Full Time/ Part Time

Discussion in 'Professional Trading' started by Goldlover, Mar 22, 2023.

  1. newwurldmn

    newwurldmn

    hehe... 930-4 is a part-time job in my opinion. :)
     
    #11     Mar 23, 2023
  2. Why is everyone answering to what's obviously a bot? :)

    I'm a part time trader.
     
    #12     Mar 23, 2023
    orbit23 and murray t turtle like this.
  3. deaddog

    deaddog

    I trade to fund my lifestyle, that is I live off what I make trading. I spend maybe a couple hours a day looking at charts and placing trades. To me that's part time. Or possibly full time with a really short work day.
     
    #13     Mar 23, 2023
  4. let me clarify:
    * if you trade low frequency
    and/or
    * if you’re a hobbyist and don’t care about excess returns

    then, you probably do not need many hours in the day. If you’re trying to daytrade fx you’ll need a lot more time.

    I’m not saying you ever need 80+ hours per week, but if you’re trying to make a living off of trading then the hours do creep up.
     
    #14     Mar 24, 2023
  5. %%
    LOL, no wonder that sounds like ET:D:D
    Bankers hours[central time ]are part time;\
    better get something else than banker priced money.
    4x seems a bit to much for new traders; most use 3x or 2x or cash ETFs, or 2x. Try not to do ES unless you work @ CME; or get entangled in medical industrial complex , full time.
    Money market[brokerage, not 4x] pays 4.44% or more, consider what some of those banks do; make a million or half a million, on $500,000,000, better than bonds. 5% +/
     
    #15     Apr 6, 2023
  6. TheDawn

    TheDawn

    Depends on how much you can make trading it. If you can make enough profit to pay all your bills, you can trade it full-time otherwise having a part-time job on the side would help.
     
    #16     May 17, 2023
    Goldlover and murray t turtle like this.
  7. %%
    I dont think I could or would be a part time[or anytime] forex trader-LOL
    I dont know of anything where the average pay is the same for 7 hours + 72 hoursLOL.
    i asked that metals dealer cashier, bought any gold this year ??She said no; buys plenty of cash copper, stainless steel, tin,tons of steel..............................................................
    B Baruch said dont speculate part time;
    but its nice to have more than one income stream , so exceptions can apply well to most any rule.
    David Floyd wrote a good book[%%%], '' 4 hours a day '' he says/OK; but that book took much more than 10 years + 4 hours a day/LOL:D:D
     
    #17     May 22, 2023
  8. Perilace

    Perilace

    You don’t choose trading, trading chooses you=)
     
    #18     Jun 9, 2023
    Goldlover likes this.
  9. You answered me with your good question.
     
    #19     Jun 14, 2023
    murray t turtle likes this.
  10. %%
    OK;
    do @ least rule of 72.
    12 hours @ day X6 days a week=72.
    Since this question is in Protrading; no time in Forex for me.
    I did trade a gold trigger BroWning A-5 for cash.
    But frankly i asked the metals dealer cashier[2022, 2023] if she bought any gold this year No she said;
    they made more markets in copper, clean copper, unclean copper stainless steel, steel, brass , tin lead , brass shells.........................
     
    #20     Jun 26, 2023