Time to start this X journey!
Sharing my journey to financial independence. Trading full time since 2020. Took me 2 years to become profitable.
Hopefully I can help some newer traders shorten their learning curve aswell!
Why work a 9-5 just to make someone else rich? Instead, you could be sitting on your own staring at the market all day, risking your own money with no guarantee of making any, with no health care and no pension plan. It’s cool. I love it so much. Cheers.
The amount of extra pressure I put on myself from trading for a living (and convincing my wife to quit her job) was nuts. Trying to grow an account while constantly drawing down to pay your living expenses for a family puts a lot of pressure on you to make money right NOW. It is too easy to force trades out of a desire to make money which creates more drawdown and even more pressure to perform.
I would highly recommend working a job and trading a fraction of your networth when starting out to reduce the emotional strain and over time as you gain more experience/confidence add more cash to your account.
After years of consistent performance then you could consider quitting the job to focus purely on trading.
@FranVezz@AsymTrading One challenge into this matter with and EOD approach is that many stocks will already have reached their average ADR Are you accepting an larger SL with this approach and not as picky with catching the stocks early in their ADR preferably max 2/3 as Qullamaggies approach?
I had a young man stop me in the street when I was walking who said he followed my advice made $80,000 in sales but stopped because it wasn’t his passion.
He asked me “what should I do with my life?”
I didn’t have time to answer him then so I’ll say this:
Most people think following your passion means doing something you love, but that’s not true. It means loving the outcome enough that you were willing to endure suffering in order to achieve it.
And it’s usually because people don’t understand what the word passion means. Passion comes from the Latin root of passio, which means suffering and endurance. Ex: the Passion of Christ (his crucifixion story).
So of course the young man who stopped me didn’t love taking sales calls all day. Almost no one does. But no matter what your “passion “is you’re going to have to do way more stuff that you hate in order to pursue it. So thinking about the percentage of your day you dedicate to doing things you love is a very poor measure of whether or not you are pursuing your passion.
And I think simply clarifying that for people who are on their search for what they want to do with their life might make all the difference between picking a goal worth suffering for vs jumping from fleeting interest to fleeting interest until the work becomes hard and never really making progress.
If you aren’t willing to suffer for it, your love is weak.
If I have one regret in my 57 yrs, I would have been more present to my kids when they were younger. I was so focused on building wealth & stressed about building my career I didn’t always savor & fully enjoy that time. Sure, I was at every dance recital or practice, I coaches sports teams & went to every single game, but my mind was oft times on the market, my positions or what I had to do to keep us afloat.
Young parents, I know every day can feel like a month but those days turn into years before you know it.
True wealth has nothing to do with money or material possessions. True wealth is faith, hope and love. Be present to those God has given you.
Please hear this!!!
“The fact is, measuring results is not very popular because most people don’t like to look at their bad trades; they choose to just forget about them as if they are going to magically improve with little effort and study. This is lazy and a big mistake. The first step to success in the stock market is to get your head out of the sand, and that starts with post-analysis of your results. The most valuable information about your trading is your trading!” - Mark Minervini
The hardest thing to do in trading is nothing. Sitting on your hands when there’s no edge is one of the most underrated skills in this game. Forcing trades when the setups aren’t there does more damage than most realize.
I used to be at my desk every day, constantly looking for action and those extra trades slowly chipped away at my performance.
Now, I do my homework the night before. If nothing stands out, I don’t even open my platform. It’s incredible how much money you can make by not losing, simply by sitting out when the market isn’t offering opportunity.
This is why I recommend all novice traders to have a job or a part-time job for several years before transitioning to full-time trading.
The pressure, the losses, the bills will break most of traders if you go full time to early.
The moment you stop needing to win, you start trading well.
When the outcome no longer dictates your mood, your edge becomes visible.
You stop forcing trades that don’t fit.
You start respecting the boundaries that protect you.
The irony is brutal.
Profits come the day you stop chasing them.
The market rewards detachment, not desire.
When I started to control total equity drawdown through progressive exposure was when I went from a boom and bust trader to a profitable trader. Great points!
31 Oct 2025:
Good post worth reading. I'm actually a very average trader, but drawdown control and risk management really made it work for me this year 👇