Should I day-trade full-time???

Quote from Dtrader2223:

I currently work full-time as a mid-level manager and I am essentially doing daytrading all day long. I trade on the Canadian markets and do about 30-40 trades per day and I am doing quite well ($250,000+ per year on trades alone). Financially I could easily quit my job and trade full-time but I am concerned that I may regret the decision. I fear that I may feel very isolated and couped up if I trade from home all day long.

As a positive if I trade full-time I will be able to spend more time with my 2 kids (aged 6 and 8), have less stress and have more freedom to travel whenever I want. I would also basically be my own boss and not have to worry about reporting to anyone.

Does anyone have any similar experiences that worked out well? Any experiences not work out well? If I do quit and decide I want to go back to working for whatever reason I doubt I will be able to do what I am doing now (trading all day) as I do have a pretty unique setup going now at work which allows me to do all of this trading.

Any and all feedback would be appreciated.

Thanks,

Brian
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i would suggest a compromise. would it be possible to work this job half-time? then you could try before you buy, so to speak. see how being at home a lot and trading from home works for you. also, it would give you the opportunity to buy some time and see that your trading continues to be successful.

i would also ask yourself the following: do you have what it takes to succeed in a bear market? how long have you been making the 250k at daytrading? if it's been at least 5 years, in both bull and bear markets, i'd say you may be ready to trade full-time. otherwise, not. despite this fact, however, i would still see if i could do the same job half-time with this company. most employers are pretty rigid, but sometimes they surprise you.
 
sorry, i hadn't read about the 18 months and the penny stocks. now that i have, i would say, wait at least another year. but still, if you are dead set on trading full-time from home, you might want to see if your employer would let you go part-time (two weeks on, two weeks off, for example).
 
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