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PART-TIME TRADING WITH A FULL-TIME JOB: A Low-Frequency Playbook for Building Wealth on Your Own Schedule - Couverture souple

Edet, Nsikak

 
9798193104391: PART-TIME TRADING WITH A FULL-TIME JOB: A Low-Frequency Playbook for Building Wealth on Your Own Schedule

Synopsis

Most trading advice assumes you can watch a screen all day. You can't.



You have a job. Shifts, meetings, patients, routes, classrooms. By the time you get to a chart, whatever happened has already happened. Every book you have tried was written for someone with a spare eight hours, and none of them said what to do with the ninety minutes you actually have.



This book was written for the ninety minutes.



It gives you one hour on a day you choose, when the market is shut and nothing can move while you think. You run eight names through four checks. If nothing qualifies, you place nothing and close the laptop. If something does, you work out three prices and a position size, place three orders that work while you are at your job, and check for four minutes on Tuesday and Thursday.



That is the whole method. Just over an hour a week, and it does not grow later.



What you will actually be able to do




  • Open and configure a brokerage account, and know which settings to change on day one

  • Place four kinds of order, including the ones that trade on your behalf while you work

  • Judge which markets suit your week, using a five-question decision tree that gives a different answer to a nurse on rotating shifts than to a teacher with fixed hours

  • Build a watchlist of eight names and know why each one is there

  • Read a weekly chart in ten minutes, using two indicators and nothing else

  • Recognize one specific setup, and recognize the far more common weeks when it is absent

  • Work out exactly how much to buy, which decides more about your results than anything else

  • Get paid to wait, using the only two option trades a part-time trader needs



What this book will not do



It will not promise to replace your income. Chapter 1 sets out what a part-time account can realistically add, and is equally clear that some years finish lower than they started. It says so on page nine rather than letting you discover it in month nine.



It will not ask you to predict anything, forecast anything, or hold an opinion about where markets are heading.



And it will not tell you to cut your hours or leave your job. Your salary is not the obstacle to your trading. It funds the account, it removes the pressure to perform this quarter, and it lets you wait for setups a full-time trader cannot afford to wait for.



Built to be followed, not admired



Fifteen chapters, in order, nothing skipped. Every chapter opens with a story from someone who solved the same problem in another trade, then sets out the rules with worked examples, figures and tables. Each one ends with fifteen multiple-choice questions and five scenarios with full answers, so you can check that you understood it before your money does the checking for you.



By the last page you will have written one sheet of rules in your own words. That sheet, not this book, is what you will trade from.



Less screen time. More life. Better results.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.