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Author Topic: Trading is new occupation  (Read 648 times)
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October 15, 2020, 06:48:42 PM
 #1

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how
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October 15, 2020, 06:53:51 PM
 #2

Since capitalism (~1700ad) it's been a job afaik.

Banks are traders too essentially and people like Warren buffet have claimed to make 50%+ interest a year when he had a small <1m fund and there's normally always something that grows well that's not been noticed yet if you were to keep a look out afaik.

It does look like an easier way to enter though than stocks (the lack of kyc is quite nice too).

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October 15, 2020, 07:08:27 PM
 #3

Trading isn't a new occupation, an occupation on simple terms is a role in the society such as paying taxes for economic growth which you can barely find in cryptocurrency trading. Also an occupation is a profession, a job where you can get paid to earn money while trading is a risk though a trader has bee trading for a very long time, still he's not sure of what will be the market looks like in the next hour, in short he's earning through pure speculation.

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October 15, 2020, 07:44:22 PM
 #4

Trading isn't a new occupation, an occupation on simple terms is a role in the society such as paying taxes for economic growth which you can barely find in cryptocurrency trading. Also an occupation is a profession, a job where you can get paid to earn money while trading is a risk though a trader has bee trading for a very long time, still he's not sure of what will be the market looks like in the next hour, in short he's earning through pure speculation.
Main difference between the two;

-In trading you indeed risk capital, on having a job or occupation does not.
-Working place difference
-Stress level

Some said its an occupation now then its better not to argue with this one because it can or cant be recognized a one.
Thing here is that people do really make money out of it or even relying on day to day living.

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October 15, 2020, 09:22:43 PM
 #5

If you think you can earn money day after day you can actually call that a job I suppose. Maybe those guys you know knows how to handle the risks and careful managing their trading strategy, it's a good thing but since this isn't permanent the risks are still their lying and it may call unprecedentedly. Indeed we can say people see it as a job but not all are successful in this venture only few have got into the fortune of trading.

I don't know the real secrets of it but definitely it's patience and not faltering from those mistakes you made in the past doing some trades instead taking it as a lesson. They say "failures are part of success". It may not be called a job if at the halfway you quitted.

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October 15, 2020, 09:50:26 PM
 #6

How people will work if they are going to lose something in the end?
Trading is far to become a job because you need to invest and it depends in your move if how you can make a profit.

A job should be stable with salary(Bi-weekly or monthly.) it's different on trading.
Trading is more likely the same as business because you invest and make profit but business is way more practical option because if you success in business your profit may become stable unlike trading.

Trading is only good as a hobby or sideline to make an extra profit but don't focus on this if you are looking for a living you must focus on looking for a real job and make trading as your another source of profit but it's not 100% that you will always make a profit it's still depends in your strategy.


Maybe there are some people who can live with trading and treat it as a job but I think those people already have many experience and big investments in trading where they can trade even a small movement of the price. So if you don't have such a big amount you can't able to make a good profit in the short period of time and it may even lead to losses(from fees as sample).

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October 15, 2020, 09:56:37 PM
 #7

How people will work if they are going to lose something in the end?
Trading is far to become a job because you need to invest and it depends in your move if how you can make a profit.

A job should be stable with salary(Bi-weekly or monthly.) it's different on trading.
Trading is more likely the same as business because you invest and make profit but business is way more practical option because if you success in business your profit may become stable unlike trading.

Trading is only good as a hobby or sideline to make an extra profit but don't focus on this if you are looking for a living you must focus on looking for a real job and make trading as your another source of profit but it's not 100% that you will always make a profit it's still depends in your strategy.


Maybe there are some people who can live with trading and treat it as a job but I think those people already have many experience and big investments in trading where they can trade even a small movement of the price. So if you don't have such a big amount you can't able to make a good profit in the short period of time and it may even lead to losses(from fees as sample).



I Don't know but I seen people who do trading as Job and all with leverage.
I guess the profit margin is so good then the losses Don't scare them.
But sure Long years of experince
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October 15, 2020, 10:10:02 PM
 #8

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how
^ Nah, I am not considering this as a new occupation.
Trading is a sort of gambling that anytime soon you will unlikely loss, that means that you are risking your money instead of making it grow. Occupation for me it is a kind of job that requires my skills and knowledge without spending or risking money. But trading is far different from what I am talking about, you need to risk your money just to earn a few bucks, I don't think that is what you called an occupation which is completely not of me. Nevertheless, we have a different perspective view in lifestyle. If you think that it is enough for you, you can do that thing.

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October 15, 2020, 10:47:16 PM
 #9

I know lots of peoples they are a full-time crypto trader. It's hard to say that they are only talking about crypto and the influence of crypto. a few days ago called him to met and he always tries to teach me more and more about crypto trading. Even they earn more than expected. Even in our country 1st rated govt. holder salary is lower than their earnings.

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October 15, 2020, 10:49:25 PM
 #10

In stocks, there are people who are living well off with trading in that market. Before the arrival of cryptocurrencies, everyone has already seen this opportunity and can be a career. But to tell you, this is one of the hardest jobs and sources of living if you decide to be one.

Ask those people you've known how their life is. They may say that it's easy because they're already aware of what to do. But ask how they became a day trader, they have a lot of a hard time going at the top and be familiar with strategies and learning the charts.

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October 15, 2020, 11:01:18 PM
 #11

An occupation by layman terms can also consider as a job and profession. Since trading is here for a long-time now, then it's not a new occupation. There are lots of people already who take it as a profession (that's why there are professional traders).

I can't rely on trading to make a living as I want all my trading funds just be intact with trading purposes.

If there are people who make living from trading, then I'm happy for them.


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October 15, 2020, 11:06:44 PM
 #12

An occupation by layman terms can also consider as a job and profession. Since trading is here for a long-time now, then it's not a new occupation. There are lots of people already who take it as a profession (that's why there are professional traders).

I can't rely on trading to make a living as I want all my trading funds just be intact with trading purposes.

If there are people who make living from trading, then I'm happy for them.
For sure there are people who do make trading as a main source of income for their living.We know its possible but this wont really just fit out to anyone.
Being profitable or sustainable in training isnt something that anybody can able to do so.It is indeed considered as a occupation but not literally since
if we do compare it on a day stable job or profession then i dont consider for it to be included into the criteria but since they had been on the market for a while now
then it will be considered as new occupation.Its no point to make argumentation about it because as long people do make money then it will really fit out into that category.

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October 15, 2020, 11:16:50 PM
 #13


I'm sure you were wrong, trading is around for a long time, and cryptocurrencies are only just added to traded items.
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October 15, 2020, 11:21:25 PM
 #14

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how
You just have to look at threads way back 2017 and early 2018, others quit their job and focus on crypto trading because they are making more money. But that completely chance when we enter the bear market. So yes it could be a new type of occupation, but there are big risk as well. You can't really say how much you are going to earn. And then you have capital to begin with, huge capital so that you can make huge profit as well. So it's going to be very difficult to say that crypto trading could bring food in the table for your family 24x7x365.

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October 15, 2020, 11:39:59 PM
 #15


If there are people who make living from trading, then I'm happy for them.

Many people keep making profit in trading. More are learning it. I think the reason is that job promises are failing and this is why people are taking to trading for a long time before crypto emergence but now the number is increasing by the day. Businesses have come into the internet, many are adopting the trade.

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October 15, 2020, 11:46:30 PM
 #16

Since the pitch traders who have actively traded the stock shares, the trading is considered as a serious full-time job. The life of a trader is hard, stressful, and full of problems. The daily life and work balance is the most important thing for making a profit from trading and controlling your mental health. Mastering yourself can lead to swing trading, after learning the trading as a part-time job jumping to full-time trading is acceptable in the finance world. This is for traders who control their own capital, hedge fund managers live with making huge bonuses.
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October 15, 2020, 11:55:54 PM
 #17


If there are people who make living from trading, then I'm happy for them.

Many people keep making profit in trading. More are learning it. I think the reason is that job promises are failing and this is why people are taking to trading for a long time before crypto emergence but now the number is increasing by the day. Businesses have come into the internet, many are adopting the trade.
Trading as of this time of pandemic has given more good income to people particularly for those who have been unemployed and so they resort into trading for an income. Trading might not be considered an occupation because of its high risks but the fact that skilled people are gaining good profits from it has made other people think that it can be a good occupation too.




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October 16, 2020, 12:30:47 AM
 #18

How can you think that trading is a new occupation?
trading has been around since a long time ago, it's just not very well known among the public, but since there was a pandemic and many people were forced to be at home, they tried to do new things to get money and finally tried trading, but trading is not a new occupation because trading is full of risks and not everyone can trade especially cryptocurrency trading.

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October 16, 2020, 12:54:38 AM
 #19

How can you think that trading is a new occupation?
trading has been around since a long time ago, it's just not very well known among the public, but since there was a pandemic and many people were forced to be at home, they tried to do new things to get money and finally tried trading, but trading is not a new occupation because trading is full of risks and not everyone can trade especially cryptocurrency trading.



When you rob bank you also have risk right? 🤣
No risk no rewards
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October 16, 2020, 01:17:18 AM
 #20

How can you think that trading is a new occupation?
trading has been around since a long time ago, it's just not very well known among the public, but since there was a pandemic and many people were forced to be at home, they tried to do new things to get money and finally tried trading, but trading is not a new occupation because trading is full of risks and not everyone can trade especially cryptocurrency trading.



When you rob bank you also have risk right? 🤣
No risk no rewards

Robbing a bank is not a job. Its a crime dude. A job/occupation is a paid position of regular employment. You are working without the risk of losing money on the other side. Those at home trader is not an occupation because they are not employed to anyone and also they are gambling there money on trading. Trading is a profession and not a job.

There's a scenario that trading can be a job. It's when they are fund manager of certain financial company. There job is to trade other people money.

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