How to combine your main job with stock exchange trading?

Very often, beginning traders think that in order to start trading on the stock exchange, they first need to quit their main job.

In fact, trading doesn't always require full-time employment; if you want, you can perfectly combine trading with your main job.

Moreover, this approach, in most cases, gives a better result than when a person relies entirely on the profit received as a result of investments.

Here, the psychological factor plays an unfavorable role, due to which the beginning trader is pressured by the fact that his only income is what a successful deal will bring.

Under this pressure, traders begin to make rash trades in the hope of making a profit, rather than waiting for the right moment or a strong signal:

How realistic is it to combine your main job with stock trading?

Thanks to modern technologies and the way exchanges work, this is not at all difficult to do.

Opening hours

Today, many assets can be traded 24/7 on weekdays, and cryptocurrencies can be traded even on weekends.

Brokers that allow cryptocurrency trading on weekends 

This means you can safely trade on the exchange in the evening, early in the morning, or on Saturday and Sunday.

Regardless of the time of day, the exchange still experiences high activity, ensuring good liquidity and, with it, low spreads.   

You can also use pending orders in your trading, which will trigger according to specified parameters once the price reaches certain values. Pending Order Strategy

Technical capabilities

Thanks to the availability of mobile trading platforms and web terminals, you have the opportunity to open trades during breaks from your main job.

This is especially true if you trade on the news, since once you learn about an important event that could influence a trend, you can easily open a trade via your phone or web terminal.

You can also use trading advisors by setting up and running a trading 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 intervention.

Quitting your day job and devoting yourself entirely to trading only makes sense when the amount of profit you receive can cover your current living expenses.