Any part-time trader here with a proper day job?

Quote from rkana:

for those who swing trade afterhours, I am wondering who are you recieving your end of day data from and what software do you use for analysis?
i am thinking about placing trades in the AM Eastern time and doing analysis at the end of day, looking for a decent commodities broker to place online trades with....
:confused:
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Yahoo has pretty nice EOD data.. with historical prices in exportable format to excel too. 20 minute delay, though.. so it really is limited to EOD.
 
I am a full time PC tech working for a non-profit company and I travel miles every day to fix PC's, so I am in front of a PC many hours . I kind of am able to spend as much time as I want fixing PC's. :). I used to swing trade stocks in 2004 , but now I am trading forex. It gives me a chance, after 4:30 PM , to watch charts and the market itself.
I also look at the rates on my PDA and have a laprop with me I can connect throu my PDA to the internet. ( a bit slow though)
 
Quote from $$$lover:

I think this is a great post/forum......BUT....if we all admit or tell our "on the side trading"....the news the papers etc will be all over it and the companies or government agencies we work for will be investigating and the whole think will be over.....for example as soon as the NJ turpike finds that some of its employess are day trading as they collect tolls what do you think might happen....this maybe a good time to not admit or share our experiences at all with anyone...not even the board....this basically helps no one although I find them to be great stories...as for me...well I have no comment.
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Dude, chill ... :cool:
 
Anyone trading from Singapore? Well the U.S. markets open at 9:30pm (or 10:30pm) till 4am (or 5am), so I can still keep a day job and trade late nights.

I left my job last month so am trading fulltime now. Kind of boring during the day without colleagues and social contacts.
 
Quote from bstay:

... I left my job last month so am trading fulltime now. Kind of boring during the day without colleagues and social contacts.
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Yeah bstay, I noticed that to be true myself.

That's why it's more important now than ever to maintain my relationships with my family and the circle of friends that I had before I went to trading full-time.

I find it's also good to get new hobbies (Argentine Tango, anyone?) and do things that constantly broaden my horizons, while still doing what I love to do.

(As far as the work stuff is concerned, uh, I don't know about you, but I live in NYC, it's actually very competitive here, and those folks weren't really my friends, anyway).

Later,

Jimmy
 
Quote from rimshaker:

As an EE, I make a respectable salary. But when the daily fluctuations in my trading account are like 2-5 times the size of a single paycheck..... i do wonder sometimes..... why even bother working this day job?
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I'm an EE too. Or at least I used to be. I had the same dilemma as you so when the buyoffs came around I took it and I am starting out with one of the prop firms now.

Many EE's trade. Some firms in fact prefer engineers.
 
I'm working on setting up an auto trade system, last week it made 5% on it's first trial run (paper trading) with the IB simulator. This may be the way to go for many people working during the day.
 
ohh so you would condone leaving an autotrade system un-monitored? amazing....

Quote from GS19:

I'm working on setting up an auto trade system, last week it made 5% on it's first trial run (paper trading) with the IB simulator. This may be the way to go for many people working during the day.
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Quote from smallfil:

>>>Princesa,

Actually, you are a rarity. Tell your husband, he is lucky you have an interest in investing. Very few women trade and the ones that do are very impulsive. I had a female friend who I was mentoring on trading but, she was too impulsive. Would suddenly trade huge positions without good reason. She blew out close to $300,000.If she listened to me and put the bulk of her funds in the bank, she would have more money now and be a better trader. On a couple of occasions, I gave her my options picks, she was able to take advantage only 3 times. She missed the last one I gave her on XTO EH (XTO) which I bought at $3.60 and sold for $7.40. In between, she bungled some more trades which lost her money. Have a couple of female friends in the office who are also impulsive----they would hang on to their losing positions (big losers) and would dump the ETFs I gave them when the declined a little bit. Then, the ETFs go up and they regret what they did!!! Go figure.
Oh, I am a guy by the way. Not a very good trader yet, but working hard at it!!!
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lol- well, i hate to buy into your stereotype, but i myself blew it out bigtime when i was first starting out. very ridiculously impulsive. i'm more of an engineering/math/analytical type, though (which women aren't supposed to be either, btw), and it only took me a year of blowouts to learn my lesson. then i was out of trading for awhile, then more of a learning curve, and now i'm trader extraordinaire....

yeah, hubby knows he's a lucky dude. but seriously, i think the impulsiveness may also be a characteristic of newbies, especially those with little or no guidance from more seasoned investors about the downside of what can happen....hey remember that guy on tv in the nineties who was a daytrader and lost a bunch of money and went postal, killing several people from his daytrading firm? also, i've known guys personally who lost a ton in the 2000 crash. i was trading then, but more disciplined than most, so that i didn't do the blowout thing at that time.
 
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