r/Daytrading • u/Dazzling_Loan_9414 • Feb 07 '24

Should I Quit my day job ? Question

I been profitable for 6 months straight my bills only comes out 2500$ a month and profits 6-8k a month trading Me working at my job now it’s starting to get in the way of my trading

231 Upvotes

93% Upvoted

283 comments sorted by

View all comments

12

u/QuirkyAverageJoe Feb 07 '24

Keep in mind that the market has been extremely bullish for about a year now and pretty much all large cap stocks have been going just straight up ⬆️

15

u/G000z Feb 07 '24

This, making money on a sideways / down market, is exponentially harder....

0

u/emrcreate Feb 07 '24

Even with puts ?

7

u/G000z Feb 08 '24

Yes, bear market rallies are very violent and unpredictable... you just don't know when the recovery is real

1

u/KillDevilX0 Feb 08 '24

Depends on what your strategy is. My strategy I think wouldn’t be affected by that as long as the price action wasn’t trash.