Had a lunch date yesterday. It is pleasant to be able to go or do something on a whim. My colleague here told me she wants to catch up over lunch and ask “the share trading expert” (surprise!) while I’m just happy to chat.
I might go on a walk for lunch today, have to shed off some accumulated fat in the midsection as I’ve been sitting down a lot! Anyway, my colleague mentioned that she’d like to learn more about this share trading, she seems to think I’m a hardcore trader, spends a lot of my time trading and so on. I told her, I did go through that phase being glued to the computer and stock charts etc before which didn’t really give me spectacular results, so I thought I’d share my weekly schedule and trading activities slotted into the week. Basically, I trade on my own sweet time. I do have to figure out the best time for them among the other things I have to do, but I trade when I want to. The trading procedure is divided into 4 parts, so on a particular day, I’m probably just doing one part. The longest part is the preparation, which really sets up the basis for your tradings and takes about 5-15 minutes depending on how well-versed you are with the concepts required.
Overall, I think it’s pretty flexible once you’ve setup your trade, you just monitor it with a smartphone or end of the day (depending on your chose timeframe). The book discusses this at a high level, but here is one of my old schedules just to give you an idea (I need to update this after having just finished the book writing process — got to first catch up on spring cleaning the house, filing, preparing tax etc).