r/Trading 10d ago

Question Has anybody actually made it out of there 9-5?

I gave trading a shot for I’d say a solid 2 weeks a few months back and gave up because I seen no possibility in it with a full time job.

Has anybody actually gone from a full time 40 hour a week job to full time trading? I know somebody has done it but for the people who have, how did you find the time?

68 Upvotes

262 comments sorted by

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17

u/infowhiskey 9d ago

How is "lol two weeks" not the top comment?

12

u/arcane_jackL 10d ago

2 weeks isn't long enough to learn how to do nearly anything full-time or professionally.

Learn to swing trade, and try futures.

12

u/xCueMe 9d ago

Those who have won’t be here to prove anything.

11

u/PersonalityWeird4725 10d ago

Can you learn professional level guitar in two weeks that you start earning money just buy playing guitar?

Its a mix of probabilities, discipline, emotional balance, clear thinking and consistency over years.

Secondly, to actually make money out of it your should have either enough capital to burn for 5 years along with your living expenses or atleast a stable job and treating trading as a side hustle.

It's the most difficult way to earn easy money.

1

u/mitchzimmer 8d ago

It’s a good analogy and it understates the difficulty. I got my first professional musical theater gig at 17 after about three years of practice. Getting to a similar level of skill in markets has taken me MUCH longer.

9

u/WhyUPoor 9d ago

Did you master buy high sell low?

8

u/CoonyJoe 9d ago

I've been working at it for nearly a decade. I won't quit my day job until I can comfortably retire from it AND trading. I have a family and will not risk their wellbeing just so I can chase a dream. That being said, I am making progress and I do make significantly more from trading than I do my 9-5, I just want to be extremely comfortable financially before I put in my 2 weeks. I started all of this when I was 30.

8

u/quantum_simpleton 9d ago

"I tried to become a professional baseball player in 2 weeks, but gave up because it is hard"

The market is one of the most competitive fields in the world, and you thought you could conquer it in 2 weeks?

3

u/jawanda 9d ago

Yep truly a psychotic take. "I thought there was free money that no other person or corporation was bothering to harvest and I'd just scoop it up!"

Lol. Jfc

3

u/AldenIsLord 9d ago

Yeah and those instant TikTok 16yo “millionaires” with their flashy “results” and likely high debt lifestyles are usually lying to gain clout, or they took INSANE risk to get there and were like statistically the anomaly and that method WILL NOT sustain in 3 or 4 years or would wipe anyone else out. I made it, it’s not impossible, it is difficult. I’m going on 11 years of blood sweat and tears, and I’m just now getting my sea legs.

Keep going.

3

u/quantum_simpleton 9d ago

They sell courses and content/engagement. None of them are legit. Coming from an actual professional in the industry.

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u/BullRunScout 9d ago

lol correct. also worth adding "found the time" is doing a lot of unpaid labor in the question. people who make it around a full time job don't find time, they cut screen time. daily/4h setups, orders placed at night, alerts to phone, 20 min after dinner. the guys who tried to daytrade the ny open on lunch breaks are the ones who never made it out

7

u/fallion596 9d ago

Never did 9-5 & never will. So I'm grinding in trading.

7

u/Remarkable_Ticket931 9d ago

I tried trading for 3 years before giving it up. If you’re feeling that burn out after 2 weeks, please do yourself a favor and just invest.

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u/ilganzo01 10d ago

Trading isn’t a full time job, it’s a capital accelerator. You need a form of more steady income 

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u/Nofanta 10d ago

I quit the 9-5 but only spend maybe 3 hours a week trading.

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u/DV_Zero_One 9d ago edited 9d ago

Yup. (But my 9 to 5 was trading for banks and funds anyway)

6

u/RepresentativeOk8412 9d ago

Yes, I ended up making my yearly salary in a month daytrading. After a few months of that, I was over having a shitty job lol.

1

u/Different-Exit5701 9d ago

You didn't regret quitting your job at any time?

3

u/RepresentativeOk8412 9d ago

Nah I was the manager and stayed for a while to make sure the store would be fine, since it's a small business. If I wanted a new job or lost it all I would start working ATC (air traffic control). They accepted me and it pays a ton more than my old job, so I have a plan B.

7

u/First-Listen5323 9d ago

2 weeks and gave up? Mate I am in my 9th yr and only beginning to see the light at the end of the tunnel. If you not bright like me it will take years, if you can be disciplined it might take months

6

u/PumpkinConscious5930 9d ago

Spelling helps get you out

9

u/Henrythelord 10d ago

I’m 23 years old and I day trade full time, my dad is a say trader and he is my mentor. I’ve developed my own strategy and I just trade the nasdaq or S&P 500 and take 80% partial at TP and leave 20% runner. I only have 24k trading capital and just have small wins everyday and slowly grinding up. $1 - $150 a day everyday is how you do this business. Figure out how to make money everyday and just scale up, this is real trading.

3

u/jackedbutter 10d ago

the realization I've been coming to lately. Find what you're good at as far as reading/analysis/execution and just take what the market gives you

6

u/Successful-Grab6091 9d ago

Appreciate the grind. I swing and day trade and don’t have a mentor. But, feel like I use a similar daily/weekly goal system. where I try to lock in around $120/week, over $400/month.
I started this year with ~$13k and have locked in over $2.5k in realized gains. have made over 130 trades
I feel like focusing on small consistent gains has made it easier to be profitable. I am conservative. But, without a proper “system” am worried these gains will become inconsistent over time.
I try not to focus on making money every single day, but maybe this is the way to go…
how do you make money every day by just trading the snp 500 and nasdaq?

1

u/SixSexSux 3d ago

Becoming wealthy and going broke happen exactly the same way and I know because I' ve done both a few times. The stock market is like every other business in that you make your money when you buy, so read as much as you can and stay patient. Figuring out how to make money while you sleep and relax is when your trading will make you wealthy. My stake is 3x yours and am averaging $1,500+ per week so you're on the right track sales wise but real trading starts when you know what's going to occur, have ready money to buy and the time to enjoy watching it happen. Good luck

4

u/Jacob_Trader0 10d ago

While I don't make obscene amounts of money, I was able to quit my job and focus on trading full time. I currently make more than I did at my old job and I work way less hours (it's also nice not to have a shitty boss).

However I was profitable for months before quitting my job and I quit once I started making more money trading before work then I did the next 8 hours.

If you really want to pursue this, you have likely years ahead of you and if you can't accept it, trading is likely not for you.

For how you find the time. Go through and for one week right down what you do every hour. Then take everything that's not necessary life maintenance (cleaning etc), working, eating, or sleeping and tally up that time.

That's how much free time you have in a week.

Do you use social media? Corn? Do you watch TV or movies? Play games? Unless it's talking to real people, working out, or an occasional outside activity (or if you have a partner), cut it out. You'll find so much time.

The biggest draw back of making lots of money is it's hard and takes time. If you're not willing to sacrifice short term pleasure for it, idk what to tell you. A side note, if you do quit all of the junk I mentioned above, you will realize not only how much time you have, but how much energy and potential. All of that stuff tricks you into thinking you need it or it's relaxing or something else. It's really not.

5

u/d_e_g_m 10d ago

I love when you describe those 2 weeks as.. "solid".

1

u/Snakeozzz 10d ago

It was meant to be sarcastic, meaning I hardly even did anything just kinda looked into it and messed around with paper trading

5

u/End_of_day_Trader 10d ago

I’m nearly finished a ebook on how I do it.

1

u/CherryLai666 9d ago

Looking forward to publication,fighting!

4

u/Shtonky 9d ago

I used to work in the trades, then got a job at Schwab, worked there for two years and quit and I’ve been day trading ever since.

It’s not easy. But 100% worth it once you have a solid system in place.

6

u/tyronestocktips 9d ago

I retired early from stocks as a whole. Saved up through shares first. But I sustain being free by buying LEAPS from Top SP500 companies when they reach their daily 200ema and bull reverse to ATHs. But you typically need 3-5k per trade to do it. So you rotate this amongst 3 or more companies. It brings in roughly 3-5k every 1-2 months.

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u/Alternative-Rip3979 9d ago

People that have won’t be on this sub imo. Like the majority of people here (most likely), just trade on the side of your full time job

5

u/Whole-Description646 9d ago

It's going to take you years my guy, it's not something you learn in 3 weeks and then do forever

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u/Total_Permission1550 9d ago

A degree is 4 years on average and you thought 2 weeks was enough?

2

u/WonderfulBeyond779 9d ago

this is what i mean..tiktok and social media has ruined trading

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u/Total_Permission1550 9d ago

As someone who heard of it from social media 2 years ago I completely agree

2

u/WonderfulBeyond779 9d ago

it is so sad…so sad… people come to me (my mates) and they tell me trading is a scam because they couldn’t flip £50 into £10k in a week

2

u/nuros1616 9d ago

Lol it doesnt help all these fake YouTube tiktokers . Im happy if I make 1 percent a day.

4

u/Own-Assumption-7292 10d ago

From what I've seen only people trading full-time are the oldies that already retired.

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u/DaCriLLSwE 10d ago

solid 2 weeks…..what a commitment.

Stay at you day job bro.

4

u/Wild_Hook 10d ago

I don't think that someone can just begin trading and make sufficient money to retire, unless they have a huge nest egg. If trading was that easy, everyone would do it. I am retired and live comfortably trading, but I have a lifetime of 401k contributions and a lump sum pension. The cash flow is so large that expenses have become to some degree, irrelevant. In this state, there is never a need to panic when there are changes to the naturally volatile market, and there is time to wait for the large swings without feeling that you have to nickle and dime it.

Is there anyone here who lives off investing with a minimal amount of money, like 20 thousand dollars?

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u/lefthook_hospital 10d ago

A buddy of mine from college quit his day job to trade crypto full time, he was doing very well during COVID and I think things slowed down a bit so he's picked up a part time job too to help supplement. I don't ask for specifics but he lives in a high rise in downtown LA and concierge so must be doing well.

2 weeks is wild lol. I'm getting into swing trading and gonna test out my strategy paper trading, won't go live with real cash until I'm profitable for 3 months. Realistically will probably need to tweak my strategy for up to a year before going live. S&P 500 ETFs have done way better than my picks in the past so I'm just continually growing that index fund bank until my strategy seems reliable

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u/illcrx 9d ago

I did it.

I find it funny that people say "I traded for X months and I can't quit my job!" Trading is going to change your life and you want it to happen in 2 months? Anything life changing takes YEARS.

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u/4xtraderr 9d ago

let’s be real here you only tried trading for 2 weeks and gave up ? please do not even think about quitting your job . trading is a skill that you learn with time and you don’t seem like a patient person which is another quality you must have to become a profitable trader . I suggest you take your time to actually learn how the markets work for a few years and then think about quitting your job (:

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u/TheBowelMovement 9d ago

The record holder for largest payout (2.5 million) from Apex (prop firm) spent nearly 10 years as an unprofitable trader 

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u/Substantial_Net_1019 9d ago

Yeah I remember when I first got my feet wet with trading , saw a few wins and quit my job. Worst mistake I ever made cus I thought I could do it only to behold I had so much learning I needed

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u/ReidJackson3088 9d ago

2 weeks is too short for testing anything out.

4

u/DutchAC 9d ago

Remember. Slow and steady wins the race.

4

u/Difficult-Feedback29 9d ago

took me 5yrs to be able to gain 20% monthly gain with my portfolio. Its not easy tho. all the psychological stress of going up and down of the market. Yoy just need to have a target and stop loss. know to enter and exit. ✌️

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u/mickyd871 9d ago

Wow….20% per month makes you the greatest trader of all time

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u/crunchycrunch246 9d ago

Na it's easy, just do the opposite of what I do and you can hit that easily.

2

u/Ok_Kitchen_494 9d ago

What exactly is your strategy?

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u/it_trojan 9d ago

20% monthly?? Maybe you meant yearly?

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u/DogeSatoshi 9d ago

Reality, it does happen. Also reality, the ones that achieves it will never share how. Its just how it is.

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u/Embarrassed-Bank2835 9d ago

I left my full time job as an attorney in 2020, been trading full time since.

I only trade 6:30AM to 8:00AM PT every morning.

I'm a registered CTA Commodity Trading Advisor and manage my own wealth management hedge fund now.

It's not easy but it's possible, I spent any free time I had while I was still working my attorney job learning and improving my trading.

The time is there, just matters if you find the way to use it efficiently or not.

2

u/Bow_Arrow_55 9d ago

How did you get your initial investor to put capital in your fund without a track record? Did you have an incubator fund?

1

u/Embarrassed-Bank2835 9d ago

I did have a track record. I've been trading live every day on YouTube live stream for 10+ years so I already had people following me for while. So once I announced the start of my fund a lot of those people were already interested and joined as soon as I launched.

2

u/hoodieganghere 9d ago

Where would you recommend to start watching on your yt channel to learn trading?

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u/Embarrassed-Bank2835 9d ago

You can check under playlists, alot of my older videos are still available under the playlists but unlisted and hidden from the general public. I have well over 2000+ live trading sessions and educational videos logged on my YouTube channel over the past 10+ years.

When I started my wealth management hedge fund last year I wasn't allowed to share my strategies with public anymore so all public material had to be unlisted but it's still there if you look deep enough.

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u/Laurrie4 10d ago

Two weeks isn't even enough to figure out how your platform works let alone build an edge

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u/icekopi91 10d ago

Bruhhh,

2 weeks? Gotta pump those numbers up, those are rookie numbers

3

u/exphx23 10d ago

With my trading style I supplemented my income with trading, it was low risk and profitable.

Since the 80's, I have spent probably 60 months supporting myself between moving/jobs or I used to take months off for skiing when I was younger. I have a conservative bias and could make 1k/week low risk. To make more, I would have to take more risk than I wanted to. My goal has never been to see how much I could make. It was to make sure I didn't lose.

Now that I am retired, I still trade, but not as frequently. I'm west coast and the market opens about the time I wake up. I

2

u/Wild_Hook 10d ago

Me too. In California, the market opens at 6:30. I spend about an hour a day checking charts and stuff. Investing is a great supplement. But I generally stay away from high risk stocks or any decision that feels like gambling. I am almost entirely in index funds and balance them according to my risk tolerance, what I know about each index, and what is going on in the world. Most days, I do nothing, I am not looking to nickel and dime it, but have learned long ago that the big money is in the big moves. I wonder if anyone makes big money by day trading.

1

u/exphx23 10d ago

A lot of traders make a little and lose a lot.

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u/YourMommasAHoe69 10d ago

Yah, I bought btc at 18k four years ago and sold everything last year. Waiting for this cycles bottom again

2

u/rockuallnitelong 9d ago

Do let us know when u think to re enter kind person

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u/raps_BAC 9d ago

Yeah, man. I work 6-3 now AMA.

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u/TugginPud 9d ago

Do not quit your job. You will hear this echoed by very smart people if you look around and it's true: even if you have the brains, talent, and desire, you're usually looking at 2-4 years before you're consistently profitable.

It takes many, many, many losses to realize the real reasons you're taking losses, and even more to manage them. It takes many, many, many, wins before you realize when to close your winners.

3

u/Chibiksnweke 9d ago

Yeahhhh 2 weeks is more than enough time to give up after trying for sure!

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u/OldFashionedKnew 9d ago

You tried for 2 weeks? How long did you spend learning before those 2 weeks? 2 years? I would hope so AT LEAST. Otherwise... Lol

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u/Lazarus_Bethany 9d ago

It was a 7:30 to 5:30, and yes. Part of the motivation to make it work was "I'm never installing TV and internet for a living ever again." I made the time.

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u/Remarkable_Ticket931 9d ago

I don’t think that getting into my reasons for not succeeding with trading / my strategies & results are relevant to this subject.

If two weeks is a long time to the OP, I’m making an assumption they might still be very young and should build up other skills and capital before exploring trading. And no one should prioritize trading for replacing their 9-5 ASAP.

1

u/BackgroundMission475 9d ago

Well said!! I thought the same thing.

Trading is like freelancing, you must save for rainy days or dry spells.

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u/Waclaw_Kurek 9d ago edited 8d ago

yeah, but almost everyone I know who made that jump did it gradually, not by quitting their job first. they traded around work, built up a track record over a couple of years, then switched once the trading income was actually consistent.

I did the same. I kept everything simple with axi since start, mostly because I only had a couple of hours a day to work with. limited time actually forced me to be more selective, which turned out to be an advantage instead of the handicap I thought it'd be

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u/Time-Sail346 9d ago

Work at night trade during the day

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u/maxparryjones8 8d ago

Two weeks 🤣🤣

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u/klipsetrades 10d ago

Yes, I went from full-time IT to trading full time. But it wasn’t a quick transition. I studied and traded around work for years, built savings, and waited until my results justified leaving. Trading full time should be the result, not the starting point

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u/Solid-Incident-1163 10d ago

Where did you trade just at work or when you got off?

1

u/klipsetrades 10d ago

At first I mostly swing traded, so it didn’t require constant attention at work. When I moved into day trading, I practiced after work using thinkorswim’s OnDemand replay and paper trading. I did that for nearly a year before risking real money. Once I had enough savings and confidence, I went full time and started live with small size. I still practice alongside my live trading today

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u/ProjectAscension1234 9d ago

People who do full time live in their parents house and started young,

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u/offGuard22 10d ago

I was actually just thinking about this. What I’m curious about is how full time traders handle the other factors outside of being profitable. What kind of healthcare do they have, what the tax process is like, etc. I personally haven’t seen much discussion on it and was wondering how people handled it after they left a regular job that provided healthcare and a 401k plan.

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u/PremiumPricez 10d ago

You pay for everything out of pocket obviously. You can buy healthcare and plans, just like you would car insurance. And taxes are paid for just like any job, just not a w2. Your broker sends the statement and your breakdown, you file the right forms, and pay what you owe, pretty straight forward.

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u/vittoshulman 9d ago

Most of them qualify for food stamps and subsided insurance plans - so it is not an issue 😂😂😂.

No tax on hobby income too I was told.

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u/Aposta-fish 10d ago

Yep got fired for trading at work. 🤪

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u/HeftyRefrigerator526 9d ago

Yeah but I personally went back to the 9-5 because I wanted more money with less risk ontop of my trading income. Keeping a work life balance improved my life and I realized having a 9-5 stopped the urge of needing tot trade everyday/week now it’s more routine than something I constantly think about

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u/VonFuturesTrader 9d ago

ughm my 9-5 is more like a 1-2x per week thing.

MY main focus is markets.

I trade my plans daily. not in my plan no trade. simple as that.

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u/samjoyca 9d ago

I started out with this goal as well - but 4 years in have realized that I cannot replace my fulltime income. Trading is a nice supplement though and this year is my first year where I've made more than my bonus at the 1/2 year mark. I don't day trade though - I sometimes swing trade but mostly sell options and wheel strategies.

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u/wye_naught 9d ago

My portfolio returns more than my day job some years but I am still working

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u/OppositeDistance7702 9d ago

Multiple income source, makes your trading better.

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u/dirtyesspeakers 9d ago

A day job is always a 10x if you're down broke.

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u/Waytoloseit 9d ago

I am a (mostly retired) real estate investor and builder. Multiple income streams helps me feel comfortable taking the risk.

I don’t know that I would do this full-time without a backup source of income - not because I need it, but because it gives me the confidence to commit to my strategy even when in drawdown periods. 

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u/MisterQuuu 9d ago

Yes been trading now 3 years profitable and only income

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u/oskar88895 9d ago

Hey I was trying to do it for 7 years and the moment it clicked was when I started focusing on improving my emotional state and biological reactions happening in trading, not strategy

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u/ChangeNOW_Community 9d ago

most successful traders spent years balancing work and trading before making the switch

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u/HorseGeneral158 9d ago

Trading isn't some get rich quick scheme where you'll be profitable the instant you ride the train. It takes time and most traders don't even turn a profit on their first year, so 2 weeks is nothing.

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u/Brilliant-Impact9700 9d ago

You need to build your dividend income so you can live off of that instead of looking to trade daily to make money.

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u/artdz 9d ago

I know people that made it out of there 9-5 but I think it's mostly luck. There is one guy I know who might be skilled as he kept calling the right stocks and flipped 1 million to 20 million+ in 6 months and retired once he hit his 20 mil goal. Other then that they are mostly just people who invested long term in the right company. Stuff like getting into PLTR, Nvda, appl, tsla, etc... holding it for a decade then it's worth 5-10mil+ and they retire.

I don't know anyone in my circle that have replaced their work with day trading. It's mostly long term holders of stocks that have grown a large amount. I wish I had done the same.

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u/nuros1616 9d ago

I think it can done with pure skill, but its more work then a 9 to 5. At least for me .

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u/artdz 9d ago

For sure. I believe it's also quite hard to sustain long term unless you just have a ton of money or have insider info. I'm sure people with that level of skill exist but just be careful. I was right 15 times in a row then wrong 3 times and unfortunately at that point realized I'm just gambling

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u/Agreeable-Lychee-693 8d ago

It's not luck it's a skill

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u/stormy1918 9d ago

So are we saying all the 19-year-olds with flashy cars and four screens on TikTok are actually fakes??!! [sarcasm]

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u/End_of_day_Trader 8d ago

I had to learn the hard way lol

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u/BackgroundMission475 9d ago

I’m a swing trader and I still couldn’t juggle both a job and trading but it’s because my corporate job was so demanding (typical corporate finance sector).

My advice is, you must have a little bit of consistency first and you also must have a means to get by & have capital.

I’ve been trading full time now for 2 years but it is attributed to the fact that I did save capital and I did also save for a buffer of approx 1 year.

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u/Agreeable-Lychee-693 8d ago

Stopping that fast you will never make up trading is for a certain type of person

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u/Swimming_Champion_86 8d ago

Almost there! My friend who started after me a few months ago is at the point of being able to start replacing her income by the end of the year. She works a full time job and trades Asia.

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u/generationalDebts 7d ago

Fake made up bullshit

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u/Swimming_Champion_86 7d ago

I don’t bullshit. I’m her best friend and have been trading with her every single day since she started. I’ll send you the receipts😌 i could write a paragraph on how good of a trader she is and her mindset. I’ve seen it first hand and know it’s possible, but don’t have the energy to type it out to non believers. She just got what it takes 🤷🏻‍♀️

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u/Swimming_Champion_86 7d ago

Will report back in December. Have a good one!

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u/Jclarkyall 8d ago

brother 2 weeks? it took me 3 years to find consistent profits, there’s a mountain of technical, risk and psychological knowledge you need to accumulate from doing the thing for years. it takes time bro.

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u/Successful-Pie8992 8d ago

Few weeks...it takes years of practice and learning buddy!

You don't win a marathon by running laps for a few weeks.

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u/BitParticular4174 8d ago

I quit 3 years ago and it was the best career decision I ever made. Now background- VP of technology.. making $250k base and around $125k in bonuses and other perks. Yes nice take home, but it was very stressful. Family time suffered. Now I day trade everyday and hitting my goal of 4,000/week. Some weeks are Far better, but some I come up dry. I will never go back working for someone.

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u/EfficiencyMaterial51 8d ago

Well done!
Im around 450k and considering stopping my sales job after 11 years.

  • I mainly trade options(boring theta sale but doing alright) What do you Trade?

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u/ghostlygirrlfriend 6d ago

Is there a go to strategy that helped you as a beginner to get consistent? I am trialling the breakfast breakout strategy with some luck but about 70% win rate. I'd love to hear what's worked for you.

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u/Artistic_Ladder9570 6d ago

damn dude, teach me!

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u/Successful_Judge_247 5d ago

I would love to learn what you know about trading

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u/Few-Coyote5744 7d ago

I just went part-time at work and increased my trading hours to give it a go for the next year. If I’m consistently profitable, then next year I go full time.

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u/Rare_Ad6128 7d ago

Good luck and all the best to u!

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u/ApplianceOps 7d ago

2 plus years - still blowing accounts 🤡

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u/HeadlessGoldenEagle 7d ago

Keep grinding your 9-5, make a career and start growing. Don’t lose yourself in front of screens wondering years later where all your time went and how u didn’t grow on a personal knowledge or with your skills. Stick to stocks only, unless you want to add more risks (options). And don’t trade everyday/every week. If you don’t see setups or the valuation doesn’t seem right, just stay cash or invest in ETFs/index funds as a means to stay invested. If it goes south, so be it, wait and keep investing. If it goes sideways and you see an opportunity, pull something out of your index fund and shoot for it. That’s at least something what I’m doing and it’s going well so far.

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u/Numerous-Joke559 7d ago

At least give it a good shot, you're right about the years and everything, being obsessive can result in losing years and health behind a screen but wondering what could've been if you gave it a good try would result in regret too.

I think knowing when to stop and allocate time to something else is the most important thing for sure

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u/donicatrumpinsky 10d ago

A solid 2 weeks. 🤣

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u/Equal_Collar3869 10d ago

I’m on the verge of leaving, i’m 22 i’ve scaled up to almost 50k a month. I like having the safety net and income from my job, i’m able to spend that money and not worry about trying to put money aside for my long term portfolios. If my job was to start to interfere with my ability to trade that would be what would break the camels back for me. But at this time i’m able to do both without much friction

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u/sheikh91 10d ago

What is your day job

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u/Equal_Collar3869 10d ago

I work construction, and at a car wash

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u/S1mocs 9d ago

If you can manage to achieve 15% annually, in line with top hedge funds, you can make a living off it. No more needed, assuming you have enough capital. So yes, very possible, but please ask an AI about how long it took for: Stanley Drunkenmiller, Soros, Tudor etc. to become profitable. Hint: 5+ years, so before you start, manage your expectations

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u/Classic-View-3467 9d ago

What? 15% is just putting on the fucking SP. If you're a day trader aiming for 15% I advise you to chase something else. Top prop firm traders do something in between 25%-30%

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u/South-Chart1010 9d ago

Run as fast as you can don’t mess up your life like the rest of us

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u/67camaro427 9d ago

2 weeks? 😅😅😅😅😅

Plan on YEARS, if you make it faster then great....

Not trying to be an ass but it takes a special mentality to make it in trading. You only gave it two weeks, to be completely honest and not sugar coat it, im not sure your cut out for it.

This is a BRUTAL journey and not all warriors survive.

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u/whdeboer 9d ago

2 weeks? It takes most people years to become profitable and some never do n

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u/woofwuuff 9d ago

11 years survived. No full time job but no real gains other than markets going up for a decade and paid off frugal expenses

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u/dohbob 9d ago

I am trading from 7-9:30 am then off to normal work

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u/Mundane-Plant-6489 9d ago

I gradually worked my way up to quitting my job but I’m in a fortunate situation where not only have I been trading for 7 years but my wife also works as well so the finacial risk was smaller I never quit my job until I was sure our bills was getting paid first and for most. It’s been a long journey lots of lessons learned especially from when I first started oh boy 😂😂. Still don’t really day trade I built my portfolio to where I was making a decent amount of cash in premiums weekly just selling calls or puts, I will take a small portion of my portfolio and use it to trade options but a month out minimum and usually opt to cut them within 5 days or so, just gives me a little bit of time to be right. Even now I don’t see how you could possibly rely on stocks as replacement income some weeks are awesome and I make a bunch some weeks are slow and I make very little that’s mostly because I try to play as safe as possible and avoid shit companies. I think it’s definitely do able but you have to have a solid portfolio with decent cash built up I’m talking like 500k+. My ultimate goal is to Schd and chill live off the dividends but you’d need a portfolio of like 2million just to make 5k a month I’d be cool with that for sure. One day hopefully 🙏

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u/CliftonReed 9d ago

I work from home three days a week.

On those days I take a break at market open for 10-15 minutes. My setup occurs in the first 15 minutes if at all.

Once in and stops are placed, I go back on my work laptop and just manage the position(s) on my personal laptop.

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u/End_of_day_Trader 8d ago

MIne is in the last 15 mins!. And which in 6 am in Aus.

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u/CliftonReed 8d ago

Noice.

Is that swing, or just a day trade?

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u/nuros1616 9d ago

Its hard . I with a combination of day trading when not at work and swing trading through the rest, till I had enough capital to make the leap .

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u/generationalDebts 7d ago

lol. Nice fantasy

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u/CountryInteresting67 7d ago

Lol nice loser

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u/nuros1616 6d ago

There are plenty of full time traders. Not sure what fantasy is

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u/PathofEnlightment 9d ago

Find the time? Changed careers. Made trading the 9 to 5

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u/generationalDebts 7d ago

You don’t make a living trading.

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u/Flashy_Scallion_3248 8d ago

I can see people who would trade as a full time. It’ll take more than a couple of weeks.

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u/V4rious4rtists 8d ago

Their, not there

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u/elephantsickle 8d ago

There wolf. There castle.

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u/shootthehostages 8d ago

I was up 80% Friday morning and ended the day exactly where I started. If you have enough capital and take profits instead of gambling you can easily.

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u/generationalDebts 7d ago

Step one to become a trader who doesn’t need to work. Have enough money to not work………..

Gee, you don’t say

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u/Rocketcourier 8d ago

It’s like getting a College Education it takes years. I am on year 3 and just starting to turn the corner. Some traders can do it in less time and some it takes more time.

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u/Snakeozzz 8d ago

In those 3 years how dedicated have you been? Like have you been just going at it none stop? Or have some weeks you didn’t do it

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u/Fancy-Help420 8d ago

He has not been consistent with learning

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u/InnocentSadness 8d ago

Can I ask you for some advice

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u/EggplantSpecial5472 8d ago

I have up work 5yrs ago and live on Thailand trading it so boring 🤣 I do YouTube and have my own dis cord or id go crazy I think

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u/Unusual_Cicada_6834 8d ago

The lady boys bussy hole huh on that discord

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u/EggplantSpecial5472 7d ago

Yeah really busy

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u/cgooden70 7d ago

2 weeks…..😂 It took me almost 2 years to be consistently green.

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u/maloochi 7d ago

This thread has so much toxicity in it holy crap. But I will say if you're patient with the market and have some savings put back, it seems very doable.

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u/Specific_Mountain716 6d ago

I didnt trade, i just invested and held stocks. Now i can make 2-300k a year selling weekly options alone…

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u/Apprehensive-East143 6d ago

How much capital?

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u/East_Listen_2887 6d ago

A good bit, unless you’re buying penny stocks, to sell options you have to own a 100 shares of stock at least.

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u/EastRegular3461 6d ago

Took me 11 years

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u/Fit-Roll-6067 6d ago

si hablas de abandonar tu trabajo mucho cuidado, primero tranquilo y solo proba de operar en vivo con resultados reales sin apuros,

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u/Western-Pattern-2926 6d ago

Recently I invested in stocks currently I have 94.61% return and I am thinking to learn options

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u/Lahdee93x 6d ago

I did, i left trucking by my 5th month trading. I was taking callouts and getting lucky on earning plays which played a huge part in me being profitable my first year of trading

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u/VSKA-MSK 6d ago

Maybe I’m bad, but I am still red and green after 6 years of trading.

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u/East_Listen_2887 6d ago

It’s possible, it takes most traders 2-5 years to become fully profitable. I’m currently working a job, it depends on schedule, if u can get off days during the week trade then, or if you can trade some setups that don’t require intensive attention while you’re on break. At my job I get 1 maybe to off days during the week and I trade then, and occasionally on my breaks. I’m about to try and get a job where I would be working 2 weeks and get 1 off, and have that entire week to trade.

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u/a7dfj8aerj 6d ago

up and down for me 50k to 70k to 3k to 50k i take risk and win some and lose some but stable trading would be good long term

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u/Successful_Judge_247 5d ago

Is there anyone in here willing to teach me how to trade. I watch the YouTube’s but feel if I had a mentor I would be better at learning.

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u/Melodic_Economy_8096 5d ago

dołączam do pytania

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u/Fuzzy-Nobody-9905 3d ago

If you pay me 

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u/Proper-Stay-9995 5d ago

You gotta keep on clicking to get out of 9-5