remember one thing....do not measure success in terms of dollars....measure it in terms of knowledge. if you believe there is risk in trading, then what the hell are you doing here....throwing dice? i never believed markets are risky.......the risk in markets... in everything ....is ignorance and misunderstanding. my aim was always to understand markets ....not control risk which i never believed existed
And you still have a day job. Unless you start with a very large account, very few can quit their jobs after 6-12 months (or maybe ever) to trade full time. You might escape the cubicle faster if you start a service business (designing websites, photographer, etc.). That way you can get cash flow almost immediately. But steady cash flow is never guaranteed in trading, despite some option vendors promising "monthly income."
No, I quit my day job a long time ago to start trading, first part time + part time consulting and then from 2010, full time.
What instruments have you traded since 2010? What annual % gain do you need to make to pay all of your expenses?
2010 - 2013: First day trade, but quickly changed to swing trade stocks. 2013 - present: options. We practice living below our means since we started working years ago. Still live a very simple life, not much expenses to speak of comparatively speaking.
is there any other kind? the time you take to achieve your objective depends on the level of proficiency you want to reach. and i wanted 100% win rate it took me 12 years
You dropped your best mentors. You just don't know it. If let's say you did find a successful mentor, how motivated will he be to teach you if he knows that you dropped out of school? Number one rule: you start, you finish. I am not saying that school is for everyone, but in an age that most human are replaced with machines and soon AI, you better think fast if you have enough strengths to make it without formal education.