How to combine your main job with trading on the stock exchange?
Very often, novice traders think that in order to start trading stock exchanges, they must first quit their day job.
In fact, trading does not always require a full-time job; if you wish, you can perfectly combine trading and your main job.
Moreover, this approach, in most cases, gives a better result than when a person completely relies only on the profit received as a result of investments.
An unfavorable psychological factor plays a role here, due to which the novice trader is put under pressure by the fact that his only income is what a successful transaction will bring.
How realistic is it to combine your main job with stock trading?
Thanks to modern technologies and the operating features of exchanges, this is not at all difficult.
Working hours
Today, for many assets, you can make transactions around the clock on weekdays, and for cryptocurrencies even on weekends.
Brokers that allow you to trade cryptocurrencies on weekends
That is, you can safely trade on the stock exchange in the evening, early in the morning or on Saturday and Sunday.
Despite the time of day, there is still high activity on the exchange, this ensures good liquidity, and with it low spreads.
You can also use pending orders in your work, which will be triggered according to specified parameters as soon as the price reaches certain values. Strategy on pending orders
Technical capabilities
Thanks to the availability of mobile trading platforms, as well as web terminals, you have the opportunity to open transactions during breaks from your main job.
This is especially true if you trade on news, since, having learned about an important event that can affect the trend, you can easily open a deal via phone or in a web terminal.
In addition, you can use trading advisors by setting up and launching a stock exchange robot at a time convenient for you. If you leave your computer at home or use a VPS server, the advisor will open trades without your participation.
Quitting your main job and devoting yourself entirely to trading makes sense only when the amount of profit received can cover your current living expenses.