Going fulltime trading soon

Quote from RL8093:

If you guys are scared now, you will likely fill your pants & trade poorly as you give your money back. Being afraid of the mkt will keep you making poor decisions out of fear & desperation.

R

correct. Depending on trading to make your living is called "scared money." It is hard enough when you have a lot of money in the bank and a good job.

Leaving to "go fulltime" may cause a somewhat profitable part time trader to join the 95%.

For a lot of people, a decent job/benefits + part time trading will be a reasonable way to do this, since almost everyone who jumps in loses their money or barely breaks even, especially for the long haul.
 
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