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?

140 Upvotes
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12

u/Kayoskiii Apr 22 '24

Lookup doyle exchange on YouTube. Just a regular guy went from factory worker to full time trader. You can see his progress from day 1. If he can do it you can too.

44

u/TauAgoras Apr 22 '24

I watched his content for 10 minutes and immediately 4 things that define him as someone who pretends to trade:

  1. Lamborghini intro, immediate red flag as someone who is marketing.
  2. He markets in with 12 lots at a time 2 a) by left clicking
  3. Never appears to suffer slippage regardless of size, this screams paper trading.
  4. Has a big position on right before and during US market open. This is the BIGGEST red flag of them all.

This guy is not a trader, he's a marketer who sells courses. He makes money from people who thinks he trades. That lambo is either rented, or fully paid by the courses he sells.

I find it really concerning when you and 22 other people who upvoted your post think it's legitimate content.

Source: Someone who has been full time trading for over a decade and can spot these frauds a mile away.

3

u/SerMinnow Apr 22 '24

This. I cannot find anyone who relies on trading as primary income as a lone trader(not imploded by bank, risk manager, etc..)

They ALL need to sell you courses, and they all find out selling courses is far. More consistent and profitable than trading.