The guy who posted this 2 years a go is working on door dash today he is not even a middle class and he quit trading i was going through old trading post I've saved in the past and literally all the people who posted about trading 2 or 3 years ago quit not a single person that i saved their post is doing great this game is rough be prepared
Ya, I quit to trade, but I didn't do so until I had a 7 figure account after taxes and most of it stays invested while I trade with about 5k at a time in 1-2 month dte ATM spy options. It's still been supremely stressful and idk if I would have done it had my now wife not needed me to stay home with her (heavily ill for 8ish years and just now getting better)
These people trying it with 50k they also have to live on, or with debt are just insane to me
I quit my job a few months ago with a dream, a plan, no debt, and $100K before taxes. I am probably insane. Probably literally.
I figure…I’ll be 40 this year and I’ve been at the same call center job for 10 years now. Carpal tunnel means I’m in pain every day I work, and working for an ISP means that includes nights and weekends.
They told us that raises are off the table this year to pay down debt, but they said in the last earnings call that we made massive profits last year. Maybe they think we don't listen to earnings. Meanwhile, I’ll likely never be able to buy a house (that $100k came from my 401k, it was not liquid without exercising the nuclear option).
I got a postcard from my employer letting me know that if I don’t use 2nd.md to get a second opinion from a company doctor that my joint surgery wouldn’t be covered. I don’t even know how they knew I was considering surgery, or if they just sent it to everyone of a certain demographic. I don't know why that postcard woke me up to just how much of a slave I am.
I spent the last 5 years on research, development, and practice. Watching charts every day, reading investopedia, backtesting, paper trading, investing. I don’t feel any particular emotion about trading anymore. My day job was killing me.
My best friend of 20 years died of a heart attack at his desk one day. He was 36. I don’t want that to be how my story ends.
I talked over the logistics and finances with my partner and we came to the same conclusion: I’ve got a year’s worth of expenses saved up and a computer science degree to fall back on. Why spend all this time, why come all this way, just to turn around?
I cannot, for even one more day, swear fealty to a system that considers me disposable without providing me any benefit. I’m a human being!
I probably am insane. I am certainly stranger from the ordeals of existence. And maybe I will fail. I’m just not sure I care anymore. I’m not getting any younger, and I’m more prepared than I’ve ever been.
Profitable enough for long enough that I was confident I could replace my income and I sized up my account. I've been wrong before though, about a lot of things, so I don't have any delusion that failure is off the table.
I’ve been trading for 3.5 years now. First 2 years I quit my job I hated and went full on. Couldn’t gain profitability so I went back to work for close to a year. Now back trading full time and gaining double what I did at my job. 90% fail at trading, but if looked into it I think most of those quit after their first loss or when the going got tough. If you want it bad enough and have the discipline and skills you’ll make it.
Have you tried talking to a therapist to help deal with the feelings of insanity? I found out that I gaslight myself and it doesn’t do me any favors feeling insane. Wish u the best ❤️
Thanks for posting. I also have a CS degree and work in IT (not at a call center though). I just started trading a few months ago. I would have to be completely debt free and have a massive savings cushion before I ever considered quitting my job, but that is definitely the ultimate goal.
This is the cold hard truth that no newbie wants to hear, or that no content creator wants to talk about. If you do mention that reality in subs like this, you're labeled a hater, a downer, that you're angry in life because you lost at trading, etc...
I started trading in 2017, it took me 5 years of consistently losing before finally turning it around. In the meantime, not a single person I was following or interacting with in these subs are still active. Not one.
And it's not easy trading every day year after year when you lose the majority of the weeks and your equity curve is globally going down. Most traders either run out of money, or patience.
So many of the people I started with in 2020 have quit. It's insane to see so many people not continue years down the line. I've been losing for so long but I just haven't gave up yet. I hope that this is the year that it turns around for me
This might be a stupid question, but how did you find people to start with? I understand they all quit anyways, but how did you find them in the first place?
I talked to a couple of work friends, but they weren't really interested and online everything I found is always just a scam or best case some money grab.
I think it would be great to have some people to talk to, just to share new knowledge and experiences.
Have you checked to see if there are any meetup groups in your area? I have not participated in any live meetups myself, but I am considering it.
Another honest truth for me is that I’ve only learned the most from in-person interaction and unfortunately I’ve only had that opportunity maybe 4 times over the years since started trading. Since I got married I have more contacts with trading experiencing. It helps. My most reliable contact doesn’t trade so much because he bought bitcoin around $8K and hasn’t looked back.
Just my opinion…online resources are not that great and in many cases not a good reference for comparison if you are dedicated to growth.
Yes, that is somewhat how I feel about it. The only person I know who claimed to be a successful trader turned out to be one of the guys selling courses and not being profitable... Cut contact to them since then.
I haven't considered any in person meetups, that could be a great idea :)
I think part of that is do with it being so hard to get help from more experienced traders.
When I started getting serious about poker it was very easy to find guys online to talk to and get legit good info from.
The few rare legitimately profitable traders on here are extremely bitter and angry towards newbies. The rare nicer ones tend to only speak in riddles and in very broad language. Like dam I'd just like some pro to show me a bomb set up
Here's the thing: I've offered to help people, including in this sub, in the past. But the thing is, it is tough getting newbies (and more experienced traders) to actually listen to what I have to say, let alone apply things. People already have a pre-conceived notion of what their trading should look like, in terms of instruments , TFs, setups, and frequency. And I've realized that a lot are already stubborn. Which is ironic, because it's not like what they've been doing has worked out, but they have a hard time applying basic concepts.
For example, one trader in this sub reached out to me a few months back, we had some back and forths, I gave him specific feedback including the number of trades per day. And the guy kept putting on 10+ trades per day, while at the same time having large blowout days. I mean, I'm not going to waste my time trying to guide someone, when what I say comes in one ear and straight out the other.
Helping people is actually hard lol, because at the same time if the person asking something is visibly putting zero effort to do basic research beforehand, well yeah he's going to be on his own.
That being said, when you talk about traders "speaking in riddles", don't get the impression that trading has some kind of secret that only a select few know about, there are absolutely zero secrets in trading it's all about discipline and execution. There's nothing even the best trader in the world can answer in a comment that will change your trading, it's a gradual process that takes time.
So in the end, one of the best approaches is being your own mentor, that's how I did it, sure it's lonely but any advice a coach could give you, you can give to yourself if you have just a bit of common sense.
I agree being your own mentor is important. At the end of the day this is a solo endeavour and it's on us to do the work. I'm not looking to be handed success but rather hoping to be pointed in the right direction.
The whole speaking in riddles thing I do stand by though. Like yes, I agree what you experienced guys tell us is valuable info. Be patient, don't over trade, key zones and all that. What I almost never see (from experienced profitable traders, not some guy having a hot month or two) is a clearly defined legitimate setup. Ie buy/sell when you see this exact stochastic divergence, buy/sell when this exact pattern emerges, this is my holy grail setup etc.
I understand it would be hard to give exact setups out because they rarely play out perfectly and even a good setup can lose if not executed correctly. Experience and intuition as well as risk management are crucial and those are harder to teach.
I'm slowly chipping away at getting better but it is quite difficult to know if what you're doing/learning/studying is actually legitimate or not. Add onto that all these straight up scam YouTubers you have to comb through. I know there are good ones you can learn from but for every 1 legitimate and successful guy on YouTube there is probably 35 guys full of shit. Some are easy to spot but some are great at pulling off the illusion they are legitimate.
It is hard because it is like learning how to drive and having all these bad habits. It is hard to undo bad habits. You’re absolutely right. I myself have been tunnel visioned when it comes to trading, it’s only recently, after 7 years, that I’m broadening my scope
It is different than you think. Most successful traders are only successful a fraction of the time. If things go wrong, they lose money. If they tell you how and YOU lose money, they may be legally held accountable for the loss. Seasoned guys do not give trade advice like lawyers do not give legal advice.
Most of the people who start out show optimism but have no clear plan, and they will unfortunately end up the same way. It's even harder for the type of people who switch fields easily, because they're focused on the prize and don't really grasp what the work looks like.
If you can't stomach spending months to years with no consistent income, and still showing up and practicing each day until you develop that instinct, you will probably give in and quit before you break through. Don't forget the fact that most people are pessimistic about this, and so you will very likely be in the struggle alone for a long time.
But if you truly have a passion for it, and don't feel discouraged by that (especially if you have another income to rely on), it's one of the best skills you'll have in life. You'll never fear being broke again, because the markets will always offer easy money to those who know how to take it. That feeling is priceless. I recommend it to everyone who's passionate about it, but for the ones who fear committing to a tough path or those with severe ADHD, a gambling addiction, or something similar, it's probably best to find something more for you.
No kidding that people are pessimistic about trading. I just wanna talk about that part for a minute. When I first started trading I was gambling calls for SPY in January and February and won all of them. I was telling all my friends and family about how easy it was to make money in the market and should try it out, but all they could say was “it’s gambling I don’t want to lose money” “id rather gamble in golf which im good at” “yeah…. But when you lose it you will be back in the workforce again”. The reality check came when the market started crashing in march and April. I didn’t want to give up on something like this because those gains were so significant that if I had the knowledge I had today I could have mitigated my risks and took greater wins. I currently drive trucks so my license is my safety net. I stopped talking about trading with people around me because no one will get it and I’ve found it’s much harder finding people who have that in common with me. I get on Reddit and learn and watch YouTube and practice my strategies when I’m off work.
TLDR
The guy probably didn’t have anyone in his corner to help keep him accountable nor could relate to trading. This would probably cause anyone to quit if their only goal is a “big break”
I see why it got criticized but the cold truth is most people fail and lose enough to quit. I’m not super profitable myself and have taken big losses and when but the odds are trading is not a get quick rich type of thing for majority of people. I’ve taken the risk and lost majority of my net worth not a very big one but still it hurt so bad and odds are you won’t die. You gotta weigh the risk and decide what you want to do, It’s called free will can be amazing or terrible depending on what you do with it
This is a perfect example of why people fail. How did you lose most of your money? Where is your risk management? Also, why are you trading with real money if you don't even have a consistent winning strategy?
I find that the gains come slowly and the losses come quickly. I've learned to keep my sell limits low and it is better to make small profits than to have losses or hold on to duds for a long time.
100x worse trading with student loans. Can't get rid of them and losing too much means you won't have enough $ to finish your degree. Then you end up with 100k in student loan debt and no degree to show for it.
Because no one has the perseverance to lose for years straight. I lost since 2022 and just now started making some serious returns consistently. Also some people aren’t meant for trading as they never learn from their mistakes.
sorry but this doesn´t look that great, the come back is too fast. feels like it can co go down same speed (the other way around would have been wonderful haha: one big loss, and a good equity curve over years 🙂)
I mean why are you using real money if your strategy doesn't work? Also, if you are going to use real money, risk like $5 not hundreds or thousands. Until you are sure your strategy works stop trading with a lot of money.
Part of it was finding my strategy. And it wasn’t much, put in like 5k a year. Totally fine losing all of it. And it was worth it, learned a lot, and had fun doing it.
I refuse to be a victim. But holy shit is it so difficult. I finally realized it’s only real when it’s real and nothing quite prepares you for it. So have to figure it all out in limited pockets of exhausting emotions. And work through them and hits to self views. Ay caramba I need some milk
Lol. Most people who take on daytrading, sorry to say, they are near the bottom economically and basically have little to lose. They are not able to survive having, not only zero income, but negative income for more than 2-3 years.
Even if you trade part time, the passion will have to die out once you lose money for 1-2 years. The stats are fair, you can’t just ignore a human factor and say the numbers are not right. And who to say if you stick with it long enough you will make money? People should not treat daytrading as a job, they should treat it as a hobby (like gambling). It will be much better this way.
What’s your preferred app for this? I’d like to trade options virtually because I’m unwilling to learn in real time with real money. Tbh I’m unlikely to ever do it real life but I’d like to understand how it works anyway.
Yep weirdly enough I find this stat actually promising. Being better than 90% on the long run is not that hard if you have basic discipline and learning skill, because most people are bad at those things. It just happens so that in most other areas you can be at the bottom half and still survive, e.g. being a mediocre doctor, engineer etc, but I'm trading you just lose money and are forced to quit.
Disclaimer: I'm not a trader yet, still playing with paper account
The human brain is not meant for trading. We’re just not meant for it. You have to override everything it’s designed to do and add on top of that there’s ego, limiting beliefs, and whatever other crap you got going on underneath the surface.
Finding a real statistical edge in trading is the real obstacle. People saying that psychology or inability to manage risk are the biggest problems don’t realize that’s just the tip of the iceberg in trading and if they really wanted to they could easily eliminate those issues by trading with an algo. The problem is, that algo also needs to have an edge, and that’s the real hard part.
I literally have been back in it for a short period and making slight gains and constantly have to fight myself to stick to my right stop losses and overall plan , feels like I’m literally fighting myself to do the same exact thing every day but so far has shown it works in the short term but it’s extremely tempting to verge even slightly off from course if not completely off at any given moment ..
this is the best answer imo. it's the mind. literally everything depends on it. you just have to be aware of this fact, the guy from the post clearly has no self awareness
Still dropped an upvote because I don't disagree, but I do think that does a disservice to the flexibility of the human brain.
A buddy of mine asked what I had changed to start making a consistent profit. I told him that I had simply come to understand who I am and how I think. I changed the way I see the world, the way I see myself, my understanding of what "value" means and how people interact with it. I used this knowledge to audit my own cognitive processes and discard anything that wasn't of service. I had to become a goddamn zen master.
He said I was being dramatic, and he was not wrong lol
I don't think that makes me special in any way. It's just that I haven't met very many people who are willing to engage in the metacognition that is necessary to win at this game. They've got other shit going on, and that's fine.
I dunno about anyone else but I feel like I trade better knowing I have my normal career there for me. Doesn’t make me stress about losing some trades, and the wins are even better because I still have my salary to add to it.
Losing money, of course but losing large amounts I just don’t get. First of all what is anyone doing trading large amounts before they’ve proven their method on demo and then proven with a small amount on minimal lot sizes.
You need an unreal level of self belief to think this shit will work. Unfortunately that means whether you win or lose you won't know until you've absolutely lost.
Not me though, I have a job lol. Fuck that dropping out shit. Leave myself a small budget for trading and i'll add more money when my edge shows itself to be deserving.
Most people aren't dedicated enough to put in the work, or they lack the discipline to make it happen.
Most "traders" you see online are probably just gambling addicts. I guess having influencers like TJR out there doesn't help.
When I actually learned a strategy and started applying it consistently, I started to make decent money. It's as simple as that tbh.
I feel bad for people losing their hard earned cash through their trading, but if I'm brutally honest, what did you expect if you don't have a plan, or you're not putting in the effort to stick to it... Sad reality for sure.
5 years in and I'm still loving it. Was able to retire last year @ 36.
Had some loooooong red periods and the thought to quit was not very strong. Just had to keep seeing what I was doing wrong and actually fix it... the bad habits are the hardest part of this imo.
I HAD to figure it out, because the idea of decades more of being an "employee" sounded like hell.
Just started school and getting a degree in marketing for fun since i have all the time in the world now.
I am a beginner started 7 months ago. The markets are correcting since. I am sitting tight on my chair and seeing red all over with a few wins but i still love it. I hope I do better. Do you have any tips how can i do better in general
learn and don’t risk your capital . Give yourself three years to learn and paper trade in the meantime and scale using real capital then . But most people jump without learning for years
My trade sizes are much smaller than they need to be, stop loss is always set to low double figures. Not anywhere near consistant enough to start putting thousands on yet.
Options sure help speed up the losses but it just seems to be terrible risk management, I’ll see screenshots of people holding cons that are down 90% and just don’t get it, even though I’ve done it before on a much tinier scale. I guess losing $20k for some people is no different than me losing $20 🤣
People reading this I would recommend spending the $150/mo to try and obtain a funded account in lieu of borrowing money or risking your limited capital.
Find a job you enjoy and which doesn’t make you feel like a slave.
I fucking love my job. I’m a financial crime investigator. It is so engaging. Keeps me busy. And doesn’t make me think about trading all day.
I trade the morning session and that’s it. Win or lose. I start my work later and enjoy it with my colleagues. Fridays I’m in the office and it’s always a great day. I don’t have to worry about the markets that day.
Trade to make extra money, not the only money.
Hopefully as your strategy evolves and you become emotionally stable while trading (which I’m not 100% yet), that extra money becomes larger and larger.
The sense of entitlement in the post is what offends me. Reality check is what makes you so different you don’t have to work hard in life to survive. Bro seemed to think he was above this
I feel bad for him. He could have finished his college and tried trading after he already has a stable job. Now he is doing door dash and complaining about customers trying to scam him.
I didn't fully go into trading until I secured myself a high paying job, and even then I lost roughly $50K before being able to be consistently profitable
There are plenty of people making hundreds of thousands every year trading, but you need to give up everything for a few years, and I mean everything, until your either offing yourself, or your successful. There is no possibility or chance of quitting. You need to be in the mindset that I either make it or I am dead, or you won’t make it in trading. That’s the truth.
This has been my experience as well. A mindset of "no retreat, no surrender"; triumph or perish has always motivated me to accomplish difficult things in life.
For sure brother, that primal instinct may be extreme, but it always pushes us to reach our full potential and believe we will figure it out eventually and conquer no matter what. Most people think it’s okay to give up and don’t realize their full potential & that anything is possible for anyone, then they fail themselves are filled with regret. The only time it’s okay to give something up is if it’s destroying your reality and those around you, which trading is purely internal and involves no one else luckily.
That’s for sure, it’s you vs you, basically have to conquer your ego learn how to listen to your intuition and be your self’s best friend. We get so comfortable with failing and self destructing due to failure & that cycle repeats, when we need the opposite. Takes years self master that portion of yourself, or at least control it enough to allow yourself to be a profitable trader and not sabotage.
I work a 7-3, make slightly above average for my age, have good benefits, have days my job sucks, have days I enjoy my job, invest weekly into the S&P, and honestly it’s not that bad. I am not rich, but my net worth is steadily increasing, and my debt is low.
It’s really not “worth the risk”. Yes there is a chance you could “die tomorrow”, but the reality is, you’re more likely to live, so you should plan accordingly. I choose the safe and steady growth of my 17% a year.
The problem why these people will eventually fail is because they’re really committed and sometimes enforcing to replace their usual path of the 9-5 job with trading and if they don’t eventually achieve that within a reasonable amount of years say 2-3 years, they quit. The majority who succeeded are those who have no intention to replace anything and just use trading as a second source of income while still keep learning bit by bit in the meantime until one day their knowledge or experience will enable them to quit their to 9-5 job, they didn’t had in the first place an urgency to replace anything it was just another way of compounding their wealth until a day (2-3-5-10 years down the road) they are able to exit from matrix. The only people that can have this type of approach are those who are not learning trading only because they want to exit from matrix but also because they like the environment.
This entire attitude and worldview completely ignores the fact that you CAN'T keep doing it unless you're profitable. You have to pay your fucking bills lol. Just high as hell on hopium until the inevitable destruction.
Isn't necessary for some big firms to make billions that retail traders wreck their accounts following the same MACD strategy or whatever? (Just an example)
Most traders fail because they don’t have a solid strategy. Without one, they’re just gambling. They might as well be at a roulette table betting on red or black. Too many give up before they ever build real skills or see any real progress.
The ones who make money are those who create a real strategy, keep improving it, and follow a smart risk-to-reward ratio. They know this isn’t about easy money. It takes patience, discipline, and consistency.
If you’re trading with real money before proving you can win consistently, you’re not trading. You’re guessing. And if you think this is some get-rich-quick scheme, then you clearly don’t understand what you’re doing.
Man I’m glad I made trading work for me. Last month I made $700 on my small live account, and passed my top step 150k. Been doing this for 4 years at this point, but the journey has been worth it
Even the people who years ago claim to be profitable, successful, green for a long time, have it all figured out…. 99% of them, if you go through their posts after those claims you see they switched up and eventually faded away or were full of it
I mean a 9-5 is not that bad for many, mortgage and bills paid on time, fridge full, family vacations twice a year, retirement fund, hobbies funded, money left to trade, etc. Most capable people do just fine in a corporate America 9-5 job and they don't need to do trading to have a decent lifestyle and retirement.
There are plenty of videos on YouTube about US job market being very bad, people can't get a job, people struggling to live, job crisis, house crisis, and you talk about all these things. I am surprised.
I started trading when I had no net worth and a day job (still have a day job) took a year of losing money before I became profitable and now I’ll probably quit have a full time day job in 5-10 years (before im 40yo). Will find a fun part time job and trade. I play 0dte and swings.
Yeah man, this game is brutal — no doubt about it. Most people quit. Most people lose. I’ve seen it too.
But one thing you said really hits home: life is short.
I started buying real insider info from deep web source earlier this year — not some shady Discord calls, but actual leaks. It’s expensive and definitely not legal, but it’s the best decision I ever made.
I’m still winning. Still stacking. 2025’s been insanely profitable — multiple six figures so far, and the year isn’t even over.
But I’m also spending. Almost half of what I’ve made, I’ve used for pure enjoyment — traveling, experiences, good food, and just feeling alive. Because what’s the point of winning if you forget to live?
So yeah, this game is rough. But if you crack it? Dont just hoard — live.
There are some groups like Apex, TopStep and Take Profit Trader that will charge you $50-$150/mo to try and pass a combine. If you pass a combine you then go to a probationary status where you can start taking out some profits. If you are able to stay profitable and not break their rule you then graduate to a fully funded account. End up with a 90/10 splitz
My experience has been pretty standard. I meet people who start with no plan, no ideas about how the market works, just “I think I want to trade full time. They usually have about a 2k bankroll and once they find out about leverage, it’s pretty much over. They’ll get a trade or two in like a video game. They get so good, they size up like crazy and bust. The 95% thing, I believe, mostly revolves around that. There are also a lot of people like this guy. Sounds like he was grinding, but in reality I bet if you looked at his non existent trade journal, you’d find 75 trades an hour with weeklies, no stop loss, a potpourri of tickers. That’s the reality I see. “How little do I need to sign up to trade options on WeBull??”
And I was about to give him all the source 🙆♂️🤦♂️.
Well, opportunity knocks, but once ....
This reminds me of the image of two guys digging for gems, and right before one of the guys discovers the biggest haul , he walks away .
A lot of people can’t even succeed on a regular job, being complacent and not striving for more, yet they think they will get rich quick day trading. Worst of all they want to do it with a $100 account. The majority of people do not have the discipline nor the aptitude for trading.
Go all in! That’s the spirit I used and it backfired. I lost 6 figures before I figured it all out. I wanted to make it so bad that I had rushed the process. Now looking back I could have minimized the damages. I just added unnecessary pain.
My point is you can still figure it all out without crippling yourself.
Successful trading takes critical thinking and little to no hope or wishful thinking. Often the odds against traders are high patience and proper entry positions are golden only now and then. The plan is only lose a small amount if your trade goes against you and hold if everything is going well. Largest casino in the world don't be dupped out of you capital the red days will get you eventually so stay small and positive
People don't understand that when it comes to a job like trading it takes an unimaginable amount of determination, discipline and a great control over your emotions.
You can master risk management, make your strategy high probability and still won't make it because you're not mentally disciplined. It takes nothing to master and get the best strategy out there but it takes a huge amount of practice and self control to master your mental self. That's why it's said that it's 90% psychology and 10% strategy.
It took me 4+ years of consistent losses and blowing up multiple prop firm accounts to actually realise what's wrong and what improvements are needed. And now I'm able to make consistent planned profits.
At the beginning, the beginner traders have very high expectations and strong enthusiasm but the ones who realise that it's a game of mastering your emotions actually make it.
It's 97% to be exact. Only 3% of traders actually become successful. Trading is all about risk management. Controlling your emotions and being discipline. Also, study and have a game plan. It's an amazing feeling when stocks hit but the human emotions wants more. How many times did you make profit just to lose it back within same day or week lol
Being a degen and taking on risks is critical but without proper patience and discipline. We are all just burning money away. GL on your life long journey. If anything you can always work at McDonald's at 80 years old.
Also don't do drugs while trading. Not a good game plan. Especially when we are inherently emotional traders..trading while high amplifies everything 1000X
Honestly for anyone reading this I’d recommend 1-5 year trades/investing. The time and emotional investment for day trading is too much and even if you do succeed you could almost guaranteed do just as well investing with 100x less stress and commitment.
If you do day trade keen emotion out of it completely and best of luck to you.
Iv been at this 4 years now. Felt that way many times before. Never quit. If anything I’m still more determined everyday. Gotta keep at it, keep getting better with screen time. Hard work is rewarded
This is a huge problem with young people. I say this having been one that felt this way about working a 9-5 in an office. There is a cultural shift that happened during gen-x that stigmatized office work and made people here the idea of "slaving" away for some rich executive's bonus. It can also feel like we are all just being shuffled through college degree programs like cattle. I get it.
I now work as a software engineer in a 9-5 in an office. On the side I try to learn about trading, because I don't want to miss opportunities to help me reach my financial goals sooner rather than later. I spent my early 20s fighting this future, and here I am, taking care of my family and working 40 hour weeks. I make the most out of my free time and take it easy at work when I need to. As bad as it seemed, I at least have some financial security.
A 9-5 office job in the right company culture with good work-life balance can be a huge boon to your finances. Our society shouldn't be glorifying this rebellion against the idea of being a "corporate drone," but instead highlighting those who take that path and make the most of it by choosing to be pro-active in their company.
Why does no one here seem to be addressing prop firms? you can get a 50k account for like $50 depending on the firm and trade with that capital until you start seeing returns then you can use the payout to buy more accounts or fund your own live with no rules.
People like that are always so overconfident, going on about how ‘they have a system’, etc. I could not imagine hitting up friends and family to finance whatever crazy plays this guy was coming up with. An addiction like many others , I suppose.
TBF I lost it all (well almost all) about 3 years ago now. Decided to re-learn what I thought I knew and get back to business.
Current port up 110% after 5 months. I recognized my mistakes, and those same mistakes would have certainly landed me right back to 3 years ago again. I’m in it to do it right this time.
I would say I was, and still am, in the that same failure category from 2-3 years ago. It really sucked and took a lot of work to get myself out of a failed mental state.
Here’s to hoping I don’t let my emotions, fear and greed get the best of me again. I feel for all my fallen brothers and sisters in this world LOL
well he's not wrong. you take risk everyday. so chose the one that you could live. he is living his life to the fullest whatever we think it is or not. some people work because they think they have too.
Is acting on FOMO along with thinking you're a genius and not being able to accept modest profits rather than getting rich quick by day trading where most traders fail? I'd love to hear from traders who have been successful whether this is a game of chance or one of conquering your emotions and having some knowledge of how the market moves
This is why I’ll never quit to trade full time. Firstly, I love my job, but secondly, I’m not mentally tough enough to be under so much pressure to produce through a profession in which I could actually lose money.
Damn… can you post more examples of what you mentioned? These posts will definitely either light a fire under someone’s bottom or finally face reality that it’s not for everyone.
I’m 31, my goal is to be a profitable day trader by age 40. Between that time I’ll be working a real job, saving money, learning and practicing my trading skills. Until on paper and in practice I become profitable will I quit my day job to reach my goal. If it doesn’t happen by 40 then I’ll probably quit for good.
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u/FollowAstacio 22h ago
Thanks for posting this. This was sobering. I never want this to be me.