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Author Topic: Is trading an occupation?  (Read 1108 times)
isaac_clarke22
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April 05, 2021, 02:49:41 PM
 #41

Let us define what occupation is.
"a job or profession."
Now what is a job?
"a task or piece of work, especially one that is paid."

In trading, you get paid from selling. Technically, yes it is an occupation. In fact there are number of people, like you mentioned, quitting their jobs to do full-time trading. However it is risky for obvious reasons that market is unstable.


Quick references:
https://www.google.com/search?q=occupation
https://www.google.com/search?q=job
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April 05, 2021, 05:46:32 PM
 #42

In general, job can be defined as maintaining schedule with punctual for which you will be paid. Basically, occupation means you are a job holder or you have a profession. Anything can be your passion and profession which you love to. If you feel, you can make a better life through trading, then you can choose it and try to compromise with your job. If you considered trading as your profession, it can be considered as your occupation.

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April 05, 2021, 06:54:56 PM
 #43

I think trading is not gambling because if someone can learn details about trading and analyze better to find the time to enter the market, he uses his skills to trade and makes money. It is normal to see some religion against trading and say that trading is the same as gambling. But if they can open their minds about what is needed to be a pro trader and know that the trader does not just play with their intuition, but the trader will also use their skills to work, I think they will not say trading is gambling.

But we can not blame those who say trading is gambling because they are not involved in the trading itself and only see from the outside. People who use trading as their source of income need to have skills to make a profit and minimize the risk.
That's true, trading is not gambling. In trading world you can learn to be a great trader and you can make money on any direction, and that is why it is better. In gambling house edge makes sure that you lose, there is no scenario in gambling where you win in long term because house always wins, in the end trading is miles better because it could be offering something that we can't see in gambling which is being decentralized, in gambling there is house but in trading it is just you and the person you buy from and one of you made a good decision.

So long story short, I do agree that trading could be a job if you know what you are doing, it is a risky and difficult job and unlike many other jobs you do not have a guaranteed income and in fact you could lose money while doing it, so it is not like a salary but it is still a lot better than gambling for sure.

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April 05, 2021, 11:21:04 PM
 #44

In general, job can be defined as maintaining schedule with punctual for which you will be paid. Basically, occupation means you are a job holder or you have a profession. Anything can be your passion and profession which you love to. If you feel, you can make a better life through trading, then you can choose it and try to compromise with your job. If you considered trading as your profession, it can be considered as your occupation.
Either it is an occupation or not, whatever people say about trading, as long as we are good about it and can help us to make money, that be fine. Never tells that you are a trader if someone asks you what is your profession coz that will only confuse them and might ask you how you do that? And might saying...wow!!!

That probably amazes them because only a few people get success and have that gift, it is really proud to become like that. Cheesy

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April 05, 2021, 11:28:17 PM
 #45

In general, job can be defined as maintaining schedule with punctual for which you will be paid. Basically, occupation means you are a job holder or you have a profession. Anything can be your passion and profession which you love to. If you feel, you can make a better life through trading, then you can choose it and try to compromise with your job. If you considered trading as your profession, it can be considered as your occupation.
Either it is an occupation or not, whatever people say about trading, as long as we are good about it and can help us to make money, that be fine. Never tells that you are a trader if someone asks you what is your profession coz that will only confuse them and might ask you how you do that? And might saying...wow!!!

That probably amazes them because only a few people get success and have that gift, it is really proud to become like that. Cheesy
Yes, I live in a remote area where people are very confused about many things and trading is one of them. By the way, I tried to make them understand several times but I failed then I stop it and finding my own way. I need to make money from trading and I am doing it and trying continuously.

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April 05, 2021, 11:30:31 PM
 #46

Well, yes that is considered an occupation if you are in day trading or full-time trader --but for me, I cant treat this as an occupation because I cannot able to trade as a day trader. This is a very risky occupation and a sort of gambling that sometimes was based on your luck. I have seen a thread here before asking most likely the same question on this OP, saying, trading is considered a source of income. It is really hard to decide because we have different perspectives view on it. But for me, I rather good if I will find a stable job that provides me a stable income at the end of the month.

So what's the difference between trading and working? whereas to trade is a verb.
You're right, we have a different point of view. So everything that is traded is crypto or other than crypto, all of them have different risks but with the same purpose.
We do have indeed a different view into things which we can really see different sentiment that comes from other people but its true that they do have different risk
but having the same purpose which is to get money or having an income.We are all aiming for the same target, we do have just able to make it on different manner.
For someone who do make out trading as a main source of income or making it as a main job then it can be considered as a occupation or even into something
that you do have the passion to do or go in full time.

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April 06, 2021, 05:31:37 AM
 #47

I think trading is a profession and it appeared a long time ago, before the cryptocurrency market there were a lot of people trading on the Gold and stock markets.
However, this is a profession that requires a lot of things, you need to have experience, knowledge, skills and always learn.

Many people mistakes trading for gambling, although they have some similarities which has to do with speculating (making prediction), still that of trading is different since it can be duplicated in the sense that, provided it has happened before, there's a chance it'll repeat itself again which is why it's said the market moves in circles.

We have the bear, that has to do with the price dumping and we have the accumulating stages that involves the market recovering then the bull which comes with spikes and project achieving new all time highs. If the charts are studies careful any professional traders would be able to spot this phases when they're about to start.

Bit that of gambling mainly has to do with guess works, and hopes of it playing to your favour.

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April 06, 2021, 06:13:45 AM
 #48

I think trading is also a profession. Such experience and knowledge is required to do the job. In order to trade, you need to have experience and knowledge about trading. Trading is more risky than a job, if you don't have trading skills you will end your trading journey very quickly at a loss. I saw a lot of traders who thought trading was like gambling and they started trading with the idea of ​​making a quick profit.

But it didn't take long for them to realize that their thinking was wrong, because they lost their capital so quickly. So I think you have to think of trading as a profession and read a lot about trading to develop your skills.

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April 06, 2021, 07:06:09 AM
 #49

I think trading is not gambling because if someone can learn details about trading and analyze better to find the time to enter the market, he uses his skills to trade and makes money. It is normal to see some religion against trading and say that trading is the same as gambling. But if they can open their minds about what is needed to be a pro trader and know that the trader does not just play with their intuition, but the trader will also use their skills to work, I think they will not say trading is gambling.

But we can not blame those who say trading is gambling because they are not involved in the trading itself and only see from the outside. People who use trading as their source of income need to have skills to make a profit and minimize the risk.
That's true, trading is not gambling. In trading world you can learn to be a great trader and you can make money on any direction, and that is why it is better. In gambling house edge makes sure that you lose, there is no scenario in gambling where you win in long term because house always wins, in the end trading is miles better because it could be offering something that we can't see in gambling which is being decentralized, in gambling there is house but in trading it is just you and the person you buy from and one of you made a good decision.

So long story short, I do agree that trading could be a job if you know what you are doing, it is a risky and difficult job and unlike many other jobs you do not have a guaranteed income and in fact you could lose money while doing it, so it is not like a salary but it is still a lot better than gambling for sure.
I feel better using trading as my occupation than using gambling for the occupation because I see the potential to make money bigger from trading than gambling. No matter if learning trading is not easy, I am willing to spend some time learning many things related to trading so I can have a chance to improve my trading skills. If I can master just 3 methods of the lesson of trading, I think that can bring me to have more opportunities to make a profit.

I know that the market situations will not always be the same day by day, but if I can learn hard about trading, I can adapt myself to analyze the market moves, and I will have the opportunity to know which coin will give me profit later.

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April 06, 2021, 01:28:03 PM
 #50

I think trading is also a profession. Such experience and knowledge is required to do the job. In order to trade, you need to have experience and knowledge about trading. Trading is more risky than a job, if you don't have trading skills you will end your trading journey very quickly at a loss. I saw a lot of traders who thought trading was like gambling and they started trading with the idea of ​​making a quick profit.

But it didn't take long for them to realize that their thinking was wrong, because they lost their capital so quickly. So I think you have to think of trading as a profession and read a lot about trading to develop your skills.

- Only when we take trading seriously, it will become a profession, a job to make money and we automatically progress more in trading one way or another but it is clear as you say that the level of awareness of trading work is probably not too high when the attitudes of many people are still quite naive and indifferent to work. Every job has small risks or big risks, trading belongs to jobs with big risks, development is also fast and when we lack updating and investing time in work, risk will arise and as a result of this process, many people quit their jobs


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April 06, 2021, 02:24:26 PM
 #51

I think trading is also a profession. Such experience and knowledge is required to do the job. In order to trade, you need to have experience and knowledge about trading. Trading is more risky than a job, if you don't have trading skills you will end your trading journey very quickly at a loss. I saw a lot of traders who thought trading was like gambling and they started trading with the idea of ​​making a quick profit.

But it didn't take long for them to realize that their thinking was wrong, because they lost their capital so quickly. So I think you have to think of trading as a profession and read a lot about trading to develop your skills.

Well, I also believed that trading was a profession because if you will define profession it is a paid occupation founded by trading and proper qualification in which can be compared with trading where you must have fully trained and have enough experience to be called "professional trader". However, I don't think trading is riskier than a regular job because it is all risky in its own way it couldn't be compared because it depends on the situation you were in. To be honest I don't really care if trading is a job or not because as long as you are good at it and having enough income with that is all matters.
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April 06, 2021, 02:30:18 PM
 #52

As long as you earn money on it, it is called "Occupation" or "profession" in other terms. The only thing that change is that you're a "self-employed" and not "employed" since you didn't apply to an employer, simple as that. Many people quit their actual job even their passion and do trading cryptocurrency instead because it's more practical than doing your passion but can't feed yourself or even your family.

Especially in this time of survival of the fittest, you always need to be practical to survive this pandemic or else you're gonna die starving if yoy didn't die on the virus.

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April 06, 2021, 03:32:28 PM
 #53

Trading isn’t occupation for most people. But, some people take it as their occupation. Some traders gained so much knowledge in cryptocurrency trading. Some of them take it as their occupation. From my site, Trading Isn't my occupation but i do it for making some profit.
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April 06, 2021, 03:34:40 PM
 #54

I know of so many who dropped their jobs to take up trading as a life time carrier despite the volatility of the market. A whole lot made hudge fortune from the market. So many made what the have never achieved throughout their life time in office jobs in few trades. Some other set abandoned their jobs and took up a carrier in trading mentorship. This has brought hudge fortune to traders who understand their market analysis at large.

Would trading be called an occupation if this be the case. I ask because I see a whole lot of persons who see trading as gambling and even discourage prospective traders not to venture into such. Is trading really gambling or does it in any way have similarities with gambling. This part has to be clearified because it is really bringing heavy argument in our society.

Serious trading requires time, effort and hard work to learn and has nothing to do with gambling.  It's a profession which isn't coming easy and a lot of people never turn consistently profitable no matter how hard they try.  The problem is, that the gamblers, the get-quick-rich guys and the scammers define the picture the society has about traders.
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April 06, 2021, 04:11:20 PM
 #55

I know of so many who dropped their jobs to take up trading as a life time carrier despite the volatility of the market. A whole lot made hudge fortune from the market. So many made what the have never achieved throughout their life time in office jobs in few trades. Some other set abandoned their jobs and took up a carrier in trading mentorship. This has brought hudge fortune to traders who understand their market analysis at large.

Would trading be called an occupation if this be the case. I ask because I see a whole lot of persons who see trading as gambling and even discourage prospective traders not to venture into such. Is trading really gambling or does it in any way have similarities with gambling. This part has to be clearified because it is really bringing heavy argument in our society.

Most religious bodies still kick against trading with the view that it is a form of gambling that has 60% certainty if traded with caution. But if the certainty is above average then why do we still regard it as gambling?

From: https://www.ig.com/en/cryptocurrency-trading/what-is-cryptocurrency-trading-how-does-it-work

We could define crypto currency trading as follows:
Cryptocurrency trading involves speculating on price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.

What could we deduce from this. Could there be a contrary view. Because for me crypto trading can be classified as an occupation in at this point of the world's evolution especially in underdeveloped and developing nation's where unemployment is hitting the peak of the day. Crypto trading could be an alternate source of lively hood which could payoff most of the bills some highly paid jobs can not attempt to clear off. This post isn't meant to discourage you from your job. It's only an eye opener. Crypto trading can still serve as a side hustle to settle bills before the arrival of our large salaries.

For me trading is also an occupation because you can use it to earn and not just as an alternative but you can focus on it if you want. You just need to learn and educate yourself first before entering or making it as your occupation. And of course be sure that you have a huge capital to start. I don't agree that trading is gambling. In the old days people did not use money instead they traded with the things they had. It means even before trading is already present, but unlike nowadays that we use cryptocurrency instead of things or goods to trade. Sometimes, Religious group are very exaggerated. On their eyes and views making money using crypto are gambling but you know some of them are also investing in crypto, right?!

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imstillthebest
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April 06, 2021, 04:25:55 PM
 #56

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Crypto trading could be an alternate source of lively hood which could payoff most of the bills some highly paid jobs can not attempt to clear off.
your working in a high paying jobs and you cant pay bills but what kind of bill was that  .
normal bills that we found on our house hold is easily paid by a normal paying job .
we need to live a life acording to our status to be able to pay our bills easily but if we want a little luxury and our job pays small , we can add trading to support it
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April 06, 2021, 06:08:24 PM
 #57

I believe it is an occupation.  Let it trade online and offline it must work, much like a business. Most people in Lockheed choose to trade as an occupation. We are earning income through trade, whether it is more or less. In addition to the actual work, we are using it as a bypass. So what's wrong with calling it an occupation?

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April 07, 2021, 03:47:22 AM
 #58

Trading is very open to everyone whether you are professional or not. Because in my case I am not a degree holder and yet after 1 year of studying crypto trading anyhow I gained understanding about it, even up the present I continuous to learn from it, because the more we do the actual trade is the more We feed ourselves in idea and knowledge about this matter. And I'm not an employee at the moment for 6 years now and yet I survive via crypto trading now.
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April 07, 2021, 04:49:09 AM
 #59

Trading can possible becomes an occupation there are a lot of YouTubers doing this kind of thing and they are sharing those to the groups and more social media sites and good to see that but I think it requires a lot of investment like $3000 or more when starting trading if you want to earn a large profit you need to risk a large amount too.

I still choose having a stable job because what if the market volatility becomes low also it's better to secure anything and choose to trade as a hobby
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April 07, 2021, 05:05:15 AM
 #60

For me yes. Trading can be considered as an occupation because there are certain requirements to be a trader and there is profit involve plus there are already tons of people who are happily sitting on their couch earning more money than other people who work in the corporate industry. But always remember that trading is not for everyone, there is more nonprofitable trader than profitable traders.

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