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    Transition to full time trader quitting school and work

    looks like a blast
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    Transition to full time trader quitting school and work

    I would still rather make 75k a year trading than make 150k working at financial firm. Im leaning towards graduating in June and finishing my CFA, then just keeping my part time job and trading until I have a 500k account before switching over. Or maybe just trade and work part time forever I...
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    Transition to full time trader quitting school and work

    Im in great shape and I have a standing desk.
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    Transition to full time trader quitting school and work

    I never said I was a day trader, some of my trades become day trades because the opportunity presented itself, but most trades are held for 2-4 days
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    Transition to full time trader quitting school and work

    The opportunity cost I will gave up if I make the transition is a 6 figure salary in the world of finance, but I found out that trading is my passion not working in some office doing boring spreadsheets all day. Also a full head of hair lol.
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    Transition to full time trader quitting school and work

    You mean fake money? I never used sim when starting out because of the fill rates with small cap stocks, I don't understand your question.
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    Transition to full time trader quitting school and work

    I never said, I am a superior trader. All I was asking is how other traders made the transition to full time.
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    Transition to full time trader quitting school and work

    No nothing like that, pretty much a boring momentum strategy, i just stuck by it for 2 years at the beginning and spending countless hours tweaking it and learning the individual characteristics of about 30 stocks. Like i said its more of an art from than a science. I just find that if you...
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    Transition to full time trader quitting school and work

    I hope your right then, my worry is that the market will drastically change, and make it almost impossible for retail traders in the futures.
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    Transition to full time trader quitting school and work

    Thx simples I try and reinvest close to 70% of my trading profits, i like trading and i don't really have to be glued to the screen, im always able to take some time off to go fishing, the gym, or play some golf as long as I have my phone or my I pad with me
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    Transition to full time trader quitting school and work

    Im always fearful or better yet overly cautious, about everything, but i guess you can say that helps in regards to trading.
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    Transition to full time trader quitting school and work

    Thx Birzos, Thankfully i don't think i have many "IYIs" in my life since only some close friends know about my trading.
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    Transition to full time trader quitting school and work

    These small companies are very weakly related to the market and I only trade Canadian companies in the TSX and TSX-V which has been in a bear market for some time now and my returns were not really affected
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    Transition to full time trader quitting school and work

    Thanks much appreciated, I already take a few trips a year and I always come back fresh and better. I'm just going to have to focus on building other income streams as a back up, or focus on another system.
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    Transition to full time trader quitting school and work

    Thats what I worry about, how do you know how much to save vs spend? or you just go about it like a regular job. I feel like I need to save all my profits for when that day comes.
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    Transition to full time trader quitting school and work

    Did you ever have to stop trading and go back to work because you were unable to stay profitable?
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    Transition to full time trader quitting school and work

    No lol i just opened this account yesterday, i would just like some advice of how you guys transitioned into full time traders from part time traders and how confident you were in your strategies before doing it.
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    Transition to full time trader quitting school and work

    These are penny stocks they trade quite differently, don't forget they are not marginable nor can you short them or scale up to a large position size. So making 40-50% a year on a these stocks isnt as impressive as someone making 18-25%/ year on a futures account or trading blue chip stocks...
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    Transition to full time trader quitting school and work

    Im sorry algofy its closer to 70% not 80% 18-20% are break even trades and the rest are losers and yes draw down is 2%
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    Transition to full time trader quitting school and work

    My Gf is doing her PHD in math here in Montreal so she helps me out a bit, all I have taken are some stats classes and the calc classes that were required. The only advantage to the stocks I trade is that they don't really correlate to the market especially the lower volume ones but this is a...
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