G'day All,
My name is Jarred and I have just started my membership with BearBull Traders. Andrew's approach to day trading makes sense to me which I guess is half the battle.
I am currently simulating day trading whilst I have a current swing trading strategy in a live account under a PTY LTD Company structure (similar to LLC). This swing trading strategy works well for medium term growth, however it does not yield enough to replace my day job.
I have the usual plan, simulated day trade for 3 to 6 months,followed by small size (100 shares) live trading until I reach "consistently profitable" status. Once this is achieved I plan to phase to larger trade sizing until I am able to produce an income which will allow me to transition from my current occupation. I see this taking 3 - 4 years until I deem the endeavour viable, as to allow me to leave the safety net of my job (gotta feed the wife and kids!)
I don't really maintain an online social media presence, however this trading community seems to be very approachable and knowledgeable. I'm happy to be part of it.
Cheers,
Jarred
