Are there any successful traders who once had a full-time 9-5 style job who made trading work? What was your strategy of learning to trade with your job and eventually leaving your job to trade full-time?

"First learn the basics of technical analysis., mainly how to spot the trends, and patterns and identify support and resistance"

Of course, you can trade with 9 to 5 jobs, I have done it too. But the returns were lesser than trading full-time.

If you want to start with trading, you have to start somewhere, and leaving the job will make you very insecure. Let me give you a blueprint for trading while working full-time.

First learn the basics of technical analysis., mainly how to spot the trends, and patterns and identify support and resistance.

If I had to start again and trade with a 9 to 5, this is where I would start:

• Deviate a minimum of 2 hours every single night to watching and analyzing price charts.

• Mark the key support and resistance levels across various time frames watching how price behaves around each of them.

• Make notes in a trading journal of promising trading charts.

I would look for swing trades. WHY?

Because when swing trading, we tend to be in trades for a slightly longer duration. This means they are less maintenance and we can automate them easier. Look for high-probability setups in the hourly, daily, and weekly time frames. Use limit orders to enter trades and automate targets. Always use a stop loss. Once you are in the trade, be sure to monitor it as and when you can (maybe via a few tactical toilet breaks).

Credit: Quora

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