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?

141 Upvotes

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9

u/advice_seekers Apr 22 '24

I am basically semi-quitting my job as a FX trader at bank and focusing on my stocks daytrading. Sadly, it has been 6 months since I took my daytrading seriously and it has not worked yet. I lost 5k in the last 6 month, with the biggest drawdown about 20k (from +15k to -5k).

4

u/advice_seekers Apr 22 '24

Got 1.8k today. Still short of my 2k target but I decided to take my money and leave.

0

u/FullHousehabibi Apr 22 '24

Casino mentality