Im a stocktrader on the side and im on my computer a few hours a day. Will i be able to have 2-3 hours off free time to work on my portfolio when working OTR?
Stock trading OTR
Discussion in 'Questions From New Drivers' started by nazgul, Jan 21, 2018.
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You have a 10 hour break each day
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If they have to be during market hours don't count on it.
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Never get in a wreck....
That 2-3 hours need to be logged as on-duty to be legal.CrappieJunkie Thanks this. -
You will typically have 10-14 hours a day "off" and sitting somewhere. Just depends on a lot of things from day to day how many hours it will be and what part of the day it will be.
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I spend some time daily playing in stockmarket daily. Much easier now with real time quotes regardless of whether you are using a computer or phone and not quite as time consuming if you have updates rolling on screen
Americanbulls - Technical analysis of stocks with candlesticks -
Yes, but it may be with no warning and broken into 5-10 minute increments.
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If you're doing medium range equity trades maybe. Short term trades - no. You need to be paying attention when the move starts and be able to pull the trigger when prices hit your mark. That's just not going to happen.
You can do both, but will not be particularly successful at either. -
No it doesn't, unless the driver is getting paid by someone else to do the trading. Making profits, or losses, when trading one's own account(s) does not qualify under the definition of "on-duty":
(9) Performing any compensated work for a person who is not a motor carrier.
eCFR — Code of Federal RegulationsSingingWolf, scottied67, Jazz1 and 1 other person Thank this. -
Even if you have a second job as a cashier at the North Pole, it counts against your 70 hours. I guess the question is if your "second-job" is for your own business does it count against your 70. Without research, I'm guessing it does count.
DOT Hours of Service (HOS) Rules - Frequently Asked Questions
If a driver takes a second job with a non-motor carrier, do those hours affect compliance with the hours-of-service rules?
Yes. Under 49 CFR §395.8(a), drivers must record their duty status for each 24 hour period, including all on-duty time. The definition of "on-duty time" in §395.2 includes "performing any compensated work for a person who is not a motor carrier." Therefore, all compensated work, whether for a motor carrier or not, must be included on the log as on-duty time and counted against the driver's available hours.
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