What kind of job do you have?
First of all we have to know what kind of job you have. Some people work full-time, some work part-time and some only work in the weekends for example.
If you’re only working in the weekends, you have the best option to combine your trading with a job.
No access to your phone while working
Let’s say you’re working part-time or full-time and you don’t have access to your phone during working hours.
You can still become a successful trader in this case because you have quite some time over to look at the charts:
- Before you go to work
- During your lunch break
- After you come back from work
When you’re a trader you don’t need to look all day every day to the charts, that’s what a lot of people are mistaken on!
Let’s dive a little bit deeper into this
You have to be at work at 8AM let’s say.
Depending on how much time it takes for you to get ready for work and to drive to work, wake up 45-60min earlier and have a look at the charts.
When you know how to trade, you don’t need to spend more than 1 hour going over the charts in my opinion.
12PM, time for your lunch break. Your lunch break might take 30-60miniutes probably so while you’re eating, you can easily check on the markups you made before you went to work.
6PM, you’re back home from work. Perfect, that means you still have more than enough time left to check on what happened while you were at work, to prepare for what’s to come when you’re sleeping and to prepare for your morning chart markup.
In the weekends, spend 1-3 hours preparing for what you expect to come for the upcoming week.
1-3 hours should be more than enough once you know what you’re looking for in the markets.
| Duration | Activity |
| 11PM – 6AM | Sleep |
| 6AM – 7AM | Chartwork |
| 8AM – 12PM | Work |
| 12PM – 1PM | Lunch + chartwork |
| 1PM – 5PM | Work |
| 6PM – 7PM | Chartwork |
| 7PM – 11PM | Free time |
You have the choice
It is actually quite easy, you have 2 choices when you start trading.
- You truly become a trader and put time, effort and energy in your trading career.
This means you have to sacrifice other stuff such as watching TV, sleeping in late, … - You truly WANT to become a trader but you’re not willing to sacrifice.
In this case it might be better not to even start learning how to trade because you will eventually quit.
We’re not saying that you have to give up on all of your free time, you can still have MORE THAN ENOUGH free time, you just have to be willing to put in TIME AND EFFORT in your trading career as well.
The question usually is, how bad do you want it?
Are you willing to sacrifice 2-3 hours a day to become a successful trader or not?!
