๐Ÿ‘‰ I am a fulltime trader

Meaning trading is my main source of income

Here are some of my tips for those who want to leave their day job and want to make this their career:

Have a couple of years of consistent profitability before making the leap

You need to prove that you can survive different market conditions

Dont just quit after you have a few good months

You need a larger timeline to prove you can handle your own

Have plenty of savings

I can't stress the importance of this enough

In the past, I have said at least a year's worth of living expenses put away but recently you may have seen I recommend two

The more the better

This helps you trade from a stress-free place

You may be able to pull it off with just a year's savings but the point is you need that cushion

If rent is around the corner and you do not have that extra money in savings I'm telling you you will trade horribly

It will always be weighing on your mind

Have a large enough account

Get your account to the point where a 3-6% a month gain could easily cover your bills

So you will need to do the math to determine what that will be for you

Because we all have different lifestyles