Question
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What %age per is enough for livelihood ?
3 Answers
<p>I quit my well-paid job to pursue full-time trading. It was a conscious decision as I was profitable since 2008 and took 2 breaks earlier to experience living without getting a salary. It is possible to make a living from trading. But it demands some preparation and planning from our end. I started learning from mistakes. I focused on saving more money (for capital and any emergency) and also worked on improving my trading skills. The amount of profit is totally an individual’s take.</p>
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<p><br>That's only possible when you are a professional in it. Without that it is possible to even lose all your savings /capital. But that was possible after months of training, covering up the full fledged technical analysis, practicing strategies and almost practicing day and night for 4-5 months straight. And after that there was no looking back. I'm making consistent profits from then. I have opted to be a full-time professional trader.</p>
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<p><br>I would advise not to start trading without any knowledge or just for the sake of trading because it is no child play. Making money from trading is one of the most difficult things in this world. Learning how to trade can literally suck the blood out of you but it's worth all the effort.</p>
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