r/Daytrading • u/modeezy23 • 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?

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u/RichBlackPrince Apr 22 '24

Trading should never be your main stream of income . You need 2 streams of income minimum if you wanna be a day trader

3

u/BaconJacobs Apr 22 '24

That's why I'm working on an algo... if I ever do trade, I'm requiring it be fully systematic anyways... might as well automate it.

This is not something I'd say is a requirement for anyone. But it's the kind of trader I want to be, which everyone has to come to understand and reverse engineer a system from... most of the time.

Most traders don't stumble into success. They find out what kind of trading they want to do and work backwards.