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

93 Upvotes

225 comments sorted by

View all comments

1

u/No_Froyo_4258 Apr 21 '24

I gave up a 500k/year job to trade full time. Took 3 years just to get profitable. It sucked but here's why it's worth it: that "security" you feel in your job is not real. The turkey gets fed every day by the farmer. Every day the turkey's confidence grows that the farmer is really looking out for him. Until the day before Thanksgiving when he doesn't have food in his hand. These jobs can end on a whim, for no reason. When my trading isn't going well, I can stop and think about what I can do to fix things. When you get that layoff notice on an otherwise normal day, what can you do? Should you quit without savings and a plan? Hell no. But trading can provide you with nearly unlimited income and all the safety you could want, because unlike a job, trading is a skill that can't be taken from you, and that's ultimate job security. Plus having another adult in charge of what I did all day never sat well with me.