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Not to sound like a mommy, but are you sure it's the best time to trade given your situation? Do you have a plan-b in case your down streak continues?

Bstay, You couldn't have said it better. No matter what I say to mom about trading, she still thinks it's a form of gambling. I keep telling her it's not so much gambling if you have an edge. Eh, she doesn't understand the concept and still think I'm just lucky, because I did not have any...

I'll be atleast $140k in the hole after law school. It doesn't help that there are too many damn lawyers out there right now. lol. I figure if I don't do try this now, I won't be able to try again for atleast 10 years.

Kastro, My mom would do anything for me. She was initially against loaning me the money, but I think she wanted to satisfy my urge to try at the trade. I think thought that I was going to be out in a few months, but instead, I came out desiring to be a trader even more. As for actual...

Donna, Ive been getting a lot from my lawyer friends about advising me NOT to go to law school. Im just afraid of dropping $120k-$130k into something and later find out that I hate it. What a waste of money that would be. My logic is to try trading first, which I enjoy and if it pans out to...

Thanks again for all the replies. As far as my parents paying for my education... they did not as they cannot afford it. Right now, Im around 70k in the hole with student loans. This is not saying my parents did not help. They did what they could. As for finishing school, I did graduate...

Thanks for all the response guys! Is it a bad sign that my parents are very against it? I think they are against it for the wrong reasons though. They feel that I dropped $120k in education for nothing and that "anyone" can just be a trader. Pssssh. How long did you guys trade before you...

This has been on my mind a lot recently. I am seriously considering taking the plunge and becoming a full-time daytrader. My gains have been modest, but atleast I'm still in the black. I am having difficulty understanding why I want to become a daytrader. The money can be nice and the action can...