This is it. I Can't handle any more losses like this I Need to stop. Oh boy, this must be very serious. If you clicked on this video, it's clear we need to talk.

You are probably watching this video because you're either considering quitting trading after some significant losses or you've already quit as a Trader Who's been in this business for over eight years now I Thought of quitting many, many times before in fact I myself have quits trading twice in my entire career and I Just want you to know that unlike my ex-husband you still have a couple more options. Thank you! Welcome back to another homo Trader Video Listen I Think exactly where you are today, mentally and emotionally speaking. You are definitely not alone in the struggle today. I Want to share with you three important messages and tips about quitting trading by the end of the video.

Hopefully these insights will put things into perspective for you and motivate you to keep going. And just in case my tips are still not enough. I'm gonna be sharing with you today some advice and stories from four other professional. Traders They're gonna be talking about how they've quit trading multiple times, yet still managed to stick around and eventually become profitable.

Traders First of all, it's normal to want to quit. Let me start with this fact: There's nothing as difficult as trading. Trading is tough my friends. I've done some pretty extreme things in my life: snowboarding, pole dancing, marriage with my ex-husband and move into multiple cities and restarting my life many, many times.

But trading though this is unlike anything I've ever done before and unlike most things we choose to do, whether it's Fitness reading a book or taking up a new hobby, with trading, it's really hard to tell whether you're making progress. I Know how hard it is to be put in consistent effort and not seeing the profits because there is indeed a very, very steep learning curve when it comes to trading. Learning to trade requires a lot of delayed gratification and sometimes that can take months, if not years. It's very similar to growing a bamboo tree.

A bamboo plants will take years to grow underneath the soil. no one can ever see the progress and then all of a sudden it will shoot up, finally showing above the ground and then grow to its full size in a matter of months. I Think this analogy is very much applicable to most. Traders Journey For two years, I was also stuck in a cycle of losing money from day trading.

With every single small win followed by a big loss, it was very frustrating and just couldn't find a way out of it. There were definitely many moments where I wanted to quit in those dark moments, especially after yet another big loss. I Definitely wanted to quit, but most times I choose not to. Here is my thought process and what I would recommend you to have for yourself: Tip number one size down and slow down when things got really tough, what you should ask yourself is can you slow down? Can you size down and take on less risk and what do you need to do for yourself so that you can keep on pushing to trade for another day? It doesn't matter how many times you need to size down, stop or fall, What matters is how many times you can pick yourselves back up and then you can take as much time as you need to do so you just don't want to give up.

Do you like this all day? I Know this may sound cliche, but it's very true when it comes to trading. Rest is a successful Trader and he shared in a recent podcast that he had blown up multiple accounts, took on over five figures of losses, but still lives on to trade another day. You know, having gone through all of that up and downs, what do you think is are like the key lessons? what are key Concepts I Got you become profitable? The first one which I think is actually a little more important than the second one and hear me out. First one is not to give up so you have to have a passion for it and not to give up because the minute you throw in the towel you're done.

it's over. So that's the first. Um, which I like my personality type is if I'm passionate about something and I want to learn something or if I want to exceed at something, you can knock me down 10 times I'm getting up 11 times. a lot of people can't do that once they get knocked down so many times they say okay, enough like this is not for me on the leave whereas I'm stubborn and so I'll keep fighting I'll keep fighting until like I'm bankrupt and loading all this straight out I didn't care at the time.

um and and usually after these like big downturns, how how soon or how long did it take for you to kind of get back to the same state? um I've noticed as the losses get larger, it takes longer to recover. um I mean like mental wise I'm funny enough, even if I um, take a large loss the next day, I'm still looking at the screens I just don't trade. Okay, um, just because I like to stay with the ebb and flow of the market and all that and see what's happening. because I don't want to come back like a week or a month later and have no idea what's going on and then just you know, go and it will take like maybe a day or two to a week.

Um, longest. One way back in the day was like three, three or four months I was in depression mode I had the issues I work I issues with family and all that. So I was just working through everything but once I kind of cleared the rest of my life I was like okay. time to go.

let's go again. that's all. Get back up and keep going. Did you ever take these breaks with the intention on like you? you're just giving up and never like yeah oh okay yeah like uh if I recall correctly I think twice was like a serious like that like I can't do this I'm done like I'm I'm not I can't that's that's too hard or like um I can't control my emotional state when I'm you know in a downturn or whatever when I'm making mistakes.

um but somehow I always those two times um I got kind of motivated from my friends that were also in, uh, trading and stuff and like the guys that I talked to and um that kind of slowly brought me back in and so I was like okay, you know what? let me try this again but like tiny tiny amounts I'm talking like five shares I'm not even kidding. at one point I was trading like I think like two shares, two or five shares was my minimum. Yeah and just from there slowly like single single single single single single single and then kick it back up again and slowly work my way. Yeah now now that I'm thinking about it I'm thank God that I restarted again because I wouldn't be I wouldn't have met so many people as the my best.

My favorite part about trading is all the people that I've met. Oh so rest is resilience as a Trader is what made him successful, not his secret strategies. I Remember losing over forty seven thousand dollars from a swing short in Snapchat in 2017-2018 Yeah, I'm not gonna lie I Really wanted to quit I Took a small break and then sized down back to only 100 200 shares I Decided to slow down, take less risk and less shares so I can ease back into the market and not be in constant fear after losing 47 000. However, I do understand that some of you watching might be saying well Shay you don't understand I've lost so much money I just want to quit I don't want to trade at all Yes I understand.

My next option for you then is to Simply take a break however long it takes or take a sabbatical if you need to remember the loss. I Just mentioned earlier at the time, forty seven thousand dollars was the biggest law loss I've ever taken as a Trader until my ex-husband came along. After that loss from Snapchat I knew I need a day off I was only gonna take one day off, but the next day I realized that simply wasn't enough. So one day off became two, that became one week and then eventually that became three and a half weeks.

And trust me, I needed that long break after losing 47 000. So if you ever felt like quitting or you are tired of trading all together, just give yourself a longer break. Take a day, two days, or even longer or months if you need to take however long you need just to get your mind off from the markets. This way you can truly refresh your mind and see how you feel.

You'll most likely feel like coming back to the markets eventually, but this time around, you can come back even stronger. But don't just take this suggestion from me. Take it from my friend Chinner, a computer science major a CPA and a trading veteran of over 20 years. China has been trading the markets since the.com bubble.

That's enough time to see whether you want to quit, but spoilers, he still hasn't just yet. You've been trading for over 20 years. Has there ever been a point or multiple moments where you thought about quitting trading altogether? Uh, I Don't think I've ever thought about quitting. but there's definitely moments where I slowed down because of life right when I was going through accounting courses or just a little bit of a drawdown and have money to put back into the system.

I Think people assume that I would sit in front of the terminal for 25 years every day Monday to Friday trading. but it's not like that. I definitely went through like bursts where I traded for three years very regularly and then it slowed down with my swing trading and occasional day trading. Okay, um, depending on what I was doing in life, what was the longest break you had from Trading maybe six months and that was I wasn't really a break I wasn't I was in swings, but yeah, I wasn't trading daily? Um yeah.

I mean in the last decade, definitely not any big breaks. There were some breaks and probably earlier lows to lay those. I guess sometimes I'm just traveling with friends, sometimes I was just wasn't into it I was focused on other things. Uh, but yeah.

I was always monitoring the markets and always doing research, so that was always an ongoing thing. Uh, it was definitely always an interest of mine I think that was probably the difference that a lot of people go I want to make quick money? I'm like yeah, I want to make money but I'd like to I'd like to know why. like why it's happening like I was always interested in why it's happening and so when I talked about different things like short squeezes and different things that mechanically happened I was always interested to know why those were happening because I know it wasn't just me, it's a series of events. So I was definitely always a almost a renaissance man when it comes to learning about the markets right? and that's always an ongoing Journey because I don't feel I'm done in any way, shape or form because it's changing.

Always changing, always changing. And no matter how much you think you know, somebody comes along or something comes along or an event comes along to make you go. No, Nope, Nope. That's why you're humbled, right? Yes, right.

Even though China has been traded himself, he wasn't trading every single day for those 20 or so years. It's totally okay to take a step back from Trading because life gets busy and there are sometimes even more important priorities so it's totally okay to take a break. In fact, I encourage you to think of your trading breaks as trading sabbaticals. I Was first introduced to this term by my friend Dean an ex-ceo and quants Trader he founded his own Quant trading firm as well.

Ding has been trading for over 20 years now and you bet there has been many moments where he wanted to quit and over the last 20 30 years that you've been involved with trading. have you ever thought about giving up? What have you ever thought about quitting? like? maybe after a bad drawdown? I've had some doozy of drawdowns some dudes he's like, good enough that I would say that it would make many, many, many people just puke. Um, it's part of the game. Yeah, you make a lot.

You you have much higher risk. Yes, yeah, um yes and no. If you take big chances, you you can. Yeah, if you don't cut your losses quickly, Yeah, um have I thought of it I was really Intent no not a quitter.

No, it was really intent. never I never like took a break. Oh, absolutely take breaks. Yeah so usually what I do is I I would work for a couple years okay or for two three years and take some time off and then I'd work and put in a good two two three years again and take some time off and build up experience.

build up a new portfolio, information, meet with different people, increase my knowledge, and move around and learn different things. Okay, yeah, what's the longest break you ever been on from Trading uh, several years? So I look at it as taking sabbaticals and sabbatical is just a fancy word for taking a break to recharge and everything. I think yeah, for me, it works and for me, it's important and then getting back into it with renewed, uh, invigoration and that sort of thing. But yeah, I've done that.

Yeah, absolutely yeah. but you're still trading. Yes. Do you think you'll retire anytime soon? trading or from and from other business? I think right now I'm I'm been on a sabbatical now for a couple years and I've been helping my kids to build their businesses and then one night like I said, it's got that one uh Channel where she's helping educate uh girls to trade and the other one together.

They also have a an apparel business just for Traders and uh so I'm helping them mostly. So I've been on sabbatical for a while, but I oversee trading every day oversee their trading. Yeah, and there's phenomenal ways for new traders to to get involved in the business now in the business or get involved as a Trader Now there's all these different things where they can practice Trading with real real time, fake money, but real time real data. It's phenomenal.

These different companies that are out there to do that. so it's I don't think there's ever been a better place and better time than now. Traders I'm gonna let you in on the little secrets here, despite what you all all may think, all the successful Traders I know have given up on trading at least two, three, sometimes four times along this journey. I myself have also given up on trading twice in the past before and both of these times I thought this is it I can't handle any more losses like this I need to stop.

But here's the thing. both times I thought I was actually gonna quit I just kept on coming back. The first time this happened I stopped trading and looking at any stocks for about one month and then eventually I missed it and I turned back on the broker platform once again and I started to catch up on everything that's been happening in the past month and the second time around I lasted two weeks I Just couldn't quit looking at stocks. And here's the thing: Profitable: Traders Are successful.

Not because they never lose, they're successful because they keep. Call me back. Perseverance is the key my friends. I have never shared the two personal stories that I was about to quit, but ultimately came back.

If you want to hear these stories, please comment: don't quit Down below. Tip number three: Remember why you started? If sizing down your risk or taking a sabbatical isn't what you want to hear and you're still feeling like you're fed up with trading then I Get it. But my question for you is, why did you want to start trading in the first place? Was it for financial? Independence to provide for your loved ones or challenge yourself? Or simply because you were just like me? You couldn't handle another nine to seven day at a terrible debt and career anymore? Whatever it was that made you want to learn trading in the first place I suggest you to revisit that spark that got you started on this journey. But here's the thing you have to be honest with yourself: If you actually got into this trading game for the fast money and the reason never changed, then yeah, perhaps is probably for the best that you do quit.

This is actually a very common trait that I learned from all the successful million in Traders I talked to. They will have a much bigger why. They will have a reason for keep on grinding and coming back to the market and the reason is always much greater than just making. Fast Money this is just a reality and I understand some of you watching this may not like what I'm saying but I'm just telling the truth people who just want the fast money from Trading and cannot make it, she just quit I'll be the first to admit my original motivation to get into trading was just to make money but as all of you Traders can probably relate by now throughout my trading journey I have gotten handed a big surveying of self-reflection I know personally during My Darkest Hours whenever I was on the verge of giving up on trading.

what really kept me going my why the reason I trade is to provide a better life for not just myself but also to take care of my immigrant parents I Wanted to make my parents proud I want them to know that all the years of coupon, clipping, shopping in the clearing section and all the many sacrifices it made for me so I can live here in North America where not for nothing. My parents may have spent a few years being looked down upon when they first immigrated, but now I want to make sure they will never have to deal with that bullsh for the rest of their lives when you have a greater motivation than just for yourself or for making. Fast Money You won't mind failing multiple times on your way to success in any. Endeavor I Am not asking you to continue day trading to help your parents.

Not at all. But what I do know is you started out trading for a reason and it's most likely not just a surface level desire like driving a Lamborghini There's most likely a much deeper reason than that, so think about it if you're open to sharing it with me. I Would love to hear your why in the comment section below and remember you'll never feel like you've made it. Now my last point is not exactly an advice, but I Just want to remind you of that.

If you're wanting to quit trading because you feel like you've made it according to your own timeline of when you should be swimming in cash right now, then please remember this trading is a muscle. If you don't work on it, then it disappears. Being a profitable Trader or making it in trading does not mean you can just sit back, relax and collect your profit while driving into a sunset in your. Lamborghinis.

The markets are always changing and even experienced. Traders like myself and many others need to be consistently learning to stay up to date. It's dangerous for any Trader to think I've made it because you can make fatal mistakes. Just ask my friend.

Andrew Aziz A successful Trader Who's had a multiple seven-figure loss eight years into his career and another thing is that a lot of people asking me you can do when am I how long it takes for me to become a consistently profitable Trader The answer to that is never. There is no date that you say okay I made it From now on it's downhill. No like I'm a very experienced Trader I Had a really bad loss. Two million dollar loss.

You know you always have a lucky diets. You always have to watch your diets, make sure that you healthy. There is no point in your life that you say okay, I'm fit and this is it. No, it's just a work in progress every single day.

You're one decision away from a very bad trade and you know a disaster. So before you think about quitting, remember everyone's journey is unique. Reflect on the three tips I just mentioned and make the choice. That's right for you.

If you want to hear an incredible story from a Pro Trader who has lost multiple trading accounts in the past before, then you should check out my interview with Rest over here.