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Quitting full time job to pursue side hustle

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Dusty_19

Contributor
Jan 13, 2016
35
78
114
30
Gilbert, AZ
I was just informed that until further notice, myself and my crew at work will be taking a 10% pay cut. I officially make less money hourly than I did when I started with this company five years ago. In case anyone is wondering, I now make less than $500 a week.

On the other hand, I have been trading the S&P 500 futures for a while now as a part-time side hustle. On a good morning before work I average anywhere between 20% to 100% of my weekly paycheck. The only downside is, obviously there is risk involved and not every day produces the same result. I have learned to keep my draw down to an absolute minimum, if any at all.

I am absolutely 100% contemplating right now putting in my two weeks and trading for full-time income.

I am well aware that with everything going on I should consider myself lucky to even have a job, and I realize this, but at the same time I’m convinced that I can replace my current wages with trading. I guess I’m just extremely nervous stepping away from a job right now with so much uncertainty in our economy and so many people without work at the moment…

Tonight I will be sitting down to work out a plan of execution and to make sure that my thought process On this deal is Idiot proof.
 

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refrus22

New Contributor
Read Millionaire Fastlane
Oct 13, 2019
9
10
17
Southwest-Germany
Just curious... how did you decide?
Do you have some savings that you're not using for trading to last for a while? Are you the single earner in your family? How long are you already successfully trading?

Good luck.
 

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