Stock trading OTR

Discussion in 'Questions From New Drivers' started by nazgul, Jan 21, 2018.

  1. nazgul

    nazgul Bobtail Member

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    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?
     
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  3. KK416

    KK416 Bobtail Member

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    You have a 10 hour break each day
     
  4. Suspect Zero

    Suspect Zero Road Train Member

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    If they have to be during market hours don't count on it.
     
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  5. ZVar

    ZVar Road Train Member

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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.
  6. STexan

    STexan Road Train Member

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    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.
     
  7. Jazz1

    Jazz1 Road Train Member

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  8. tscottme

    tscottme Road Train Member

    Yes, but it may be with no warning and broken into 5-10 minute increments.
     
  9. gentleroger

    gentleroger Road Train Member

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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.
     
  10. not4hire

    not4hire Road Train Member

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    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 Regulations
     
  11. tscottme

    tscottme Road Train Member

    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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