Does a trader needs to be a full time trader to be successful? - page 10.

Hamphser

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Quote from: Realgogo on September 12, 2021, 01:44:29 PM

As the market is volatile and very technical, does it take full time to become successful in trading? or can some trade part time and still make real profit from the market?

Nope, it doesnt really need for you to become full time trader for you to be succesful and in fact there are much more than swing or long term ones which do made themselves successful on this market.

Somehow if you are really longing for seeing profits on shortest time as possible then you would be really needing to be an active one but depending if you could able to bare such risk and volatility.

It might simple as it sounds but when you are on the actual situation then its already hard for someone to sustain themselves and thats the main reason on why some doesnt consider on making out some active trades.

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legendary

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Specifically me, I don't think I will be successful with the "full time" type of trading. I don't have enough time to do it like that because I also have work to do in RL. Trading full time is really unhealthy in my opinion, but probably good enough for those who can afford to sit in front of a monitor 12 to 20 hours a day. Had I been given a choice, then I would have preferred investing over day trade or full time trading.

jossiel

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Not really.

What you need to become successful is more of the wins with your trade. That's what success defines for me and even you're a full time or part time but you've got more wins.

Then that's it.

jackg

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I think most people trade fairly part time. If you think about it, most people trade 5m charts to 1d charts and a new pattern can take at least an hour to form so if trading just one or two instruments, you don't need to take much time at all to work out whether to trade before moving away from the charts.

Of course, people who do fast paced trading or who like to cover a lot of the market will be more active trading and might start doing it full time - but I'm not even sure it's helpful/healthy to trade full time (especially as a beginner).

Realgogo

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As the market is volatile and very technical, does it take full time to become successful in trading? or can some trade part time and still make real profit from the market?

Topic: Does a trader needs to be a full time trader to be successful? - page 10. (Read 1096 times)