what would you do when you can no longer trade?

[LogitechMouse]

---
My concern is that, during old age or dou to some certain health issues during old age, most traders might not be strong enough to look at the monitor any longer and be able to analyze that market and make predictions for their trades. At such situation, what source of income would the person depend on? Non! They wouldn't have any source of income to relay on and that's because they only took trading as the only source or income during their youthful age and they didn't invest on other source of passive income.
---
Invest in other passive source of income and also in good assets so that when you can no longer be able to analyze the market, you can survive on your other investment.

TBH, I'm leaning towards the fact that these traders did already saved some of their profits for their future. I mean not all of them will put all of their money into trading even though they know that it's profitable for them. I believe they know that this time will come for them and as early as now, they will save their profits into something that would help them earn money still despite of them can't trade anymore.

You said it already that as a responsible trader/investor, we should invest into something that can still give us passive income if we are old and the first thing that comes to my mind when it comes to passive income is dividend investing particularly investing into the Stock Market. We know that there are some companies out there that are giving out dividends on a yearly basis. That could help them earn passively even though they can't trade anymore. Another one is real estate through rental income or buy and sell of properties. This isn't a direct passive income because there will be some things that you need to do like maintenance of the houses, etc. but I think it's a good way to earn income still if you can't trade anymore.

[jaberwock]

I think traders are people who are wise in managing the finances they get from trading results even though they actually only survive based on trading profits. We have to get passive income apart from trading, such as switching to a real work program considering that market prices are now starting to become abnormal.

starting from the beginning of this year until today, it is very chaotic, you don't always win in trading, but you have to survive even if there are losses. This idea is very suitable for people who have a lot of money and buy several coins in a portfolio to create their assets in the future with 100% profit from trading results. The important thing is not to rush and be wise in trading.

That is definitely true for people who do not have enough, but if your capital is big enough then you could do more with it and you could live based on that too. Like someone who has a million dollars, could make 100-200k a year, wouldn't be that hard, and could spend 50k a year to live, that is of course for USA, for other nations you could live for much cheaper as well. Meaning that it depends on the capital.

If you have low capital then you shouldn't be a full time trader anyway, you need a job and an income that can cover for it. You could make it better for you if you ended up with a job that pays you well enough that you invest and spend for your life at the same time, allowing you save some aside for trading.

[bigmanik]

Well yes there are lots of traders who take trading as a full time job but I actually do not recommend that to people are are new to trading
Trading should be treated as a side hustle or a source of passive income and not a full time job
And I will also strongly recommend that if you do happen to be a very successful trader do well to invest in other businesses and don't focus solely on trading this because trading is very very unpredictable and can literally go against you in anytime
Well this is just my opinion I'm open to corrections

[fullhdpixel]

When you are young you only spend time trading in front of the monitor screen but do not think about your long-term plan. that is a mistake. when we are still productive people making money with our skills, then as much as possible collect many assets for us to enjoy in old age.

Even young people don't trade because they think it was boring. They spend most of their time in the monitor but that is because they are browsing the social media and play video games. They waste time on these things because they don't have a plan yet about their future. Why they will do that anyway when they are still young? Though it is also good to start early so that we can go a long way and have no regrets but there are also adults who regret that they didn't enjoy their life when they are still young because they it is hard now for them to do it due to their obligations/busy schedules. Each has their own pros and cons, so it is only up to us now if which we think is better for us.