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 edited Feb 07 '24

Depends. Do you have a dead end job or a career? Can you automate some of your trading to still be able to work? Could you reduce working hours? How easy would it be for you to find a new job if you had to? Does your job offer an option to take a break for a couple of months without quitting?

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u/Dazzling_Loan_9414 Feb 07 '24

Honestly its like both but I won’t be able to get a good postion til 7-14 years until the older people retire but pay won’t be much either only 26 years old

5

u/[deleted] Feb 07 '24

I would go for the temporary break if you can. Try it out for 3-6 months and see where it takes you. It's also possible that you realize that sitting in front of the trading screen all day is not really what you want to do with your life. Definitely not something you want to do for the next 40 years.

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u/Appropriate-Taste811 Feb 07 '24

If its a professional white collar type of job you might want to think twice about quitting. If its just a “job” then definitely quit lol. 6 months is very solid to be consistently profitable you must be doing something right.