Originally posted by Martin Kay. For the Full review click here
There’s a big different between what we do as a hobby and what we do for living. The lucky ones among us are those who work in what they like, most of us would just have to keep doing their hobbies on the evening or on weekend. Unfortunately for us trades, there’s no trading on weekend, so all the time we have for trading is early morning or on evenings, some of us even wait until late night time to trade. Professional traders, when they wake up, they start trading and trading until the day is done. Then they trade again. They trade out of instinct, just like a doctor treads a patient or a
Chef makes his dish. We part time traders only have a certain limited time frame to try and fulfill our dreams of getting rich, yet it seems like we try too hard. Instead of generating profits on our spare time, lots of newbie/ part time traders suffer losses. It’s not the quality or potential of the new trader, it’s the uneven equation between expectations (=profits) and resources (=time)...