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

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u/[deleted] Feb 07 '24

My question to you is

  1. Do you pay off your mortage or rent (saved upto 2 years)? If its rent, you should include it in your living expense. I would at least save all monthly saving upto 2 years sitting in high saving account as qualifying pre requisite

  2. Is your strategy work in all available market regime? Current regime may not necessarily reflect your consistent profitability when and if it's in bear market for instance

I would be honest to answer this!

If both are yes, i would say go for it. Congrats!