Having a 9-5 job can actually help with your trading!

i agree

there are many benefits


one is that you don't have to watch the market so you can just do set and forget trading

not recommended for newbies though

newbies need chart time. lots of it.


another one is secondary income.




the ideal source of income stream for a trader is network marketing. i know people who are making $10,000 a month simply by getting 300 people ordering a product/becoming a brand partner with the network marketing company.

i know people who have built 5 figure monthly incomes in less than 3 months.

Yeah, I know and even as a full time trader there are times you wish you were elsewhere ..not saying that it gets monotonous but even full time traders need a break. But moving back to the topic, yeah after a long work day, the trader wannabe would probably fall asleep in front of the system.

Thanks for All your thoughts and Insights, Gentlemen

I trade and work a fulltime job too. I don't think i could ever trade fulltime as i still have a bit of fear of losing.

I stick to the 4hr charts or sometimes daily charts and i have been profitable. But i won't see it ever replacing my main source of income. More like complementing my income.

When i first started, i traded 5min or 15min which made me lose all the time and made me do less work. I was then told try higher time frames and now I've found my happy spot with the 4hr chart. So now i only glance at the charts every 4hrs and concentrate on work or other stuff after work.

9-5 job combine that with daily chart trading and u in the money

Yes i agree, because if you have a busy job then you are forced to take longer term trades, so you will probably trade with the trend, the long term one, so the trade's winrate will be very high, DD low if the Risk<Reward ratio is respected, also the market is less noisy in the high timeframe so its good for your account equity, and also psychologically since you dont get whipsawed by the market.

The other reason is that you have a job, so you can fund your account in the run, so even if you risk 1-2%/ trade looking for 4-5% gain, and a trade will be held 2-3 weeks, then you could make lets say 5% each month in average.Because you can always fund your account from your salary, you can increase that 5% 's nominal value, until you can become full time professional trader