Australian (ASX) Stock Market Forum

How much time in the week does trading account for?

I have, and need a day job....i spend about 20 hours a week looking at "financial stuff"
and prob spend about 5 hours a week making decisions about that "stuff"

Total time clicking buy and sell buttons...about 12 minutes a week.
 
8:30-9:45: I'd do this for free. It's like the best computer game in the world and you can get paid for playing it. Trading makes me happy. It's what I was meant to do.
I'm happy for you. Not a lot of people are geniunely happy with their job/life. Actually, I'm a little jealous cause I hate my day job and I'm not good enough at trading to give it up! :p:
 
I'm officially retired but love to trade and devote 5 - 6 hours a day to it.
8 - 10 AM day trade Dow Futures - YM
10 - 2 PM work on Pair Trades
 
Hello all,

I thought i'd start this thread to satisfy some curiosity. I know it has been discussed before so apologies to those if appears repititive.

I find reading many of the posts on ASF very thought provoking and insightful. At times, it really amazes me the extent of knowldge that people possess. As a result, im curious to see how of those poeple, how many apply it full time , part time, weekends, once a week etc?

Also interested to see what ASF members' daytime jobs are (trading or other). As well as how much time trading takes up when you are not working.

I will kick things off so you have an idea of what i am looking for:

TYPICAL DAY:

9-10 = look at asx charts of small / mid capped stocks
10-4pm = scalping aus equities, mainly small caps, concentrating on volume and momentum
5-7pm = some EOD futures trading analysis / studying course material
7 -8pm = paper trading futures EOD
9-11pm = read a few chapters of trading book of choice

(yeah i know its sad, but weekends is where i get loosy goosy and let the hair down. My days wont always be so trading oriented, its only because i am slightly green so i am in the process of immersing myself in as much relevant info as I can)

I know there will invariably be people who be inclined inclined to share this sort of info with the general public, i completely understand. Though I am sure this will be an interesting thread to those who care to comment and read it.

Look forward to hearing from you all, especially from those of you who have a great deal of knowledge in the everything associated with trading, including its psychology, systems, strategy, T/A, MM.

What does your day look like?

Cheers
ST

I generally don't watch the market during the day. I trade with end of day data and scan the ASX for any opportunities that may fit my trading rules. If they do, I'll place orders at that night. Usually takes me an hour or so, 6-7 pm. Otherwise during the day I do the same for the US markets, where it takes another hour.
 
10am. Turn on the SPI, see if there is anything interesting. Get distracted posting on ASF, miss some trades.
11am. Turn on the STW, see if there is anything interesting. Get distracted posting on ASF, miss some trades.
11:45am: Turn on the MHI, see if there is anything interesting. Get distracted posting on ASF, miss some trades.
Noon-4pm: Continue to be distracted, miss more trades, and resist falling asleep.
4pm: Ignore market.
5pm: Attempt to trade the FTSE for an hour.
 
10am. Turn on the SPI, see if there is anything interesting. Get distracted posting on ASF, miss some trades.
11am. Turn on the STW, see if there is anything interesting. Get distracted posting on ASF, miss some trades.
11:45am: Turn on the MHI, see if there is anything interesting. Get distracted posting on ASF, miss some trades.
Noon-4pm: Continue to be distracted, miss more trades, and resist falling asleep.
4pm: Ignore market.
5pm: Attempt to trade the FTSE for an hour.

Today: 11am Fall asleep looking at SPI.
Wake up 2pm. Realise I've missed nothing...

zzzzzzzzzzzz
 
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