Thread: Work Vs Trade

It's likely to exchange Foreign Exchange and operate at 9 to 17. Would you agree with you works a lot you need to be a very long term trader?

Interesting question. I think it depends on how much plogical efford you invest in your daily job. If you just crusing easily then it is posible to trade effectively. If you have a tough job for you then likely just long term trader you're.
I actually have a promising results now, but anyhow I'll be working day job, since I am pessimist Unless I'll be earning enough to live trading, I will have a day job.
And I'll be looking for something quite easy emotionaly, so that I have enough for my own short term trading.

I still have my day job - just over broke , I started live investing in a year ago and withdrew my first account 6 months back with Day trading, due to the divided attention, both my job and fx suffered. Since That Time I proceeded on to Long-term Trading 4hr-daily charts and invest literary only 2 hours a day on fx and gaining slowly, now even the wife is more pleased since I can spend more time with her in the evenings

in 6 in the afternoon I have a look at the charts and place all the times of the Fundies in my outlook calendar = 30 mins

every hour I've a Fast glance in the charts = 2-3 mins x 10

and on every fundie = 5 mins x 10(approx)

Totaling

Originally Posted by ;

It's possible to exchange forex and work at 9 to 17. Would you agree that with you works a lot you have to be a very long term trader?

99.9% of the traders on this forum are balancing work and trading. Many have jobs where they could monitor the forex trading whenever they work. Those that can't watch the forex only trade a couple of hours per day in the slightest. With the use of a good EA, their trading has been done for them in their lack of a pc.

I trade full time from your home. Most of my trading is completed on 4 hour charts which gives me the luxury of freedom to do additional jobs at the same moment. It is a good feeling to have the flexability to exchange and observe a great HBO movie at the same moment. My goal is to exchange 2-3 more years.

I firmly feel that with great trading systems and appliions getting more available, thanks to its programming pro's, there will be many more traders doing what I am doing and trading in the luxury of their own home.

4 hour and daily charting works best in my view for the ones that balance work and trading. Find a Fantastic program with an EA.

I wish you great luck.

I am in that egory that can both work and trade at the same period, because my job entails a personal computer and an internet connection.
I can tell you the best setup was to trade longer term (daily) - basically checking my charts at the early hours, at noon and at day once I get home. And it wasnt better for me but also for my boss also
Been trying to trade 1H charts from work, it was bad bad bad, both in trading results an job results.
So to answer your queries, yes one needs to become a long term trader (4h in the minimum if you really need speed), it brings a fantastic balance between work and trading imo.

I agree, if you are working full time period frames are more suitable.

You can always alter your trading method around your full time job.not another way around . If you merely have some couple of minutes to look at your charts whynot swing commerce or commerce using daily charts

Surely feasible to swing/position trade while having another occupation during the day.

Yeah its potential, I do maintain work, that makes me a mended sallary, and still figure out how to exchange swings and places on hotforex, its difficult should you own scalp a lot on a daily basis. But its doable.

Originally Posted by ;

yeah its potential, I do keep a job, that earns me a fixed sallary, and figure out how to trade swings and places on hotforex, its hard should you scalp a lot on a daily basis. But its achievable.

So from the philippines they cover you to trade in your actual working hours? In europe companies pay you to work during working hours.