This is one of the most commonly asked questions. Read more about QProfit System to know that it is actually possible to trade for a career. And it does sound very fascinating when you think about leaving your full-time job and make a living trading.
This may seem to be a fantasy for most people but there are people who have actually left their job and started trading and are also doing much better than their regular job.
But what is important is that you need to take trading seriously and as a business. Novice traders do paper trading and then become overconfident and leave their full-time job.However, not all of them end up being successful and the majority of them only blow up their account.
A career in trading gives you freedom
Trading for a living gives you freedom.You can trade in a setting of your choice each day, take breaks whenever you want and can have your life when you trade to make money. But the truth is that trading is not easy.
It gives you freedom and makes you secure financially but you need a specific skill set and be able to tolerate risk in order to be successful as a trader. It is important that the trader reaches a level of excellence and masters the art of trading.
If you plan to leave your career to start trading then make sure that you practice hard and keep your eyes open and weigh the risks of taking this decision.
How do you start?
To begin trading the first thing that is important is that you have a tried and tested trading strategy. You need to be able to take the advantage of volatility and should be able to manage risk. You should make sure that the strategy is tested in different markets scenarios and with different asset classes as well. Also, make sure that you try out the strategy with real money.
Spend lots of time in educating yourself and everything that is there related to trading. Take out time each day to understand and improve your knowledge about the trading methods.
Before you starts keep at least one year’s income as a buffer. This is not something that you should trade with but so that you can pay your living expenses. This will let you have some peace of mind and so that you can trade without any fear.