You want to be a slave and poor forever ? Than go to work and have a job. But if you want to be free and have a chance to get really rich then you should trading full-time. Only if you have a lot of debts or even more debts than assets then you should not do that until you have a good net worth as starting capital for trading. Also cut down all not required expenses so you can overcome any periods with no income from trading. I bet for sure, that this will be one of your best decisions in your life. Go and be a full-time trader.
great advice... I actually have another side gig that is bringing in enough to cover my monthly expenses, and it is fun. no there is no option on the full time job to go part time
thank you .. I agree, since creating this post I had a birthday, I am now 56,,,if I do not go for when will I .
UPDATE: first off, wow I did not expect this big of a response. I am sure that many traders dream of being full time like me. I failed to mention that I have a side business of selling windsurf/surf/wing gear. That is making enough to cover my monthly expenses and I love it, it is fun. I had a birthday on Jan 9,56 years old. I just have to do this. Maybe I crash and burn, but maybe I make it.
I'm retired for several years now and spend 90% of my daylight hours trading related and love it to bits, 7 days a week. Currently 3:50am, and on ET.
Have you made 1-2K a day on 50K since Dec 27th when you posted this ? 21 trading days means you should have made $21-42K in profits as proof of concept. Reality is always the best test to people's theories that tend to be overly optimistic and don't take into account the unpredictability of markets. Did you have an "sizeable edge in day trading" ( your concept not mine ) ? Or are your expectations unreasonable as I suspect ?