HOW TO BE PROFITABLE AS A 9â5 TRADER
If youâre a student or a 9â5 worker, this post is for you. Donât scroll past.
You donât need to quit your 9â5 to become profitable at trading. Hereâs why đ
You have limited time, so use it intentionally. Find the session that fits your schedule, focus on the setups that work best for you, and backtest them properly. You might discover that you only need one or two quality opportunities within a specific window.
Donât force yourself into scalping if your schedule doesnât support it. Day trading or swing trading can give you more flexibility. Analyse your charts when youâre free, set your levels and alerts, then wait for price instead of chasing it.
Most importantly, stop measuring your progress by how many hours you spend on the charts. Measure it by how well you understand your strategy, manage your risk and follow your rules.
You can have a 9â5 and still become a profitable trader. The key is building a trading routine that works with your schedule, not against it.
HOW TO MAKE YOUR FIRST $10K BEFORE THE END OF THIS YEAR : A Realistic Step by Step Approach.
â If you are already a Profitable Trader trying to scale up, this is for you.
â Good News is You can do it with a Prop firm, if you readily don't have the minimum amount Required, if quote this post with it.
Disclaimer -
â There's no Fixed timeline to it, Could happen less than a month or More than 6 Months, All you need is the skill which I'm assuming you already have, Secondly Discipline and Patience to stick through the process.
â There's No Fixed Amount of trade it is supposed to take, So don't pressure yourself, Allow your system Prevail.
â This is the most simple plan I have, very Easy to understand.
REQUIREMENTS FOR THIS CHALLENGE
âŚ$1,000
âŚ40% Win Rate - Win 4/10 Trades.
âŚRisk to Reward - 1:5
âŚ10% Per Trade, (The 10% Varies for Each phase)
KINDLY NOTE THAT
1. Once The Target is met for Any Phase you move to the other phase, It doesn't matter the number of trades taken in that phase, Once The Target is met the next phase Kicks in.
2. The Target for every phase is basically 100% of the starting balance.
4. Realistically, You will Have Higher Win rate in some phases and Even if you are meant to have that 40% Win Rate, if your First Two Trades are Winners you Automatically Pass a phase.
âŁPHASE 1
~Start Balance : $1,000
~4 wins Ă $500 = +$2,000
~6 losses Ă $100 = -$600
~Net = +$1,400
â˘Ending balance $1,000 + $1,400 = $2,400
â˘Target = $2,000
Keep Buffer of $400 that is Untop.
âŁPHASE 2
~Start: $2,000
~4 wins Ă $1,000 = +$4,000
~6 losses Ă $200 = -$1,200
~Net = +$2,800
â˘Ending balance - $2,800 + $2,000 = $4,800
â˘Target = $4,000
Buffer is the $800 Untop.
âŁPHASE 3
~Start: $4,000
~4 wins Ă $2,000 = +$8,000
~6 losses Ă $400 = -$2,400
~Net = +$5,600
â˘Ending balance = $9,600
So:
$9,600 + $400 buffer + $800 buffer = $10,800.
Congratulations on Hitting Your First $10k, Kindly Like, Repost and Drop Questions.
The More you trade
The more you learn
The more you learn
The less you trade
The less you trade
The more you Earn
The more you understand your edge the less you tradeâŚ..