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How does your 9-5 affect your trading?
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How does your 9-5 affect your trading?

  #1 (permalink)
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How does your 9-5 affect your trading?

Hello all-
I thought it would be interesting to discuss our "real" jobs, and how those jobs affect our trading. What's your regular job, and more importantly what skills have you acquired in doing said profession affected your trading? I'm sure some of you are pro traders... What did you do before that? Has your education had an impact? I'm really curious to see some responses, and I hope to learn a lot from what you have to say.

-bubu

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  #2 (permalink)
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  #3 (permalink)
3rd times a charm!
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Currently due to living on the west coast, I can do some study and planning before the opening at 6:30am PST, all the exciting stuff seems to happen during the first hour anyway, but I try to keep watching, paper trading up until the volume drops off.

Sadly I miss the mid day at 10:30am PST, which sometimes hits at 10 and sometimes as late as 11. Volume picks up around 1pm pst for 15 minutes which I can sometimes catch, but not often.

I do find it exciting that at 6:15pm-6:45pm PST is when the 6A is starting to pick up, and then the explosion when the Sindey Exchange starts its reconciliation at 6:45 PST, which sometimes carries into the open at 7pm. Thankfully since CME is running their own contract I dont have to worry about lag, at least so far!

So other then missing the two mid-day moments (morning pickup and close pickup) I'm doing ok!

-Zx

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  #4 (permalink)
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malibu View Post
Hello all-
I thought it would be interesting to discuss our "real" jobs, and how those jobs affect our trading. What's your regular job, and more importantly what skills have you acquired in doing said profession affected your trading? I'm sure some of you are pro traders... What did you do before that? Has your education had an impact? I'm really curious to see some responses, and I hope to learn a lot from what you have to say.

-bubu

I'm a linux engineer in Chicago. Pretty much at my desk all day with enough monitors to trade and work. Depending on the day I usually have time to place my bets late morning for the day and be out by 2pm CST. If I'm at home I watch the price action much more closely (emini's mostly)

Sometimes trading and work conflict pretty inconveniently which is a drag. Part of the reason I never trade any real size when I can't manage the trade with a lot of focus intraday.

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  #5 (permalink)
Trading for Fun
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My experience has been that when someone says they are a "professional" gambler they really just mean they are unemployed and burning through a nest egg of some sort.

I'm a data analyst but nothing to do with markets. 9-5 doesn't change my bets at all. Unless you are playing around with micro-structure noise there just isn't that much to do during the week.

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