How come you don’t just start trading full time? Wouldn’t it be more lucrative then working the day job?
This is a question I get from time to time. Actually, on occassion I’m accused of not trading for a living, as if that’s some kind of trading blaspemy.
Guess what? Most traders do not trade for a living or full-time or anything like that. A lot of folks may have aspirations to do so, but it’s a relatively small fraction who actually do so – and no, that isn’t necessarily an indication of success. There have been plenty of full-time traders who have had to go back to real jobs, believe me.
For my part, I’ve never had any desire to trade for a living. My interests areÂ numerous and varied. While I definitely enjoy being in the market,Â I prefer to do my trading part-time.Â What’s more, I tend to see my best trading performance away from short-term timeframes. On top of that, my job is as a market analytst. I’m good at it, it pays me well, and there’s basically no risk of actually losing money. Plus, I get access to information and resources that I wouldn’t necessarily have otherwise.
So that’s my position on the subject. I encourage you to share yours as well.