XZERO1
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April 18, 2021, 10:00:17 AM |
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It can be an occupation and a full-time job if you're one of those 5% of traders that are making decent profit on average and over all good at it, otherwise the answer is no if you're one of the 95% that sooner or later will end up losing money.
Also keep in mind that as of now we're in a bull market, and what it means is that it's just too easy to just buy something now and make some good money a few days later, but if you want to take trading as your full-time job you have to be good at trading on bear market too, which is the real challenge and will really test out your ability at trading under real pressure while everything is mostly going down and you probably have to start learning to short coins/tokens.
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dezoel
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April 18, 2021, 11:31:00 AM |
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Depends on how much you make? I mean if you think about it, if you make good enough money that you can either keep making the same amount of money forever so that you can live with that, or even harder where you spend some of that money and you increase your capital at the same time just in case.
If you are capable of doing these things (some people are) that means it is an occupation for you, I know people who have been trading for the past 3 years, dude took 30k dollars into 2 million dollars and that is his occupation, whatever he buys he buys from his capital and still managed to increase it, he quit his job and just does this full time for the past 8 months or so as well, he was in profit before that but he is now just way too rich to go to work anyway. So there are people who can do it as occupation, but that doesn't mean that everyone can do it.
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Sinjokubhi
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Sinjokubhi
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April 20, 2021, 07:28:37 AM |
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Depends on how much you make? I mean if you think about it, if you make good enough money that you can either keep making the same amount of money forever so that you can live with that, or even harder where you spend some of that money and you increase your capital at the same time just in case.
If you are capable of doing these things (some people are) that means it is an occupation for you, I know people who have been trading for the past 3 years, dude took 30k dollars into 2 million dollars and that is his occupation, whatever he buys he buys from his capital and still managed to increase it, he quit his job and just does this full time for the past 8 months or so as well, he was in profit before that but he is now just way too rich to go to work anyway. So there are people who can do it as occupation, but that doesn't mean that everyone can do it.
Yeah, it all depends on the person. There are those who just fill their spare time to trade, there are people who make a living from trading. Of course, all of these options are yours, you want to have trading as your main job, or you just want to trade part time to fill your spare time, all options I think are equally profitable. Usually those who do it as the main job will have a daily, weekly or monthly target. Depending on how, your ability to get it. For me, as long as it's enough for my daily needs, I think it's enough, and more profits can be saved for the long term in the future. Because, if we are too chasing the target, it will not be achieved, there are times when the conditions in the market are not good, it will make it difficult for you to get profit from there. Don't push yourself too much to chase targets when you are in bad shape, both physically and mentally, it can all cause a lack of focus and confidence to make decisions, as well as emotions that are chaotic. As a worker, don't be fixated on the target, but be grateful for what you get on that day. You can start again tomorrow, don't give up if what you find is failure, it is part of your process to move forward.
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FanEagle
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April 20, 2021, 08:05:54 AM |
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if you make good enough money that you can either keep making the same amount of money forever so that you can live with that, or even harder where you spend some of that money and you increase your capital at the same time just in case.
You mean that if a trader is capable of managing their trading capital without any need of refilling it and making good returns out of it, then such traders would consider their trading activities as an occupation? I can get you and it seems a really good point. Because, when you are needing to add more funds to your trading capital then there will be no point of continuing it. You must need to do so when you are not making profits and you are booking losses. When you never need to add more money to your capital, it means you are already doing perfect and making some returns from that will not be a problem for you. In this case you can continue it as your occupation.
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Kong Hey Pakboy
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April 20, 2021, 09:16:46 AM |
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I think that trading is an occupation since a lot of people have in the financial industry are traders, it doesn't look like one because you are a freelance trader that doesn't work for a company. To everyone that considers making trading as an occupation, you probably have to really evaluate your skills because trading is not fruitful for everyone so if you think that you are not good, you should probably choose another career path.
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tobi4255
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April 20, 2021, 11:19:53 AM |
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I think trading is an occupation. When you invest your time specifically then it should be an occupation. Though it's a risky occupation.
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Twinscoin2017
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April 20, 2021, 01:31:38 PM |
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I think trading is an occupation. When you invest your time specifically then it should be an occupation. Though it's a risky occupation.
I also believe that trading is a kind of occupation it is a work that also needs effort to earn profit, you need to work or fucos on it to avoid a big lose, because trading is not an easy work it is a very risky work it needs experience and we need to be smart to avoid losing of funds. So we also need to be careful just like some other work for good.
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leea-1334
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April 20, 2021, 02:21:19 PM |
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If you are capable of doing these things (some people are) that means it is an occupation for you, I know people who have been trading for the past 3 years, dude took 30k dollars into 2 million dollars and that is his occupation, whatever he buys he buys from his capital and still managed to increase it, he quit his job and just does this full time for the past 8 months or so as well, he was in profit before that but he is now just way too rich to go to work anyway. So there are people who can do it as occupation, but that doesn't mean that everyone can do it.
Those are the lucky few though I would say,,, the majority of traders I know make some money in bullruns and then proceed to lose it all when the bubbles explode. Then they make the mistake of entering in more bankrolls, many with debt or assets they cannot afford to lose. There is no coincidence that statistics show most traders lose money. They treat it as a job for guaranteed profits when we all know there is a large element of luck involved.
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posi
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April 20, 2021, 03:08:07 PM |
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I think trading is an occupation. When you invest your time specifically then it should be an occupation. Though it's a risky occupation.
You make a point but it not only something man invested his time is called occupation, there are some people that invested their time on something that are absolutely sense. What do we call occupation? Occupation can be work, duty or an assignment man executed as a means of earning a living. Everything you do to earn a living is an occupation so trading can see as an occupation
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conected
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April 20, 2021, 03:56:30 PM |
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I think trading is an occupation. When you invest your time specifically then it should be an occupation. Though it's a risky occupation.
I also believe that trading is a kind of occupation it is a work that also needs effort to earn profit, you need to work or fucos on it to avoid a big lose, because trading is not an easy work it is a very risky work it needs experience and we need to be smart to avoid losing of funds. So we also need to be careful just like some other work for good. - More exactly, trading is a very specific job and only a few people have the right conditions to stick to this job, the particularity of this job is as meaningful as many people say, a lot of factors have to be met, such as experience and skills, and luck is equally important. Due to the qualities it carries the colors and talents of such individuals, even if it is a job, I still discourage us from putting all our thoughts into it, a basic experience will be better thinking, the ambition of becoming a talent here is very difficult
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bitzizzix
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April 20, 2021, 04:03:12 PM |
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I think trading is an occupation. When you invest your time specifically then it should be an occupation. Though it's a risky occupation.
You make a point but it not only something man invested his time is called occupation, there are some people that invested their time on something that are absolutely sense. What do we call occupation? Occupation can be work, duty or an assignment man executed as a means of earning a living. Everything you do to earn a living is an occupation so trading can see as an occupation Yes, trading and investing are two very different methods and in general, investing looks for a bigger profit in a trading period by buying assets and holding sales for a very long time. and traders on the other hand take advantage of the ups and downs of market prices for shorter trading durations, with smaller assets, but more trading frequency. and trading must be done full time to keep an eye on market movements and that equals decent work for workers, and investing without having to use the Trading method, investing only buying coins when prices are low then holding them for a very long time to make big profits.
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perfect999
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April 20, 2021, 08:10:05 PM |
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if you make good enough money that you can either keep making the same amount of money forever so that you can live with that, or even harder where you spend some of that money and you increase your capital at the same time just in case.
You mean that if a trader is capable of managing their trading capital without any need of refilling it and making good returns out of it, then such traders would consider their trading activities as an occupation? I can get you and it seems a really good point. Because, when you are needing to add more funds to your trading capital then there will be no point of continuing it. You must need to do so when you are not making profits and you are booking losses. When you never need to add more money to your capital, it means you are already doing perfect and making some returns from that will not be a problem for you. In this case you can continue it as your occupation. Yeah, for many it is an occupation in their minds, not in their pockets. That's the problem, we are talking about a world where it is really not that easy to become a great trader, because most people just want to make money and that's it. The real traders who make profit end up being the people who like the process and not just the profit at the end of it, that's the real secret. If you like being a good trader, if you like reading charts, if you like looking at indicators, if you like studying new stuff, basically if you like being on the road that means you will reach your destination. But, there are so many people who do not care about any of that, and just focus on making profit and those people end up losing a lot of money, that is the problem these days, because they only care about money and not "how" to make money which ends up being their problem.
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Mahanton
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April 20, 2021, 08:42:07 PM |
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If you are capable of doing these things (some people are) that means it is an occupation for you, I know people who have been trading for the past 3 years, dude took 30k dollars into 2 million dollars and that is his occupation, whatever he buys he buys from his capital and still managed to increase it, he quit his job and just does this full time for the past 8 months or so as well, he was in profit before that but he is now just way too rich to go to work anyway. So there are people who can do it as occupation, but that doesn't mean that everyone can do it.
Those are the lucky few though I would say,,, the majority of traders I know make some money in bullruns and then proceed to lose it all when the bubbles explode. Then they make the mistake of entering in more bankrolls, many with debt or assets they cannot afford to lose. There is no coincidence that statistics show most traders lose money. They treat it as a job for guaranteed profits when we all know there is a large element of luck involved. This is true and really the reality towards trading activity on where this isn't something that do talk about success profit making because this isnt the thing the do happen in reality.For those who do shows off about big profits then we don't know on what are the things that they had experienced before they do able to make out money in the market and for sure it isnt something that simple as it sounds even though people are really that eager to deal off with the market even with that slight probabilities.We cant deny that luck is indeed a bit part of this market for you to deal on.
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blockman
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April 20, 2021, 09:09:00 PM |
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I think trading is an occupation. When you invest your time specifically then it should be an occupation. Though it's a risky occupation.
It's an occupation. It's only risky for those who are new to it and yet they've taken the post as if they can take the risk of it. But in the end, they'll be able to see how risky it is and they'll realize that it's not for them because of the risk that it brings to them on day to day basis. As you invest your time on it, you'll grow from it and such experiences will be used and valuable if you ever want to pursue it as an occupation replacing your main job.
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Ziskinberg
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April 20, 2021, 11:40:40 PM |
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I think trading is an occupation. When you invest your time specifically then it should be an occupation. Though it's a risky occupation.
It's an occupation. It's only risky for those who are new to it and yet they've taken the post as if they can take the risk of it. But in the end, they'll be able to see how risky it is and they'll realize that it's not for them because of the risk that it brings to them on day to day basis. As you invest your time on it, you'll grow from it and such experiences will be used and valuable if you ever want to pursue it as an occupation replacing your main job. Entering into something just like this without knowledge is a suicide. definitely right, trading is not for everyone and this is for sure not for emotional individuals. No matter what the other people say that trading is profitable but if you can't handle the stress, it easily makes you down and paralyzes you. Anyway, why not try, who knows? But we should always remember that not all the time that the market went smoothly.
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sumant
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April 21, 2021, 02:35:20 AM |
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Trading can be treated as occupation because it needs lots of hard work to become a real trader. Some works influenced by local societies but trading is influenced by larger communities. It can be a high profit or big loss game. Trading can be occupation for a experienced trader not for newbie or those who doesn't serach about projects and looking into their future aspects. In our world buy and sell is happening with other commodities that's why trading is a smart occupation for smart people. Preparing a good portfolio and trade you will get profits from trades.
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kopijos
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April 21, 2021, 07:16:20 AM |
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for many people including professional traders, trading is a great job and can be done because the profits they get are very large. but we need to know that in order to make trading the main job, skill and ability to trade must be needed, because in trading there is no tolerance whatsoever if we experience defeat
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ice098
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April 21, 2021, 07:50:37 AM |
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I also believe that trading is a kind of occupation it is a work that also needs effort to earn profit, you need to work or fucos on it to avoid a big lose, because trading is not an easy work it is a very risky work it needs experience and we need to be smart to avoid losing of funds. So we also need to be careful just like some other work for good.
It is indeed true, trading can be classified as occupation and like applying for a job in a business world trading has also kind os specifications and skills needed to be able to ffit yourself in this kind of job. What makes it more unique in my own opinion was the thought that here you can have your own time management, there is no boss that would point you out do this do that, you are the boss but trading has a risk and might cost your time depend on how you dealt with trading properly.
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posi
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April 21, 2021, 11:28:48 AM |
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I think trading is an occupation. When you invest your time specifically then it should be an occupation. Though it's a risky occupation.
You make a point but it not only something man invested his time is called occupation, there are some people that invested their time on something that are absolutely sense. What do we call occupation? Occupation can be work, duty or an assignment man executed as a means of earning a living. Everything you do to earn a living is an occupation so trading can see as an occupation Yes, trading and investing are two very different methods and in general, investing looks for a bigger profit in a trading period by buying assets and holding sales for a very long time. and traders on the other hand take advantage of the ups and downs of market prices for shorter trading durations, with smaller assets, but more trading frequency. and trading must be done full time to keep an eye on market movements and that equals decent work for workers, and investing without having to use the Trading method, investing only buying coins when prices are low then holding them for a very long time to make big profits. Trading and investing are not different method because they both involve taking risk but traders spend more in the market than investors and it all investor that are looking for bigger profit. However, both traders and investors take advantage of the market up and down price trend but it all depend on individuals knowledge about crypto currency market. With that been said, the topic was is crypto can call occupation.
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Questat
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April 21, 2021, 11:38:13 AM |
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However, both traders and investors take advantage of the market up and down price trend but it all depend on individuals knowledge about crypto currency market. With that been said, the topic was is crypto can call occupation.
Its not talking advantage beacuse not all of us traders really make money in trading, remember that we traders are betting against each other's prediction on the price movement, hence if one profited, the other will loss, that's how simple it is, therefore it cannot be an opportunity for all of us.
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