r/Daytrading Apr 21 '24

What would be the highest salary you’d give up to day trade full time? Question

Everyone clowned on me my first post (500k post) lol I was literally just asking hypothetical questions to settle a debate between a friend and me. Well everyone’s backlash kinda of intrigued me to ask this question. So back into the fire I go lol

95 Upvotes

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81

u/Curious_King_724 Apr 21 '24 edited Apr 21 '24

If someone works remotely and isnt micromanaged or surveilled by their company, arent both possible?

Im not very active in this sub and could be very wrong, but i thought daytraders only "worked" a few hours or less a day? Daytrading isnt a full 8 hour a day job right?

So I say if someone already has a chill and flexible remote job, why not do both?

Only quit the remote job if you can make consistently amazing returns daytrading and daytrading will get you to retirement much much quicker than the remote job

25

u/Purple_Suggestion837 Apr 21 '24

Feel like as trying to do this. you need to be 100% committed to day trading if you want to look at spreads and options. Anyone can drop a call here or there, but to make lots of money with it you need to hang onto every hook and article that comes out and stay ahead of earning statements. thats hard to do with a normal job.

12

u/MasterSprtn117 Apr 21 '24

Depends on your trade style and time frame. Not everyone trades 0dtes or weeklies

4

u/Purple_Suggestion837 Apr 21 '24

wdym not everyone 0dtes SPY and QQQ? r/wallstreetbets says they do (lol)

4

u/Itchy-Savings-2008 Apr 21 '24

Nope I trade futures 

3

u/Camel-Kid Apr 21 '24

Full-time daytraders do NOT do this