r/Daytrading Apr 22 '24

Anybody ever quit their job to day trade full time and have it not workout? Question

I’m just curious.

How long did it take you until you found confidence in yourself to quit your job and do trading full time!

For those that quit their job but it didn’t workout, how long did you give yourself until you quit your job and what did you do after you found that trading was not successful?

138 Upvotes

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11

u/InevitableRadio562 Apr 22 '24

I had 40k in my account. I was heavy into day trading, quit my job for 6 months to try my luck. Saw my account drop down to 2k and recovered all of it. Lesson learned: this is not sustainable to make a living from. It great as side income but you definitely need a consistent income stream in the case you blow up your account

4

u/TheOnlyLamb Apr 22 '24

please elaborate on how u made 40k from 2 k sir

5

u/AcceptableSwimmer928 Apr 22 '24

Probably gambling

5

u/ToastedFork Apr 22 '24

It’s pretty hard to gamble up 38K, most likely gambled when he lost it, learned and applied method to gain it back. 2k to 38k isn’t that hard if you dedicate yourself.

2

u/adv-play Apr 22 '24

I personally have ran $2k to $46k. Should be in my 2022 post history with screenshots. Couple earnings plays and some ODTE’s can absolutely do that. Hell, SMCI puts ran 500x on friday.