The Part-Time Trader: Trading Stock as a Part-Time Venture, + Website

CHAPTER 7

Your Best Friend Is the Person Who Works in IT

Much of what you can accomplish, what you can do, and the strategy you can employ as a trader will be centered around what your information technology (IT) department will let you do. For some companies this might be an entire department under Human Resources, and for others, it will be a stand-alone department.

■ Know How Your IT Department Works

The bigger the company, the more prominent this department will be. A small company will likely be run by only one or two people and be combined with Human Resources and some other similar departments. My experience in Corporate America wrapped it into Human Resources and a couple of other departments as well.

Along those same lines, the smaller the company, the less complicated and intricate the IT department is. Large companies have unbelievable amounts of resources dedicated to monitoring their systems, implementing software, and assuring that their servers remain up and running.

Regardless of the company size, it is very likely that the company has a system in place for monitoring their resources and how they are being used. You have to be careful about this. It is likely that you will never get down to the full extent of what kind of oversight that they employ on their resources.

This is why I am so passionate about being a solid employee. You do not have to save the world, just meet the expectations of the job before you as you try to trade your way out of workforce. Your ...