Preparing for Full-Time Trading: How to Succeed After Quitting Your Job

Brian When I left my full time job I literally had nightmares that I was going to have to go back and join the business again even though I was a full time trader. What can people do once they've quit their job to maintain their full time trading?

Well, first thing is and you really need to attend to it before you quit your job and that is make sure that you got reserves so that you don't have tons of financial pressure on you. If you're going into it properly, that's your best bet is really. Yeah, go into it well prepared. Don't just jump into it unprepared and thinking you'll figure it out as you go because the financial pressures, the pressure of trying to learn, the time pressure, all that stuff is really going to, that's just going to screw you up and throw you off track and make it really difficult. So the best thing to do really is to prepare, make sure that you're going into it with the odds in your favor that you do know what you're doing and that you're looking at it long term and you're ready for this.