There are many excuses we make for ourselves so as not to start doing something. In general, this applies to any business, but let’s use trading as an example.
“I Have No Time”
Ever feel like there’s just no time to get into trading? Between working your 9-to-5 and juggling family life, finding those precious hours to dive into the markets can seem impossible. But guess what? You’ve got more time than you think.
A study from the Bureau of Labor Statistics found that the average American adult watches about two hours of TV every day. Add in another two hours for scrolling through social media. That’s FOUR HOURS that could be spent trading!
Still think you don’t have time? Try this: do a personal time-tracking study. Seriously, track what you’re doing in 15- or 30-minute chunks throughout the day. You’ll probably discover some surprising time-sinks. Are you really playing with your kids for hours, or is dinner actually taking that long to cook? And let’s be honest, how many episodes of “Bridgerton” are you binging each night?
By tracking your hours, you’ll see where you can squeeze in time for trading. You might realize you’re not as busy as you think.
Notice when you have consistent free time. Some weeks might be crazier than others, and that’s okay. Find a trading approach that fits your schedule. If mornings are your only free time, day trading might not be your best bet. But if you have a steady routine, you can find a trading style that meshes well with your life. In the end, it’s all about making the most of your time.
submitted by /u/FXgram_
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