With the economy starting to normalize, many traders are starting to realize they might not have the luxury of trading all-day.
That’s the only reason I can think of as to why I received an overwhelming response from readers, asking if it’s possible to trade part-time.
To be honest with you, it’s not as difficult as you may think. Heck, I actually got into trading while I was working a 9-5 job a few years ago…
If you still want to scratch that trading itch, while you’re working, running errands, or spending time with your family… then there are crucial questions you need to ask yourself.
When it comes to trading on a part-time schedule, you have to be honest with yourself. Here are some questions you need to answer truthfully:
- How much time do I have to dedicate to trading?
- Realistically, what times of the day can I trade?
- Do I want to day trade or swing trade?
- What strategy will I use to attack the market?
- Am I able to sneak in some trades and check on my positions from time to time?
Of course, there are other questions you’ll need to ask yourself… but those are the bare minimum.
You might think you’ll need to dedicate countless hours to develop the necessary skills to become a trader. To be honest with you, I don’t think that can be further from the truth if you start out with the right strategy.
Once you’ve figured out a strategy that can work for you, then you’ll need to find out how to utilize it and trade around your schedule.
For example, I first found my edge in catalysts and chart patterns and that helped me jumpstart my trading career. I was able to swing trade because that made the most sense. I could enter my orders ahead of time to lock in gains, or stop out…
So I didn’t necessarily have to have my platform open all day.
I was able to dig myself out of a trading hole, all on a part-time schedule.
Since then, my trading has evolved and I can actually afford to be at my screens all day.
However, I understand the struggles of being a 9-5’er and not being able to trade all the time.
That’s when it hit me.
I can still show traders the path to becoming a successful trader… in as little time as possible.
Through my latest breakthrough strategy — Mobile Closer.
It’s a strategy in which I set myself up for overnight profits… all from my phone. It’s just one trade on one ticker at one specific time per day.