Trading while working full time

[lawrence-lugar]

Care to explain?

His part art, and part science is big. Just speak vaguely and in slight riddles to cover all bases. You can be right or wrong and still win either way.

 

[helpme_please]

I'm sure given your background, you are aware of passive ETFs like SPY and QQQ. Even most professional fund managers/traders who work full-time can't beat these passive ETFs over a long-term of >10 years. If you want to trade on your own, it makes sense if you love trading. If you want to do it for the sake of money only, buy passive ETFs. Passive ETFs makes all the more sense since you are asking how to minimise time on investing. Passive wins in this aspect, of course. Otherwise, it won't be called passive.

If your family business creates more social value than trading, please go ahead and devote more of your time to your family business than be distracted with trading which can result in losses.

Hi. I am currently working full time on a family business. I used to work as a trader and now I want to trade on my own account without quitting my job. I really need to do it investing the minimum time, I can get to about 2-5 hours a week. I would appreciate any comments, resources or links. Thanks!

 

[tommcginnis]

Care to explain?

Thanks.

There are three parts to that post, not one.
Take them as a whole.

Ask yourself (or better, your favorite underlying)
how much room does a .33δ position have with 6 weeks to go,
versus with 6 days? Or 6 hours?

But if delta is equivalent to a P(ITM), then what's the big deal?


The OP wondered of how to trade while not living nose-to-screen.
One key? Be a slave to delta.

"Don't be obtuse." (Thank you, Stephen King.)

 

[Overnight]

...

"Don't be obtuse." (Thank you, Stephen King.)

I thought the line was "How can you be so obtuse?"

 

[tommcginnis]

I thought the line was "How can you be so obtuse?"

Meh. Fair enough.

(Great catch. Actually, I was just so relieved that I did not lean on Youtube for the scene. )

 

[jk90029]

For example, if you have free 10 min every hour and one full hour in lunch between 9 and 5, then it is possible.

But you need to make a good programming and logic for trading which takes SEVERAL years at least.

 

[Garett Sim]

Yes you can do the trading as per your own requirement and that’s the beauty of forex trading. a forex trader can trade any time, day or night as it is a 24 hour market. And there are various opportunities available for all kinds of traders. You can work as day trading or you can work with mini accounts or you can simply utilize the facility of PAMM accounts or you can use forex copy trading so that you can good money by giving small time and small investment.