Trading full time

[imstillthebest]

Trading is a curse for those who does not have the knowledge and the strategies required to go through the system,

expert traders doesnt start skillful but they all start as noob without any knowledge or strategy whatsoever but they are only willing to become a trader so they dedicate thier time learning it  . we all can become a trader if we want to  , it only takes guts and willingness .

Trading is never a curse to anyone, but the inability to make use of it is what a curse is.

curse is something that is bad  . you arent curse if you dont know how to trade .  and i dont know if curse really do exist because i only see it on the t.v's and movies  .

[pawanjain]

I know how good it sounds to go full time trading but we do have to think about all the possible outcomes of it before quitting the day job.
You might be earning a good amount of profit in the current trend through your current strategy but as we know the trend changes quite often in crypto and so does the strategies.
You should have a backup plan ready if the market goes against you. Just imagine you are facing continuous losses and you don't have a stable job aside to pay your bills.
That will turn out to be a nightmare. So going full time is not the problem here but we have to make backup plans for possible worse case scenarios too.

[Hippocrypto]

Trading is a curse for those who does not have the knowledge and the strategies required to go through the system,

expert traders doesnt start skillful but they all start as noob without any knowledge or strategy whatsoever but they are only willing to become a trader so they dedicate thier time learning it  . we all can become a trader if we want to  , it only takes guts and willingness .

Trading is never a curse to anyone, but the inability to make use of it is what a curse is.

curse is something that is bad  . you arent curse if you dont know how to trade .  and i dont know if curse really do exist because i only see it on the t.v's and movies  .

That's not a curse, but rather if you're not having success no matter how hardworking are you. Probably you've been cursed unto something deeply spiritual and cannot be associated with trading. Full time trading is a serious and financially driven matter, and we really need to focus on this. Every time we fail don't expect any bad things linked to it, it's our fault and without having enough skills is the main reason why we failed so we need to learn from that lessons.

[akram143]

The main difference between the job and trading is you will work for you you and you are the owner in trading job no one can answer and question for you so if you are a full time trader then you have lots of Liberty to do better things and better innovations in your strategy so full time trading is also helpful for you in different situation.

[nydiacaskey01]

I am considering to go full time in trading as well. There are recent events in my office which made me think that going full time in trading is better than driving to work 2 hours and going home another 2 hours, pay $6 for parking fee and another $6 for the gasoline. While if I trade those expenses will be removed since I will be working from home however, I need to work a lot on learning TA. In trading we can earn $1,000 in a day but we can also loose $2,000 in 1 trade.

So it's going to be a difficult decision on you mate and I wish you the best. The only thing with having a regular paying job is that you expected something in like every 2nd week and end of the month that can bring food in the table for your family. So there is a lot of trade-offs, pros/cons here and I know how to feel about it. Traffic, lost hours, parking fees and stuff. Maybe the best thing to do before really venturing to crypto and quitting your job is that you have enough savings so that if something doesn't go you way in trading, at least you have a plan B.

I'm on the brink of deciding if I will go for it specially, now that 3 of my friends who knows that I trade Crytpto want's to invest a total of $2,000 and all they are asking is just 8% per month interest from that $2,000 locked for 1 year. So regardless of how much profits I earned from their investment, all i'm going to pay is just 8% from $2,000 USD. I am tempted of accepting the money and trade for them. Problem is we don't know exactly how Bitcoin or Crypto is after a year from now and I am not that confident yet that I can earn more than 8% a month.

[bering]

I heard too there was people who makes trading as full time job and they were sometimes sharing their profit results on social media and it's quite tempting me indeed but for me the reality is far from it that although i did trading but i don't dare to became an full time trader for it because trading is unpredictable jobs which is too risky for me especially when downtrend happened there always be difficult to get profit from it and if i only counting on my trading profit then probably i could not able to feeds my family because to get daily profit it was very hard to do so

[TheUltraElite]

That's not a curse, but rather if you're not having success no matter how hardworking are you. Probably you've been cursed unto something deeply spiritual and cannot be associated with trading. Full time trading is a serious and financially driven matter, and we really need to focus on this. Every time we fail don't expect any bad things linked to it, it's our fault and without having enough skills is the main reason why we failed so we need to learn from that lessons.

Lets stop being illogical here. There is no such things as a curse, but a bad streak can happen to anybody who is trading for any period of time. People may not make mistakes but circumstances go against them. We humans have the tendency to not take things straight but put in spiritual context wherever we deem fit.

There is only practice that is needed for a trader and a strong mindset. Being superstitious makes a trader weak and fallacious. Be diligent in what you put your money in and you should be good.

[Clemcout]

I recently started to trade cryptos full time after I got sacked from my regular job. But, it is very difficult to finish up a day in profits. I am already I have lost almost 10% of my initial capital (which is a small compensation from my previous job). Now, I plan to go back to any regular job by keeping crypto trading as a part timer.

Being a full time trader, has not worked for me too.

[btc_angela]

I recently started to trade cryptos full time after I got sacked from my regular job. But, it is very difficult to finish up a day in profits. I am already I have lost almost 10% of my initial capital (which is a small compensation from my previous job). Now, I plan to go back to any regular job by keeping crypto trading as a part timer.

Being a full time trader, has not worked for me too.

Good. It only proves majority of people here are suggesting. That crypto trading is not a replacement for a regular 9-5 full time job because of the risk involved. So I do hope you can get back in time and find a full time job that will bring food for your family and not just rely on crypto trading.

Market is very volatile so I will never quit my job to go full time in trading. There's no fixed profit in trading. For me it is more like an investment because it has risks. You can't just decide impulsively because market is looking good for you right now.

Exactly, there's no way in the world that I will quit my job just because I'm earning decent in crypto trading. Remember we need consistent flow of money, to pay our bills and bring food in the table. Let's say keep crypto trading in a side to generate extra money.

[guoyu78]

I recently started to trade cryptos full time after I got sacked from my regular job. But, it is very difficult to finish up a day in profits. I am already I have lost almost 10% of my initial capital (which is a small compensation from my previous job). Now, I plan to go back to any regular job by keeping crypto trading as a part timer.

Funny yet a big truth, that's not for everyone. As much as I know that we all would like to sit at home sipping juice and earning income, but it's not as easy as you think. And I'm not going to do it because others are doing it. If you're reading this, don't just quit your job because you think the money you're being paid at work is not enough, you can still get another job as ask for an increase, something you believe you're worth. And if you want to go full-time trading, you should consider the risks that are involved and know whether it is something you can deal and if yes, then go ahead and if not, then it's best to keep it as a side job.

Remember we need consistent flow of money, to pay our bills and bring food in the table. Let's say keep crypto trading in a side to generate extra money.

Consistency is the exact thing which is missing out in the results of crypto trading (I do believe in every type of trading too). When we are completely depending on crypto trading for living which will put more pressure on our performance and it is proven that no one could make good decisions under pressure.

[Jating]

Consistency is the exact thing which is missing out in the results of crypto trading (I do believe in every type of trading too). When we are completely depending on crypto trading for living which will put more pressure on our performance and it is proven that no one could make good decisions under pressure.

That is right, consistency is a word not present in crypto trading,  . A lot of ups and downs so it's really hard for anyone to really depend on crypto trading as means to survived. You need to find a good and stable job and then continue to save enough money so that if you really decided to quit and focus on your crypto trading, you have enough leeway and will not be forced or pressure to make money day in day out.

Probably in the line of 6 months to a year basket in your saving would be a good start. However, for those who have quit their job, I'm sure that they are on a struggle specially in 2018 wherein we saw the start of the bearish trend and up to this point I would say we are still specially altcoin market.

[peter0425]

Market is very volatile so I will never quit my job to go full time in trading. There's no fixed profit in trading. For me it is more like an investment because it has risks. You can't just decide impulsively because market is looking good for you right now.

like me where still undergoing real work, so I have a steady income every month and at least be able to meet daily needs. while the results of trading can I reinvest to support a better future. but indeed we must be clever to divide the time so that both can run well, in this way, I feel comfortable trading

I believe that those who can live with trading are those people who had a lot of experience and has a big knowledge about trading as we all knew how risky this part of crypto profiting yet many is eager to engage

For me it’s better to have a real work,than to be a full time trader.i can also check my trading situation while in office in work time so what do I need to lose?

I gain enough income from work to support my family and do also my trading and crypto investing at the same time

[btc_angela]

Remember we need consistent flow of money, to pay our bills and bring food in the table. Let's say keep crypto trading in a side to generate extra money.

Consistency is the exact thing which is missing out in the results of crypto trading (I do believe in every type of trading too). When we are completely depending on crypto trading for living which will put more pressure on our performance and it is proven that no one could make good decisions under pressure.

True and that is very hard to accomplished in a market that is very unpredictable. And you don't want to put yourself in that situation because of the pressures of making money every day so that you can just feed your family. Does anyone knows what happen to those 'allegedly" who quit their job to focus on crypto? Right, we haven't heard about anything because they could have been in bad situation today.

[adzino]

Why would someone want to replace his full time job? You see, people can make money from trading and in some cases they make more money than their jobs. I know it sounds cool but you are forgetting one thing. Trading has risks associated with it. You can lose everything you have in just few seconds. Moreover there are no guarantee of making money every trade. But your job you are working on gives you a steady flow of income and has no risk associated with it.

[maydna]

Remember we need consistent flow of money, to pay our bills and bring food in the table. Let's say keep crypto trading in a side to generate extra money.

Consistency is the exact thing which is missing out in the results of crypto trading (I do believe in every type of trading too). When we are completely depending on crypto trading for living which will put more pressure on our performance and it is proven that no one could make good decisions under pressure.

True and that is very hard to accomplished in a market that is very unpredictable. And you don't want to put yourself in that situation because of the pressures of making money every day so that you can just feed your family. Does anyone knows what happen to those 'allegedly" who quit their job to focus on crypto? Right, we haven't heard about anything because they could have been in bad situation today.

Yes, full-time trading will need a big effort to make a profit because not every day we can make those profit. Sometime we will feel it's too difficult to make a profit although we are trying with hard. But in the other time, we feel that we can make a profit at any time we trade and that profit will bigger than usual.

We don't know-how about people who decide to do full-time trading because they don't tell the story. But every people will have their best time and bad time, and that will depend on how we can prevent the bad time that can occur in anytime.

[jossiel]

Having multiple income streams is good and I can go full time if I want with trading but my skill isn't enough so I can say that I'm still far from being full time. And even I can tell that I'm already good in trading and can make more than my daily job.

I wouldn't give it up, as long as I'm able to receive salary with daily job I'm good with that. I have plenty of spare time which I can dedicate for trading. But once when I get exhausted with my job that would change everything and if I can finally settle with trading and having stable profit with other source of income through investments and businesses, I think I'll go full time if time permits.

[Jating]

I wouldn't give it up, as long as I'm able to receive salary with daily job I'm good with that. I have plenty of spare time which I can dedicate for trading. But once when I get exhausted with my job that would change everything and if I can finally settle with trading and having stable profit with other source of income through investments and businesses, I think I'll go full time if time permits.

Good luck if you ever decide to go full time in trading. But as I have said before, you should have enough savings for like 6 months to a year so that when crypto trading didn't bring you the needed income to survived, still you have money to spare and not be totally depended on it.

Personally, as much as I wanted to go full time trading, I can't because I'm afraid that it will take so much of my time just to be able to make a decent profit. So it will be a difficult decision, but if you think you are ready then by all means, get into crypto trading.

[kennen1113]

Why would someone want to replace his full time job? You see, people can make money from trading and in some cases they make more money than their jobs. I know it sounds cool but you are forgetting one thing. Trading has risks associated with it. You can lose everything you have in just few seconds. Moreover there are no guarantee of making money every trade. But your job you are working on gives you a steady flow of income and has no risk associated with it.

Agree, completely replacing our work with a full-time trading activity, it's really too risky and even a waste because as you say, this job seems quite interesting and we will make a lot of money but this life will not be as we expected, when we have considered it a full-time job, the pressure on the work process is huge, and we all know the danger in this work, mistakes can always make us lose. And we should know that this market is always very random, full-time use is not useful, participating correctly and at the right time, and having free time we should continue a stable job, it will be better

[lixer]

I recently started to trade cryptos full time after I got sacked from my regular job. But, it is very difficult to finish up a day in profits. I am already I have lost almost 10% of my initial capital (which is a small compensation from my previous job). Now, I plan to go back to any regular job by keeping crypto trading as a part timer.

Being a full time trader, has not worked for me too.

Being a full time trader requires lots dedication, and you also must have gained lots of experiences and we know that the best teacher is experience, from experience, you would have had some failures and done lots of research to see how to tackle such failure in future and one of them is what has happened to you, as you have lost 10 percent of your trade, then you have to look back into your activities and see exactly where you got it wrong then look for another strategy you can use to correct it by trading with same amount through the demo traders, and that is how you become a full time trader, but you decision is still right to look for another job while you make it a part time job, you will still be able to make money through that also.

[jossiel]

I wouldn't give it up, as long as I'm able to receive salary with daily job I'm good with that. I have plenty of spare time which I can dedicate for trading. But once when I get exhausted with my job that would change everything and if I can finally settle with trading and having stable profit with other source of income through investments and businesses, I think I'll go full time if time permits.

Good luck if you ever decide to go full time in trading. But as I have said before, you should have enough savings for like 6 months to a year so that when crypto trading didn't bring you the needed income to survived, still you have money to spare and not be totally depended on it.

Personally, as much as I wanted to go full time trading, I can't because I'm afraid that it will take so much of my time just to be able to make a decent profit. So it will be a difficult decision, but if you think you are ready then by all means, get into crypto trading.

Not for now but who knows even I, don't know if this time will come or not. I understand that strategy of stacking up savings first and I have my plan of getting more than that before giving up my job but as I've said, even I reach to that point of I have had enough savings it still depends on the situation.

Trading takes time and that's why most full time traders has to monitor their trades. Missing every single run or a small and quick run will lose them a lot of money.