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Author Topic: TRADERS are not UNEMPLOYED  (Read 1943 times)
MissNonFall9
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July 06, 2024, 02:32:44 PM
 #221

I don't think trading is a job. Because for me real job is where you can make money daily from your hard work and effort. But trading is different, there's no guarantee that you can always make money, and you must always used capital for every trade and aside from that there's a risk of losing it. So for me, it's better to say trading is a business because it always has a risk same with trading. Despite of that, if the trader is not profitable and keep losing funds because they trade out of nowhere from the chart then it's called gambling, not a business.
I respect your opinion but I don't understand why you mean only manual labor by work. See workers earn money through their physical labor it is work just like a businessman earns money by performing business activities and sometimes incurs loss this is also work and those who do official work at institutional level also include work. But in any case everyone in the world earns their livelihood through work from their respective positions so no one is unemployed.

In fact, whatever the form of work, if the activity has the potential to make money then yes it can be called a job, or that means it is included in the class of work because it does produce money, but there are some activities that produce money that should not be used as the main income to support all life's needs. and an example is trading, because after all trading is always an activity that has risks, sometimes the level of risk can be very significant if a trader makes a mistake consciously or unconsciously.

So it's not a problem to get involved in the world of trading, but don't make it the main place to cover all your needs because the necessities of life will not be tolerated, in the sense that when you need money you have to have money at that moment, while trading is an activity. It's risky, which means that not every session you make a profit, that's why most people always choose a job that is certain with an agreement to get a monthly or weekly salary.
I don't know if your words agree with anyone else but it seems true in my present life. Because I did not make trading the only source of income in my life. But I think it hurts me to call those who do trading unemployed. Because everyone works hard to earn a living they should be treated with respect. And that is why I find it difficult to address any people in the world who are at least trying to work.

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ibuddy122505
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July 06, 2024, 03:00:41 PM
 #222

So it's not a problem to get involved in the world of trading, but don't make it the main place to cover all your needs because the necessities of life will not be tolerated, in the sense that when you need money you have to have money at that moment, while trading is an activity. It's risky, which means that not every session you make a profit, that's why most people always choose a job that is certain with an agreement to get a monthly or weekly salary.
If a trader is able to cover his expenses through trading, I won't be stopping them from doing so. That only means that they know what they're doing and they're effective traders.

There's nothing wrong with what they do as long as it is sustainable whether they treat it full time or part time job.

What matters to us is we shouldn't be meddling with the work of other people that are just trying to put food to their tables.

We are not here to prevent or interfere with anyone's choices or lives because we have no right to do that. People just want to say that if we make trading our main job and depend on it as our main source of income then it is too risky, and advise people not to do this. As you know, making a profit in trading is already difficult and it will be even more difficult when you set a goal of needing to make a profit regularly every month to meet your daily needs. So, giving advice to others, especially newbies to help them avoid making mistakes is not a bad thing, and I also don't think advising others would be considered meddling with their work.

Personally, I would never consider trading as a main job because income from it is not guaranteed, it should only be a side job when we have free time.
As Dewi Aries also mentioned below, even experienced traders give similar advice, if we want to become a trader, we must first have another source of income.
With all the uncertainties, it's surprising if someone doesn't see the need for a second source of income. Diversifying our income can naturally increase our overall earnings. Relying on trading as your main income is risky and can be frustrating due to market conditions. Every trader experiences this. We need to set up passive income streams. For me, it helps me sleep better without much stress. By diversifying our income, we can achieve greater financial security and enjoy life more.
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July 07, 2024, 01:16:11 PM
 #223

With all the uncertainties, it's surprising if someone doesn't see the need for a second source of income. Diversifying our income can naturally increase our overall earnings. Relying on trading as your main income is risky and can be frustrating due to market conditions. Every trader experiences this. We need to set up passive income streams. For me, it helps me sleep better without much stress. By diversifying our income, we can achieve greater financial security and enjoy life more.

If someone can diversify their sources of income then that is indeed a good thing, but that also does not mean that we should consider trading as our main source of income. The main source of income is not necessarily the highest source of income but must be stable and capable of meeting our essential needs. Meanwhile, who dares to guarantee and think that they can make a stable profit from trading? Like what is happening these past few days, can any trader dare to claim that they are making very stable profits in an extremely volatile market?

If you follow market news, you will know that in the past 3 days, hundreds of millions of USD have been liquidated, and if this situation continues, what will happen when we consider trading as a main source of income? Where will we get money to cover daily expenses?

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