I don't think it's any different from a person who takes out a business loan to start a restaurant. Also, I have more then 1k in my checking account.
Trying to transition from full time job to trading. Having trouble with discipline.
- Thread starter jinxu
- Start date
A quick update.
I got greedy and try to experiment with the hare method and end up losing a lot of money. Not a big amount compared to my total capital but a good amount percentage wise. I wanted easy quick money but the risk got me with this method.
Going to focus on the tortoise method. It takes a lot of patience with this method which I have problems with. Hopefully it will work out in the end.
I'm setting a month date to quit my job. Exploring other options. I talked about trying to get fired instead so I can collect unemployment benefits. Which I will need as additional capital for emergency just in case.
If anyone can help pitch in. I think the best method to get fired is attendance and still be eligible for unemployment?
I got greedy and try to experiment with the hare method and end up losing a lot of money. Not a big amount compared to my total capital but a good amount percentage wise. I wanted easy quick money but the risk got me with this method.
Going to focus on the tortoise method. It takes a lot of patience with this method which I have problems with. Hopefully it will work out in the end.
I'm setting a month date to quit my job. Exploring other options. I talked about trying to get fired instead so I can collect unemployment benefits. Which I will need as additional capital for emergency just in case.
If anyone can help pitch in. I think the best method to get fired is attendance and still be eligible for unemployment?
If you want help getting fired, I kind of need to know what you do for a living. I do posses some experience on this matter.
Is this a salary job, hourly job, part-time or full-time and does it give you health/medical/dental benefits ?
How long you've been working at that job ?
Also, seems familiar that in the past (several years ago) I believe you stated you had some top method with high percentage winners and there was also an issue about quitting your job. What happen to that method performance ?
If I got a donut for every time someone either told to quit trying to learn how to day trade or quitting my job or hiring people to program/trade or going to automation or soon be walking away from manual trading, I have more donuts than Dunkin in any given day. If you have it in your heart to do so, then do it. More people don't have the guts to take chances especially on this forum, if you finances gets small then you know to get a job. For me I needed a great deal more in the bank as I have often gotten ill from various problems, so I needed more for backup, but if you are healthy and younger, give it a shot.
Slow makes more money for most than fast, slow has built this country one brick at a time. The slower it is, usually more consistent, like making money in spreads, half the time you have to force yourself to keep tabs on them as they do nothing then all of a sudden BAMM something spikes and you doing your happy dance.
Best to take chances when younger cause you won't be younger forever.
But in very least, don't burn bridges and have a backup plan if it doesn't work as expected. Always leave a job with notice, cause if employer is happy and one day you need a job, he might hire you back.
You believe in Karma? don't get unemployment cause you want to follow your dream, that is disgraceful approach.
Good luck.
Slow makes more money for most than fast, slow has built this country one brick at a time. The slower it is, usually more consistent, like making money in spreads, half the time you have to force yourself to keep tabs on them as they do nothing then all of a sudden BAMM something spikes and you doing your happy dance.
Best to take chances when younger cause you won't be younger forever.
But in very least, don't burn bridges and have a backup plan if it doesn't work as expected. Always leave a job with notice, cause if employer is happy and one day you need a job, he might hire you back.
You believe in Karma? don't get unemployment cause you want to follow your dream, that is disgraceful approach.
Good luck.
If you get fired for attendance, the employer can successfully block your getting unemployment.
i did not read whole tread but i can imagine how it developed
here is my 2 cents:
show me a trader with discipline problem and I will show you the trader without a working method
so fuck the tortoise, and all other systems u have at hand - none of them works (at least for you)
you can leave your job now , or later - dose not matter.. you will lose money because u have no working method (and you have no discipline problem)
you can leave the job and spend your time developing the method , but some one should support you unless you are rich
by the the time you will develop working method (if u will develop it) the so called discipline problem will disappear (because it never was)...
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that's the only way
i agree that its stupid, since as they say better go about than fall into the ditch.
this is business for those who voluntarily want to fall into the ditch
and never to get out of it
who said that, Kennedy?: "We are not going to the Moon because it's easy, we are going to the Moon because it's hard !"
same here: the guy wants to go to the Mon but have a problem: no spaceship...
he has to build it
i do not see how he can build it working full time...
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Trading is trading, whether you're doing it on the tick chart, daily, or weekly. He wants to do the cowboy thing and get into the casino when he should be pulling back and swing trading while he figures out all the psych issues.