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Author Topic: Trading is new occupation  (Read 690 times)
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October 16, 2020, 01:40:37 AM
 #21

if they know how to trade theyd be profitable and there is nothing wrong to it. there really are people doing it but its not for all. having 1000USD is enough to earn but you must be very good at it. 

trading has better chance of succeess than the success in robbing banks.









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October 16, 2020, 02:17:40 AM
 #22

Yeah it can be but depend on the trader itself, for new trader who just came for at least three months I don't think that is a good way to be made as a source income, you may need another income to meet your daily life. This is happen to me who decide to be a full time trader because I was dismissed in my work before. And I feel for new trader is not worth if you just rely on it.

There is many risk that you will be faced, the passive income maybe will come when you are an expert in this field and maybe it will takes three years to achieve it. New trader will only focus on how he must maintain the capital they spend, not to make a profit. Whereas when he gets a profit maybe it is just a bonus to gain confidence when they enter the market.
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October 16, 2020, 05:35:25 AM
 #23

Trading is like a investment platform,you can do it as like a business.You should have some capital money to inverse in it.And analysis of the market is very important or else you will lose which you had invested in trading.It doesn't mean,you will loss the entire investment.You only face a percentage of loss,if you are not stay updated.Updation is a needed one in trading.

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October 16, 2020, 07:03:56 AM
 #24

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
 

 Does that 2 persons living a good life now as a full time crypto trader? What type of trader are they? Margin trader, swing, day trader?
 Honestly, even the most experienced trader fall from trading. That is why, I  don't wanna rely only and not considering my profits in trading as my stable income because risks are always taken place in a volatile crypto market.
 
 I am trading while having a full time job, but we have diffedent point of views and decisions. Good for them if they constantly gaining profits that will provide their financial needs but I am not that too confident yet to be a full time trader and give up my stable job.
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October 16, 2020, 07:12:16 AM
 #25

Many people who have skills in trading decide to use trading as their main job. I believe that they can have the opportunity to make money from trading and fill their daily needs from trading. That is why many people attract the trading business because they think that if they start trading, they will make a lot of money. That will not be easy because they need to learn step by step the trading lesson before they can be a pro trader. The lesson will not just come from one source, but it will be searching for the other sources to improve our skills in analyzing the market.
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October 16, 2020, 07:29:44 AM
 #26

What trading are we talking here? Is it crypto trading? if yes then yeah trading crypto is the new way to earn without leaving in your home and by just using browser and internet connection the difference of trading into some other source of income is you need a portion of your money to start and this also called an investment you buy share then sell for profit but you need skills to become a successful trader you need to learn and learn and apply it if you trade without having some knowledge you might lose your money very quickly, its profitable but risky.

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October 16, 2020, 08:57:36 AM
 #27

In these hard times as most of us become jobless, staying at home, and have nothing to do it can be considered as an opportunity, not an occupation IMHO. The risk that involves in trading makes every trader feel some worries when the market correction comes. And I don't think that they keep their position if the pandemic is over, it for sure many traders will find a job that has less risk/ or nothing.

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October 16, 2020, 09:21:17 AM
 #28

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.
at some point money is a speculation we should work and get products and services not money, indeed about taxes you are totally right, but lot of traders are bloggers so then they have an occupation
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October 16, 2020, 10:13:29 AM
 #29

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).
Ever since the barter system time I think they are technically trading. I have read a concept where monarchs were investing in sailors who are going to explore new lands, so technically ever since the quest for lands there have been traders although most of them are long term.

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October 16, 2020, 11:25:20 AM
Last edit: October 16, 2020, 12:02:50 PM by DeadCoin
 #30

it depends upon the trading choices suchlike online trading, actually, it is also a highly recommended and it would be an innovative way for us to overcome poverty, one thing, it is a new in-demand occupation during this crisis, and besides this, for our basic needs, a little bit of profit is important.
if everyone agrees with the safety measure like digital transactions we can be sure we will reduce the number of people suffering now because you can live even at home. Actually, It's all about time for testing our talent on how to spike.
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October 16, 2020, 11:56:58 AM
 #31

Since capitalism (~1700ad) it's been a job afaik.
Ever since the barter system time I think they are technically trading.

woah history talks , thanks for taking me back in time . trading isnt new but trading has been abandoned by many people by the time they found another stable and easy jobs but its all ruined by the pandemic caused by covid 19 . we all know that people now are instructed to stay at home . by this , people know think that what if they start doing trades again but this time its not the usual trade like forex , stocks but the new trade craze now was in cryptocurrencies .  trading is hard and trading using crypto is even more harder or risky  . treating trading as an occupation  is still not recomended  because of this reasons .
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October 16, 2020, 02:27:36 PM
 #32

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
 

 Does that 2 persons living a good life now as a full time crypto trader? What type of trader are they? Margin trader, swing, day trader?
 Honestly, even the most experienced trader fall from trading. That is why, I  don't wanna rely only and not considering my profits in trading as my stable income because risks are always taken place in a volatile crypto market.
 
 I am trading while having a full time job, but we have diffedent point of views and decisions. Good for them if they constantly gaining profits that will provide their financial needs but I am not that too confident yet to be a full time trader and give up my stable job.

For me a word occupation means you have a consistent salary twice a month or at the end of the month or even weekly salaries can be considered. I do have a full time job also and a part time trader here in crypto but i've never dreamed to give up my regular job for the seek of trading but i can't also even imagine how my life could be if i didn't trade in crypto like what was happen to the current economic crisis where most of the businesses were on bankrupt situation. I can't sacrifice my family needs that i know i can give them through my consistent monthly salary but a part time trader was a big help also for me to fulfill the other needs of our family.

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October 16, 2020, 04:39:04 PM
 #33

Of course a lot of people make money trading everyday, but it's not a new profession, people have been trading gold, dollars, stocks for many years now.
However, not everyone can become a daily trader, only the best can become a successful trader.


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October 16, 2020, 04:45:34 PM
 #34

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
Bank robbery is not a job, it is a violation of the law.
You should not compare illegal actions with transactions.
There are many people who consider trading as a profession and make a living from it, but they are very good people, because everyday trading is difficult.
I tried to be a daily trader before, but in the end I gave up on it.


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Reid
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October 16, 2020, 06:44:41 PM
 #35

Not a problem if you know what you are doing.
It can happen especially nowadays.

Staying at home without work after the lockdown but you have internet access and even just a smartphone.
Another are those working from home now which is the new normal.
There's a lot of free time but I won't still call it an occupation. It's better to stay like an extra income. Just for me.
Genemind
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October 16, 2020, 07:51:17 PM
 #36

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

As for me, trading is a way of earning crypto but we can't consider it as an occupation because it isn't permanent and it has a big risk compared to regular jobs. We're not just exerting effort to earn in trading but we also need a capital that is quite different from occupation. We also don't have a guarantee or assurance that we'll continuously earn in trading, unlike the regular salary that we gain from working.
jrrsparkles
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October 16, 2020, 09:00:07 PM
 #37

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
Trading isn't new job either crypto trading as well, both have been exists since they system created, early old age people used barter system for trading now we are using money and that is how the trading works.









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Ayiranorea
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October 16, 2020, 09:52:01 PM
 #38

Not a problem if you know what you are doing.
It can happen especially nowadays.

Staying at home without work after the lockdown but you have internet access and even just a smartphone.
Another are those working from home now which is the new normal.
There's a lot of free time but I won't still call it an occupation. It's better to stay like an extra income. Just for me.
These days it is good to be into trading of cryptocurrencies. It is always good to learn about the market and enter trading, because it has got the risk of losing. Capital investment is also a big thing with trading, but for some reason users has the choice to start with what is affordable. Another important aspect of trading, continued learning and reading the market changes which is the only way make price predictions and profit.

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October 16, 2020, 10:07:33 PM
 #39

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
Being a trader is not really a new occupation but what it is happening is that with the advent of the Internet this this is the first time in history in which you can trade all the markets of the world from your own home, before advancements on the communication technology you needed to trade on the floor of the exchange, then as technology like the telephone began to become implemented all over the world you could trade most of the big markets but there were still some inconveniences, but now trading has been made so easy that anyone can do it, however this does not mean that the difficulty of the activity itself has decreased and if anything it has increased.

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October 16, 2020, 10:17:20 PM
 #40

Good thing that your friends find crypto trading as the best place to stay (for a while)but I'm not sure if they keep on trading when the market correction comes. The market is in a good position by now, Many people come into trading this time because it is profitable but mind them if they were able to survive the risk in trading as we know that it can't be all good always. Like being said as a new occupation, could be just in a short period of time unless if they feel comfortable doing this.

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