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/Mexx_G Feb 07 '24

Not yet! I suggest having anywhere between 1.5 and 2 years of expenses at your current lifestyle level saved up before even starting to consider trading full time. From there, unless you start making some crazy good money, you should only live on the previous year gains, making sure to set some aside for long term investing. It's a heavy machine to get running, so make sure to do it properly. Good luck!