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EP5: How Can You Leave Your Day Job To Day Trade Full Time?
Are you dreaming of leaving your day job to pursue day trading full-time? Then this episode is for you. Join Somesh as he shows you how to move from your regular 9-to-5 job into the world of full-time day trading. He'll walk you through the nitty-gritty details of this transition, breaking it down step by step.
Tune in and get ready to uncover the process that will help you skillfully navigate the realm of day trading!
In this episode, Somesh talks about:
The process of transitioning from your day job to full-time day trading:Planning the transition strategically, including overlapping work hours and job stability considerationsBalancing income sources by gradually moving into full-time trading while maintaining a stable day jobReducing work hours gradually to maximize trading time without compromising job performanceMitigating the financial impact of trading volatility with a dual-income strategyKeeping a trading journal to learn from your mistakes for improvementJoining a supportive trading community focused on learning and performance
Memorable Quotes:
"When you journal your trades, what will happen is you will learn from your mistakes. When you learn from your mistakes, you'll be able to grow exponentially over time."
"Join a trading community where everybody is just where you are. Everybody wants to grow. Everybody is learning. That will push your trading income to another level."
"Your urgency to leave your job is not an emergency to perform in trading. Take it easy, step by step."
Resources:
Somesh S (@kay_capitals) on Instagram
Kay Capitals on YouTube
Somesh (@KayCapitals) on Twitter
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