People say that Part Time Trading is not easy.
I am a Part Time Trader for more than 7 years and I have been using most of these tricks in my own #trading.
Here are some free hacks for a Part Time Traders to generate additional returns along with their Job/Business 🧵:
1/ First select in what instrument you will trade or invest:
This question can be answered depending on the skills and your edge in trading.
I have my edge in Option Selling and Positional Trading.
So divided my capital in half in these two.
Note: It is not necessary to jump into Futures and Options Trading just looking at lucrative profit screenshot.
Always protect your capital and don't take huge risk.
Generate returns that give you peace of mind.
2/ Let's say you pick up Option Trading as edge.
Then you should have a proper setup that you will trade. It can be intraday or positional.
For Intraday, put alerts and Stoploss order in the system always.
For Positional as well, use alerts at Target Level or Stoploss.
3/ Let's say you pick up Cash Trading.
Then you will have to do all the chart analysis one day before. Then wait for your entry to get triggered in any stocks.
For that simply use alerts and you get notify if entry is triggered.