Can I trade at night with my day job? Blog (2024)

Many traders, especially those just getting started trading, want to know if they can trade while still holding their day job. Some may be worried that this will put them at a disadvantage in the markets. It’s not just OK to have a day job while stating trading, it’s advised! The markets can be risky places, so having a day job with a steady source of income in very important. That being said, if you work regular hours, and want to trade in the evenings, there may be some obstacles you’ll have to work around. These vary by market, with some markets being objectively better than others for trading in the evening. Let’s take a look at some of those obstacles.

Stock Markets:

First, we will look at general markets, which encompasses mediums such as stock market exchanges. The two most common stock exchanges are the NASDAQ and the New York Stock Exchange. Historically, these exchanges had strict hours, and you would need to do any trading at a predetermined time. However, in recent years, the advent of modern technology has allowed people to trade in numerous countries and exchanges virtually anywhere in the world. This has created more opportunities for trading at various times of the day, instead of just 9:30am-4pm EST.

There are certain benefits to being able to trade at various times, such as being able to react on proprietary information right away, and pulling out more quickly if you see a downward trend in the market. However, the bulk of trading is still done during workday hours on the East Coast. If these hours don’t work for you, you can consider trading after-hours, on another exchange, or in a different market.

Futures Markets:

Unlike stock exchanges,futures markets are open almost 24 hours a day, only closing for a period of about 15 minutes. Although they are almost always open, there are some nuances to good trading practices. Most importantly, it’s usually best to buy assets during the workday hours of the country they are from. That means that, if you are buying a futures contract for an asset in Australia, it’s best to trade during the workday in Australia, which would be the evening in the US. Many US-based futures traders trade on Asian and Australian markets.

Trading in a foreign market always poses risks. In any new market, it is important to do research, develop a strategy, and trade cautiously until you gain experience and confidence. It is also important to remember that markets in different countries have different regulations and customs. This makes research extremely important.

Forex (Foreign Exchange) Markets

Similar to the futures market, the Forex markets are open24 hours aday, all around the world.Forex is the largest and most liquid market in the world. This means that it’s relatively easy to find buyers or sellers for any currency pair and any time. However, similar to the futures market, it is recommended that you trade a currency pair during the workday hours of one of the currencies. This is because during the day, there are more traders and less volatility. Although volatility creates opportunities for traders, it also creates risk. Therefore, at least until you gain experience and confidence, it’s best to trade during less risky times of the day.


Ifyou work a day job and want to trade at night on the side, go for it!While markets tend to be more predictable during the day, it is definitely possible to be an effective trader at night. Be sure that you know which market, country, and exchange you are dealing with, and do your best to trade the assets of that associated country during their day time. Do your research, especially on differences in regulations and practices if you’re trading on an overseas market. Don’t feel pressured to have to trade full time to make a profit. Especially with the help of technology and real-time news, trading at night can be a good path to success.

Can I trade at night with my day job? Blog (2024)


Do day traders trade at night? ›

Overnight positions are not held by day traders but are quite common in foreign exchange and futures markets. Long-term investors naturally hold overnight positions on an ongoing basis.

Is it possible to day trade with a full-time job? ›

Day trading can be a challenging endeavor, especially for those who have a full-time job. However, with the right strategy and mindset, it is possible to day trade while working a full-time job.

How much money do day traders with $10,000 accounts make per day on average? ›

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

Can I trade at midnight? ›

At any time of the day or night, at least one of the three major currency markets – Asia, North America and Europe – is open for trading. The markets that are open overnight will depend on where you are located.

Why can't I trade at night? ›

There is no formal overnight trading in the forex market because the market is always open. Bonds have extended trading hours, and extended trading also applies to stocks between 4 a.m. and 9:30 a.m. ET (pre-market trading before the exchanges open), and between 4 p.m. (when the exchanges close) and 8 p.m. ET.

Can you trade 24 hours a day? ›

Typically brokers offering overnight trading open from Sunday 8 pm ET to Friday 8 pm ET – effectively 24 hour trading five days a week. The overnight session fills in the gap between the pre-market session, regular session and after-hours session: Pre-market trading: 4 am ET to 9:30 am ET.

What is the 3 5 7 rule in trading? ›

The strategy is very simple: count how many days, hours, or bars a run-up or a sell-off has transpired. Then on the third, fifth, or seventh bar, look for a bounce in the opposite direction. Too easy? Perhaps, but it's uncanny how often it happens.

How much money is enough to day trade? ›

The Financial Industry Regulatory Authority (FINRA) requires at least $25,000 in your brokerage account to allow day trading. Otherwise, the broker will restrict your trading ability. You may need more capital depending on how many trades you plan on making.

Which type of trading is most profitable? ›

The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.

Can you make $200 a day day trading? ›

A common approach for new day traders is to start with a goal of $200 per day and work up to $800-$1000 over time. Small winners are better than home runs because it forces you to stay on your plan and use discipline. Sure, you'll hit a big winner every now and then, but consistency is the real key to day trading.

Who are the most successful day traders? ›

Stock traders are also called speculators of the market as they tend to enter and exit in a short span. Traders can be individuals working on their own or professionals working for a financial company. The greatest three traders in the history of trading are George Soros, Michel Burry, and David Tepper.

Who made millions in day trading? ›

Steve Cohen. Steve Cohen's day trading tale is one of a kind. Being the most successful among day traders who made millions, he started as a poker player. His passion for day trading would lead him to develop abilities in day trading and intuitiveness.

Can I trade at 7pm? ›

These timings are also the same whether you want to trade on any of the two major stock exchanges in India, namely the BSE and the NSE. The regular market trading hours are from 09:15 AM and close at 03:30 PM. There's a pre-opening session before 09:15 AM and a post-closing session after 03:30 PM.

What is the best night trade? ›

Major forex pairs, such as EUR/USD (Euro/US dollar), USD/JPY (US dollar/Japanese yen), and GBP/USD (British pound/US dollar), remain attractive options for night trading due to their liquidity and stable price movements. As these are the most traded pairs in forex, many market participants favour them.

Can you trade at 2am? ›

Overnight trading is available 24 hours a day, every market day, by choosing an EXTO order type. EXTO orders expire at 8 p.m. ET each day. For example, an EXTO order placed at 2 a.m. ET Monday morning would be active immediately and remain active from then until 8 p.m. ET Monday night.

What time do most day traders trade? ›

The opening period (9:30 a.m. to 10:30 a.m. Eastern Time) is often one of the best hours of the day for day trading, offering the biggest moves in the shortest amount of time. A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off.

What are the best hours for day trading? ›

The best times to day trade

Day traders need liquidity and volatility, and the stock market offers those most frequently in the hours after it opens, from 9:30 a.m. to about noon ET, and then in the last hour of trading before the close at 4 p.m. ET.

What is the 11am rule in trading? ›

It is not a hard and fast rule, but rather a guideline that has been observed by many traders over the years. The logic behind this rule is that if the market has not reversed by 11 am EST, it is less likely to experience a significant trend reversal during the remainder of the trading day.

What is the best time for daily trading? ›

Trading at the Opening of the Market

Hence, this makes the time frame between 9:30 am to 10:30 am the ideal time to make trades. Intraday trading in the first few hours of the market opening has many benefits: – The first hour is usually the most volatile, providing ample opportunity to make the best trades of the day.


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