How hard is full-time Trading

[zghorner]

Yea I've never been bored but I have been overly excited...practically manic over some huge wins. Terribly embarrassing lack of control.

 

[TheDawn]

Thanks everyone.

I get the impression unless you're really good, don't even think about going full time?

It's lonely, stressful and harder than Chinese Algebra competing against the Institutions long term.

Nowadays with HFT and prevalence of bots trading, it's really not worth it to trade actively full-time. It just makes you prone to over-trading. Trade once or twice a day is more than enough to make money, with the rest of the time that's left over even after the analysis work, you can definitely take another at least part-time job on the side. More $$, less stress when trading.

 

[Sergio123]

Nowadays with HFT and prevalence of bots trading, it's really not worth it to trade actively full-time. It just makes you prone to over-trading. Trade once or twice a day is more than enough to make money, with the rest of the time that's left over even after the analysis work, you can definitely take another at least part-time job on the side. More $$, less stress when trading.

What kind of job? Would you get a technical job like a software developer or something like a resteraunt waiter or Uber Driver to talk to people and gauge the economy?

 

[TheDawn]

What kind of job? Would you get a technical job like a software developer or something like a resteraunt waiter or Uber Driver to talk to people and gauge the economy?

Any job that brings in the dough, ideally a job that allows me to work remotely from home or at least use the same computer that I trade with. Restaurant waiter or Uber driver I dunno cuz you need to work away from the computer although the interfacing with people would be good. Gauging the economy from being a waiter or uber driver? LOL No.

 

[Sergio123]

Any job that brings in the dough, ideally a job that allows me to work remotely from home or at least use the same computer that I trade with. Restaurant waiter or Uber driver I dunno cuz you need to work away from the computer although the interfacing with people would be good. Gauging the economy from being a waiter or uber driver? LOL No.

Ive ridden in plenty of Ubers on the way to the airport where they would ask about my work and my take on the economy and the driver would trade from their phone while waiting for rides to come in.

 

[Frederick Foresight]

I know many "full-timers" who are done trading within the first 2 hours. And most of that time is just patiently waiting for a setup. Not at all like some action junkies that a few above posters want you to believe.

Interesting. Do most of these guys trade single or multiple markets? And if multiple, several or few? Just curious.

 

[schizo]

Interesting. Do most of these guys trade single or multiple markets? And if multiple, several or few? Just curious.

Well, in that case, stay curious.

 

[Frederick Foresight]

Well, in that case, stay curious.

I asked because you mentioned “setup” in the singular. So I wasn’t sure exactly what you meant. But go ahead and be an International Man of Mystery if you must.

 

[triplicity]

we can provide some trading services for improving your performance of trading ,mean while, reducing your trading cost .

 

[TheDawn]

Ive ridden in plenty of Ubers on the way to the airport where they would ask about my work and my take on the economy and the driver would trade from their phone while waiting for rides to come in.

According to your assessment? Ok