Quit job for full time trading

Trading and job

  • I quit my job for trading and that has been a good decision

    Votes: 41 44.6%
  • I regret quitting my job

    Votes: 21 22.8%
  • I balance trading with job perfectly

    Votes: 30 32.6%

  • Total voters
    92
Well I assume you can always easily get another job.
So not quitting your job and trying out a trading lifestyle is possibly a large opportunity cost.
That said you can minimize risk by having enough money in the bank to support your living expenses while trading and for long enough to find another job should that prove necessary - say six months or a year?
How would losing 50% of your trading capital affect this picture?
 

bashasm

Well-Known Member
Well I assume you can always easily get another job.
So not quitting your job and trying out a trading lifestyle is possibly a large opportunity cost.
That said you can minimize risk by having enough money in the bank to support your living expenses while trading and for long enough to find another job should that prove necessary - say six months or a year?
How would losing 50% of your trading capital affect this picture?
You are right sir
Having job gives you more chances to succeed in trading, as you have a backup
 
On the one hand, of course, it is very convenient when there is more time to devote yourself to trading, but, on the other hand, you must have a certain supply of funds for subsistence.
 

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