Can I Use Trading Alerts While Working a Day Job?
By Bruno Nalon · · 3 min read
Yes - most people who use trading alerts have a full-time job. The question is not whether you can, but which kind of trading fits around your work without hurting either one. With multi-week strategies, alerts that come to you, and the option to place orders outside market hours, part-time trading is realistic on a few minutes a day.
What kind of trading fits a day job
Day trading does not fit a day job: it needs you watching the screen when prices move. Strategies that last weeks are different. Defined-risk options trades such as bull put spreads, bear call spreads, iron condors, cash secured puts and covered calls typically run 21 to 45 days, and time decay works in your favor while you are at work.
Because the max loss of a spread is known before you enter, a sudden move during a meeting cannot cost you more than you already accepted. That is the property that makes part-time trading workable.
How much time it really takes
A realistic weekly time budget for part-time options trading with alerts looks like this:
| Task | When | Time |
|---|---|---|
| Review new signals | Morning, lunch break or evening | About 5 minutes |
| Place or skip orders | Lunch break, or after the close as pending orders | About 5 minutes |
| Check open positions | Once a day | 2-3 minutes |
| Weekly review and trade journal | Weekend | 15-20 minutes |
That adds up to roughly an hour a week. If trading starts taking much more than that, it is usually a sign of too many positions or too many alerts, not a sign that you need to work harder.
Placing orders outside market hours
You do not need to be free during market hours to act on an alert. Outside market hours, you can place orders that stay pending and start working when the next market session opens. Use a limit order so the trade only fills at a price you accept, because opening prices can move.
On EasyTrade's Diamond plan, you can send the signal to tastytrade directly after the market closes. Every signal also stays in your dashboard and email digest, so you can review it in the evening instead of reacting to a notification at your desk.
Managing open positions without leaving your desk
Set one price alert in your broker's app near each short strike and ignore the position until it fires. Add calendar reminders for 21 days to expiration, when many traders review or close spreads, and for the final week, when assignment risk grows.
If you would rather not handle closing at all, Diamond automatically closes spreads and iron condors that are still open at 5 days to expiration for linked tastytrade accounts.
Check your employer's rules first
Some employers - especially banks, brokers, asset managers and public companies - restrict personal trading, require pre-approval, or ban trading certain stocks. If you work in finance or have access to non-public information, read your company's personal trading policy before you start.
Also keep trading off work time and work devices. Placing orders from a company laptop or during paid hours can break workplace rules even when the trading itself is allowed.
Size for a busy life
When you cannot react in real time, position size is your main safety net. Keep each trade's max risk well within what you can lose without stress - EasyTrade suggests less than 20% of your capital per trade - and hold fewer positions than you think you can handle.
Start with one strategy and two or three open trades. Once the routine feels effortless for a few weeks, add more. A part-time process that runs smoothly beats a bigger one that keeps pulling you out of meetings.
See a real signal for yourself
Every EasyTrade signal shows the max risk, max profit, EasyScore and a step-by-step execution guide before you trade. Try it free for 30 days - no credit card required.
Frequently asked questions
Keep reading
- How to Get Trading Alerts Without Staring at Charts All Day
- What's the Best Way to Set Up Trading Alerts?
- How Many Trading Alerts Should You Follow?
- What Happens When a Bull Put Spread Expires In the Money
- Options strategy guides
