Trading Lifestyle: Setting your Trading Hours

Hi, Brian McAvoy here. And today we're going to talk about something that's a little bit of different take on trading, but it really is important, you know, if this is something you want to do for the foreseeable future. Now what we're talking about is, you know, how you set your trading hours, you know, when you're going to trade. So many traders, I'll talk to them and it's like, you know, I just, you know, I just want to make some money. I just want to, want to get to making a full time income with it. And so they're, they wind up setting their trading hours around, you know, the markets and they're not real happy with their lifestyle. I mean, it kills me how many times traders have come to me and they're like, yeah, you know, Brandon, I'm getting a little burnt out, you know, getting up at three in the morning to trade the Asian markets and you know, that kind of stuff. And it's like you need to make, you need to understand trading is an occupation where you have a ton of flexibility and a ton of choices as far as how and what you trade. And so really you want to take a look and it's like, okay, you know, six months from now, a year from now, you know, how do I want my life to look? Do I want to, you know, fill my day with other things besides sitting or staring at charts? I mean, if you do want to sit there and stare at charts eight hours a day, cool, go for it. If you, you know, if you really thoroughly are enjoying it, but if you're just doing it, you know, just for the money and it's not really something you thoroughly enjoy and you know, some, maybe it would fit better if you're only doing it like very part time where, you know, you're trading like, you know, end of day trading or some swing trading so that your time in front of the charts is really kind of, you know, at your choice and it fits the life that you want. I mean, for example, one guy, one guy that came to me almost a year ago or last year and his, he's got a routine, he has a regular day job which he wants to keep, but he wants to trade and, you know, get that going. And he's got a young family, he's, he and his wife, they've got a couple of young children and he has a really good routine and where, you know, he'll get up early and do his trading early in the day and take the kids to school, go to his Job take off in the afternoon and, you know, have family time in his evenings and be getting in lots of family time. He doesn't want to sacrifice all his family time in his personal time and his time with his wife for the sake of trading. And he was a little frustrated because, you know, the trading wasn't going that well. And so he was thinking about changing and rearranging his life to make the trading work. I'm like, no, dude, we'll make your trading work. We just need to, you know, you need to really stay committed if, you know, if this is the life that you want and, you know, a commitment to your family is a big deal. I mean, this is a lot of the reason you're doing this. You know, make sure that you're. You're pursuing your trading in a way that it works for your life. And it's not just a job that you hate or resent, because eventually, you know, that will, you know, creep up with you and build some resentment and possibly even cause you to sabotage yourself. So first of all, you know, make sure that you do enjoy trading. This is really something that you want to do. But then as far as setting your trading hours, make sure that it really does, you know, allow you to have the lifestyle and the activity mix in your daily and weekly life that you really enjoy. And, you know, you can do for, again, the foreseeable future and say, yeah, I like this life. I mean, for, you know, for some guys, it's like, you know, they want to trade in the morning, go play golf in the afternoon. Cool, go play golf in the afternoon. But, and don't fill your day with, you know, just trying to make a buck in the markets. Anything that if you're just doing it strictly for the money, you know, you just really want to think long and hard about that because when it comes to making money, you know, what kind of businesses you pursue, gigs, side hustles, whatever you want to call it. I mean, you have a ton of choices, and trading doesn't have to be it. Make sure that what you're pursuing is something preferably that you enjoy, of course, you know, afford you the financial rewards that you're looking for. But again, it fits the schedule. It gives you that time for your living and, you know, family or personal interest or whatever it is that you really seek, and it's going to be sustainable again for the foreseeable future. So pay attention here. So pay attention to your trading hours. It really is important. Put a little thought into it. You know, what, what is what are the trading hours that are really going to work for you now and looking as far ahead as you can foresee that yeah, this, this works and you can enjoy it and trade and again, you know, have the life that you want and trading is a really good addition to your life. So this is just part of being a trader that some people overlook or they kind of bend the rules and you know, make sacrifices where really sooner or later there's gonna be a price to be paid for that sacrifice. Usually again in the form of self sabotage. So pay attention to this. Trading is there to serve you and make your life better and hopefully you enjoy it and it's, it's financially rewarding. So if you found this, this video helpful, which I, I hope you have, you know, subscribe down below on this channel and you know, I talk about how to be a successful trader for the long term and the different, you know, aspects of being a successful trader. Not just, you know, looking for the magic strategy, but really, you know, again we're focusing on being a successful trader. So again, you know, if you like this channel, if you like these kind of videos, you know, definitely subscribe. You know, give me a like down below and if you have friends to trade, share this with them. It'll help their trading, you know, get better. They'll like you even more. So hope this been helpful. Talk to you soon. Cheers.