DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Dan Duchardt who wrote (7219)	3/11/2000 2:16:00 PM
From: Jon Tara	Read Replies (1) of 18137

Dan, you are right: "It might well be worth a loss of net income to leave it behind for something that has the potential to someday make up for that lost income while doing something you find interesting and enjoyable." Everybody is different, which makes the "how much capital does it take" and "should I quit my job" questions rather difficult to answer concretely. Ultimately, "it depends". I am fortunate in that I have a high-paying career (I am a software engineer) that is currently in great demand and that I enjoy a great deal. And because I am a consultant, I have the freedom to work only a 40 hour week, giving me time to devote to the market. (I realize that many people in my career don't have that freedom, because they are employees, giving-away 20-30 extra working hours a week in exchange for a options-lottery ticket. Given that scenario, I can see why others that share my career might prefer to quit to trade full-time. :) ) I suppose my views are biased by that - why would I give up that career to trade full-time, particularly when I am convinced that this bull market, like all bull markets, must ultimately come to an unseemly end?

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