Todays blog is really something I experienced when I first embarked on this trading journey .My work hours were exactly 9 to 5 funny enough and 1 day I just picked up my stuff and left never to return.I was 8 months into trading and that on my part was a bit premature and would never advise anyone else to go down that road.So with that in mind here is a brief outline of how to trade around your job and I will suggest a book right at the end that will help you achieve success.
1.Schedule-The most important asset we have is time and without it we are lost .Therefore planning your days makes it seem like you have more time.You do not have to demand too much from yourself only a 1 hour a day is sufficient depending on your strategy of course.Prefebly taking the morning because that when you mind is still fresh and process data better unlike in the evening where work,kids,spouse(had to put that in there) have gotten the best of you and all you want to do is lay your head down to rest.
2.Strategy-Adopting a trading strategy that requires the same attention as a full time job guarantees you will not follow through on any of your commitments. At first trading will be stressful however it does not need to be a hectic endeavor and the right type of strategy will help you get a place where you no longer dread going to your trading station .Long term strategies that have a position or swing trade feel to them are usually the best for people holding down a 5 to 9 below if you follow a strategy that is not consistent to your times and then you are going to have a hard time so don’t try and emulate what somewhere is doing just because they are successful so you need to be aware of what give you the best results.
3.Goals – These are very important for life in general and so their application in trading is a very easy crossover .Now goals in trading are usually blown out of the water and traders end up with goals that are too high and not enough skill to get there ,if you have experience in trading you realise a simple shift in one goal can lead to trading.There must a clear way of measuring the progress of your goals for instance writing them down.Initially goals should not revolve around money but rather keeping the process clean and empowering yourself to do the right thing at the right time ie (do my analysis once everyday without fail for the next 5 days)
As promised my book recommendation is by LR Thomas http://10xroitradingsystem.com/the-ebooks/
You can get it as paperback or hardcover or even pdf .If you can get in in ways that require you not to buy it then good for you LOL however please do not ask me about it