While the study was conducted on entrepreneurs, I think the same applies to trading. I hear a lot of people want to jump into trading full-time. The most successful entrepreneurs(traders are entrepreneurs as well if you think about it) are the ones who kept their day job for YEARS until their business finally takes off as they scale up. Great lesson here with a bunch of rigorous research to back it up. Take heed padawans. ============================================= https://www.inc.com/melanie-curtin/...00-entrepreneurs-has-a-surprising-answer.html They looked at more than 5,000 people in the U.S. who became entrepreneurs during the 15-year period in question. The study participants were in their 20s, 30s, 40s, and 50s, and they started a wide variety of businesses. Regardless of industry, the researchers were seeking the answer to that age-old question: When starting a business, are you more successful if you keep or quit your day job? There was a pretty definitive answer: Those who kept their day jobs were 33 percent less likely to fail in their new venture. In other words, you're not just better off keeping your day job--you're way better off keeping it. Consider a few examples: Phil Knight spent five years selling his athletic shoes before leaving his full-time job in accounting. The company he started? Nike. Sara Blakely developed her idea for Spanx over the course of years, and kept her full-time job selling fax machines in the meantime. Forbes currently estimates Blakely's net worth at $1 billion. Markus Persson was a programmer who built video games on the side. He first put up Minecraft, unfinished, on a gaming portal. He kept his day job for a full year before committing to Minecraft full-time, eventually selling it to Microsoft for $2.5B Now pay attention to those timelines: All three of these massively successful entrepreneurs spent not just weeks or months at their day job while developing ideas into billion-dollar companies--they punched the clock for years while building their business on the side. Years.