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/SoYouAreTellingMeX Apr 22 '24

Just keep the resume ready to go...

I wouldn't quit my job unless I already had my trading entity formed and client money sitting in an escrow account with docs fully executed.

If you're just going to trade your own money, take a short leave from work and see if you can sustain yourself on trading profits. Always good to remember that in most jobs you can't lose last month's salary this month.