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Legitimate question: can I live on trading?

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by COINS NEWS 128 Views

I want to start this post by stating that I am legitimately considering quitting my 9-5 day job to pursue trading perpetual futures.

Now I know how it sounds at first, but consider that I will be actively viewing the market on TradingView, while playing breaking crypto news livestreams.

By making even 1 solid leverage crypto trade per week, I can afford not only rent for an apartment, but also a freezer full of Hungry Mans.

I know that crypto is very wild and unpredictable, but merely catching a simple day move with 10 or 20x leverage in the span of a few minutes can rake in more than many day laborers make in a month.

Being very strict with stop-losses, and keeping the trades very short can help mitigate downside risks. Is it possible that with a lot of hard work and dedication that this could work?

submitted by /u/verysillyman
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