Post
Topic
Board Trading Discussion
Re: Does a trader needs to be a full time trader to be successful?
by
Finestream
on 30/09/2021, 08:40:04 UTC
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?
IMO, traders are divided into two, namely full time and at certain times. Personally, I trade at certain times because I can't give all my time to trading. well, people who have fixed time jobs, it is very difficult to trade full time, so, when the opportunity arises, we will do it.
There are advantages and disadvantages to both types of traders, such as being full time, you can prevent losses from occurring when a bear market arrives. however, even though I trade at a certain time, I also still get a profit, although not as good as full time.
I believe most of the traders here are part time traders since some have stable jobs at daytime or some may think that doing it full time without any other source of living is a very risky decision. But definitely, trading has always a huge profits to offer if you are a good trader and knows how to drive the market even when there is a sudden crash. So there's always an edge if you can focus on it full time but does that not mean that in part time trading, the profits is lesser. Basically yes, but if you have the best strategy to use, then even at a short term, you can still gain huge profits.