> I am trading stocks with over 150k.> Making over 30% annually, track record of 7 years.> I live in a low-cost country, no taxes on gains.> I am thinking of becoming a full-time stock trader. Would you become a full-time stock trader if you were in my place?
Top signal.Just sold all my stocks, thanks OP.
>>62208520I would not quit my job just for 30% a year.
>>62208571>Top signal.>Just sold all my stocks, thanks OP.this
so you started with 25k?
That's fucking retarded. With 150k just throw it in SPY and contribute 1000 a month to it and you can hit 1 million dollars in a little over a decade.
>>62208631not really. started investing with smaller amounts. my strategy and methodology got better over time.>>62208660I am not a day trader. long term trading only. I am outperforming the SPY by a lot. Investing in SPY doesn't make any sense to me. doesn't make a lot of sense to further add more money since I already make about 4k a month already. I could take out a bit of that and still hit a million in about 8 years. I have enough time to work or do nothing. I can easily work 40h and more.
>full-time stock traderyou dont need to trade full time to make money. youre just a lazy fucker who doesnt want to work
>>62208520Approach a hedge fund manager. Literally any of them. Tell them this. If you have verifiable proof that you’ve done it for 7 years there will be ppl willing to pay u millions to do this for them. But you’re not. Because this is LARP.
>>62208796There are a couple of wrong assumptions.> No one can just walk in a hedge fund a get that kind of a job. That's not how that works.> I can't just proof success. There will always be doubt (rightfully so) if I actually achieved it. What if I show the success of my broker account but hide a second or third one that were massively unsuccessful? You don't even believe me and accuse me of LARP even though this is about nothing but a genuine question ("what would you do…"). You expect hedge funds to be less suspicious than you?> Even if that were possible: no hedge fund just gives you millions. They will create an account within their company and I would be managing funds within that account. The hedge fund itself is getting a 1-2% annual fee plus bonus for profits. Me on the otherhand would probably start as an "analyst" and get less than 100k plus bonuses.
the moment you change the conditions of your environment, your algo breaks, you lose money, you start revenge trading, lose more money, etc you have a good steady thing going, don't be greedy
>>62209547How do you avoid this after making it?I failed to relocate in a different country because it fucked up my mindset and my comfort.
>>62209704what do you mean
>>62208589>just 30%30% is phenominal. Most day traders would cream over those returns. If you can truly average that use a margin account. Just hope you keep your cool when using bigger numbers.
>>62209771Living in a different country fucked up my mindset and my routine as if it was cursed.It seems like I am stuck in my place and can't move to a different place or it would change my habits and impact my trading.
>>62209779i didn't mean it literally, i meant changing the conditions under which you operate your algo, allocating more cash, changing the kind of thing you trade, etc if you have enough money to pay for your relocation, why not visit instead or just list the things that you think you need to maintain what you have and be honest with yourself about why you want to move
>>62209803That's what I did.Just visiting was enough to cause damage to my mindset and trading and make me realize how difficult it is for me to adapt to a different country.It became a traumatic experience...There is a reason why I will have to try it again, but it feels like the complete opposite of what I now desire and got used to.Seems like I need to retire when I want to move, but I am not ready for that yet.
>>62209821or maybe you need a reason to keep visiting, it seems like its important for you to change your routine, so find a reason to keep going back, buy a house, rent it out, buy local stocks, learn a language, find the expat community and learn from them, etc life is about living not speculating
>>62208520I was also thinking about this. My port grew to $2 million, a million from crypto the other million from investing and saving. My problem is that I am not as a good trader as you probably. I was lucky to ride the energy boom when the iran war started and then just rotated into SPY end of march. I thought about waiting for another correction, deploying my cash and then quit my job but its getting harder and harder mentally every day knowing that I am so close to crossing the finish line. What stocks do you own now anon, anything on your buy list?
>>62208520nigger. in the current bull market everyone is successful. all I do is buy boomer etfs and generic blue chip shit like nvda and I made something like 30% last year without spending more than 1-2 minutes on it the entire year. the interesting part is how you do once we go into a 1-2 year long bear phase. so no, dont become a full-time stock trader lol
>>622098472 million will give you 80k per year from bonds alone, why are you people so greedy?
>>62209855wife and me like to travel and I live in an expensive area which I dont want to leave.
>>62209775>use a margin accountI don't wanna use a margin account since this can have negative implications. Could change the way I am trading and if I learned anything about trading: never change a running system. Right now I am very satisfied with the results even if it means I have to wait a bit more. That's ok.>>62209847>What stocks do you own now anon, anything on your buy list?I have over 100 stocks in my port. There are a couple of stocks in my wishlist like FTAI. However, there is no more money to allocate atm, and I am happy with the current port so not buying more.Realizing that you are not good at trading something specific is actually what makes good traders. First rule of trading is not losing your money. You need to realize what you are good at. If I had had that kind of money I simply would put it into any good etf. You could pull 50-100k every year, let your account grow and still live comfortably. What's stopping you from doing that?>>62209848>everyone is successfulUntil they aren't. Naturally, I wish this was true and everyone could be successful, but there is more to it than simply investing in generic stocks let alone "boomer etfs." The general trend helps, but you still have to figure out which stocks to choose. I outperformed the NSDQ100 by 5% the last 12 months. You can't achieve this with generic stocks and sloppy 1 minute research.YTD I am up 14%. So, again I am on track of hitting my 30% target even in this so-called "bear" market.
>>62208520ever thought of doing streams or so? like mitch?https://m.youtube.com/@MitchRayTA/streamsi can say when trading is your routine you would want to have something else to do. i loved the idea of just trading but now i want to to social media also. i have the church bell tower on my pc and look at the 1h charts when it rings, then decide what i do with that hour. if i miss some candles it doesn't hurt me theres setups enough
>>62210186I am a long-term trader. I leave streaming to the day trader scammers.
>>62208520>30% annuallyim making that by just buying and holding crypto/tech and now ai stocksthen i go to work and make more money. you arent special
