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  • Suggest You - Part-Time Traders Deserve Respect Too

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    trade full-time. Even when that ends badly, there is still the idea that it was a venture of worth and should be admired.

    What about the rest of us, though?

    If you read much in the chat boards and trading forums, where there ar

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    Since you reading this article, more than likely you feel you fall in to the large category of people who consider themselves part-time traders - or would do so if they were active in the markets. That can cover a lot of ground, though, so it makes sense to start with a definition.

    For our purposes, a part-time trader is one who can, at most, spend a couple of hours a day developing trading strategies and putting them in to effect. That covers an awful lot of people It runs the full spectrum from those who can monitor the markets each day to those who only have a few hours a week, if that. Most of us fall in to that category.

    There seems to be a stigma attached to part-time trading, though. All the notoriety goes to the day trader – someone ready, willing, and able to spend long hours in front of the computer screen, with market information flowing before their eyes. We have certainly all heard the tales of those who quit their jobs to trade full-time. Even when that ends badly, there is still the idea that it was a venture of worth and should be admired.

    What about the rest of us, though?

    If you read much in the chat boards and trading forums, where there are

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    it makes sense to start with a definition.

    For our purposes, a part-time trader is one who can, at most, spend a couple of hours a day developing trading strategies and putting them in to effect. That covers an awful lot of people It runs the full spectrum from those who can monitor the markets each day to those who only have a few hours a week, if that. Most of us fall in to that category.

    There seems to be a stigma attached to part-time trading, though. All the notoriety goes to the day trader – someone ready, willing, and able to spend long hours in front of the computer screen, with market information flowing before their eyes. We have certainly all heard the tales of those who quit their jobs to trade full-time. Even when that ends badly, there is still the idea that it was a venture of worth and should be admired.

    What about the rest of us, though?

    If you read much in the chat boards and trading forums, where there ar

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    runs the full spectrum from those who can monitor the markets each day to those who only have a few hours a week, if that. Most of us fall in to that category.

    There seems to be a stigma attached to part-time trading, though. All the notoriety goes to the day trader – someone ready, willing, and able to spend long hours in front of the computer screen, with market information flowing before their eyes. We have certainly all heard the tales of those who quit their jobs to trade full-time. Even when that ends badly, there is still the idea that it was a venture of worth and should be admired.

    What about the rest of us, though?

    If you read much in the chat boards and trading forums, where there ar

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    otoriety goes to the day trader – someone ready, willing, and able to spend long hours in front of the computer screen, with market information flowing before their eyes. We have certainly all heard the tales of those who quit their jobs to trade full-time. Even when that ends badly, there is still the idea that it was a venture of worth and should be admired.

    What about the rest of us, though?

    If you read much in the chat boards and trading forums, where there ar

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    trade full-time. Even when that ends badly, there is still the idea that it was a venture of worth and should be admired.

    What about the rest of us, though?

    If you read much in the chat boards and trading forums, where there are regular discussions about what one needs to do to trade full-time, you can develop a serious complex. It is easy to come away feeling like you are some kind of lesser breed of trader if you do not aspire to the life of a full-time trader.

    The fact of the matter is that only a small fraction of traders do it full-time. Most of us have other things to occupy our time. We have jobs and families and other demands. The idea of day trading or trading for a living - giving up the life of an employee - sounds great, but we are not necessarily seriously considering it.

    What’s more, trading full-time is a grind. Sure, the markets can be a lot of fun, and they definitely have their excitement. Sitting at a desk watching charts and news reports all day, though, can take a major toll. It is not something most people can do for long periods of time, or would even want to try, for that matter. There is little social interaction, and when there is

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