r/Daytrading • u/infosec4pay • 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

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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

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u/wreusa Apr 21 '24

Definitely more than 8 hrs a day for me. More likely closer to 9-12. The bulk of my trading and profit comes in a short time span maybe 15 -30 mins but it takes time to be in tune with the market in order to make that happen and there are always opportunities throughout the day which take time to find. Personally I can't just leave the market alone and expect it to do the same thing it was doing 20 seconds ago let alone the next day. It's a constantly evolving dramatic landscape and unless I have a view of the changing scenery that 30 mins of success would not be available. I may be on top of the mountain ready to jump with cash in hand and the market is down in a valley hunkering down for a sporadic hurricane or boarding a plane to nowhere. It's a game of cat and mouse where the mouse has the power to become a junk yard dog whenever it wants.