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Need six to twelve months living expenses separate from trading account before going full-time.

From Lost It All in One Trade. Made Millions Back | Ft. Ponzi Trader · jumps to 38:50 · speech

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Part of surviving and trading is having dry powder available when the opportunities avail themselves. You can do all the pretty charts that you need and be like, oh my god, I'm going to nail the bottom. But if you don't have the money to execute because you just withdrew it to pay your rent and buy groceries, that money compounded over time kills you. And I did the exact same thing as you. I think the average person at the very least should have probably six to 12 months of living expenses set aside completely separate from the trading account before they even consider going full time. And I think your trading account needs to be big enough where you know and already have a proven process where it's like, hey, every month I'm consistently able to pull out this much, even if I don't have a great month.
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