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Author Topic: Day trading is perfect work for jobless peoples  (Read 1982 times)
asyezuner (OP)
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April 02, 2023, 05:31:32 PM
 #1

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
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April 02, 2023, 06:35:26 PM
 #2

Not having job, not having anything you are doing and only depend on trading? That makes trading to be riskier and it can result to a poor mindset that will not offer anything more than losses. Do not depend on trading.

Even if you have work that you are doing, only use little percentage of your weekly earning for trading, not making it to affect your financial or family financial life.

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teosanru
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April 02, 2023, 08:04:15 PM
 #3

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
What you are saying is just like making lavish dish out of remaining groceries is best for a person with no money left. Trading is a very risky affair, you often end up screwing the whole capital a lot of times. Even if you don't end up blowing up full, there are very good chances you will never be profitable, for this whole time then how will your survive? How will you feed yourselves and your family if you have one? It's like gambling with every last bit of penny left with you.

One need to understand that first of all trading needs capital. You can't do trading without any capital. Second you need the right mindset, just earning quick money mindset is the worst mindset to make money in trading. Thirdly you need to have extra capital to dive in the market again if you blow up the first account. Jobless will not have any of these even if he has good skill set of trading. 
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April 02, 2023, 08:58:38 PM
 #4

yes day trading could be a good job for jobless peoples but only if you have enough money to invest and knowing how to trade like a professional traders to became a day trader you need to learn how to enters, exits
Trading psychology, Emotional control and all aspects of trading to attract the life that you want.
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April 02, 2023, 09:03:12 PM
 #5

When you fully depend on trading, day trading like you said, to make a living, foot all your bills, and still have some left over, then you are not going to trade with caution but with the highest risk of it all. Because you will always want to go back home with profit every single day, and not just profit but profit that can handle your daily needs, which will put you at a higher trading risk since the higher the risk, the higher the profit. 
 
Am not entitled praying for bad trade for any one but this is the worst mistake any one can ever do, putting all his life and others entirely on trading. That person might even end up not having anything at all at the end of the day, that little savings which he have saved and accumulated and decided to start trading with it, will just vanish before he will even realize it. 

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April 02, 2023, 09:30:47 PM
 #6


It can only be perfect when the person already has experience for a year or more. And even so, day trading can still disappoint him when the market didn't go his way. The crypto market is not as friendly as having a bull run all the time, it has its bear market which is very unpredictable.

Nowadays you can see people saying the bear market is over but you will be surprised that after a week the price will plunge to $23k. (Just my example of an unpredictable market) Becoming a day trader is not easy so I hope they won't leave their job and focus on day trading.


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April 02, 2023, 09:46:48 PM
 #7

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
I would say it was one of the great options to consider and in fact, many people are already engaged in this and some of them got financially stable, who knows they can do the same as well. Yes, it is worth trying in order to know if they can really take the risk and carry the stress.
Anyways, so many online jobs were available at this time and the only thing we do is to choose a kind of work that we think we can perform well and in our comfort zone. But it was not just the option, if we have money enough to run a business, that is also a great idea.



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Rainbot
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April 02, 2023, 09:49:08 PM
 #8

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Trading is indeed a job, which requires a lot of effort and consistency.
You have no boss here but you should do your best to make profit because this is not guaranteed and this is not an instant return, you can only enjoy trading once you have other source of income to cover your daily expenses. I believe, having a regular job is still better, trading is too risky to depend on.
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April 02, 2023, 10:02:11 PM
 #9

This is a bad outlook. Day trading isn't stable; it doesn't always bring profits to the table, and at times will bring you losses. It's slow moving and you'll literally have to wait for a few weeks to turn to a meaningful, livable profit if you aren't trading huge amounts. It's still better to get a job, take what's left of your money after everything is already accounted for, then start trading. Doesn't have to be full time, you just have to know what you are buying, when are you buying, and when are you selling. A lot of users can attest to this, and it's easier to build up your money this way because you'll always have something to cover for your expenses and necessities.
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April 02, 2023, 10:03:07 PM
 #10

yes day trading could be a good job for jobless peoples but only if you have enough money to invest and knowing how to trade like a professional traders to became a day trader you need to learn how to enters, exits
Trading psychology, Emotional control and all aspects of trading to attract the life that you want.


You're right.

The way OP is saying it make it look like anyone could do it. The truth is, you need money to buy decent PC. You can't efficiently trade by using your phone.

You also need some money to start. Trading with $100 will not be very successful since beginner traders often are at a loss and even if they can earn some money 1 month they will probably lose some the next one.

It also requires some basic knowledge and psychical predisposition to trade. The more scared you are of losing money the worse you will perform. You need to be calm and calculated.

If any of you want to be a trader, especially in crypto, be aware that more than 80% of traders lose money. If you're at 0 profit after a month of trading you're doing better than the majority!
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April 02, 2023, 10:46:03 PM
 #11

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Yes, that's possible and it could be a lucrative way to earn income.
But that isn't ideal if you only rely on day trading without a stable source of income, which can involve significant risks and it requires a great deal of knowledge, skill, and experience to be successful, and even experienced traders can have losing days.

I disagree that day trading is a perfect way for jobless people, it's too risky for them without a stable source of income.
Still a good decision to have a traditional job and look for more resources and start trading for another source of income.  Because trading may not be the best fit for everyone.

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April 02, 2023, 11:21:37 PM
 #12

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Do you think trading is really easy? New trades can be taken easily by someone but reviewing them and extracting profit from there is very difficult task. Many skilled traders often lose big while an unskilled trader has more risk. Profits and losses are normal in trading. A trader needs to have knowledge about many things. He has to have knowledge of world economy, politics at all levels. A man can trade even if he has a job but fails to trade even though gives up everything. A trader needs to be knowledgeable in all relevant matters first. One should not leave everything and rely only on trading. In this case, there may be a big financial crisis.

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April 02, 2023, 11:22:26 PM
 #13

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Yes, that's possible and it could be a lucrative way to earn income.
But that isn't ideal if you only rely on day trading without a stable source of income, which can involve significant risks and it requires a great deal of knowledge, skill, and experience to be successful, and even experienced traders can have losing days.

I disagree that day trading is a perfect way for jobless people, it's too risky for them without a stable source of income.
Still a good decision to have a traditional job and look for more resources and start trading for another source of income.  Because trading may not be the best fit for everyone.

if you are a beginner on this market, you should have main job to get your basic necessities. you can't get the profits that you want if you are just starting to grasp this market. aside from that, this is indeed not for all jobless people. if you have small funds and you don't know what you're doing, you can easily lose it at one trade. many traders started from nothing, but remember, you can only win on this activity by your history of experience as you acquire a lot of tactics to win in your trades.

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April 03, 2023, 02:12:04 AM
 #14

This is the best example that trading is also a difficult job it involves money and it will eat most of your time. There are some people who are underestimating people who do traders.
The worst part is trading will eat most of your time and sometimes you can't guarantee that you will have profits.
So, overall, we must have to balance our time when we are trading and we must manage it also.

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April 03, 2023, 02:26:51 AM
 #15

This is the best example that trading is also a difficult job it involves money and it will eat most of your time. There are some people who are underestimating people who do traders.
The worst part is trading will eat most of your time and sometimes you can't guarantee that you will have profits.
So, overall, we must have to balance our time when we are trading and we must manage it also.
How jobless people can have money for trading?

If they don't have regular income from jobs, how should they risk their life and put their family at risk with trading?

They should not use their personal or family savings for trading especially when they are jobless. If they lose all savings in trading, without jobs, they will have life-challenging problem that is not good at the end.

There are professional traders who consider and have trading is their main jobs. They are not jobless traders.

R


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April 03, 2023, 03:42:31 AM
 #16

trading is a job of choice. not everyone can do it, let alone for day trading. even those who choose trading is the main job, he is not jobless, but a choice. with trading they can do it anywhere and anytime, even if there are outside activities, of course they will place safeguards and targets, so all they have to do is monitor them. such freedom is for them so they can enjoy life

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adaseb
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April 03, 2023, 03:50:57 AM
 #17

Yeah the OP makes no sense or has never really traded with real money.  Most people here do this for fun as a hobby and already got a job somewhere.

They get emotional over a trade and end up losing more money but they still have their day job. Imagine relying on trading to pay your bills? You know how stressful it would be?

You need like a year or 2 worth of money set aside for bills not including trading capital. Or live at home with your parents who will pay your bills.
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April 03, 2023, 05:19:54 AM
 #18

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
To make day trading a source of income and become a full-time day trader, you would need a pretty high capital to start with and proper knowledge and experience so that you don't lose the capital with hasty and unrealized decisions. Trading cryptocurrencies involves great risk as well, so a person would need to take all the steps very carefully.

Though it's right that a day trader's life is pretty good and full of freedom and free time for friends and families, it is also very challenging as it is not always that easy to earn profits from trading on a daily basis.
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April 03, 2023, 05:47:04 AM
 #19

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Yes it could be a option but it could be also risky . There is no guarantee that trading will always be profitable. But nowadays, trading has become easier due to various features in the exchanges, such as stop limit in Binance to avoid an option loss. But if you want to make secure earnings, you can select the top pairs of bitcoin or altcoin.  But in this case your initial fund should be more, although it depends on your daily expenses.

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April 03, 2023, 05:58:26 AM
 #20

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Thats good if trading daily can sustain the income or profits they can get out of everyday but mind you that earning in trading isnt easy as well since you need to become more proficient, plus having it as a source of income might really have put some pressure on you. So it always good to have a regular job or business as a source of income. Then do sideline trading while on it.

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April 03, 2023, 11:43:36 AM
 #21

Yeah day trading is perfect work, but does every trader is making profit in day trading? does no one is lose in market?

Before talk like that, why you're not try day trading for at least a month and share your experience if you're making profit or you've lost all of  your money. Day trading is very dangerous, most of people can't do that because they need to be discipline enough, not blindly buy and then stay in front of your PC until the price is increase.

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April 03, 2023, 01:19:37 PM
 #22

All of us really want freedom, like a work from home setup where we are not drowning in tasks and things to do so that you can play with your family or just chill, but the sad truth is that it isn't that way. Yes,  day trading gives you a lot of time, but that doesn't mean that it is profitable and those jobless people can make a living on it. Mostly for people like us who are making trading a side hustle, it is difficult to sustain it, mostly if you are jobless because you are looking for a profit on a daily basis because if not, you'll have nothing to eat. It is easy to say but difficult to do.
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April 03, 2023, 01:20:20 PM
 #23

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
In as much as some users on this very page would not support your idea. I would say that you are very correct about what you said.
Day trading can be a full-time job for people and I have a friend who does nothing but the trading of cryptocurrency and he is massive and is comfortable with his family.
I mean this guy is teaching his kids how to trade and make profit. That is the only aspect I am against him teaching his kids under 18 how to trade. But he told me that this is what he got to give to his kids. Believe me they making profit. He knows the way, he knows how to control his emotion, he has the fund and he does everything necessary. He has a target sometimes $10 $20 a day and he stops trading.

Most time trade with about 10,000 dollars and make profit of $500. He's out of the market. I mean he's doing well.
For you to belong to this category. I think you have to invest your time and learn well then have good capital to start trading.

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April 03, 2023, 02:16:36 PM
 #24

Quote
Re: Day trading is perfect work for jobless peoples
Can I ask you OP? Did you experience trading already? Did you tried quitting your job, and invested a thousand dollar just to trade? Because from the looks of your post, I don't think that you've ever did it because you are saying things that realistically impossible.

Day trading is perfect for jobless people? How do you say so? Remember that even the experts aren't 100% winning on their trades, and their are still times that they're losing money. Just imagine you are a jobless person right now, tried to invest money into trading without proper experience, and all of a sudden you lost? What will you do after that? You will go again and find a job just to recover your losses in trading?

I'm not saying that the subject topic is wrong, but it's irrelevant at least for me. I mean why a jobless person prefer being jobless, and instead go day trading? Trading while having a main income is possible, so why not find a job while doing trading. After all, you aren't watching the charts 24/7 right?

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April 03, 2023, 03:48:12 PM
 #25

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
So you mean a jobless person can depend on day trading, I don't really think that's a good idea, why will you depend on day trading and you are having family to feed, you think trading is kind of easy the way you think, the only time you will enjoy trading is during the bull run, but during bear market, only experienced traders are always making money. I think it's even a bad idea having just one source of income, you should be having multiple source of income incase if anything happens to one there will be back up, if you are a trader, then get another thing doing.

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April 03, 2023, 05:09:03 PM
 #26

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I disagree with this statement.  

A person without a permanent income (i.e. unemployed) is psychologically unstable.  In my opinion, it will be very difficult for him to engage in day trading.  Such trading provides for a psychological emotional swing.  Sometimes you make a profit and sometimes you make a loss.  

If you do not have a steady income, then faced with a long series of unprofitable days, you will feel emotional burnout and may even become depressed.  

I do not consider a situation where a trader has a solid capital (for example, real estate that can be rented out).

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April 03, 2023, 05:52:16 PM
 #27

Day trading is very risky and you don't have any idea that will you be profitable or loss your own money whereas having a job is beneficial as compared to trading as your money will be safe and constant. Newbies should start from investement not trading because with investement your percentage of losing money will be minimum and if you select a stable coin then your money will be safe as well as it will increase in price too. I think working under your boss is better than lossing all your money in day trading.

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April 03, 2023, 05:53:35 PM
 #28

getting job is not easy these days because population is increasing and resources are limited therefore engaging in any field for getting profit will be better. Day trading is good option for jobless people but they should have knowledge about it because if they don't have any knowledge then it will become impossible to get profit. One more important thing about trading is that you can do it from anywhere and anytime there is no restrictions of time and location like that of job. Although day trading is full of hazards but you should realize about its features and remember about one thing that success is not sure in this field therefore you should be prepare for every situations that comes in a path of success.

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April 03, 2023, 05:59:54 PM
 #29

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

For me it's just a hypothesis with no link to reality. Day trading is like playing with fire and not everyone can handle it. Even experienced traders have to face losses in day trading.

I won't prefer day trading over job since job gives a guaranteed return at the end of every month which is essential to meet your requirements. To me crypto is about long term investment aka buy and hodl for long time.

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April 03, 2023, 08:47:12 PM
 #30

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

We can attempt day trading if we have no other choice, but it is never advisable to use it as our only source of income, no matter how expert you are in term of trading, it is risky to depend solely on day trading for your survive because there is no assurance that you will continue to make profit from it every day.Day trading is not the best option for us to use as only means of surviving, even though we need freedom, we still  need other sources to accompany that.

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April 03, 2023, 09:39:07 PM
 #31

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
I'd never used to think that it was a perfect place for jobless people but I consider this a place to try.
We should have to keep in mind that trading is not for everybody. Of course, we can try to know what we can do but we never have to put everything and think that we can do this just like others. It was also important to know that we are different from others, they might be good at trading but possibly we are not or might be better than them. Many people had lose their money due to high expectation fo their self, many underestimate trading until they know the risk and incapabilities.


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April 03, 2023, 10:10:41 PM
 #32

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Easy to say but it would really be hard to do.Why? You should consider out these factors.

1. Capital
2. Knowledge
3. Emotion handling
4. Experience

Once you do have these things then i could say that you could handle out the market.Doesnt mean that you would avoid losses
but you would be able to sustain this unpredictable market. This is why lots of people are trying out their best to
sustain out.

R


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April 03, 2023, 10:28:07 PM
 #33

All I see here is you putting up a fact without a credible back-up theory. Jobless people need a real job, and crypto trading should be a support for their finances. The question here is, Who will be giving day traders the funds to keep up with their losses? Because not every time they make a successful trade, they encounter losses and sometimes run out of funds. When someone totally depends on day trading, the effect is that it will make them really relay all their needs or budgets on the profit they get, and they will tend to make sure they make profit for that day, which will let them trade with half or full emotions and will cause them to encounter server losses. I don't just think a person should relay all their needs on day trading.

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April 03, 2023, 11:02:49 PM
 #34

What is a job? It is something that brings in, first of all, an income. That's why you can't call day traders unemployed. Of course, this job is connected with big risks - but that's the peculiarity of this job (if things are not going well, then you have to find additional sources to cover expenses (or, simply put, penalties for not studying the source of income enough). However, if you follow risk management, and get a sufficient level of knowledge - you can get a good income.
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April 03, 2023, 11:13:26 PM
 #35

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Got it but what about if a person doesn't know even how to trade, what about if he is already short funded, what about if a person who entered trading took his first trade and it is wrong because he went with all in and now he is losing pressure? Trading is not a stick of magic from where you swing it and here you go a lot of money. My observation is whenever a person starts trading he goes in the wrong direction he run before the profit he should prefer building experience and with that profit making.

it can be the magic stick for you but for that there are some qualifications that must satisfy first consistency, good trading skill, and good experience + some Luck with tea, and now you can enjoy good profits, pretty straightforward isn't it?

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April 03, 2023, 11:27:28 PM
 #36

What is a job? It is something that brings in, first of all, an income. That's why you can't call day traders unemployed. Of course, this job is connected with big risks - but that's the peculiarity of this job (if things are not going well, then you have to find additional sources to cover expenses (or, simply put, penalties for not studying the source of income enough). However, if you follow risk management, and get a sufficient level of knowledge - you can get a good income.
+1 this!

Op might trying to explain how trading been considered as something that is not a job in his place due the ambiguity and or still become something that not respected one ... many cases like this happened around my place as well especially outside the town where very few people knew it .

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April 04, 2023, 12:38:17 AM
 #37

    If you are a jobless individual, you can do day trading as a practice. But if you are a beginner and don't know anything about it, I don't think it's a good way to make it your job.

    It's good that you're still looking for a job, because where are you going to get the coins you're going to trade? Will you ask your parents? The electricity that you will consume when you go online with cryptocurrency, will you also rely on other people? you must be able or capable before you enter this world of crypto.

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April 04, 2023, 03:14:15 AM
 #38

Quote
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

There is no doubt that day trading is a great source of income but it also requires experience.Because just as the profit in day trading is very good, the risk of loss is also very high.Here if you get freedom from your boss but here you have to be prepared to face the risk of loss at all times.Day trading should be done only after you are well versed as trading within any token without experience can result in you losing your assets.The biggest advantage of day trading is that you can continue your trading from anywhere and at any time.Because the crypto market is open 24 hours and here you can continue your earnings at all times.Crypto daily trading is an excellent source of income for an experienced trader.In daily trading he can earn as much in one day as he receives as salary after one month.But for that first one should get complete knowledge about the market and all cryptocurrencies and various trading tools and indicators etc.

.
.TONUP..
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April 04, 2023, 03:36:29 AM
 #39


Quote
1. Capital
2. Knowledge
3. Emotion handling
4. Experience

Once you do have these things then i could say that you could handle out the market.Doesnt mean that you would avoid losses
but you would be able to sustain this unpredictable market. This is why lots of people are trying out their best to
sustain out.

I think it would not be right to make crypto and daily trading as your only source of income.Because the crypto market is a very risky and volatile market.Even if you have capital, you have experience, you have knowledge about cryptocurrencies, still it will not be right to depend only on cryptocurrencies.Along with crypto trading, another business or any job etc. is also necessary.Because you can use the crypto market as a side business but not completely depend on it.Because the crypto market is highly dependent on global news and any bad news can crash the market badly.When the market starts to crash on bad news, a lot of experienced people's lose their capital.And here it can become a lot of trouble for someone whose earnings depend entirely on the cryptocurrency market day trading.Therefore, it should be used as a side business and not as a full-fledged business.Because the profit rate is good and the loss rate is also very good.

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April 04, 2023, 04:01:31 AM
 #40

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
It's really good to be your own boss. I mean, you don't need to work for other people just to earn. But if you're going to rely in day trading and will go full time, how sure you are to succeed as a day trader? Because it's a risky thing to rely alone in trading, especially if you have a family counting on you to provide for their needs.

It's not easy as it seems and you need knowledge and capital to start your journey. Thus, much better to try it first, while not leaving your real job to see if it will work. Having an experience can make you realize how easy or hard it is to be a trader. Then, you can decide if you're still interested to be a trader and confident to earn from it.

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April 04, 2023, 04:24:32 AM
 #41

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Yo, if you're jobless and looking to make some cash while living your best life, day trading may seem like the dream hustle. But, don't be fooled by the hype. It takes a lot of skill, dedication, and hustle to make it big in this game. It ain't no easy come up, so do your homework, get some pro advice, and come up with a solid plan before diving in headfirst.
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April 04, 2023, 04:37:53 AM
 #42

It's really good to be your own boss. I mean, you don't need to work for other people just to earn. But if you're going to rely in day trading and will go full time, how sure you are to succeed as a day trader? Because it's a risky thing to rely alone in trading, especially if you have a family counting on you to provide for their needs.
That's the reason why I got interested in trading and I'm sure it's also the reason why others got into trading. Many people say that trading is not easy and you have to experience big losses before you succeed. But because I am very motivated that this trade will be the reason that we can get out of this severe financial difficulty, instead, this is what is making the difficulty worse for many.
I experienced many losses and severe stress in trading before. I backtested my strategy and I said that it works but why does it fail when I go live trading? I realized that the reason for this is our emotions. I always put it in my mind that we can get rich from trading in short period of time, so because that is our mindset, we can make trades without following the trading plan. So the probability that the trade will be a loss will increase.

For those who plan to enter trading because life will be relaxed, don't be fooled by that. Strong mindset and self discipline is what you need to be successful because it will be difficult to follow your trading plan without it.

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doomloop
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April 04, 2023, 05:49:50 AM
 #43

All of us really want freedom, like a work from home setup where we are not drowning in tasks and things to do so that you can play with your family or just chill, but the sad truth is that it isn't that way. Yes,  day trading gives you a lot of time, but that doesn't mean that it is profitable and those jobless people can make a living on it. Mostly for people like us who are making trading a side hustle, it is difficult to sustain it, mostly if you are jobless because you are looking for a profit on a daily basis because if not, you'll have nothing to eat. It is easy to say but difficult to do.
The very first and foremost thing someone should think of when they decide to become a day trader is the capital. Your profit from your trades depends on the money you've invested for each of the trades, if you invest $100, and get 1%, it's just $1, but if you invest $1000 and get 1%, that's $10 for you. So capital plays a very vital role in day trading.

And, I don't think that a person who is jobless and needs a source of income will be able to put together capital enough for him to be able to do day trading with the success that can make his life easier and he wouldn't need to do anything else apart from it.

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April 04, 2023, 08:51:58 PM
 #44

This is the best example that trading is also a difficult job it involves money and it will eat most of your time. There are some people who are underestimating people who do traders.
The worst part is trading will eat most of your time and sometimes you can't guarantee that you will have profits.
So, overall, we must have to balance our time when we are trading and we must manage it also.
How jobless people can have money for trading?

If they don't have regular income from jobs, how should they risk their life and put their family at risk with trading?

They should not use their personal or family savings for trading especially when they are jobless. If they lose all savings in trading, without jobs, they will have life-challenging problem that is not good at the end.

There are professional traders who consider and have trading is their main jobs. They are not jobless traders.
That is only the problem there, capital but a jobless person must learn how to trade well of course before anything else. After it, maybe they can find free sources of cryptos first like faucet or on this forum. They can also borrow money from their family members or friends because the consequences are less serious there in case they can't pay on time. That is the start of making trading a full time job.

For those who already have a job, they can still do trading in full as there are trading bots which allows them to trade on the background while they do their main task in the office or field. No need to quit our jobs this way. Other than trading, another good way of maximizing our income is crypto investing.

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April 04, 2023, 09:30:32 PM
 #45

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
It shows how good you're trading at. Tongue

Trading isn't a fun job, its real serious job which is more stressful than 9 to 5 job because its available 24/7 so you have to keep looking at the market all the time and also it can lead to mental illness when the results are not in the way as you expected.









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April 04, 2023, 09:50:03 PM
 #46

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Trading is also a serious job that you need to focus, probably you'll spend a lot of time here than working in a company.
The good thing here is that, you can control your time and you will be the one to decide if you are going to trade or not.

Considering trading as your main source of income and as your job requires a lot of risk and knowledge about trading, the risk are high but the reward can also be high. I know a lot of full time traders and they are doing good. Patience will also matter in trading since its not always about buying and selling, most of the time you will wait for your strategy to work. I'm hoping to be a full time trader as well, this is a big dream for a small time trader like me.
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April 05, 2023, 01:52:55 AM
 #47

Day trading isn't an easy job, so I disagree with you @ OP because In my opinion, I don't think day trading is met for feeble minds because day trading requires alot of time and attention and since it has to do with money and it also works on the principles of garbage in, garbage out which simply means that your amount of profit depends massively on how much capital was inputted.
I think OP needs to have a rethink if all you've wrote here where the stories they've told you about day traders because I would boldly say that, day trading isn't an easy task and say traders are one of the most engaged persons as there eyes are always fixed to the screen.

R


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April 05, 2023, 02:55:14 AM
 #48

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Trading is also a serious job that you need to focus, probably you'll spend a lot of time here than working in a company.
The good thing here is that, you can control your time and you will be the one to decide if you are going to trade or not.

Considering trading as your main source of income and as your job requires a lot of risk and knowledge about trading, the risk are high but the reward can also be high. I know a lot of full time traders and they are doing good. Patience will also matter in trading since its not always about buying and selling, most of the time you will wait for your strategy to work. I'm hoping to be a full time trader as well, this is a big dream for a small time trader like me.
risks in trading can actually be controlled according to our trading style. as long as it's in accordance with the rules we've planned, I don't think there's too much to worry about the risks. because most people forget their initial goals, for example from daily trading, because of wrong analysis, then they end up holding it in the long term. and actually if we are good at managing ourselves, we can trade anywhere and anytime, we can even leave transactions for other routines, by placing targets and SL

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April 05, 2023, 05:18:36 AM
 #49

Too many people always want an easy life, easy to gather with family and still make a lot of money, easy to fulfill life's desires and other conveniences, especially when you see many people who have succeeded in doing it without ever finding out how long these successful people were before they finally succeeded and enjoyed success from his trade.
Making trading as a second job will make it easier for you to succeed than when making trading your main income because the pressure on our psychology is enormous and when you don't make the money needed to meet your main needs, it will be even more stressful which will allow you to make the wrong decision. So as long as you still have a main job, don't leave it, until trading can really make you very big money.

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April 05, 2023, 07:19:16 PM
 #50

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
It is true that day trading is good source of income but i am not agree with you that day trader is suitable for jobless person. Day trading cannot guarantee you profit because some time it can result in lose also. Possible reason maybe Market crash, failing of your trading coins and other factors which can cause lose. Day trading is not easy and its required skill and some knowledge. without proper skill you can day trading is risky especially for jobless person who has no backup after losing investment.

I will suggest Day trading as a extra income and profit can be used for luxury life because You can meet only your basic needs with a job and for luxury life you have to do some extra work and day trading is best option for this.

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April 05, 2023, 08:11:45 PM
 #51

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
I would guess just the opposite. If you have a regular income, then if you end up trading with part of your income then if you lose, you still have an income that you can go back to. I have a salary, and I put some part of my salary into investing and I put some part of that investing into trading as well, if I lose 100% of it, I would still be fine, because I have a salary at the worst case.

I have lost all my money multiple times because of life stuff, my salary brought me back on my feet each time. This is why it's quite important to have a salary, if you are jobless, you either make a profit from trading or you are doomed, and that is not a good way to do it.
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April 05, 2023, 08:18:03 PM
 #52

it's important to note that self-employment and day trading also come with their own challenges and risks. It can be difficult to establish a steady income stream and maintain financial stability, and there is often a significant amount of uncertainty and volatility in these types of industries.

Ultimately, it's important to carefully consider the potential benefits and drawbacks of different career paths, and to choose one that aligns with your goals, values, and lifestyle preferences.

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April 05, 2023, 08:18:07 PM
 #53

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Easy to say but would really be the toughest challenge that you could really have on your life and also even if there might be those people who do able to make their lives better because of trading but we dont actually know the numbers or percentage to those who had able to succeed on this market.

I would say that this isnt something that easy to achieve and not that simple for us to reach on this state.If ever you have succeeded then it would really be forever skill that you would be able to make
yourself sustain even if you dont have a day job or do have a boss.This is where most people been targeting this kind of life but of course reaching out something like this
cant really be that possible or would be that easy.

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April 05, 2023, 09:09:48 PM
 #54

It would be foolish to say that day trading is perfect work... something we can say wall all jobs out there, the "perfect job" is not and can't be perfect for all. People should be free to try things (in this case day trading) within their possibilities. If we don't try we can't now, but we need to know what are the possible risks (do your own research!), and even more important what we are risking, can we afford it?

The bottom line is always the same, take a good look before you get into something... be free to try it, but never risk more than you can afford to lose, that will cause trouble. 

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April 05, 2023, 11:57:44 PM
 #55

it's important to note that self-employment and day trading also come with their own challenges and risks. It can be difficult to establish a steady income stream and maintain financial stability, and there is often a significant amount of uncertainty and volatility in these types of industries.

Ultimately, it's important to carefully consider the potential benefits and drawbacks of different career paths, and to choose one that aligns with your goals, values, and lifestyle preferences.
Trading could neither be full time or sideline depending on how much time you could be able to allocate on it and we know that there are even people who do have dayjobs but
still having that trading side job which do adds up into their overall income which is something that you do really like.Day trading is something that do needs sufficient time
or somewhere you could say that it would be needing that full time engagement which it isnt that possible for those people who do have day jobs or something.
So its up according into your preference on which you would be choosing.
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April 06, 2023, 03:30:59 PM
 #56

well, if they were really cut out for trading then it would be the perfect job. even more so when they have trading skills, and are quite skilled at making profits. I think, very many people who don't have a job then choose this job and build another business. however, this job is very profitable if we focus. However, the downside of this job to unemployed people is that when they don't have trading skills, their money can run out quickly if they can't do analysis and speculation.

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April 06, 2023, 04:05:38 PM
 #57

Making trading as a second job will make it easier for you to succeed than when making trading your main income because the pressure on our psychology is enormous and when you don't make the money needed to meet your main needs, it will be even more stressful which will allow you to make the wrong decision. So as long as you still have a main job, don't leave it, until trading can really make you very big money.
A person can choose his own way of life as long as that choice is profitable. Also, don't always think that your main job is much more profitable than a side job, especially if your main job only generates under standard income.

There are many examples in the real world of someone working all his life but having nothing, his salary is only enough to meet his needs for less than a month and it will get worse when inflation. Although I agree that trading is not always profitable for traders, but on many occasions in my opinion it is still very possible for traders to get profits that may be equivalent to 4-5 months of income from their main job. Also there are some other side jobs that pay more when they have skills, that is content creator. But anyway I don't recommend anyone to quit their main job even if the side job generates more income.

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April 06, 2023, 04:42:09 PM
 #58

Our family educates us with a good education in the hope that we will get a good job with a good education. No matter how good a job I do, it is completely under someone else's control. If you can do something yourself, then it is completely independent. 
But there are still many educated people in our society who are living unemployed life due to lack of jobs but they can choose daily trading as their profession if they want. Let me tell you how,
People who are unemployed first need to get a rough understanding of trading then they need to fix a target every day that what amount of profit they can make every day they can do well. If so, I think training can be taken as a profession.

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April 06, 2023, 04:54:04 PM
 #59

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
Day trading without a day job at hand is like running a motorcycle without having insurance. Your day job is your daily "stable" income, there can be no alternative to that. Day trading will never be a stable income but a up and down cycle, sometimes earning big amounts and sometimes incurring losses.

If you think what you said is correct, there would not be no work-frustrated person in the world and everyone would be trading and become rich.

Quote
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Day trading draws a lot of your time and effort from you. You would be spending more time analyzing charts for daily trades than spending with your family. Not sure where you are getting the wrong idea.

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Also freedom from your Boss.
You might hate your boss but trying being the boss for one day and you will realize how tough it is.

R


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April 06, 2023, 05:11:40 PM
 #60

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
In my opinion, trading is only appropriate for us to make as a side job because even though no matter how good we can make a strategy for trading, there is no guarantee that with this skill we can continue to earn income at any time so that we will not be able to meet our daily needs, preferably just focus on other jobs in real life to make a living, don't completely depend on trading, especially with trading sometimes it can make us lose everything in an instant.

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April 06, 2023, 05:17:58 PM
 #61

Doing that consistently and having that freedom with yourself will be worth it. Being able to do what you do makes you want to give your all and be the best you can be. Those are the best things you can do if you are trying to earn money and have fun.

Being a trader will take a lot of work, but it's better than being jobless. That's the best thing to remember, IMO.

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April 06, 2023, 06:22:03 PM
 #62

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
But you can't really achieve freedom from day trading, it mostly takes your time to check the price and even for some people they stare 24/7 in front of their computers to achieve the best result. Also relying on day trading without any additional income from different job is just really wrong because one mistake then your savings are gone because you can't get it from anywhere else because you don't work. I'd not recommend that ever.

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April 06, 2023, 06:32:52 PM
 #63

I am pretty sure this is not the right way to go with it. If you are going to work when you are with your family then how you are supposed to enjoy the family time man. There is old saying about it, keep the personal space and work space different. If you are going to mix up both of them then you are done. You can’t focus properly on the work and you can’t give right time to your family. Plus, if you are going to do this with trading then make sure you are ready for the worst loses. As far as I know or experienced, trading will need perfect focus, greater amount of time goes into studying the chart patterns, understanding the market situation and follow news along the way. If you think you can take it all during leisure time then that’s unique.
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April 06, 2023, 06:34:36 PM
 #64

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
For starters, it would be good to combine work and trading, since work can give you a starting capital for trading and work can be a safety net for you in case you do not have very good results in trading. Not having a boss and spending more time with your family is good, but it must have good financial support. And day trading is perhaps one of the most difficult types of trading and it is not for everyone.

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April 06, 2023, 07:25:48 PM
 #65

If I have to choose between day trading and a job, I will pick a job. A job is less risky than a job because a job doesn't require me to make quick decisions based on rapidly changing market conditions and even if I make small makes in my job, it wouldn't lead to significant losses. Also, my job is my job emotionally challenging that can lead to stress, anxiety, and burnout because I have to constantly be on top of my game and be able to react to sudden market changes. Last but not least, my job doesn't require a huge capital investment unlike day trading. Unless you are a pro trader, do not attempt day trading.


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deathcode
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April 06, 2023, 10:18:14 PM
 #66

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

The perfect job for jobless peoples?. How can you say like that?.
If they are unemployed or don't have a job, how and where does someone get capital to carry out daily trading activities?.
Will day trading guarantee 100% that someone who is unemployed will always make a profit and have no risk of loss? Of course not.
The perfect job in my opinion is if we do or do something and are paid commensurate with what we do and have no risk of loss.
I'm not forbidding someone to do daily trading but I suggest that if people who are still unemployed it's better to find a permanent job first before starting trading.
Trading is an activity that has a risk of loss and certainly cannot be carried out if someone does not have a job or steady income first.









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April 06, 2023, 10:37:25 PM
 #67

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Day trading is not the perfect job for unemployed people if they don't want to learn more about day trading. We see that unemployed people have more time and if they can put that time into studying, trading will become a good job.

But most people are too lazy to learn and just want a quick buck without thinking about going through the process. Even though it is the process that will determine whether we will have the ability and expertise to make money in trading or will we only lose money in trading. And this crypto trading can give you the freedom to decide when you can trade and enjoy your time with your family. And if you can analyze the market, you may be able to manage your time to work.

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April 06, 2023, 10:50:59 PM
 #68

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Trading is a source of earning of a person from where one gets a chance to earn something through profit according to his trading skills. But trading never guarantees profit to anyone. And that's why I don't think a jobless person will be able to support his family through trading.  Because how do you guarantee that person's daily profit and guarantee that he won't lose while trading? And that's why trading for a jobless person is not good they should not risk some of his precious money and start a small business with that money that can give him a passive income. And when he owns enough money he can try to make some extra income by trading because then he will have enough risk taking ability.


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April 06, 2023, 10:55:33 PM
 #69

Yeah, a perfect job but here's a catch, only if you are good at trading that requires a vast knowledge about the market and has a working strategy to make profit. Newbies doesn't have a place on trading unless if they start to self-taught themselves about risk management and how to analyze the market, and also knows how to react when certain feelings occur therefore considering only the best logical reaction instead of relying with their feelings/emotions.

So, I would say, trading isn't for everyone if you think that's an easy job to do.

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April 06, 2023, 11:29:58 PM
 #70

Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

 Undecided

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dunfida
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April 06, 2023, 11:47:56 PM
 #71

Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

 Undecided
People should really removed that kind of idea into their minds because if they would be pushing up that kind of idea that trading does work on that way then for sure they would really be experiencing huge loss
because you would be pushing yourself that it would really be working on that way without even trying out to think up the real deal of this market.Yes, trading could give out that kind of opportunity on which
you could really be able to make yourself that get out on being poor or in poverty on the time you do make out some good trades but making yourself as a good trader isnt something
that anyone or everybody could easily pull off.

gunhell16
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April 06, 2023, 11:53:17 PM
 #72

Personally, in terms of experience, I don't have a company or employer that I work for except for the sideline work or part-time income that I do, I often do day trading except as a long-term investor.

I don't get a lot of income from my day trading activity, but it's just enough to survive in life. And honestly, even though I have been here for a long time in this industry, I still do not 100% understand crypto trading, although the idea that I know is also helpful, for me, it is still not enough.


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rojan
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April 07, 2023, 08:09:16 AM
 #73

Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

 Undecided
I think if a person wants to depend on trading for his livelihood then he will make a mistake. One can never make a living by trading. Because there is no such thing as profit all the time in trading. There is both profit and loss in trading.  You have to accept it and trade. It will be best if someone trades side by side with a job, then it will be good for him. And if he thinks about trading all the time without a job, then I see nothing but big stupidity for him.


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CarnagexD
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April 07, 2023, 09:50:41 AM
 #74

Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

 Undecided
I think if a person wants to depend on trading for his livelihood then he will make a mistake. One can never make a living by trading. Because there is no such thing as profit all the time in trading. There is both profit and loss in trading.  You have to accept it and trade. It will be best if someone trades side by side with a job, then it will be good for him. And if he thinks about trading all the time without a job, then I see nothing but big stupidity for him.

I think one can make a living by trading but it will be a rough start. Of course, in the beginning you are not sure when you'll have profit and it'll be difficult to live day by day. But if you have extra income that will help you to afford daily expenses, I think you'll do good. And I think it will really be helpful for you to do day trading. There are people in India who do that, a great country to live in for a day trader. You can read it here: https://www.kotaksecurities.com/intraday-trading/day-trading-for-a-living/

But for ordinary people who don't have that much, I think it's important to have be self employed especially if you don't want to have a boss. Also you'll have a more flexible time to do your trading. Being jobless is different from being self-employed. A self-employed person is someone who has started their own business or provides services to clients or customers and is responsible for generating their own income. They work for themselves and have more control over their schedule, workload and income. But  jobless people may have their reasons, they may have retired, be studying or taking care of family and not seeking employment at the moment. They can do day trading as well, let's not discriminate them.

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April 07, 2023, 11:27:30 AM
 #75

You are talking about the unemployed, who are generally classified as having difficult living conditions, trading is a profession that doesn't promise a stable daily income. Then OP's opinipn  is just nonsense, even financial advisors won't recommend trading before you have a job or business that guarantees daily needs.

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Fatunad
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April 07, 2023, 11:35:29 AM
 #76

Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

 Undecided
I think if a person wants to depend on trading for his livelihood then he will make a mistake. One can never make a living by trading. Because there is no such thing as profit all the time in trading. There is both profit and loss in trading.  You have to accept it and trade. It will be best if someone trades side by side with a job, then it will be good for him. And if he thinks about trading all the time without a job, then I see nothing but big stupidity for him.
He do really make a huge mistake because thats not easy as it sounds, you would soon find out once you do try it because dealing up with market is never been that simple on which you would be facing up that huge
challenged and its never been that simple on positioning yourself.Even just deciding whether you would buy or sell then it would be really a challenge this is why dont make yourself to have a living via trading.
Its good that it would really be possible once you do test out or deal with it but it would surely takes time and would be dealing with lots of losses because theres no easy way
on dealing up and also its not a work not at all.

R


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April 07, 2023, 01:16:21 PM
 #77

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
For me, it was not perfect work for jobless people but yes, it was considered an option. And I say this because I want them to know that trading is not suitable for impatient people, not the right place to stay for too emotional as I don't want them to think that it was the last to take and to help them out from being jobless. Because the truth is that trading is stressful, yet also profitable but many people had fail and possibly they can be like them. It was not trading only a solution, we can also run a business if we can.

R


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April 08, 2023, 10:00:11 AM
 #78

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
For me, it was not perfect work for jobless people but yes, it was considered an option. And I say this because I want them to know that trading is not suitable for impatient people, not the right place to stay for too emotional as I don't want them to think that it was the last to take and to help them out from being jobless. Because the truth is that trading is stressful, yet also profitable but many people had fail and possibly they can be like them. It was not trading only a solution, we can also run a business if we can.
Emotions and pace is part of being unemployed. This depends on what type of jobless person you are, if you are unemployed because you quit your job and think you can find another job in a few months then it shouldn't be a problem and you can spend your days learning about trading and experimenting with it.

However, if you have an obstacle that prevents you from going to work, like you have to stay at home and take care of someone, then it is not a method for you because you may not make profit quickly enough and worse yet you may not even make any profit, which means that you will be putting all of your life in danger when you do that. I highly suggest people to take a look at it differently when they have a job instead.

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LastKiss
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April 08, 2023, 11:21:26 AM
 #79

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Get some passive income first I guess since day trading won't guarantee your earning, after you have a decent passive income you can try day trading and become jobless. Since day trading will fit to those who don't have a job I guess you can earn a decent amount to cover your salary when you're working in a company. It's perfect for those who are jobless but still it's not guaranteed to get profit every day so think carefully before you want to start becoming Day Trader.


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April 08, 2023, 12:00:31 PM
 #80

Day trading is not really perfect for jobless persons because is more risky.
As a jobless person who have some savings or some money with him, it is better not to use all you have to do a day trading. The risk involved is high and it is your only job. The best i can advice is to use some part of the money you have to do day trading so that you will loose everything incase the market changes against you.

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April 08, 2023, 12:31:04 PM
 #81

A trader need to other jobs that he can source money from at least until a time he can be successful and consistently make profit from the trade. This means both scalpers and swing trader are involved. Op may be writing in terms of the availability of time for day trading because of the absence of job but it is not to think about it just on the straight way but to also look at the financial aspect of sourcing for funds if the account is liquidated. Every trader needs a source of income.
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April 08, 2023, 12:52:14 PM
 #82

Day trading is not really perfect for jobless persons because is more risky.

And because it was risky, therefore, we were also afraid. I don't think so. Why not try if this will work for us? Because nobody could say that we are not for trading until we try and see the results. If we think that all risky things are difficult and we have no chances, it means that we are closing our doors to improve and become rich. It is a negative mindset perhaps and that kind of thinking will give no way for you to grow but leaven on doubts and worries. And it means that we are losing our opportunities, I should not do that.



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April 08, 2023, 03:35:39 PM
 #83

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
This is one aim I am fervently trying to achieve in the nearest future by becoming a day trader and fully become independent after quitting my 8-5 job, I wanted a freedom from my boss who always monitor our daily job done, though I am aware of the risk involved in becoming a full time day trader nevertheless there are countless number of traders whose only source of income is trading and are very successful in it, though it took them thousand of charting time and skills to achieve it, I am presently learning how to trade as well as trading live account with small fund with the aim of becoming full time trader, though the learning process had been very tough however I am getting well with the learning.

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April 08, 2023, 03:52:28 PM
 #84

In general, trading crypto is considered as one the best sources of funds nowadays. However, without knowing the basics of this field professionally, you could not succeed or earn a large amount of money. In facts, it appears that daily trading is unprofitable during this period due to the market is extremely volatile, it is perilous to consider it as a full time job especially for beginners. And If your capital is not huge, it will be definitely tough to gain significantly in short term.

Moreover, it would be better if you focus on long term strategy instead of short one. In my opinion, it is more effective due to the current market’s condition is unstable and the crypto prices are volatile ( they go up and down) with low value.   Hopefully the bull run is coming soon and everything is linked to Bitcoin. If it goes up, the whole market will rise.
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April 08, 2023, 09:32:34 PM
 #85

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Trading requires discipline, experience, and dedication; if you lack any of these, profiting will become a career that will reject you, my friend. If you want to become a full-time trader, you must understand how the market moves and the type of coins to trade in order to profit. The amount of profit a trader can make also depends on how reliable the market has been, if it does not have the public's interest, the coins will not move up very well, but when it does and everyone is interested in coins, it will be very easy to make some nice % from daily trading and don't forget that you need experience to complate it.

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April 08, 2023, 09:45:20 PM
 #86

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Well, everything is right but trading isn't for all. Those that have been making a living on it have a strong heart because the market is too volatile and strong and you want to hear a fact? Losers are more in trading than winners.
You may get all the freedom that you want when you trade and get to master it but it won't be an easy route for everyone who like to try it.
It is why whenever asks me how they can become a trader, I'm telling them that it's not easy and it will require them a lot of money, yeah for lessons from losing.

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April 09, 2023, 09:10:15 AM
 #87

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Yes trade is like a business and there is enough freedom here. And there is no extra work pressure or office boss pressure. But one problem with this is that trading does not guarantee you regular profits.  And investing here has high risk where you can lose your money. And trading cannot be considered as a passive income. So even if there is Freedom, you cannot run your family depending on it and it may not be able to meet your regular daily expenses. So it is foolish to depend only on trading without thinking of a job or any kind of business. You first need to find a source of passive income and then you can use trading as a source of extra income and it can be day trading or long term holding



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April 09, 2023, 09:38:41 AM
 #88

Crypto trading should never be the first choice of someone's primary income. You do understand that crypto trading comes with a high risk right? There are profits and loss both involved in crypto trading. Even the pros are losing now and then. So choosing it as a primary source of income puts you in a very difficult position in terms of emergency situation.
Not having another source of income could lead you to bankruptcy. And having something that gives you some constant income helps you to grow it more by putting them in your trading. And sometimes it helps to control your emotions after losing some trades. You can put more in your trade later on. But when you only depend on trading, it becomes difficult.
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April 09, 2023, 11:37:49 AM
 #89

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Day trading isn't for everyone who only want to earn without mastering it and considering its risk. Keep in mind that in trading, you would be needing capital and you have to invest time and eagerness to learn everything about it because if you are jobless and want to make money from it without enough knowledge about it yet, you could probably lose more. It's for people who are mentally, emotionally, and financially prepared.
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April 09, 2023, 01:45:22 PM
 #90

If the person you are talking about have already a good cashflow and assets I guess its ideal to make a trade, and those people who have a good background of money already can make a commitment with that kind of statement but if you are seeing a person who does not have this given statement I guess focusing in trading can be a waste of money if the person has a lack of knowledge and assets, we know how does the trading possible make a risk and how does the market get volatile with its price movement. If you are jobless but have skills in trading and have a small capital that can make a 5 to 6 digits figure, if trading is in your path but if not your just wasting your money.

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April 09, 2023, 01:59:12 PM
 #91

If the person you are talking about have already a good cashflow and assets I guess its ideal to make a trade, and those people who have a good background of money already can make a commitment with that kind of statement but if you are seeing a person who does not have this given statement I guess focusing in trading can be a waste of money if the person has a lack of knowledge and assets, we know how does the trading possible make a risk and how does the market get volatile with its price movement. If you are jobless but have skills in trading and have a small capital that can make a 5 to 6 digits figure, if trading is in your path but if not your just wasting your money.
Perhaps, they should be thinking multiple times before entering trading. They must have to know the risk involved here and the consequences of their lapses and mistakes. Because I really don't encourage jobless people to come and trade if they don't have knowledge and skills yet but instead, make use of their money (if they still have it) to find a job. And after landing a job, it was time to look back on trading and try it. What I was trying to say is that they should have secured their finances first rather than believing that trading could save them as it never works so easily, especially for beginners.

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April 09, 2023, 02:35:07 PM
 #92

Perhaps, they should be thinking multiple times before entering trading. They must have to know the risk involved here and the consequences of their lapses and mistakes. Because I really don't encourage jobless people to come and trade if they don't have knowledge and skills yet but instead, make use of their money (if they still have it) to find a job. And after landing a job, it was time to look back on trading and try it. What I was trying to say is that they should have secured their finances first rather than believing that trading could save them as it never works so easily, especially for beginners.
Only if you have been trading before and for some reason lost your job, but continue to trade, only in this case it can be a source of income for you. And even in this case, I believe that there should always be an additional source of income, even if trading has become your main source of income, you should have a safety net.

There are very few professional traders and they work very hard to understand the market and follow the trend. Imagine if it were that easy, every unemployed person could become a trader and make money from it, but this is not the case, so this is not the best advice for someone who needs a stable source of income.
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April 10, 2023, 06:12:23 AM
 #93

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
People who think that just because you can spend time on trading, that means you can profit from trading, are not people who know trading fully well. It's a great way of making profit for people who know how to, doesn't matter if they have a job or not, if they are good at it then they are doing a good job and should do it, jobless or not.

But, if someone is not good at it and doesn't know how to do it yet, then it doesn't matter if they do it or not, they may do a great job at it, then they can keep doing it, but if they suck at it, they can be as jobless as it gets, have nothing to do all day, and still wouldn't mean that they will suddenly become good at trading.

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April 10, 2023, 08:57:35 AM
 #94

A trader need to other jobs that he can source money from at least until a time he can be successful and consistently make profit from the trade. This means both scalpers and swing trader are involved. Op may be writing in terms of the availability of time for day trading because of the absence of job but it is not to think about it just on the straight way but to also look at the financial aspect of sourcing for funds if the account is liquidated. Every trader needs a source of income.


  -   You know that day trading can be done full time as long as you have enough knowledge on how to do it to make a profit every day.
And it's not really easy to do. It's not possible to base your income on guesswork here, it's not always like that, he must know how to use tools or understanding in chart or graph readings.

Because if you don't have the skills I mentioned, it can be said that you can't do day trading here in the crypto space if full time. You will really need another job and just do this crypto trading part time as a start to it.

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April 10, 2023, 04:50:15 PM
 #95

Becoming a full time day trader has the ability to offer you a financial stable life if can learn how to manage the risk involve in trading.

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April 10, 2023, 05:57:42 PM
 #96

yes day trading could be a good job for jobless peoples but only if you have enough money to invest and knowing how to trade like a professional traders to became a day trader you need to learn how to enters, exits
Trading psychology, Emotional control and all aspects of trading to attract the life that you want.

The strategies which you describes are good one but in my option even if you have a job, a day trading does not sound good because you have to keep your eye regularly on price as the price Fluctuates in a second.

If a person wants to enhance money then putting little amount in Bitcoin will be better but not for short term. In investment your risk will be little and one more thing is that depending on trading is not good because if your hope is just trading and you unfortunately loss money then what will you do? There will be no option for you to keep your money in other business as you will loses your money.

Trading can effects financial status because if a person loss little amount then he will try to recover that money so in this case he will face more failure.


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April 10, 2023, 06:21:14 PM
 #97

The strategies which you describes are good one but in my option even if you have a job, a day trading does not sound good because you have to keep your eye regularly on price as the price Fluctuates in a second.

If a person wants to enhance money then putting little amount in Bitcoin will be better but not for short term. In investment your risk will be little and one more thing is that depending on trading is not good because if your hope is just trading and you unfortunately loss money then what will you do? There will be no option for you to keep your money in other business as you will loses your money.

Trading can effects financial status because if a person loss little amount then he will try to recover that money so in this case he will face more failure.
I somehow still think that some people only expect returns from trades while they don't care about the risks. Even though trading is not as smooth as we think because price volatility will determine whether you will succeed in getting a return or even lose because of it. There are times when the strategy is not useful when the market trend changes not according to plan, it should be considered as a risk instead of ignoring it.

If actually day trading was the perfect job for whoever they were, then I think everyone would be trading instead of investing long term. I hope we understand how this market works and that perception has to change.

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April 11, 2023, 02:11:19 PM
 #98

Becoming a full time day trader has the ability to offer you a financial stable life if can learn how to manage the risk involve in trading.

The issue is many are not prepared for the early loses that come with being inexperienced with trading, and then they quit before realizing the potential to become a profitable trader.

Risk versus reward becomes your best friend once you learn to properly manage your emotions and master a profitable strategy.
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April 11, 2023, 03:49:30 PM
 #99

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

how beautiful to imagine that;
- you keep making money smoothly from day trading + being with your family every day and doing what you love together, but what would happen if you did get into day trading?  
- what are the happy things that will happen?

instead of fighting your mind, not everyone is suitable for daily trading, there are many influencing factors such as mental condition - capital - environment - motivation - skill.

being a weekly or a monthly trader, you can still make a profit. I'm going through that I will only sell 25% - 50% (gradually) when the market is bullish then go back to buying with a portion of 25% - 50% gradually too when the market is bearish.



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April 11, 2023, 04:15:10 PM
 #100

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Day trading isn't for everyone who only want to earn without mastering it and considering its risk. Keep in mind that in trading, you would be needing capital and you have to invest time and eagerness to learn everything about it because if you are jobless and want to make money from it without enough knowledge about it yet, you could probably lose more. It's for people who are mentally, emotionally, and financially prepared.

You will also feel pressured to earn or gain profit as you are jobless. I remember before when I lost my job, I wanted to like earn around $10 a day and that was my target, but I was just starting out, and because I am jobless, I pushed myself hard and learned it in just a couple of weeks, but the outcome was still useless, I couldn't still make my own strategy, I lost in the demo, and everything was chaotic. That is why learning to trade takes time and you should not quit. It is only good for jobless people if the trader is already averaging about $10 in profit per day.
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April 11, 2023, 07:00:05 PM
 #101

In my opinion, trading on a daily basis is a bigger risk moreover trading daily,
of course you have to trade in futures trading, and that is the reason why it is very risky,
yes, if you are profitable, maybe just 1 day you can get more than $ 10, but if you lose, your capital will be lost, choose wisely.

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April 11, 2023, 08:47:39 PM
 #102

In my opinion, trading on a daily basis is a bigger risk moreover trading daily,
of course you have to trade in futures trading, and that is the reason why it is very risky,
yes, if you are profitable, maybe just 1 day you can get more than $ 10, but if you lose, your capital will be lost, choose wisely.
You should not make yourself that too desperate or making yourself in a hurry when it comes on making profits with trading because this is something that cant really be that possible or simply that could really be that so easy to deal with considering that this market is really that volatile.Being jobless then your main priority should really be finding a job first and dont make trading as your primary option because thinking that this
is the solution of your hardship when it comes to money then you do got it wrong.There's no way that it would really be that so simple on which a particular individual would
really be able to take a good grasps on trading in a short time.

R


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April 11, 2023, 09:07:09 PM
 #103

In my opinion, trading on a daily basis is a bigger risk moreover trading daily,
of course you have to trade in futures trading, and that is the reason why it is very risky,
yes, if you are profitable, maybe just 1 day you can get more than $ 10, but if you lose, your capital will be lost, choose wisely.
You are right about your idea,but the OP's topic on the fact that day trading is for jobless people is really not  good to use or say because not everyone is interested in making long term investmests or holding because they might consider that it takes a very long period of time  to get money from holding.I know day trading  involves a lot of risk,but it helps alot most atimes when you need urgent money,and when the money you put in trading  yields good result,it definitely helps in paying some bills.

Trading only involves high rate of strategy,and only those who sit down to critically strategise and plan how to trade and it will bring out positivity,are the ones that can make gain in trading.It is not something one will rush or think you can just get it at a blow,it's something that need good strategy and a well planned strategy in order to get the desired result.
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April 14, 2023, 12:50:23 AM
 #104

You are right about your idea,but the OP's topic on the fact that day trading is for jobless people is really not  good to use or say because not everyone is interested in making long term investmests or holding because they might consider that it takes a very long period of time  to get money from holding.I know day trading  involves a lot of risk,but it helps alot most atimes when you need urgent money,and when the money you put in trading  yields good result,it definitely helps in paying some bills.

Trading only involves high rate of strategy,and only those who sit down to critically strategise and plan how to trade and it will bring out positivity,are the ones that can make gain in trading.It is not something one will rush or think you can just get it at a blow,it's something that need good strategy and a well planned strategy in order to get the desired result.
Day trading is even more profitable than the long-term investment because it involves triggering your Profits daily and also making losses. I can cope with that, other than waits a full year and what if the project doesn't turned out to be solidable at the end, it means our time and efforts would become a waste and we look for new project to invest in, I solemnly do not buy that idea. Traders open market position daily and make good mapping that will results in profits at the end of each trade, it depends on how accurate is your trading strategy compared to the seasonal development of the market.

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April 14, 2023, 03:38:44 AM
 #105

It's perfect work until you start losing a lot of money from it because of consecutive bad decisions to invest in some tokens and then you realize that you don't have anything to fall back into. Not to mention that there's a probability that profit isn't guaranteed everyday and you work more hours so I wouldn't say that it's a perfect work for jobless people.
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April 14, 2023, 04:08:28 AM
 #106

You are right about your idea,but the OP's topic on the fact that day trading is for jobless people is really not  good to use or say because not everyone is interested in making long term investmests or holding because they might consider that it takes a very long period of time  to get money from holding.I know day trading  involves a lot of risk,but it helps alot most atimes when you need urgent money,and when the money you put in trading  yields good result,it definitely helps in paying some bills.

Trading only involves high rate of strategy,and only those who sit down to critically strategise and plan how to trade and it will bring out positivity,are the ones that can make gain in trading.It is not something one will rush or think you can just get it at a blow,it's something that need good strategy and a well planned strategy in order to get the desired result.
Day trading is even more profitable than the long-term investment because it involves triggering your Profits daily and also making losses. I can cope with that, other than waits a full year and what if the project doesn't turned out to be solidable at the end, it means our time and efforts would become a waste and we look for new project to invest in, I solemnly do not buy that idea. Traders open market position daily and make good mapping that will results in profits at the end of each trade, it depends on how accurate is your trading strategy compared to the seasonal development of the market.

It cannot be said that trading will make more profit than holding or vice versa. We don't have any proof for that, your profit more or less depends on your ability. Furthermore, we have heard of many people who became rich by investing and holding, but I have not heard of anyone who became rich through trading. Trading is extremely risky and not for everyone, even professional traders have no guarantee of always making a profit. Everything is risky, and the profit is up to you, not trading or holding.

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April 14, 2023, 04:38:50 AM
 #107

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Well, lets be honest, day trading isn't really the perfect work for everyone, especially jobless people out there. Yeah, it might give you freedom and all, but it's super risky and volatile. You can easily lose your money if you don't know what you're doing. Make one mistake, and you ruin your whole trade, ending up making your "broke" and jobless.
Day trading requires a lot of time and dedication to constantly monitor the market, and it can be more stressful for some without a job. I wouldn't recommend it for someone without a stable income or savings to back them up. Better to learn the market and start with a small investment if you really wanna give it a shot, but don't make this your main source of income.

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April 14, 2023, 05:16:32 AM
 #108


You should not make yourself that too desperate or making yourself in a hurry when it comes on making profits with trading because this is something that cant really be that possible or simply that could really be that so easy to deal with considering that this market is really that volatile.Being jobless then your main priority should really be finding a job first and dont make trading as your primary option because thinking that this
is the solution of your hardship when it comes to money then you do got it wrong.There's no way that it would really be that so simple on which a particular individual would
really be able to take a good grasps on trading in a short time.
Trading can be done without having to work for another job, but this is only possible if you have been able to create some capital up to this point, part of which will be used for trading, and the other part will be a safety net for you.

I realize that I could not earn as much from trading as much as I can earn from my job and probably the first question is about the stability of income, but this does not prevent me from working at work and at the same time studying trading, although trading for me is now on stage of study and I can’t talk about any stable income in trading.
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April 14, 2023, 06:07:20 AM
 #109

Day trading is even more profitable than the long-term investment because it involves triggering your Profits daily and also making losses. I can cope with that, other than waits a full year and what if the project doesn't turned out to be solidable at the end,

I believe you're referring to altcoins investment and not Bitcoin because Bitcoin can't fail or be unsellable, if Bitcoin does fail then we won't have a market anymore. Altcoins are very risky investment, for your example use investing in Bitcoin and holding and then trading of Bitcoin. Holding has been more profiting than trading and those who held their Bitcoin instead of trading at are the most successful.

Trading can be profitable but you have to go through risk daily and some days mightn't be profiting and then if you don't have the emotional strength to put those losses behind you, it'll affect your other trades. There's nothing bad with day trading and it isn't a jobless work but not just worth it, just buy and hold.

R


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April 14, 2023, 03:09:00 PM
 #110


You should not make yourself that too desperate or making yourself in a hurry when it comes on making profits with trading because this is something that cant really be that possible or simply that could really be that so easy to deal with considering that this market is really that volatile.Being jobless then your main priority should really be finding a job first and dont make trading as your primary option because thinking that this
is the solution of your hardship when it comes to money then you do got it wrong.There's no way that it would really be that so simple on which a particular individual would
really be able to take a good grasps on trading in a short time.
Trading can be done without having to work for another job, but this is only possible if you have been able to create some capital up to this point, part of which will be used for trading, and the other part will be a safety net for you.

I realize that I could not earn as much from trading as much as I can earn from my job and probably the first question is about the stability of income, but this does not prevent me from working at work and at the same time studying trading, although trading for me is now on stage of study and I can’t talk about any stable income in trading.

I agree with these, for someone starting on trading, it would be very difficult to see it as an income since there are still no assurance that profit is there to be an income. But for those who really puts an effort on kearning and mastering the trading, it is not that impossible to make it into a kind of job. So, I don't agree that it is just for jobless people. Also, for those who have actual jobs, I think day trading can still be done if you can be committed on doing so, since it would be an additional load for you to analyze and understand other than you job.
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April 14, 2023, 04:08:28 PM
 #111

Yes, that is achievable and might be an effective source of revenue.

This is not ideal, though, if all of your money comes from day trading, which may be risky and requires a lot of knowledge, ability, and experience to succeed. Even seasoned traders sometimes experience losing days. Day trading is too hazardous for anyone without a reliable source of income, therefore I don't believe that it's the ideal solution for jobless people. Keeping a standard employment is still a wise choice, as is searching for extra resources and beginning to trade for additional revenue.  Because not everyone is a good fit for trading.
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April 14, 2023, 04:49:47 PM
 #112

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Jobless does not mean that the person is not doing anything extra to feed himself, jobless means probably the person is not working in government firm or private organization but he or she has works to do for survival. If I may put it in this way, day trading is meant for less busy persons and not jobless people. As it is said earlier, who is jobless is unknown.

Trading is something that needs focus and concentration and jobless people as op put are the frustrated people in the society so they might not do well in the trading business. But those who are less busy can perfectly do the trading and relax.









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April 15, 2023, 11:56:21 AM
 #113

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I don't think so.

If you think day trading or whatever kind of trading is fun and enjoyable, you might want to rethink that again. Jobless people jumping to trading right away is a long run process of learning before they could totally enjoy trading because they are making profits. Also, if they don't have any savings, I don't see them doing trading as their job.
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April 17, 2023, 05:14:40 PM
 #114

I somehow still think that some people only expect returns from trades while they don't care about the risks. Even though trading is not as smooth as we think because price volatility will determine whether you will succeed in getting a return or even lose because of it. There are times when the strategy is not useful when the market trend changes not according to plan, it should be considered as a risk instead of ignoring it.

If actually day trading was the perfect job for whoever they were, then I think everyone would be trading instead of investing long term. I hope we understand how this market works and that perception has to change.
That's the issue, people think that if they put enough time in trading then they will make a profit but we all know the reality which is the fact that we are not going to end up with anything that good even if we put the time. Sometimes the market goes down and even if you are a great trader, you could still end up losing a lot of money and that should be an important case for you.

There are tons of people who ended up losing money even when they were veterans during 2022 because it was a bad market period. I understand that we shouldn't be upset about anything that would result with a terrible loss, because if you lose once, then when the market recovers if you insist then you could make a profit instead.
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April 17, 2023, 05:54:28 PM
 #115

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
I don't understand why you think of trading as effort-free and high-income work. Because, if you are doing a job, let's say of a database engineer, then you must be working between 5 AM to 6 PM at most(time could vary with different regions). But if you are a trader or a day trader in cryptocurrency then you are devoting your 24 hours of the day to trading. because you have to observe the market and your opened trades frequently and you will always be in some sort of tension due to a bad trade which could lose you all of your profits plus your own capital.

Day trading is not for newbies, because it requires a hell lot of experience and in crypto, you require more than a hell lot of experience because in other markets, patterns are more understandable and you have access to a bundle of analysis tools to make your profit confirm. But in Crypto, there are fewer tools and the market is highly volatile that you analyze it for one trade then you have to perform analysis before doing another trade in the same pair. I can agree with your query at one point that, jobless people do have a lot of free time to devote on trading and thus get more results than the ones having (devoting) less time.

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April 17, 2023, 06:10:22 PM
 #116

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I don't think so.

If you think day trading or whatever kind of trading is fun and enjoyable, you might want to rethink that again. Jobless people jumping to trading right away is a long run process of learning before they could totally enjoy trading because they are making profits. Also, if they don't have any savings, I don't see them doing trading as their job.

The question is, how long do we need to make us able to trade well? it will require a long process. And in the process where do we meet our needs? rely on family? it is an unwise choice in my opinion. Also in trading we will definitely need capital, where do we get capital when we have no income?
Maybe people will have different views on this matter, but I think it's better to find a definite job first, after that we can learn and make trading an additional income. Trading is not as easy as it seems, so decide wisely.

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April 17, 2023, 08:33:47 PM
 #117

Day trading will gives you good money,when you use it wisely.In day trading,you need to learn some basic to use it for the full time job.The first thing you need to learn from day trading is you need cash out with 5-10% from the invested money in 24 hours of time period.Secondly you should not depend on market pump to maximum value.You should buy with certain value and wait for 5-10% rise of profit based on your investment.Then cash out with 5-10 percentage of money,when the money was reached  as fiat.You can reinvest the same money on other cryptocurrency.Again get 5-10% profit from your investment,when this repeated for 10 times.You will have twice amount of invested money.

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April 17, 2023, 09:24:58 PM
 #118

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I don't think so.

If you think day trading or whatever kind of trading is fun and enjoyable, you might want to rethink that again. Jobless people jumping to trading right away is a long run process of learning before they could totally enjoy trading because they are making profits. Also, if they don't have any savings, I don't see them doing trading as their job.

If they are desperate to look for money, then they should have not to involve themself in crypto trading or any trading sites as this is not suitable for such behavior. Because trading needs patience and if we are in a hurry as we really need to have money every day, trading can't help us instead, this will only cause losses.

Of course, they can try trading as their break time while looking for a stable job but must have to be sure that they already know how trading work. Otherwise, this will bring them hell and regrets.

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April 17, 2023, 09:31:30 PM
 #119

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I don't think so.

If you think day trading or whatever kind of trading is fun and enjoyable, you might want to rethink that again. Jobless people jumping to trading right away is a long run process of learning before they could totally enjoy trading because they are making profits. Also, if they don't have any savings, I don't see them doing trading as their job.

If they are desperate to look for money, then they should have not to involve themself in crypto trading or any trading sites as this is not suitable for such behavior. Because trading needs patience and if we are in a hurry as we really need to have money every day, trading can't help us instead, this will only cause losses.

Of course, they can try trading as their break time while looking for a stable job but must have to be sure that they already know how trading work. Otherwise, this will bring them hell and regrets.
Its true, it would really make things more worst on which you would really be that desperate which would be ending up on rushing up yourself on making profits on which we know that this doesnt fit out on this kind of market. Hurrying up or in a rush will really be not giving you good analysis which would result into lots of errors which is most likely to happen.This is why things arent really meant to be rushed up specially with trading.
You cant really make things to be that put on your favor because you would really be definitely be going to see different outcome, trading could be use as your main job but this wont really be that simple
as it sounds or looks. You might really be ending up on different way.Its a sidejob if you do have a current dayjob.

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April 17, 2023, 11:02:59 PM
 #120

Because based on my experience doing the 100$ I trade, if in terms of day trading the only income I get in 24hours is just playing with 1-5$ daily, it depends on the movement of Bitcoin.

       So what often happens is that I don't follow the time frame I'm doing because I usually have to extend because my target set up has not been reached with what I did to sell or buy. So for me, this title that you made is not advisable for those who are unemployed, especially if the person who will do it is a family member and doesn't know anything about crypto trading.



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April 18, 2023, 01:21:11 AM
 #121

The question is, how long do we need to make us able to trade well? it will require a long process. And in the process where do we meet our needs? rely on family? it is an unwise choice in my opinion. Also in trading we will definitely need capital, where do we get capital when we have no income?
Maybe people will have different views on this matter, but I think it's better to find a definite job first, after that we can learn and make trading an additional income. Trading is not as easy as it seems, so decide wisely.
Good question, sometimes we need a definite job if fall in trading. I have experienced falling in trading in 1 day and woke up quickly after depositing again from my salary definite job. I just think if I don't have an outside job from trading, that will make the trader stress or maybe do criminal things to get money.
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April 18, 2023, 07:23:29 PM
 #122

The reason why people wants to become a trader because they experiencing freedom that they didn't yet experienced before. It is a freedom to work whenever you want, freedom to buy whatever you want, to sell whenever you want and also to make money any time you want. Trading is a job that can give you freedom and also money but does this mean everyone can trade? The answer is yes but not all of them can make it to TOP. The TOP that I'm talking about is the status that the traders achieved and earned, it is where the best traders resides.

I do not agree that trading is the perfect work for the jobless people because for me it is the other way around, there is a huge probability that the jobless people stay jobless because they are lazy to work their ass off. They just anto sit in their chairs or to lay around at their house watching anime or movies. I just want to clarify things because trading is not easy as people thinks. It is one of the hardest job in the world because it requires a great mental flexibility, fortitude and good analyzing skills. The probability of losing of those jobless person immediately starting as a day trader is really high.
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April 18, 2023, 09:08:20 PM
 #123

Don't think it will be a perfect work for jobless people and on the hand it can lead to lots of losses.One need to have good knowledge and experience before he can make consistent profits from the market.A trading plan will also help in getting the most out of the market.One should have a good job and not just depends on one source of income for a good living.

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April 18, 2023, 09:18:57 PM
 #124

Don't think it will be a perfect work for jobless people and on the hand it can lead to lots of losses.One need to have good knowledge and experience before he can make consistent profits from the market.A trading plan will also help in getting the most out of the market.One should have a good job and not just depends on one source of income for a good living.
Come to know that if we are jobless then we dont have money and if you do think that daytrade is the solution then better not proceed because things would really gotten worst if you do have this kind of

mindset on which you are really making trading as your last resort.Never ever tend to make use of your money on this way because once desperation calls then it would really be prone to lots of mistakes

and errors which is something that you should need to avoid as much as you could.Im aint saying that trading doesnt fit out into that criteria but we know on how risky it is
and its not something that everyone could be able to succeed out.Instead on making or generating income, you would rather lost up money instead.

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April 19, 2023, 05:35:32 PM
 #125

Don't think it will be a perfect work for jobless people and on the hand it can lead to lots of losses.One need to have good knowledge and experience before he can make consistent profits from the market.A trading plan will also help in getting the most out of the market.One should have a good job and not just depends on one source of income for a good living.
Come to know that if we are jobless then we dont have money and if you do think that daytrade is the solution then better not proceed because things would really gotten worst if you do have this kind of

mindset on which you are really making trading as your last resort.Never ever tend to make use of your money on this way because once desperation calls then it would really be prone to lots of mistakes

and errors which is something that you should need to avoid as much as you could.Im aint saying that trading doesnt fit out into that criteria but we know on how risky it is
and its not something that everyone could be able to succeed out.Instead on making or generating income, you would rather lost up money instead.

Good point, desperation will push you to lose your money and most of the time if you are jobless you will have a hard time to produce money, day trading might be good if you have a decent amount of time and initial capital, it's not an easy process as you it is, there are many things and factors that you needed to consider before you decide to push your way and start your trade.

Always do your DYOR and see if this venue is fit for the kind of mindset you have, better to have another source of finances before taking your way into trading, especially with day trading.

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April 19, 2023, 09:39:25 PM
 #126

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
On the contrary I disagree with your concept of day trading being a perfect one for "jobless" persons. Be it day or night trading it's expedient and wise you got a back up plan called a "job", else you be like a tree with no roots. Your root in this context is your job where you have to fall on to financially when all forms of trade's made fails.

And with a job that keeps you going through with your bills you don't get triggered to engage in frequent unnecessary risks in your trades because you need to amass much profit at once to cover up a pressing demands due to no other source of financial backup. Yes! Financial freedom is good but in your expedition to attaining it, you ought to do it wisely.

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April 19, 2023, 09:45:25 PM
 #127

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
On the contrary I disagree with your concept of day trading being a perfect one for "jobless" persons. Be it day or night trading it's expedient and wise you got a back up plan called a "job", else you be like a tree with no roots. Your root in this context is your job where you have to fall on to financially when all forms of trade's made fails.

And with a job that keeps you going through with your bills you don't get triggered to engage in frequent unnecessary risks in your trades because you need to amass much profit at once to cover up a pressing demands due to no other source of financial backup. Yes! Financial freedom is good but in your expedition to attaining it, you ought to do it wisely.
We know that job is something that you could really fully rely since you do have that fix salary on monthly basis which we know that these things cant be applied to  those who do seek for jobs.It doesnt really fit out on
the criteria plus its not something that everyone could be able to do so without having any hardship considering that this isnt a thing that anyone could deal off easily with. Instead of making or earning money, you would rather be losing money instead if you dont be able to make it right.This is why  you should really be thinking up first on whats the risks involved so that you wont really be getting shocked if ever you would
be touching up yourself with some trading sessions, sooner or later you would be able to find out on whats the reality of this.

R


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April 21, 2023, 03:58:30 PM
 #128

We know that job is something that you could really fully rely since you do have that fix salary on monthly basis which we know that these things cant be applied to  those who do seek for jobs.It doesnt really fit out on
the criteria plus its not something that everyone could be able to do so without having any hardship considering that this isnt a thing that anyone could deal off easily with. Instead of making or earning money, you would rather be losing money instead if you dont be able to make it right.This is why  you should really be thinking up first on whats the risks involved so that you wont really be getting shocked if ever you would
be touching up yourself with some trading sessions, sooner or later you would be able to find out on whats the reality of this.
Some says that we should not rely on our 9 to 5 job. If your goal is to be rich, yes because it's hard to save up if our income is already fixed and most workers are also suffering from a small pay. Most workers are also working per contract. In other words, they can be removed after 3 or more months.

This is why it's important to have other sources of income. Trading is like any other things in which not all people can be good at but we must not afraid to try it. There are so many learning materials online that we can use. Some are hiring a mentor to make things easier. In our first attempt, we can use play money first. When using real money, we can start with a small amount. If things don't run well after several trades. That must be the time to move on.

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April 21, 2023, 05:45:55 PM
 #129

Some says that we should not rely on our 9 to 5 job. If your goal is to be rich, yes because it's hard to save up if our income is already fixed and most workers are also suffering from a small pay. Most workers are also working per contract. In other words, they can be removed after 3 or more months.

This is why it's important to have other sources of income. Trading is like any other things in which not all people can be good at but we must not afraid to try it. There are so many learning materials online that we can use. Some are hiring a mentor to make things easier. In our first attempt, we can use play money first. When using real money, we can start with a small amount. If things don't run well after several trades. That must be the time to move on.
Employment will not make you rich, it must be at least a private practice if you are a doctor or a lawyer, and that is not so easy.

You can try to get rich trading, but it's even harder than starting a small business, I'm talking about successful trading, that can brings you income. You can learn as much as you want and from anyone, but it will not be easy. And advice with a demo account is not a good idea at all, because I think that this is the same as playing monopoly, yes it can be interesting, but it has nothing to do with real trading and trading experience.

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April 21, 2023, 10:11:41 PM
 #130

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
How is it possible that without a steady job people can control financial freedom for the better. Let's say you are trying to day trade for a job, but you know the risk of return when market conditions are not good and trading small amounts will not make your finances much better, trading requires money to live it. The worst-case scenario for someone who gets involved in trading without holding a steady job is financial ruin, unless you have raised a large amount of capital to get involved.

Trading is also not easy to do like the advice you hear on the youtube channel, they have gone through a long process that has led to the stage of success. Anyone will not sacrifice finances for trading, if they have not mastered the basics of trading and it is even more ridiculous when we don't have another job. Try to think rationally and you will need another job if you are not ready financially in trading.

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April 22, 2023, 04:37:27 PM
 #131


 Employment will not make you rich, it must be at least a private practice if you are a doctor or a lawyer, and that is not so easy.

You can try to get rich trading, but it's even harder than starting a small business, I'm talking about successful trading, that can brings you income. You can learn as much as you want and from anyone, but it will not be easy. And advice with a demo account is not a good idea at all, because I think that this is the same as playing monopoly, yes it can be interesting, but it has nothing to do with real trading and trading experience.
I agree, but we can use this job for us to have money for trading and other investments. Sooner or later an employee needed to think about getting his or her own business according to his likes or maybe the one who has a great value in market. Day trading is good if you don't have any activity not only for jobless though, a jobless person can have a whole time checking his ports.
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April 22, 2023, 05:33:51 PM
 #132

Come to know that if we are jobless then we dont have money and if you do think that daytrade is the solution then better not proceed because things would really gotten worst if you do have this kind of

mindset on which you are really making trading as your last resort.Never ever tend to make use of your money on this way because once desperation calls then it would really be prone to lots of mistakes

and errors which is something that you should need to avoid as much as you could.Im aint saying that trading doesnt fit out into that criteria but we know on how risky it is
and its not something that everyone could be able to succeed out.Instead on making or generating income, you would rather lost up money instead.

Day trading is something I never recommend to anyway since its just a convenient way of losing money in crypto trading. There are not many people who can do day trading effectively, the risk involved in day trading can be seen from the fact that experienced traders at times lose money in crypto trading.

Even then if someone is determined of doing day trading then he should only spend money which he can afford to lose in crypto day trading. You need to have ample time to do this risky investment. 

It is imperative to mention that in job you have a boss from 9 to 5 only while in crypto trading you are the boss of yourself 24/7/365. Since crypto market never sleeps.
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April 22, 2023, 06:27:12 PM
 #133


I agree, but we can use this job for us to have money for trading and other investments. Sooner or later an employee needed to think about getting his or her own business according to his likes or maybe the one who has a great value in market. Day trading is good if you don't have any activity not only for jobless though, a jobless person can have a whole time checking his ports.
Day trading did not bring me good results and I was not worried about making trading my main source of income, since I have assets that provide me with a stable income. I could afford to spend a lot of time learning and testing many strategies, but in the end I realized that this is not for me, because it tires me a lot, even if I make a profit.

My comfortable trading is medium and long term, transactions from several months and longer. But trading is not the main source of income for me, it's more like a hobby that I like, I treat it like a game and I trade for a very small percentage of my portfolio, and the main part of more than 90% of my portfolio now consists of bitcoin.

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April 22, 2023, 06:35:37 PM
 #134

Yes day trading corporation best option for me with a little profits. If you have a larger amount for using trading then you can make us huge profits but i have little assets so that's why i can't take big profits by trading. I am not a professional trader but every day i enjoy it with little profits.
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April 22, 2023, 06:39:25 PM
 #135


 Employment will not make you rich, it must be at least a private practice if you are a doctor or a lawyer, and that is not so easy.

You can try to get rich trading, but it's even harder than starting a small business, I'm talking about successful trading, that can brings you income. You can learn as much as you want and from anyone, but it will not be easy. And advice with a demo account is not a good idea at all, because I think that this is the same as playing monopoly, yes it can be interesting, but it has nothing to do with real trading and trading experience.
I agree, but we can use this job for us to have money for trading and other investments. Sooner or later an employee needed to think about getting his or her own business according to his likes or maybe the one who has a great value in market. Day trading is good if you don't have any activity not only for jobless though, a jobless person can have a whole time checking his ports.
whoever has a bit more time, maybe it will be suitable for day trading. but it all depends on the ability possessed by the trader and also the capital. making profits every day is not an easy matter for a trader with small capital. because if he is unemployed, that means it will only meet his needs from trading. they are thirsty to have targets that are obtained every day. and that requires experience and perseverance.
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April 22, 2023, 06:43:25 PM
 #136


 Employment will not make you rich, it must be at least a private practice if you are a doctor or a lawyer, and that is not so easy.

You can try to get rich trading, but it's even harder than starting a small business, I'm talking about successful trading, that can brings you income. You can learn as much as you want and from anyone, but it will not be easy. And advice with a demo account is not a good idea at all, because I think that this is the same as playing monopoly, yes it can be interesting, but it has nothing to do with real trading and trading experience.
I agree, but we can use this job for us to have money for trading and other investments. Sooner or later an employee needed to think about getting his or her own business according to his likes or maybe the one who has a great value in market. Day trading is good if you don't have any activity not only for jobless though, a jobless person can have a whole time checking his ports.
whoever has a bit more time, maybe it will be suitable for day trading. but it all depends on the ability possessed by the trader and also the capital. making profits every day is not an easy matter for a trader with small capital. because if he is unemployed, that means it will only meet his needs from trading. they are thirsty to have targets that are obtained every day. and that requires experience and perseverance.
Trying to make yourself that profitable in the end of the day or simply making profits despite of losses is something a feat which you cant really be able to pull it off and not something a skill you could be able to learn in a short time.Therefore, it wont really be that good for you to rush up on acquiring such skill because there's no way on doing so.Just like on what other people been saying that it isnt
something an option for you to take specially when you dont have job because it isnt something that could really be able to handle in a short time,plus you would be requiring some funds
which would really be used up of course.
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April 22, 2023, 09:44:44 PM
 #137

Not having job, not having anything you are doing and only depend on trading? That makes trading to be riskier and it can result to a poor mindset that will not offer anything more than losses. Do not depend on trading.

Even if you have work that you are doing, only use little percentage of your weekly earning for trading, not making it to affect your financial or family financial life.
Day trading has its own risks, and it’s even more riskier if trading is your only source of income. You might be profitable at first but eventually, if the market is not good enough to trade, you will never make profits and you will start struggling on providing for your necessities in life. That is why day trading or long term trading should only be your side hustle, as it will only create additional profits to your main source of income.

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April 22, 2023, 10:14:05 PM
 #138

Not having job, not having anything you are doing and only depend on trading? That makes trading to be riskier and it can result to a poor mindset that will not offer anything more than losses. Do not depend on trading.

Even if you have work that you are doing, only use little percentage of your weekly earning for trading, not making it to affect your financial or family financial life.
Day trading has its own risks, and it’s even more riskier if trading is your only source of income. You might be profitable at first but eventually, if the market is not good enough to trade, you will never make profits and you will start struggling on providing for your necessities in life. That is why day trading or long term trading should only be your side hustle, as it will only create additional profits to your main source of income.

just do this activity as a sideline and not your main source of income. you will be in debt if you will depend on your trading profits alone. as there's no guarantee of getting profits, you will be agitated if you can survive another day on this path.
if you have other means to earn money such as stable job, then, don't quit. you need a fallback on this trading journey.
if not, you may find yourself  in deep trouble.

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April 22, 2023, 10:50:03 PM
 #139

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
I think its not that simple my friend, if you don't have job  means you don't have money, how can we do trading if we don't have money? And how can we buy things for our daily needs? Life without a job is miserable except to those who are already rich and no problem about the financial aspect.


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April 22, 2023, 11:52:22 PM
 #140

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I somehow disagree wih this statement.

Trading is highly recommended to someone who has prior experience in this kind of platform. Without any experience, a newbie/beginner would most likely experience loss due to the nature of trading which requires some technical skill.

If a person is jobless, then the best course of action is to look for a job that regularly pays and a portion of that income be allocated to his investments. Going in blindly in trading is like suicide to your resources.

R


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April 23, 2023, 09:38:15 AM
 #141

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.


When you know that your income depends only on you, and if you don’t earn money, you won’t be able to feed your family, then you don’t have to look for motivation. If you live on your own, you don't have a family and you have good financial savings, then there may be problems with motivation, although I have always strived to find a few more ways to make some money, if I like it then I will work in this direction. For me, even a few days to sit idle seems to be a difficult task.

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April 23, 2023, 10:12:38 AM
 #142

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.

When you know that your income depends only on you, and if you don’t earn money, you won’t be able to feed your family, then you don’t have to look for motivation. If you live on your own, you don't have a family and you have good financial savings, then there may be problems with motivation, although I have always strived to find a few more ways to make some money, if I like it then I will work in this direction. For me, even a few days to sit idle seems to be a difficult task.

Yeah, its really hard when we can't meet our family's needs since it's our responsibility we find any way to fulfill our responsibility. But if I don't have enough money to fulfill my family's needs I will prefer on getting a passive income rather than risking my money in trading, Trading in crypto is really volatile we can't predict where the market will move although many decent analysis saying the crypto will go at a certain point.


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April 23, 2023, 10:36:13 AM
Merited by stomachgrowls (1)
 #143

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.

When you know that your income depends only on you, and if you don’t earn money, you won’t be able to feed your family, then you don’t have to look for motivation. If you live on your own, you don't have a family and you have good financial savings, then there may be problems with motivation, although I have always strived to find a few more ways to make some money, if I like it then I will work in this direction. For me, even a few days to sit idle seems to be a difficult task.

Yeah, its really hard when we can't meet our family's needs since it's our responsibility we find any way to fulfill our responsibility. But if I don't have enough money to fulfill my family's needs I will prefer on getting a passive income rather than risking my money in trading, Trading in crypto is really volatile we can't predict where the market will move although many decent analysis saying the crypto will go at a certain point.
I do really know that kind of feeling which is something that i dont really like to feel on where you cant really give out on the things where your family does need something and as a father then it do really

saddens me and really put up into a certain condition on which desperation would really be next on which you would be thinking up ways and methods which i cant blame out people to be reconsidering about trading which we know that its something that risky to be deal off with but once you do have a good grasps into it then you would surely be having that kind of chance on making your life way more better.

Although its not really that you last resort because we know things which cant really be that for us or something that hard to be done in the first place which means
that it would be taking that much time.

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April 23, 2023, 12:31:51 PM
 #144

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Trading is not a work, trading is trading. There is no real value created when someone trades, I can't call it a job and if you think that you can solve the problem of jobless people by pushing them to trade daily, you are doing the worst thing for them. Average jobless person is not a crypto whale, so he has to follow the waves but the problem is that you can't really predict when you'll be able to surf on wave and when this wave will destroy you. To be frank, trading highly depends on luck, not on skills, it's not a different from gambling.


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April 23, 2023, 12:43:10 PM
 #145

Day trading is a high-risk activity that requires experience, knowledge, and a lot of time commitment. It is not a recommended profession for jobless individuals or those without proper training and preparation.
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April 23, 2023, 01:58:43 PM
 #146

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.

When you know that your income depends only on you, and if you don’t earn money, you won’t be able to feed your family, then you don’t have to look for motivation. If you live on your own, you don't have a family and you have good financial savings, then there may be problems with motivation, although I have always strived to find a few more ways to make some money, if I like it then I will work in this direction. For me, even a few days to sit idle seems to be a difficult task.

Yeah, its really hard when we can't meet our family's needs since it's our responsibility we find any way to fulfill our responsibility. But if I don't have enough money to fulfill my family's needs I will prefer on getting a passive income rather than risking my money in trading, Trading in crypto is really volatile we can't predict where the market will move although many decent analysis saying the crypto will go at a certain point.
Depending on trade is not a wise decision, moreover we do not have the income to make ends meet. Just like you, I would prefer a definite job to earn money than trading. Trading is recommended for additional income only, not the main income. What's more, they are small traders, they also definitely have to learn first to get the trade they want. If they study without any income then that is not a good thing at all.

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April 23, 2023, 02:28:49 PM
 #147


It can only be perfect when the person already has experience for a year or more. And even so, day trading can still disappoint him when the market didn't go his way. The crypto market is not as friendly as having a bull run all the time, it has its bear market which is very unpredictable.

Nowadays you can see people saying the bear market is over but you will be surprised that after a week the price will plunge to $23k. (Just my example of an unpredictable market) Becoming a day trader is not easy so I hope they won't leave their job and focus on day trading.
Day trading may be promising and profitable but not all day traders are meant to succeed. Some are just good at the beginning, but eventually lost their enthusiasm once they incur losses and end up quitting. The reason why it can’t be reliable and sustainable as a single source of income. So if you plan to be a day trader, never leave your job and think that trading will give you everything. Even successful traders do not rely on it solely, so how much more for beginner day traders.

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April 23, 2023, 03:13:13 PM
 #148


It can only be perfect when the person already has experience for a year or more. And even so, day trading can still disappoint him when the market didn't go his way. The crypto market is not as friendly as having a bull run all the time, it has its bear market which is very unpredictable.

Nowadays you can see people saying the bear market is over but you will be surprised that after a week the price will plunge to $23k. (Just my example of an unpredictable market) Becoming a day trader is not easy so I hope they won't leave their job and focus on day trading.
Day trading may be promising and profitable but not all day traders are meant to succeed. Some are just good at the beginning, but eventually lost their enthusiasm once they incur losses and end up quitting. The reason why it can’t be reliable and sustainable as a single source of income. So if you plan to be a day trader, never leave your job and think that trading will give you everything. Even successful traders do not rely on it solely, so how much more for beginner day traders.

We shouldn't disregard the fact that day trading is too risky so we can't consider it as a main source of income though it is undeniably profitable but it requires knowledge and full understanding. We can have it as a side job but not the only job that we should have unless we are well experienced and we're able to deal with the risks of the market's volatility. Having is formal job while doing it is still the smartest way to earn.
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April 28, 2023, 09:28:31 PM
 #149

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain

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April 28, 2023, 09:39:11 PM
 #150

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
Agree. We don't think that trading is an easy way to earn money. Sometimes trading is very difficult to get profits, especially when the market trend tends to be free fall. I don't know whether it is most difficult or not, but it is true that trading is not easy to do. If jobless people expect to earn regular money from trading, I bet they will be disappointed. Moreover, if they just learn about trading and it is their first journey in trading. I guess they are more likely to lose money than earn money. Well, some losses may lead them to quit soon.  Grin



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April 28, 2023, 09:47:12 PM
 #151


It can only be perfect when the person already has experience for a year or more. And even so, day trading can still disappoint him when the market didn't go his way. The crypto market is not as friendly as having a bull run all the time, it has its bear market which is very unpredictable.

Nowadays you can see people saying the bear market is over but you will be surprised that after a week the price will plunge to $23k. (Just my example of an unpredictable market) Becoming a day trader is not easy so I hope they won't leave their job and focus on day trading.
Day trading may be promising and profitable but not all day traders are meant to succeed. Some are just good at the beginning, but eventually lost their enthusiasm once they incur losses and end up quitting. The reason why it can’t be reliable and sustainable as a single source of income. So if you plan to be a day trader, never leave your job and think that trading will give you everything. Even successful traders do not rely on it solely, so how much more for beginner day traders.

We shouldn't disregard the fact that day trading is too risky so we can't consider it as a main source of income though it is undeniably profitable but it requires knowledge and full understanding. We can have it as a side job but not the only job that we should have unless we are well experienced and we're able to deal with the risks of the market's volatility. Having is formal job while doing it is still the smartest way to earn.
For those people who do believe that it might really simple as it sounds, then let them be able to experience that bitter scenario when facing or engaging with day trade.This isnt something that anyone could pull on,
considering that trading isnt really that just simple as it looks and sounds on where anyone could just simply decide and tell that they would be making trading as their main source of income or being that their main job.
It cant really be just that too easy and you would be finding it for yourself on how it would really be looks like. Having no job and making trading as your option or your last resort might make situations even gotten more worst because this isnt a thing that you would be dealing up with short time and you could be able to get a good hold or learning from it. Of course it would be taking a long time before you could really be able to learn up well. You cant really just simply say that day trading is perfect for jobless people, yes if you could be able to sustain but starting up would be the toughest challenge.

R


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April 29, 2023, 02:43:52 AM
 #152

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

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April 29, 2023, 06:13:21 PM
 #153

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

They need to have a backup fund while investing, there's no guarantee that they will always have a winning trade, I see your point and I agree that the chance to improve your financial status can be done by using this venue of investment, but also not to forget about the risk that you need to take care as there's always a missed interpretation in this business.

Trading both short or long term is profitable to those who know how to manage their finances and how to anticipate the movement of the market.

Without the knowledge, even you have a whole time to trade, you will still suffer losing your initial investment.

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April 29, 2023, 07:03:23 PM
 #154

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.
It's not only just that. Coming from my freelancing experience, another cons of having that kind of "freedom" is that you will have a non-stable income and that might not be great for those who have a family to feed. Sure flexibility happens to be there, but people should still consider that they would need money at any time.

If your trading experience gives you almost equal to your "9-5" job and you're already exhausted, you might consider just going back to your 9-5 work for stability and peace of mind. Back when I was freelancing and day trading, there were weeks of drought and you're just going to be stagnant for a while and that kinda sucks especially if you have bills to pay

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April 29, 2023, 08:10:48 PM
 #155

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.
Yes trading is certainly full of risks which we cannot completely avoid,
knowledge and skills are needed in trading and if you don't have them then you need to learn,
relying entirely on trading is not a good choice because it is a risk.

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April 29, 2023, 09:28:04 PM
 #156

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

They need to have a backup fund while investing, there's no guarantee that they will always have a winning trade, I see your point and I agree that the chance to improve your financial status can be done by using this venue of investment, but also not to forget about the risk that you need to take care as there's always a missed interpretation in this business.

Trading both short or long term is profitable to those who know how to manage their finances and how to anticipate the movement of the market.

Without the knowledge, even you have a whole time to trade, you will still suffer losing your initial investment.
^Stable source of income is very important to us and even for me, I will not risk my lifestyle by relying on an unstable source of income.
But if I were you, it may be wise for the unemployed to explore other sources of income while they work on building their trading skills and experience. This could include taking on part-time work or freelancing, or even investing in themselves by pursuing education or training in a field that interests them. Because on my own, is good to have a backup plan and to be prepared for any potential challenges or setbacks along the way. So find a stable job that gives a stable source of income and trading could be your alternative source of income.
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April 29, 2023, 09:33:53 PM
 #157

Yes trading is certainly full of risks which we cannot completely avoid,
knowledge and skills are needed in trading and if you don't have them then you need to learn,
relying entirely on trading is not a good choice because it is a risk.
what to expect from a full trade? generate profits for daily needs? So if when you don't make a profit, what will the trader do to make ends meet?
Merchants are better off considering it as additional income. that's better. why should make it the main income? especially if it is a novice trader who has coincidentally gotten lucky with a few profitable trades. more of them are novice traders who do that. without knowing more the risks they face.

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April 29, 2023, 09:59:01 PM
 #158

I will not say this perfect because not everyone is able to handle day trading. except that the person is really serious with the daily trading activities. for, it is complex and need high discipline and commitment. The discipline and commitment in every thing related to day trading, including the ability gained from learning.
however, it is surely if someone is really serious and learning about the best strategy to do day trades, this is exactly appropriate enough for jobless. Because they may have more times and enoguh energy to do day trading. Day trading may also need certain time to execute, and jobless may focus on it and have spare ttime to execute in the right time. But once more, it doesn't mean that it is easy even for jobless.

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May 02, 2023, 09:24:46 AM
 #159

If you think that it is impossible to work for day work, then you may find yourself into quite a state of mind like a boss, a lot of people are already involved in day trading but this does not mean that it will be more effective than day trading. The good thing awork for an easy pay period and enjoy your day. You just have to find the right time to do the work. The good thing about day trading is that you can be profitable but you should be able to be profitable in this way.
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May 02, 2023, 10:15:16 AM
 #160

I will not say this perfect because not everyone is able to handle day trading. except that the person is really serious with the daily trading activities. for, it is complex and need high discipline and commitment. The discipline and commitment in every thing related to day trading, including the ability gained from learning.
however, it is surely if someone is really serious and learning about the best strategy to do day trades, this is exactly appropriate enough for jobless. Because they may have more times and enoguh energy to do day trading. Day trading may also need certain time to execute, and jobless may focus on it and have spare ttime to execute in the right time. But once more, it doesn't mean that it is easy even for jobless.
Day trading is brutal honestly.

Not everyone can attain the hurtful market all at once everyday. Ask real day traders if that's how they trade unlike the perspective and opinion from someone who think that it's profitable.

It's most of the time that it's not profitable and they're just learning also from their experiences that this market can be or not for them. And they realize that when they are either bankrupted or won with their trades.

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May 02, 2023, 12:32:11 PM
 #161

what to expect from a full trade? generate profits for daily needs? So if when you don't make a profit, what will the trader do to make ends meet?
Merchants are better off considering it as additional income. that's better. why should make it the main income? especially if it is a novice trader who has coincidentally gotten lucky with a few profitable trades. more of them are novice traders who do that. without knowing more the risks they face.
I am of the opinion that trading at the initial stage should always be perceived as an opportunity to make additional profit. Whether you have a job or not, it won't hurt you to try your best in trading. In addition, if you do not have a job and your financial situation is not the best, then I would not build illusions for myself that trading can become the main source of income in this case, since a series of unsuccessful transactions can leave you without money and this will be a very difficult situation. It is better to have a job and at the same time try how good you are at trading.
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May 02, 2023, 12:52:07 PM
 #162

what to expect from a full trade? generate profits for daily needs? So if when you don't make a profit, what will the trader do to make ends meet?
Merchants are better off considering it as additional income. that's better. why should make it the main income? especially if it is a novice trader who has coincidentally gotten lucky with a few profitable trades. more of them are novice traders who do that. without knowing more the risks they face.
I am of the opinion that trading at the initial stage should always be perceived as an opportunity to make additional profit. Whether you have a job or not, it won't hurt you to try your best in trading. In addition, if you do not have a job and your financial situation is not the best, then I would not build illusions for myself that trading can become the main source of income in this case, since a series of unsuccessful transactions can leave you without money and this will be a very difficult situation. It is better to have a job and at the same time try how good you are at trading.

Also, most of the traders that I've known who are full-time traders come from full-time work and just got fed up with having 8- 5 work and are not doing it full-time, but there are others that still stay at work while trading. Though coming from someone who is unemployed and goes to trading, it wouldn't be successful for sure unless you came from a rich family and have a lot of money to spend on trading, but for sure he is not reachable and just wants to find a source of income.
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May 02, 2023, 02:59:22 PM
 #163

I will not say this perfect because not everyone is able to handle day trading. except that the person is really serious with the daily trading activities. for, it is complex and need high discipline and commitment. The discipline and commitment in every thing related to day trading, including the ability gained from learning.
however, it is surely if someone is really serious and learning about the best strategy to do day trades, this is exactly appropriate enough for jobless. Because they may have more times and enoguh energy to do day trading. Day trading may also need certain time to execute, and jobless may focus on it and have spare ttime to execute in the right time. But once more, it doesn't mean that it is easy even for jobless.
As you said, this kind of condition needs a struggle beforehand because of course there is more learning and conditions where we really have to be serious in doing it to be able to make this as an income even if we don't have a job.

But on the other hand no matter how strong and how good of course it is also still very risky and even not always in day trading it can be profitable I think.

Maybe I'm wrong in this but I'm still pretty sure, no matter how great the loss will at least be obtained at least once.

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May 02, 2023, 04:00:12 PM
 #164

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
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Also freedom from your Boss.
I also believe, that every person on this earth, would want to get freedom, especially financial matters. But that doesn't mean that financial freedom means being unemployed, in fact, people who are already financially free, as far as I know, are more hardworking people. Because usually people who are financially free always have a forward mindset, such as opening a business and investing.
Talking about doing daily trading, it will definitely require a more thorough and more optimal analysis, so it definitely takes more time to do the analysis. But in my opinion, people who do daily trading (like in crypto), can be categorized as people who have a job, because doing market analysis is not an easy thing, it takes quite a long time so that the results are maximized and doing analysis is a job too. So in essence, when it comes to financial freedom, it doesn't mean being lazy and doing whatever you want. But financial freedom is a time when you feel that you have more than enough of your possessions, have enough income to live on, and are no longer worried about using your possessions. And if you want to reach this stage is not easy, it takes extra hard work to live it.

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May 02, 2023, 04:49:19 PM
 #165

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Trading can be an option for earning money but it is not applicable for everyone. Here those who will manage the trading with patience and control the greed and gain good knowledge about all the trading related matters will be considered suitable for trading. But it is not an easy task to profit by trading. This is an even bigger challenge for those who do day trading. It can be a good earning platform for those who are not yet engaged in any duty if they are able to master it they will be flourished.

But keep in mined that day trading is very risky. There is fear of losing money if there is a slight mistake. If someone followed proper way then it can be  a job for jobless people where there is no specific income but there is a chance to earn good money if someone trade with knowledge and experience.

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May 02, 2023, 05:20:46 PM
 #166

But keep in mined that day trading is very risky. There is fear of losing money if there is a slight mistake. If someone followed proper way then it can be  a job for jobless people where there is no specific income but there is a chance to earn good money if someone trade with knowledge and experience.
even though you have experience in trading, still day trading cannot continue to bring profits easily. Mastery of emotions is very important for day traders. it makes them calmly see the market opportunities they can get. and immediately leave the market when it is felt that conditions are not according to plan.
maybe some trade daily to make ends meet. but I'm sure the trading is done definitely with a large enough capital.



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May 03, 2023, 10:22:04 AM
 #167

While day trading it can be a way to generate supplemental income or even a full-time career opportunity, it is not an easy business and can be very difficult
Day trading has become more popular worldwide since the onset of the coronavirus pandemic, but the average day trader loses money
While some people may be interested in day trading as a part-time opportunity, it is important to note that it requires wealth, time, temperament, and skill to make money and sustain losses
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May 03, 2023, 02:30:32 PM
 #168

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Engaging in trading has to do with experience and being an expertise  in trading, so this does not only get limited to a particular kind of trade we do, bit we have to achieve a practical experience in trading to help us have the very potential needed to make something out of if, it's not something that we make a daily income from even though we choose to engage with day trading, there's no guarantee we must make income everyday except that luck comes in for us.

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May 03, 2023, 07:41:53 PM
 #169

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
I also believe, that every person on this earth, would want to get freedom, especially financial matters. But that doesn't mean that financial freedom means being unemployed, in fact, people who are already financially free, as far as I know, are more hardworking people. Because usually people who are financially free always have a forward mindset, such as opening a business and investing.
Talking about doing daily trading, it will definitely require a more thorough and more optimal analysis, so it definitely takes more time to do the analysis. But in my opinion, people who do daily trading (like in crypto), can be categorized as people who have a job, because doing market analysis is not an easy thing, it takes quite a long time so that the results are maximized and doing analysis is a job too. So in essence, when it comes to financial freedom, it doesn't mean being lazy and doing whatever you want. But financial freedom is a time when you feel that you have more than enough of your possessions, have enough income to live on, and are no longer worried about using your possessions. And if you want to reach this stage is not easy, it takes extra hard work to live it.

Having that kind of mindset on which you should be unemployed first before you would be having that chance on getting some trading and would make yourself that rich or financially stabled or freedom? This is something that is really just that too wrong to mind off. We know that trading is never been that easy or simple on which its not even an option for a jobless people to trade on and make this as a replacement for their jobs.
Its not a perfect thing but it wont really be that a bad choice too considering that this place or thing would really be that optional on which it would really be that just right that outcome could neither be sitting into positive or negative.It would all vary on how well you do make out trades and also instead of making money then you could lose either and this is part of the risks on which you should really be wary of.
Most mistakes and errors do occur when people do really have those kind of insights which arent even realistic at all.

The solution on this one is on having to look for some job as best as you could and on the time that you would be having your job then make trading as a side income if you are really that planning to widen up your
earning chances on which you could really make yourself that financially sustainable.

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May 04, 2023, 04:47:36 AM
 #170

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Engaging in trading has to do with experience and being an expertise  in trading, so this does not only get limited to a particular kind of trade we do, bit we have to achieve a practical experience in trading to help us have the very potential needed to make something out of if, it's not something that we make a daily income from even though we choose to engage with day trading, there's no guarantee we must make income everyday except that luck comes in for us.

You need to experience everything then enhance your skills to compete more accurately, the advantage that I can see is you have a decent amount of time to work on with your skills, the progress compared to people who are just using trading as side hustle is better, if you use your time accordingly then you will be able to manage things in the right manner.

I believe there's side of this statement where it fits for jobless people if they will focus in things that will bring them the success, but even you have lots of time but you don't use it as your advantage to enhance your knowledge, then that statement still invalid.

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May 04, 2023, 08:51:58 AM
 #171

Also, most of the traders that I've known who are full-time traders come from full-time work and just got fed up with having 8- 5 work and are not doing it full-time, but there are others that still stay at work while trading. Though coming from someone who is unemployed and goes to trading, it wouldn't be successful for sure unless you came from a rich family and have a lot of money to spend on trading, but for sure he is not reachable and just wants to find a source of income.
There are always exceptions, but how many successful traders are there who can afford not to go to work and consistently make money on trading?

I also believe that in this case you need to have a good reserve of funds, that in case of failure, this did not put the trader in a difficult situation and he had something to work with further. As for trading, I am of the opinion that for the most part it should be just an additional income and only if it can generate income for a long period of time, I'm talking about several years, then perhaps this can become the main type of income.
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May 04, 2023, 10:24:44 AM
 #172

Also, most of the traders that I've known who are full-time traders come from full-time work and just got fed up with having 8- 5 work and are not doing it full-time, but there are others that still stay at work while trading. Though coming from someone who is unemployed and goes to trading, it wouldn't be successful for sure unless you came from a rich family and have a lot of money to spend on trading, but for sure he is not reachable and just wants to find a source of income.
There are always exceptions, but how many successful traders are there who can afford not to go to work and consistently make money on trading?

I also believe that in this case you need to have a good reserve of funds, that in case of failure, this did not put the trader in a difficult situation and he had something to work with further. As for trading, I am of the opinion that for the most part it should be just an additional income and only if it can generate income for a long period of time, I'm talking about several years, then perhaps this can become the main type of income.

That is why I've stated that there are full-time traders who come from full-time work, as they are already consistently making money, but imagine those unemployed people who aren't rich. How do they get funds to start trading when they still need to learn? So still, it is difficult, unless you are rich. Getting full-time in trading is not for everyone. Maybe for you, it is successful, but there are people who, in the long run, are losing.
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May 04, 2023, 03:52:59 PM
 #173

If you think that it is impossible to work for day work, then you may find yourself into quite a state of mind like a boss, a lot of people are already involved in day trading but this does not mean that it will be more effective than day trading. The good thing awork for an easy pay period and enjoy your day. You just have to find the right time to do the work. The good thing about day trading is that you can be profitable but you should be able to be profitable in this way.

There's no perfect trade than in is making every trade we do appear the perfect one from how we take it, many kinds of trades are available and bitcoin traders think twice before they go with a particular one because they would have understood the risk involved and know the way out in making a balance of it all, we cannot assume day trading as the perfect option for any jobless person because it may appears not the easiest trade for some people while some can find it interesting.

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May 04, 2023, 04:02:25 PM
 #174

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
As long as they are willing to learn how to trade and they have the passion to pursue it despite the fact of they can encounter heavy losses along the process. Jobless means they have a lot of time and this time can really put into something like learning. I personally know a friend that is a full time trader, he originally has no work but he discovered trading and has the eagerness to learn about it. Today, I believe that he is a profitable trader and he got most of his losses from his past trades when he was just getting the grasp of trading.  I'm sure there are other who has the same situation.
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May 04, 2023, 04:45:49 PM
 #175

Day trading can be an attractive opportunity for some people, especially those who are looking for flexible work and want to have more control over their schedule. However, it should be borne in mind that trading in financial markets is a complex and risky activity that requires a certain level of knowledge, skills and experience.
If you are interested in day trading, it is important to go to qualified professionals to get the education and training you need. You will need to learn different trading methods, understand the basics of market analysis, be aware of risks, and be able to make informed decisions based on data and market information.
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May 04, 2023, 06:50:06 PM
 #176

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
come on, how can an unemployed person match day trading?

how do you make money if only the income he gets when trading doesn't match expectations!

an unemployed person is better off looking for a more stable job or business then if he wants to change his career to become a trader, he doesn't have to worry anymore about the capital he will use.  Currently, there are many jobs available and also business opportunities that a jobless person can try, but for daily trading, it is very risky.

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May 05, 2023, 04:25:24 PM
 #177

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
come on, how can an unemployed person match day trading?

how do you make money if only the income he gets when trading doesn't match expectations!

an unemployed person is better off looking for a more stable job or business then if he wants to change his career to become a trader, he doesn't have to worry anymore about the capital he will use.  Currently, there are many jobs available and also business opportunities that a jobless person can try, but for daily trading, it is very risky.
Being unemployed doesn't mean having no income at all. There are many side hustle today that can really bring good income, Students are taking advantage of it and what more on an unemployed person. Though being stable or having a business is better than just relying on these side hustles. As you know I have an unemployed friend who is now I can say a good trader and gets a good amount of money by just trading. It's also an opportunity for unemployed person to still be productive even if he doesn't have a stable job. Imagine person with disabilities, They are most likely the one who are unemployed but being a trader is one option for them to generate a possible income even they are not physically working.
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May 05, 2023, 05:16:25 PM
 #178

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
come on, how can an unemployed person match day trading?

how do you make money if only the income he gets when trading doesn't match expectations!

an unemployed person is better off looking for a more stable job or business then if he wants to change his career to become a trader, he doesn't have to worry anymore about the capital he will use.  Currently, there are many jobs available and also business opportunities that a jobless person can try, but for daily trading, it is very risky.
Being unemployed doesn't mean having no income at all. There are many side hustle today that can really bring good income, Students are taking advantage of it and what more on an unemployed person. Though being stable or having a business is better than just relying on these side hustles. As you know I have an unemployed friend who is now I can say a good trader and gets a good amount of money by just trading. It's also an opportunity for unemployed person to still be productive even if he doesn't have a stable job. Imagine person with disabilities, They are most likely the one who are unemployed but being a trader is one option for them to generate a possible income even they are not physically working.

A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment.

We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.

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May 06, 2023, 12:11:47 AM
 #179

A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment.

We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
Such person i'm sure are rare, what i know from my experience from everyone that have tried trading in their career is that most of them don't even qualify to be called making consistent income, sometime they lose sometime the win and losing is occuring more frequently. I don't know if someone have differing experience, but from what I can tell, majority of traders are just giving away their money to the big traders, meaning they are losing. even strategy of following technical analysis are called by some useless because even the whales use such strategy to determine on what the general public gonna do and then make decision against it so they got the upper hand in that case it just means that the bigger fish always swallow the smaller ones.

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May 06, 2023, 01:46:07 AM
 #180

Trading can be a great option for jobless people, I mean, it does offer a lot of freedom and flexibility. But, I think it's also important to consider that it's not for everyone, you know? Like, it requires a specific skill set and mindset to succeed in day trading.

If someone is willing to put in the time and effort to learn about the market, and they're comfortable with taking on some level of risk, then sure, day trading could be a good fit. Plus, like you said, there's that freedom from having a boss and being able to work from anywhere, which is definitely a bonus.

But, you know, it's also important to remember that it can be a pretty stressful job, and it might not be the best choice for someone who's looking for a more stable and predictable income. So, essential to weigh the pros and cons before diving in.

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May 06, 2023, 01:15:30 PM
 #181

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
come on, how can an unemployed person match day trading?

how do you make money if only the income he gets when trading doesn't match expectations!

an unemployed person is better off looking for a more stable job or business then if he wants to change his career to become a trader, he doesn't have to worry anymore about the capital he will use.  Currently, there are many jobs available and also business opportunities that a jobless person can try, but for daily trading, it is very risky.
Being unemployed doesn't mean having no income at all. There are many side hustle today that can really bring good income, Students are taking advantage of it and what more on an unemployed person. Though being stable or having a business is better than just relying on these side hustles. As you know I have an unemployed friend who is now I can say a good trader and gets a good amount of money by just trading. It's also an opportunity for unemployed person to still be productive even if he doesn't have a stable job. Imagine person with disabilities, They are most likely the one who are unemployed but being a trader is one option for them to generate a possible income even they are not physically working.

A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment.

We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
That is the reason why trading is not for everyone, there are qualities that you should have in order to make successful in this field. I do not agree to some people who said that it is for everyone, I already witnessed a lot of crazy things especially for those traders who experienced huge losses. Do you remember when the $LUNA crashed? there are a lot of traders who did a suicide because of the money that they lost. Crazy right? It is one of the reason why trading is not for everyone.

You need a strong mental fortitude, neutral emotion every single time and good mental flexibility. It is not about reading charts, price, and checking patterns; it is about how you think as a trader. Imagine you do not have any qualities like what I mentioned and you invested your hard earned money to it and then you suddenly lose all of it, what will you feel? how will you respond to what happen? do you have any guts to start all over again and regain what you have been lose? or you will just quit and forget about trading?

I know someone who quit in their trading career because of what they have been loss, one thing is clear for me. Trading is not for everyone especially if you are the person who do not want to take the risk, who are pressure to make profit and who are afraid to make mistakes. Remember that the qualities of the trader can be earn and can be learn. It is up to you on if you will do it or not.
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May 08, 2023, 06:01:07 AM
 #182

Being unemployed doesn't mean having no income at all. There are many side hustle today that can really bring good income, Students are taking advantage of it and what more on an unemployed person. Though being stable or having a business is better than just relying on these side hustles. As you know I have an unemployed friend who is now I can say a good trader and gets a good amount of money by just trading. It's also an opportunity for unemployed person to still be productive even if he doesn't have a stable job. Imagine person with disabilities, They are most likely the one who are unemployed but being a trader is one option for them to generate a possible income even they are not physically working.
Apart from the main work, an unemployed individual exerts considerable effort in other areas. Most bills are paid through side hustles since that is what keeps them going. Trading requires capital to begin, and not everyone has capital, which is why they tend to pursue side hustles, which might be anything. Students in schools are actively involved in side hustles, whether online or offline, and they maintain printing money in order to fit in the expenses. I've seen traders who perform well because they stay on the proper track, which is their primary responsibility. Staying at home all day and earning more money than those who go out every day. We are all aware of the pressure to go out, particularly during the holidays, we all know the stress to go out specifically during the heavy traffic jam zone to work.

R


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May 08, 2023, 07:22:51 AM
 #183

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Are you not an employee? do you know anything about trading? if yes, how long have you been doing trading? and how long did you study trading? Because trading when you don't have any idea here is not that easy for you to immediately understand the ecosystem here so you can earn good or enough money every day.

      If those who have been here for a long time in crypto trading are still making mistakes, how much more are those who don't know?
even more so, am I right? Crypto trading is good if you start here part-time first, but if you don't have a job, you can also do it full-time.



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May 08, 2023, 08:18:25 AM
 #184

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Are you not an employee? do you know anything about trading? if yes, how long have you been doing trading? and how long did you study trading? Because trading when you don't have any idea here is not that easy for you to immediately understand the ecosystem here so you can earn good or enough money every day.

      If those who have been here for a long time in crypto trading are still making mistakes, how much more are those who don't know?
even more so, am I right? Crypto trading is good if you start here part-time first, but if you don't have a job, you can also do it full-time.

Plus the difference between being an employee and being a trader is the stressful environment like the workplace something like that. In trading you'll have to understand the system in the market for you to be aware since once you adapt it then it will be easier for you to earn. As he said about freedom, of course it's different to being employed than being a trader since crypto is a decentralized system where you have the control to your funds.

I think it's still better to be employed and doing trading for you to have extra income for you to invest for the future. Still we have preferences if people could live and pay their bills by just full-time trading then it's good. After all we are aiming the same thing is to win.

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May 08, 2023, 03:23:44 PM
 #185

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Your English is not well connected and it may discouraged many people from reading your posts. I'll advise that since English is not your first language like many of us here, you should try to use the grammarly app to run your sentences to make it more connected.

There is nothing bad in making cryptocurrency trading your only source of income. It will only be bad, if you are not good in trading and also, if you attach so much emotion to it.
But if you are an expert in cryptocurrency trading and you have very good capital, there is no doubt that you can depend on cryptocurrency trading to earn a very decent living.
I have seen many people who lives only on crypto currency trading and they are living extremely well.

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May 08, 2023, 03:48:30 PM
 #186

Not having job, not having anything you are doing and only depend on trading? That makes trading to be riskier and it can result to a poor mindset that will not offer anything more than losses. Do not depend on trading.

Even if you have work that you are doing, only use little percentage of your weekly earning for trading, not making it to affect your financial or family financial life.

Very much agreed. Unless the trader has a lot of experience, knowledge and resilience, combining trading with unemployment is a one way street to hardship. All it will take is one mistake or a small succession of bad trades for capital to take a turn for the worst. Even if trades are maintained, the stress of managing trading capital with day to day expenses will make day trading even more stressful than it would be if a job were maintained aside from it. The fact is, stability is needed in order to be able to succeed in trading and as a safeguard for life. Unless a substantial amount of capital and knowledge is available from the beginning, I wouldn't recommend day-trading to anyone who is unemployed to try and make it their lifeline.
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May 08, 2023, 05:39:13 PM
 #187

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
come on, how can an unemployed person match day trading?

how do you make money if only the income he gets when trading doesn't match expectations!

an unemployed person is better off looking for a more stable job or business then if he wants to change his career to become a trader, he doesn't have to worry anymore about the capital he will use.  Currently, there are many jobs available and also business opportunities that a jobless person can try, but for daily trading, it is very risky.
Being unemployed doesn't mean having no income at all. There are many side hustle today that can really bring good income, Students are taking advantage of it and what more on an unemployed person. Though being stable or having a business is better than just relying on these side hustles. As you know I have an unemployed friend who is now I can say a good trader and gets a good amount of money by just trading. It's also an opportunity for unemployed person to still be productive even if he doesn't have a stable job. Imagine person with disabilities, They are most likely the one who are unemployed but being a trader is one option for them to generate a possible income even they are not physically working.

A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment.

We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
We cant really make out some conclusions because its never been that possible on knowing on what would be the outcome if someone would decide on dealing or engaging with trading.Yes, this isnt something that recommended for you to deal with and having those hopes that you might really be able make a living with trading.It could be possible but its not something that you could easily deal with and it does require lots of time before you could really be having a good grasps into it. If you do just been doing this just because you dont have job currently then it would be a bad idea. Instead of earning profits you would eventually
losing up your capital which it is really that common for a newbie to have these errors.

Being unemployed doesn't mean having no income at all. There are many side hustle today that can really bring good income, Students are taking advantage of it and what more on an unemployed person. Though being stable or having a business is better than just relying on these side hustles. As you know I have an unemployed friend who is now I can say a good trader and gets a good amount of money by just trading. It's also an opportunity for unemployed person to still be productive even if he doesn't have a stable job. Imagine person with disabilities, They are most likely the one who are unemployed but being a trader is one option for them to generate a possible income even they are not physically working.
Yes, i do consider myself unemployed too but im working from home but without having any company or boss to follow with.Its true that there are lots of side hustles which you could really be
able to engage with as long you are really that serious and dedicative with your goal on earning money but well its never been that easy though.

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May 13, 2023, 04:29:34 AM
 #188

Well, personally I think that seeing trading as a job is something very good, but as long as that person has something good to hold on to, because at some point the market can come against you and everything can go wrong, I don't mind. I would take it as a job unless I have too much money and I don't mind losing it, but in the cases that I have seen that people who take the tradition as a job, very few are right, for me it is something delicate and that You must be very careful,trading is not like a casino where everything is left to chance, I think it is much more.

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May 13, 2023, 10:43:07 AM
 #189

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
come on, how can an unemployed person match day trading?

how do you make money if only the income he gets when trading doesn't match expectations!

an unemployed person is better off looking for a more stable job or business then if he wants to change his career to become a trader, he doesn't have to worry anymore about the capital he will use.  Currently, there are many jobs available and also business opportunities that a jobless person can try, but for daily trading, it is very risky.
Being unemployed doesn't mean having no income at all. There are many side hustle today that can really bring good income, Students are taking advantage of it and what more on an unemployed person. Though being stable or having a business is better than just relying on these side hustles. As you know I have an unemployed friend who is now I can say a good trader and gets a good amount of money by just trading. It's also an opportunity for unemployed person to still be productive even if he doesn't have a stable job. Imagine person with disabilities, They are most likely the one who are unemployed but being a trader is one option for them to generate a possible income even they are not physically working.

Self-employed is different from being an unemployed. Unemployed means you don't really have a source of income, even though you'll say you have savings to spend in trading, that will not be suffice since there's no guarantee of making profits as a beginner, more chances of losing I might say. So it is really important to have a source of income before engaging to trading, whether it's futures or spot.
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May 13, 2023, 11:29:16 AM
 #190

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

There is no doubt that many people are making good profits from day trading.But day trading is not that easy as it requires a lot of experience and hard work.Because trading is a platform where there is a lot of risk and also the market fluctuates a lot.Sometimes even good and experienced traders get lost in day trading.Often when you buy a token the price goes down a lot from there then you may have to wait a long time for it to go up.

I think you should take up day trading as a part time job but don't take it as a full time job.You should not only make daily trading as a source of your income but must do some other business along with it.

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May 13, 2023, 11:52:06 AM
 #191

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Day trading, can be taken up as a professional career for those and anyone who choose, trading is a respected profession in the financial world, why? Because it's not an easy task to trade profitably, it takes good knowledge, mental and emotional strength and energy, mastering some type of skills like, ability to read charts and understand what all the patterns means, ability to use different types of tools to analyze the market, it takes this and more to really be a successful trader..
Banks and other financial institutions hire professionals traders to trade the financial market for them, and they pay this guys good money..

So don't see trading as a work for the jobless, because trading on its own is a great work and a really nice and respected profession any body who has its knowledge should be greatly proud of.

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May 13, 2023, 06:31:23 PM
 #192

A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment.

We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
Such person i'm sure are rare, what i know from my experience from everyone that have tried trading in their career is that most of them don't even qualify to be called making consistent income, sometime they lose sometime the win and losing is occuring more frequently. I don't know if someone have differing experience, but from what I can tell, majority of traders are just giving away their money to the big traders, meaning they are losing. even strategy of following technical analysis are called by some useless because even the whales use such strategy to determine on what the general public gonna do and then make decision against it so they got the upper hand in that case it just means that the bigger fish always swallow the smaller ones.


The influences of whales are still making a huge effect especially for those small time traders who are not willing to lose a lot, with some shake in the market, this kind of investors will sell their asset due to fear that they will be losing a lot, a psychological effect by big bag holders who wanted to make decent profits.

They are using their big capital to make some market movements, artificial shake that can affect small to average investors.

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May 13, 2023, 07:42:49 PM
 #193

Yeah, its really hard when we can't meet our family's needs since it's our responsibility we find any way to fulfill our responsibility. But if I don't have enough money to fulfill my family's needs I will prefer on getting a passive income rather than risking my money in trading, Trading in crypto is really volatile we can't predict where the market will move although many decent analysis saying the crypto will go at a certain point.

I agree with you. It's sometimes very different having to work hard in order to be able to take up our responsibilities and handle the needs of our family, and in such a situation, it's really not so wise to start risking the little money they are getting on crypto trading because it is very risky. Crypto trading is more risky than holding Bitcoin. The reason is that during crypto trading, if the market becomes so volatile and you have set a very high leaverage, the capital of the trader will be liquidated, but in holding your Bitcoin in your wallet, there is still hope that when the bull market comes, there will be some profits to your holding.

Someone who is looking for a source of income should not just rush into crypto trading unless they have some other source of income already; otherwise, let them look into fulfilling their needs first or either look for another means of growing their income that is low-risk

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May 13, 2023, 07:53:20 PM
 #194

One of the most rewarding and challenging careers in the world is trading. Jobless people learning trading will be more worth. At the same time the risk factor also high. Trading is not easy like other jobs, first you have to thorough all the trading platforms. Trade for small small amount then you increase little by little.

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May 14, 2023, 06:59:44 PM
 #195

No i cannot think that. Anyone shouldn’t depend on day trading. It is not real thinking i think. Because trading has two parts, profit and loss. If you loss money then you will be frastated. And day trading is vary risky if market qill go your Against you then that trade will be long trade. So i am not positive for day trading. And i never think Day trading is perfect work for jobless peoples.

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May 14, 2023, 08:23:58 PM
 #196

A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment.

We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
Such person i'm sure are rare, what i know from my experience from everyone that have tried trading in their career is that most of them don't even qualify to be called making consistent income, sometime they lose sometime the win and losing is occuring more frequently. I don't know if someone have differing experience, but from what I can tell, majority of traders are just giving away their money to the big traders, meaning they are losing. even strategy of following technical analysis are called by some useless because even the whales use such strategy to determine on what the general public gonna do and then make decision against it so they got the upper hand in that case it just means that the bigger fish always swallow the smaller ones.


The influences of whales are still making a huge effect especially for those small time traders who are not willing to lose a lot, with some shake in the market, this kind of investors will sell their asset due to fear that they will be losing a lot, a psychological effect by big bag holders who wanted to make decent profits.

They are using their big capital to make some market movements, artificial shake that can affect small to average investors.

So what would be the solution?

Just go with the flow on which you shouldnt really be contradicting specially into these kind of manipulative times where there's really a market shake off, but how we would be able to determine it?
There's no way on doing so, this is where experience would kicked in because you would really be having the idea on what you should gonna do on which most newbies or amateurs would really be
just easily panic on the time that they would be seeing some market decline or simply those deep reds on their portfolio.

Day trading isnt something that simple that you could deal with and easily mentioned with specially on being jobless.Its not your end game or viable option or really the hope on making
your life better.Yes, it could changed up your life in speaking about finances but acquiring or getting such skill and sustainability about trading is never been that
simple since from the start.It isnt really for anyone.

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May 14, 2023, 09:53:22 PM
 #197

Well, personally I think that seeing trading as a job is something very good, but as long as that person has something good to hold on to, because at some point the market can come against you and everything can go wrong, I don't mind. I would take it as a job unless I have too much money and I don't mind losing it, but in the cases that I have seen that people who take the tradition as a job, very few are right, for me it is something delicate and that You must be very careful,trading is not like a casino where everything is left to chance, I think it is much more.

Of course, trading can be a potential earning job but the question is how these jobless people survive in a situation where trading never guarantees profit every day. They might start trading today but later on, they still then quit and take their money back as they can't hold. Because trading is not suitable for impatient people, not suitable for those who wanted to earn profit daily, and if we are looking into such thing, then trading is not the right place for them.

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May 14, 2023, 11:31:54 PM
 #198

Of course, trading can be a potential earning job but the question is how these jobless people survive in a situation where trading never guarantees profit every day. They might start trading today but later on, they still then quit and take their money back as they can't hold. Because trading is not suitable for impatient people, not suitable for those who wanted to earn profit daily, and if we are looking into such thing, then trading is not the right place for them.
It is better to not rely on day trade for monthly income. We must have a main job in real life. Not every day we can earn profits from day trade, sometimes we must get losses. Even if someone can be patient, it is not enough to get money from trading. I guess even experienced traders must have main jobs in real life, they only trade for additional income. As far as I know, trading isn't an instant way to get money.


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May 15, 2023, 07:08:06 AM
 #199

I think you definitely need your own capital when you rely entirely on trading. In order to find a source of income for your livelihood, you need to acquire the skills and knowledge on trading thoroughly. If you don't have good knowledge about trading in general then don't take risk by trading it may result in loss of your money. If you are trying to make a living by trading then it will be good for you but start small rather than investing high amount of money. Surely if you start your business in this way you will find a good source of income in future. And from here you can save and create a good fund for the future and be particularly successful.

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May 15, 2023, 07:45:52 AM
 #200

I am half disagree with this OP, I believe trading will be perfectly suited for jobless people "IF" they are very good in trading. But if someone is jobless, and with zero knowledge in trading. You will end up being a homeless guy as being jobless and your remaining money will become liquidated.  Be sure to become knowledgable first before risking your emergency money.

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May 19, 2023, 11:58:20 PM
 #201

Everyone wants the freedom to run their shit without being under the control of anyone but where that person would get it wrong is by focusing on becoming only a day trader whereby there are other side hustles to live up to that is not as risky and unpredictable as trading that can still give the person the freedom he ever needs.

Many people that are found engaging in trading as day jobs are those that have made mastered trading and have made millions out of it. Although they have losses. They decide to give trading their full attention since they pay their bills from it.
Trading can be hectic and difficult to figure out its next move. That's why it needs 100% concentration when engaging in it

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May 20, 2023, 02:03:26 AM
 #202

actually day trading is not only for people who are unemployed, but more to those who can afford to do day trading. even working people can do it by way of pending orders by providing targets and stop losses, after that they can carry out other activities, it all really depends on the situation of each trader how to work around this. but indeed with more free time it would be better to do day trading. of all that the most important is each strategy and good knowledge

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May 22, 2023, 11:45:36 PM
 #203

Everyone wants the freedom to run their shit without being under the control of anyone but where that person would get it wrong is by focusing on becoming only a day trader whereby there are other side hustles to live up to that is not as risky and unpredictable as trading that can still give the person the freedom he ever needs.

Many people that are found engaging in trading as day jobs are those that have made mastered trading and have made millions out of it. Although they have losses. They decide to give trading their full attention since they pay their bills from it.
Trading can be hectic and difficult to figure out its next move. That's why it needs 100% concentration when engaging in it

People should really be having that realistic approach whenever they would really be tending to dive in on a certain situation on where they do believe that it would really be making a big change.
For those people who doesnt have that idea or zero knowledge would definitely be having those kind of wrong assumptions that it do really fits on what they've been looking for.
Day trading isnt something a perfect work for jobless people, this isnt something that you could deal of it easily. This isnt something that everyone could handle or they could really
be that profitable.

Yes, you could really quit up your job on the time that you do go full time with trading but be sure that you would be finding yourself that profitable or sustaining.
This isnt an option and on my case on which i do make trading as a side hustle on where i do potentially able to make extra income.

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May 31, 2023, 11:04:56 PM
 #204

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Why is your topic misleading? You topic is quite different from what  you are agitating. How does day have something to do with family?
Maybe it's just how you felt but everyone has a choice to for what they know how to do bets reather that attacking or insulting without any  logical reason to back up you claims. I was once a day trader just like everyone of my friends who love to scalp and hold trades for number of daysm everyone know where they are good and what works for them and it will not be wise if try to attack other people's opinions or the way they like to trade.









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May 31, 2023, 11:13:49 PM
 #205

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Sounds good but it doesn't really work that way, how would you sustain your expenses? how would you sustain your capital and profit?
Do you think that trading alone could support you or your family?
You need other source of income to continue on trading because it wouldn't always be successful in trading the market bleeds do you think that you would survive those days if you only depend on crypto trading?
If you would only depend on your investment or trading what would happen if things doesn't work out? how would you support yourself or your family?



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Rainbot
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May 31, 2023, 11:21:16 PM
 #206

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Sounds good but it doesn't really work that way, how would you sustain your expenses? how would you sustain your capital and profit?
Do you think that trading alone could support you or your family?
You need other source of income to continue on trading because it wouldn't always be successful in trading the market bleeds do you think that you would survive those days if you only depend on crypto trading?
If you would only depend on your investment or trading what would happen if things doesn't work out? how would you support yourself or your family?
Knowing that the market isnt really good anytime on which not all the time that you would be making out trades would really be giving out that kind of result or outcome on a single day.
We've seen there are moments on which the price isnt really that moving that much or having that sideways which means that what if you cant make out some cash out or profit on that day?
What would you gonna do? Just like on what you had said that it isnt really that just that right on making it as a main source of income knowing that the market isnt really something predictable.
It would really be just that good as a side income, but having that main source then its not something dependable. We do even know that this isnt talking about making profits or money but also
losing too on which its the other side of things which its indeed the reality on dealing up with this. If you dont have no job then better find one, never ever consider
trading as your alternative because it would really just making you rushed up and be desperate.
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June 03, 2023, 09:03:11 PM
 #207

It's not only day trading we have buddy, we have Scalping, swing trading and position trading, so we definitely have different categories of Jobless people out there if they come to the aspect of THEY WANT TO TRADE. So they probably will choose what style will work for them... so I can't rely solely by saying DAY TRADING IS THE ONLY PERFECT TRADING FOR JOBLESS PEOPLE

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June 04, 2023, 10:52:12 AM
 #208


Why is your topic misleading? You topic is quite different from what  you are agitating. How does day have something to do with family?
Maybe it's just how you felt but everyone has a choice to for what they know how to do bets reather that attacking or insulting without any  logical reason to back up you claims. I was once a day trader just like everyone of my friends who love to scalp and hold trades for number of daysm everyone know where they are good and what works for them and it will not be wise if try to attack other people's opinions or the way they like to trade.

If you manage to make money from day trading, then do not pay attention to the advice of other people who have failed in this business. Day trading is too complex a job that requires constant concentration and quick reaction when necessary. For me, this is also a very difficult task, so I gave it up and prefer medium and long-term trading. Sometimes I can take short trades when I see favorable conditions for this, but these are exceptions to the rule.

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June 04, 2023, 11:14:34 AM
 #209

I don't know why you associated Jobless to trading and  make trading sound like some shitty thing to do...
Just so you know, you can actually make more money from trading than what a doctor or an engineer can make, so let's not belittle it !!!

And like any other profession ,one requires the knowledge/education to be good at what they venture into and this will need you to invest the time and money to succeed!!
Btw, trading isn't only for jobless people...people wanting to have an extra income do actually trade including doctors,engineers, uber drivers etc and once they find the financial freedom some actually go in as full time traders.

R


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June 04, 2023, 04:13:51 PM
 #210

Trading can also earn daily income and don't underestimate it. You only have $ 10 capital, you can get $ 1 for every trade you make.
But you also have skill to in analyzing TA, and of course you also have to do day trading in futures trading, and it's very high risk if you use high leverage,
but don't worry if you learn TA, FA or trading strategy, I'm sure you can trade comfortably and you can make trading for your job.

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June 23, 2023, 07:27:23 PM
 #211

Day trading is Very short time to measure the market movements. Whatever if  you have knowledge as well as eperience about market and somehoa you own healthy capital, then you are welcome! Although trades doesn’t guarantee any sure income, even professionals also faced big loss many time but they can covered cause they are expart but trades aren’t for all. There are many People who have been treading for years but unable to achieve satisfactory result

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July 06, 2023, 10:23:41 AM
 #212

Day trading is Very short time to measure the market movements. Whatever if  you have knowledge as well as eperience about market and somehoa you own healthy capital, then you are welcome! Although trades doesn’t guarantee any sure income, even professionals also faced big loss many time but they can covered cause they are expart but trades aren’t for all. There are many People who have been treading for years but unable to achieve satisfactory result
I think these conditions must be met before deciding to make day trading a job,
the risk must also be considered because in trading you will not always be profitable even the risk of losing money is also quite large,
need a lot of things to be prepared so it's not easy.

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July 06, 2023, 11:19:12 AM
 #213

If you manage to make money from day trading, then do not pay attention to the advice of other people who have failed in this business. Day trading is too complex a job that requires constant concentration and quick reaction when necessary. For me, this is also a very difficult task, so I gave it up and prefer medium and long-term trading. Sometimes I can take short trades when I see favorable conditions for this, but these are exceptions to the rule.

You can earn occasionally in day trading but in the long run  you are deemed to lose in day trading, this is what my experience taught me. Day trading is about taking risk and this risk can go in both up or down direction. There is no proper strategy about how to manage day trading. I too agree that if you are going for day trading then don't put all your cash in that strategy, since there is a chance that you may lose major portion of your capital. 
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July 11, 2023, 09:09:11 PM
 #214

Traders also need to work hard to learn trading with good skill. People who do jobs, also need skill for that particular sector. So for both side, you need knowledge and skill. If you want trading in hope for all the time then you need to investment your time. Its also like a job! But wrong decision, get hacked or so many issue you will face in trading. Although its better to do work at home, which is better job doing job in office under boss but job shouldn’t be neglected. Besides trading is not like day trading or weekly trading. Trading is, need to give focus the pair until perfect time come for sell.

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July 11, 2023, 11:09:14 PM
 #215

If you manage to make money from day trading, then do not pay attention to the advice of other people who have failed in this business. Day trading is too complex a job that requires constant concentration and quick reaction when necessary. For me, this is also a very difficult task, so I gave it up and prefer medium and long-term trading. Sometimes I can take short trades when I see favorable conditions for this, but these are exceptions to the rule.

You can earn occasionally in day trading but in the long run  you are deemed to lose in day trading, this is what my experience taught me. Day trading is about taking risk and this risk can go in both up or down direction. There is no proper strategy about how to manage day trading. I too agree that if you are going for day trading then don't put all your cash in that strategy, since there is a chance that you may lose major portion of your capital. 
This is the truth on which people should really be minding on on which they should really that realize that trading is never been simple, how much more on doing daytrades? Its not an option for you to

rely on because it does takes long time for you to get a good hold out of it or making that yourself effective on this space. Even to those who had been dealing with this market for a while now
have been a hard time on having that profitable day trading and the rest would really be going for swing trades and long term holding because they cant just bare up with the risks involved
with this kind of trading.
Dont make this as an option because profitability isnt assured because market isnt always going on what we do predict.There are really times that no matter how you do analyze
but still you do end up on being wrecked out of the market because of some several factors.

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July 12, 2023, 07:21:47 AM
 #216

Traders also need to work hard to learn trading with good skill. People who do jobs, also need skill for that particular sector. So for both side, you need knowledge and skill. If you want trading in hope for all the time then you need to investment your time. Its also like a job! But wrong decision, get hacked or so many issue you will face in trading. Although its better to do work at home, which is better job doing job in office under boss but job shouldn’t be neglected. Besides trading is not like day trading or weekly trading. Trading is, need to give focus the pair until perfect time come for sell.
True does not mean when we become traders we can do it without the need to have knowledge and skills,
being a trader certainly needs to learn and there are many things to learn so it's not that easy,
besides that the risks are big and we must be prepared to face the risks of all of them.

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July 13, 2023, 02:56:39 AM
 #217

Traders also need to work hard to learn trading with good skill. People who do jobs, also need skill for that particular sector. So for both side, you need knowledge and skill. If you want trading in hope for all the time then you need to investment your time. Its also like a job! But wrong decision, get hacked or so many issue you will face in trading. Although its better to do work at home, which is better job doing job in office under boss but job shouldn’t be neglected. Besides trading is not like day trading or weekly trading. Trading is, need to give focus the pair until perfect time come for sell.
True does not mean when we become traders we can do it without the need to have knowledge and skills,
being a trader certainly needs to learn and there are many things to learn so it's not that easy,
besides that the risks are big and we must be prepared to face the risks of all of them.

It is a must have a continuous learning as trading is like a battlefield where everyone has that same goal, to earn money and without proper knowledge your chance of losing is possible, you can't just rely on the same pattern all the time. There are many factors that affecting the market, the very reason you needed to continue to learn from time to time.

Your knowledge is your key to make a successful trade, though not as always but a possible to have more winning position than those losing trade position.

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July 13, 2023, 04:33:57 AM
 #218

I don't know why you associated Jobless to trading and  make trading sound like some shitty thing to do...
Just so you know, you can actually make more money from trading than what a doctor or an engineer can make, so let's not belittle it !!!

And like any other profession ,one requires the knowledge/education to be good at what they venture into and this will need you to invest the time and money to succeed!!
Btw, trading isn't only for jobless people...people wanting to have an extra income do actually trade including doctors,engineers, uber drivers etc and once they find the financial freedom some actually go in as full time traders.
well, maybe it is a matter of time, because when a person does not have a job, he can focus on trading every day. However, that doesn't mean it's suitable for everyone. even when we trade, skills, analysis, information, and more are needed. So, even when he focuses on trading, he may not actually be able to make a profit from it. We know that trading also requires money, and if the person doesn't know about trading and feels it can increase their finances, then that is not necessarily the case. it is possible that trading without any basis can make the finances fall even more.

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July 13, 2023, 04:40:16 AM
 #219

Traders also need to work hard to learn trading with good skill. People who do jobs, also need skill for that particular sector. So for both side, you need knowledge and skill. If you want trading in hope for all the time then you need to investment your time. Its also like a job! But wrong decision, get hacked or so many issue you will face in trading. Although its better to do work at home, which is better job doing job in office under boss but job shouldn’t be neglected. Besides trading is not like day trading or weekly trading. Trading is, need to give focus the pair until perfect time come for sell.
True does not mean when we become traders we can do it without the need to have knowledge and skills,
being a trader certainly needs to learn and there are many things to learn so it's not that easy,
besides that the risks are big and we must be prepared to face the risks of all of them.

It is a must have a continuous learning as trading is like a battlefield where everyone has that same goal, to earn money and without proper knowledge your chance of losing is possible, you can't just rely on the same pattern all the time. There are many factors that affecting the market, the very reason you needed to continue to learn from time to time.

Your knowledge is your key to make a successful trade, though not as always but a possible to have more winning position than those losing trade position.
for beginners, having free time is an advantage in itself to learn day trading, because there is so much to learn here that we must be able to fully master it and continue to learn about the market. It's better to have a lot of free time doing day trading, but even busy people can do that by placing pending orders, stop losses and targets, and we can do other activities. However, after we analyze what we do, we only pay attention to market reactions, and of course if we already understand the market, having a lot of free time will be more useful for monitoring market developments, and that means being able to maximize the profits to be earned
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July 13, 2023, 10:27:24 PM
 #220

I don't know why you associated Jobless to trading and  make trading sound like some shitty thing to do...
Just so you know, you can actually make more money from trading than what a doctor or an engineer can make, so let's not belittle it !!!

And like any other profession ,one requires the knowledge/education to be good at what they venture into and this will need you to invest the time and money to succeed!!
Btw, trading isn't only for jobless people...people wanting to have an extra income do actually trade including doctors,engineers, uber drivers etc and once they find the financial freedom some actually go in as full time traders.
well, maybe it is a matter of time, because when a person does not have a job, he can focus on trading every day. However, that doesn't mean it's suitable for everyone. even when we trade, skills, analysis, information, and more are needed. So, even when he focuses on trading, he may not actually be able to make a profit from it. We know that trading also requires money, and if the person doesn't know about trading and feels it can increase their finances, then that is not necessarily the case. it is possible that trading without any basis can make the finances fall even more.

if you don't have money, this is not good for noobs as the likelihood of losing whatever they have is high. but if you have all the resources, start small and learn the ropes. and if you have so much time, you can try trading on your own using small capital. don't go all in a you may end up ending your journey in crypto trading and cursing this market.

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July 13, 2023, 11:11:29 PM
 #221

I don't know why you associated Jobless to trading and  make trading sound like some shitty thing to do...
Just so you know, you can actually make more money from trading than what a doctor or an engineer can make, so let's not belittle it !!!

And like any other profession ,one requires the knowledge/education to be good at what they venture into and this will need you to invest the time and money to succeed!!
Btw, trading isn't only for jobless people...people wanting to have an extra income do actually trade including doctors,engineers, uber drivers etc and once they find the financial freedom some actually go in as full time traders.
well, maybe it is a matter of time, because when a person does not have a job, he can focus on trading every day. However, that doesn't mean it's suitable for everyone. even when we trade, skills, analysis, information, and more are needed. So, even when he focuses on trading, he may not actually be able to make a profit from it. We know that trading also requires money, and if the person doesn't know about trading and feels it can increase their finances, then that is not necessarily the case. it is possible that trading without any basis can make the finances fall even more.

if you don't have money, this is not good for noobs as the likelihood of losing whatever they have is high. but if you have all the resources, start small and learn the ropes. and if you have so much time, you can try trading on your own using small capital. don't go all in a you may end up ending your journey in crypto trading and cursing this market.
Yes, instead of earning you would be rather losing money which we do know that trading does needing that capital and if you dont have a job then what this does mean? You would be still needing to find

money for you to have a capital and despite on having no job then you would be taking a loan and now what if those trading outcomes or results to be negative which its likely to happen since you are still noob.Then what you would really gonna do? You are really making things gotten worst and this is why you should really be that careful on taking steps which you arent even sure on what
would be the outcome or result. You might be thinking that this could be helpful but instead it would really be that brings more disaster.

Trading isnt something simple that you could easily say that you would become that profitable or making a living with it. Come to think that even those veteran traders cant really be
able to achieve or reach out this certain condition because its not really that something simple.

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July 15, 2023, 02:44:52 PM
 #222

Day trading is not bad for the unemployed if they have experience in trading. Still he can lose money in trading if he trades at the wrong time. Because trading will never guarantee you profit. From here you can lose money. Which will be very sad for you, because you are unemployed now. If you lose your money trading while unemployed, it will be very difficult for you to recover. So if you are trading then definitely trade carefully with good research. And while trading, manage it well by maintaining time balance. then Day trading is perfect work for jobless peoples.

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July 15, 2023, 07:54:50 PM
 #223

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Day trading is a risky affair. You think one can only make profit in day trading? Every trader suffer loss too and if someone new starts trading without proper knowledge and understanding, he can lose his hard earned money.
The best thing one can do is copy trade. Some platforms allow that feature.
But that too be traded with caution.
If you are new, you can start with signature campaign and once you have some considerable amount, you can start trading.

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July 22, 2023, 06:13:44 AM
 #224

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.


I feel differently about this topic, as I have been unemployed in the past and didn't really think about day trading then. After unexpectedly losing my job, my main concern was paying bills and not getting kicked out of the apartment. Day trading might seem as a solution, but it doesn't given us reliable returns and could even make things worse if we lose money. In my situation I didn't have any large savings and it would have been difficult to start day trading without some initial bankroll. There are definitely successful day traders out there that made a lot of money from it, but they worked towards that goal and have experience. Without any previous experience or knowledge I would advice against using your last money during times of crisis. If we really want to become day traders then I would first start out part time, while we still have the security of a regular income that can cover potential losses.
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July 22, 2023, 10:59:48 AM
 #225

I feel differently about this topic, as I have been unemployed in the past and didn't really think about day trading then. After unexpectedly losing my job, my main concern was paying bills and not getting kicked out of the apartment. Day trading might seem as a solution, but it doesn't given us reliable returns and could even make things worse if we lose money. In my situation I didn't have any large savings and it would have been difficult to start day trading without some initial bankroll. There are definitely successful day traders out there that made a lot of money from it, but they worked towards that goal and have experience. Without any previous experience or knowledge I would advice against using your last money during times of crisis. If we really want to become day traders then I would first start out part time, while we still have the security of a regular income that can cover potential losses.
Losing a job can put additional pressure on us as we know that trading failure can make the situation we are in much worse.

I agree that we need to accumulate experience when we have favorable conditions for this. When we can afford to fail and it will not affect us in such a way that we may lose our home, or be left without money at all. I do not consider myself an experienced trader, but I see how difficult it is to count on a daily income from trading, some transactions may become long-term, and part of the trading deposit will no longer be available for some time.
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July 23, 2023, 11:31:30 PM
 #226

I feel differently about this topic, as I have been unemployed in the past and didn't really think about day trading then. After unexpectedly losing my job, my main concern was paying bills and not getting kicked out of the apartment. Day trading might seem as a solution, but it doesn't given us reliable returns and could even make things worse if we lose money. In my situation I didn't have any large savings and it would have been difficult to start day trading without some initial bankroll. There are definitely successful day traders out there that made a lot of money from it, but they worked towards that goal and have experience. Without any previous experience or knowledge I would advice against using your last money during times of crisis. If we really want to become day traders then I would first start out part time, while we still have the security of a regular income that can cover potential losses.
Losing a job can put additional pressure on us as we know that trading failure can make the situation we are in much worse.

I agree that we need to accumulate experience when we have favorable conditions for this. When we can afford to fail and it will not affect us in such a way that we may lose our home, or be left without money at all. I do not consider myself an experienced trader, but I see how difficult it is to count on a daily income from trading, some transactions may become long-term, and part of the trading deposit will no longer be available for some time.
On the time that you had been laid out or kicked on your work and then it do goes into your mind about having that trading option for you to make a living? It would really make things worst.We know that trading is

something that could give chance for you to make money but its not something that would really be fixed and its not something a skill that you would really be able to gain up on a short period of time on which
it would really be just that not ideal if you do go ahead and make it a replacement.Instead on making money or earning income with it, you would rather definitely be losing even more funds
which it would really be adding up in overall problem you do have.

Dont make it as a replacement but rather make it first as a side hustle on which you could still make practice for long time.On the time that you do see that you could be able
to sustain yourself on a volatile market then it would really be the best time for you to make yourself quitting your job and go full time with trading.

R


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July 23, 2023, 11:59:06 PM
 #227

Not having job, not having anything you are doing and only depend on trading? That makes trading to be riskier and it can result to a poor mindset that will not offer anything more than losses. Do not depend on trading.

Even if you have work that you are doing, only use little percentage of your weekly earning for trading, not making it to affect your financial or family financial life.
You have a point, but at the same time when done right the act thereof of day trading is more than enough to replace your regular employment by a large margin my friend. While you're right, it's still better to have a safety net job for whenever things go awry, there are people out there that fully rely on day trading not of their own volition, disabled people, marginalized, people who have bad records but are willing to change their lives for the better by day trading, just to name a few!

It's about how they carry themselves during day trading that really matters at the end of the day. Not how many jobs they have and all that.
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July 24, 2023, 04:49:40 AM
 #228

Not having job, not having anything you are doing and only depend on trading? That makes trading to be riskier and it can result to a poor mindset that will not offer anything more than losses. Do not depend on trading.

Even if you have work that you are doing, only use little percentage of your weekly earning for trading, not making it to affect your financial or family financial life.
You have a point, but at the same time when done right the act thereof of day trading is more than enough to replace your regular employment by a large margin my friend. While you're right, it's still better to have a safety net job for whenever things go awry, there are people out there that fully rely on day trading not of their own volition, disabled people, marginalized, people who have bad records but are willing to change their lives for the better by day trading, just to name a few!

It's about how they carry themselves during day trading that really matters at the end of the day. Not how many jobs they have and all that.

There are tons of people right now that are quitting their job just to go fulltime, but for those people who are just new to trading and they don't have an established strategy as well as track records on their monthly profit, it is not a good idea to quit their job and then do trading because we know that it takes more years before you'll have a good profit that you can make a living. Also, most people right now that are just starting out trading use it as a side hustle because they knew the risk of quitting their jobs.
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July 24, 2023, 09:46:38 AM
 #229

There are tons of people right now that are quitting their job just to go fulltime, but for those people who are just new to trading and they don't have an established strategy as well as track records on their monthly profit, it is not a good idea to quit their job and then do trading because we know that it takes more years before you'll have a good profit that you can make a living. Also, most people right now that are just starting out trading use it as a side hustle because they knew the risk of quitting their jobs.
Daily Crypto trading can be done anytime and anywhere, so I think that if someone wants to do this job, they don't need to leave work in their real life because it's true that the risks of day trading are very large, you have to have a method and also great knowledge to be able to analyze and minimize the risks involved.
But for someone who is basically unemployed, I think day trading is good enough for someone who has more time to be able to learn many things.
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July 24, 2023, 10:05:15 AM
 #230


On the time that you had been laid out or kicked on your work and then it do goes into your mind about having that trading option for you to make a living? It would really make things worst.We know that trading is

something that could give chance for you to make money but its not something that would really be fixed and its not something a skill that you would really be able to gain up on a short period of time on which
it would really be just that not ideal if you do go ahead and make it a replacement.Instead on making money or earning income with it, you would rather definitely be losing even more funds
which it would really be adding up in overall problem you do have.

Dont make it as a replacement but rather make it first as a side hustle on which you could still make practice for long time.On the time that you do see that you could be able
to sustain yourself on a volatile market then it would really be the best time for you to make yourself quitting your job and go full time with trading.
If you ever want to become a trader, then you should think about it now. You can gain experience gradually, when there is a favorable time for this and there is no hurry in this, and your well-being does not depend on it.

By the way, the fact that you cannot make money on trading is better to know when you have a job, and not when you are out of a job. And if you believe successful traders, then at first they lost more, before they earned on their trading path, and it took some time to start making money on trading. Therefore, you should not expect that you will be able to make trading your main source of income, when you loss job.
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July 25, 2023, 12:45:59 AM
 #231

There are tons of people right now that are quitting their job just to go fulltime, but for those people who are just new to trading and they don't have an established strategy as well as track records on their monthly profit, it is not a good idea to quit their job and then do trading because we know that it takes more years before you'll have a good profit that you can make a living. Also, most people right now that are just starting out trading use it as a side hustle because they knew the risk of quitting their jobs.
The idea of working without boss and having a flexible time to trade are some of the reasons why people are switching career and go full-time as a trader. But the question is, if it can give a trader a profitable and stable income just like if you're working in a regular job wherein you're given a fixed pay.

In trading the profit is not guaranteed and it depends how good you are on making analysis for the particular situation, knowledgeable and has a working strategy to execute a success trade. Therefore it's better to try trading as your side hustle first. Then if you're confident that you can earn money that can sustain the financial needs of your family, maybe that's the time to go full-time.

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July 25, 2023, 04:35:41 AM
 #232


On the time that you had been laid out or kicked on your work and then it do goes into your mind about having that trading option for you to make a living? It would really make things worst.We know that trading is

something that could give chance for you to make money but its not something that would really be fixed and its not something a skill that you would really be able to gain up on a short period of time on which
it would really be just that not ideal if you do go ahead and make it a replacement.Instead on making money or earning income with it, you would rather definitely be losing even more funds
which it would really be adding up in overall problem you do have.

Dont make it as a replacement but rather make it first as a side hustle on which you could still make practice for long time.On the time that you do see that you could be able
to sustain yourself on a volatile market then it would really be the best time for you to make yourself quitting your job and go full time with trading.
If you ever want to become a trader, then you should think about it now. You can gain experience gradually, when there is a favorable time for this and there is no hurry in this, and your well-being does not depend on it.

By the way, the fact that you cannot make money on trading is better to know when you have a job, and not when you are out of a job. And if you believe successful traders, then at first they lost more, before they earned on their trading path, and it took some time to start making money on trading. Therefore, you should not expect that you will be able to make trading your main source of income, when you loss job.
The fact is that some of the traders I met who were successful in their trading did the training and introduction to the world of trading while they were still working, and it really went well because when they experience losses they still get income from their main job, and that's how it should be to change the rotation of income properly, because if it's done when we don't have a job or main income, entering the world of trading is the wrong decision and makes you a loser for a long time.
And after understanding the world of trading and being able to earn consistent income from the daily trading activities that are carried out, it will not be a problem if we really change jobs at that time.


There are tons of people right now that are quitting their job just to go fulltime, but for those people who are just new to trading and they don't have an established strategy as well as track records on their monthly profit, it is not a good idea to quit their job and then do trading because we know that it takes more years before you'll have a good profit that you can make a living. Also, most people right now that are just starting out trading use it as a side hustle because they knew the risk of quitting their jobs.
The idea of working without boss and having a flexible time to trade are some of the reasons why people are switching career and go full-time as a trader. But the question is, if it can give a trader a profitable and stable income just like if you're working in a regular job wherein you're given a fixed pay.

In trading the profit is not guaranteed and it depends how good you are on making analysis for the particular situation, knowledgeable and has a working strategy to execute a success trade. Therefore it's better to try trading as your side hustle first. Then if you're confident that you can earn money that can sustain the financial needs of your family, maybe that's the time to go full-time.
Of course the action is the wrong decision, because usually those who do in a hurry without understanding how to benefit from the market carefully will feel sorry why they do not learn to be used first while working before deciding to move full time to struggle with volatile markets.

The profit trading is not fixed, but we can target the profits, for example, with 2% of the total capital they have may be achieved, and of course it also needs experience first, and it is better to make it as a side business activity, even when it can get the benefits of trading activities, because sometimes the volatility that occurs in the market that makes us unable to get profit every day in trading, because there is a market moment to be made to be made as a side business activity, even when it is difficult to get a profit from trading activities, because sometimes the volatility that occurs in the market that makes us unable to get profit every day in trading, because there is a market moment.

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July 25, 2023, 07:13:29 AM
 #233

Trading is definitely useful for those who are unemployed. If trading is well understood then an unemployed person can make his career through trading. So those who are unemployed should give some importance to other things instead of chasing job all the time. If there is such an experienced person around who has a fair understanding of trading, try to learn about trading from him and also acquire various information knowledge or education about trading through online, then take a trading every day. But it is very challenging for an unemployed person to manage the amount of money he needs for trading because unemployed people usually do not have money but if a person can manage money and do regular trading then he will not run after a job later because then he will find daily trading as a reliable workplace.

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July 25, 2023, 06:02:29 PM
 #234

Day trading is Very short time to measure the market movements. Whatever if  you have knowledge as well as eperience about market and somehoa you own healthy capital, then you are welcome! Although trades doesn’t guarantee any sure income, even professionals also faced big loss many time but they can covered cause they are expart but trades aren’t for all. There are many People who have been treading for years but unable to achieve satisfactory result 

Trading can give you profit sometimes but it cannot give you income like that of a job. While trading you will not be sure about your success while in job you will be sure that you will receive your income on due date when the month passed.

One should not think that if they don't have any job then they will do trading which will give them monthly income because this is wrong concept. Instead of trading they can buy bitcoin for longer time so there will be hope of greater money as time will be more to take decision.

One who are jobless if take part in trading so they will loss all their money as trading is not as easy as people thinks.



 

 

 

 

 

 


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July 25, 2023, 08:17:13 PM
 #235

Day trading is Very short time to measure the market movements. Whatever if  you have knowledge as well as eperience about market and somehoa you own healthy capital, then you are welcome! Although trades doesn’t guarantee any sure income, even professionals also faced big loss many time but they can covered cause they are expart but trades aren’t for all. There are many People who have been treading for years but unable to achieve satisfactory result 

Trading can give you profit sometimes but it cannot give you income like that of a job. While trading you will not be sure about your success while in job you will be sure that you will receive your income on due date when the month passed.

One should not think that if they don't have any job then they will do trading which will give them monthly income because this is wrong concept. Instead of trading they can buy bitcoin for longer time so there will be hope of greater money as time will be more to take decision.

One who are jobless if take part in trading so they will loss all their money as trading is not as easy as people thinks.
Not all days would really be profitable when you are a trader on which means that it wont really be that worth for you on making it as your main job but it wont really be that bad on making a side income though.

Its true that it wont really be that a good choice or options on the time that you would be making it as an option since you dont have a job because as said by most that instead on making money,
you would lost even more which it would really be ending up on a disaster for you. Also its not something that you could really be able to learn up that kind of skill which you would
really be able to make yourself that profitable with trading. Its not really that something that you could acquire in a short time, if you do find yourself that desperate then for sure
you would be making out lots of mistakes on this.

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July 25, 2023, 08:57:36 PM
 #236

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
I think day trading is best for jobless people and Independent people. I also very much love day trading. Because anyone can trade without any Accountability and get benefit as desired. For day Trade anyone can get huge free time to spend with family for enjoy properly. There has no accountability to office so anyone can trade and enjoy his life When needed. And day trade Can bring out of financial distress. So i think day trading is perfect for jobless people and free people. It can make us financially independent so i love day trading.

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July 25, 2023, 10:20:09 PM
 #237

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
I think day trading is best for jobless people and Independent people. I also very much love day trading. Because anyone can trade without any Accountability and get benefit as desired. For day Trade anyone can get huge free time to spend with family for enjoy properly. There has no accountability to office so anyone can trade and enjoy his life When needed. And day trade Can bring out of financial distress. So i think day trading is perfect for jobless people and free people. It can make us financially independent so i love day trading.
Possible but not really that recommended when you are that in a rush on seeking for some job and this is something that not recommendable on doing so.This is why it would really be that wise
that you shouldn't really be relying yourself on making day trade just because of having the aim on making it as your main source of income or making it as a job knowing that
the market is really that unpredictable and there's no way that we could really be able to maintain or sustain ourselves on being profitable for us to make a living with it.

Trading could really be possibly be able to put up in a situation on which we could really be able to make out huge profits but also come into our mind that losses would be also there.
So it wont really be that perfect at all or would really be something that you could really be able to rely on with your living knowing  that we do have everyday spending and expenses
on which it would really be just that right on having that way.
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July 25, 2023, 10:25:39 PM
 #238

There are tons of people right now that are quitting their job just to go fulltime, but for those people who are just new to trading and they don't have an established strategy as well as track records on their monthly profit, it is not a good idea to quit their job and then do trading because we know that it takes more years before you'll have a good profit that you can make a living. Also, most people right now that are just starting out trading use it as a side hustle because they knew the risk of quitting their jobs.
Daily Crypto trading can be done anytime and anywhere, so I think that if someone wants to do this job, they don't need to leave work in their real life because it's true that the risks of day trading are very large, you have to have a method and also great knowledge to be able to analyze and minimize the risks involved.
But for someone who is basically unemployed, I think day trading is good enough for someone who has more time to be able to learn many things.

The only advantage is the time that jobless people can use compared with those who have a regular job. They are limited as the
time and the focus mostly on being taken by their obligation in life.

But, even if you have lots of time, the chance is still equal. Those who can do it using spare time are still capable of making money if
they have that skills in understanding the market and have a good anticipation.

Same deal with jobless, it's more on how they will assess and they will place their exit and entry positions.
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July 25, 2023, 10:39:30 PM
 #239

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Not good if your only source of income is going to be from trading. Remember, you will be under a lot of pressure and not every trade that you open is going to win. In this case, the emotions will get the better of you and your decision-making will be very poor.

I have seen this happen with so many friends who opted to trade, minus any side source of income. Eventually they lost everything and gave up.

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July 26, 2023, 06:00:16 AM
 #240


And after understanding the world of trading and being able to earn consistent income from the daily trading activities that are carried out, it will not be a problem if we really change jobs at that time.
In fact, it seems to me that it is not so simple, even with a lot of experience and a good knowledge base, situations will happen on the market that you will have to face for the first time and this will most likely again lead either to loss of money or to other unfavorable consequences that will affect your income. Therefore, I tend to think that there are very few people who are able to receive a stable income from trading, if we take the total mass of traders.
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July 26, 2023, 06:32:01 AM
 #241

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
actually there is a thread that connects also to this one https://bitcointalk.org/index.php?topic=5451322.0 so maybe  checking each thread will help others to understand what could be done solely to trade in crypto than just standing without anything in your pocket.
while I believe that we can trade even with having a Job regularly, but also with many replies here? i also think that there are ways to become millionaire by simply trading but first we must understand everything before entering.

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July 26, 2023, 06:50:28 AM
 #242

I think it would be wrong to compare trading with a job because if you work you will get a certain amount of salary at the end of every month but there is no such guarantee in trading. As much as you can make money while trading, you have the potential to lose money. Suppose you take a trade and after taking the trade the market is very down for a long time and you are not able to make profit on that trade how will you meet your money requirement. You must look for a job or an alternative means of trading Besides a job or an alternative means of trading you can consider trending as an alternative source of income although it is not advisable to rely on trading as such. So those who don't have job should try for job or any other business should not depend directly on trading.
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July 26, 2023, 05:19:53 PM
 #243

Trading perfect job for jobless people?
Yes trading could let you earn on your own time when you want, but how about the capital if they missed out or lose then it is the end for them since they don't have any other source of income.
I don't think that they could really survive with just trading, just think about their daily expenses where would they get it?



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July 30, 2023, 05:25:45 AM
 #244

In order to gain freedom in life, one must train oneself for good deeds. Today we who are independent crypto traders aim to make a profit. And this work will be perfected only when a person has acquired special experience about the market for several years. Trading in crypto market requires patience as many times experienced people get frustrated when they face bear market. We must keep in mind that the market does not stay in the same position all the time, rather it is bull market at one time and bear market at the other time. So we have to be aware of this when there is a chance to profit by trading when the market is down.


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Adams0001
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July 30, 2023, 07:47:16 AM
 #245

While day trading can be profitable, it is not ideal for all traders.It is determined by the individual's personality. To be successful in day trading, you must have the funds to invest as well as be comfortable with the dangers involved. However, an unemployed individual lacks trade capital, and even if he does have some, he may need to pay expenses in the next months, so his head is constantly flooded with emotions. Furthermore, the stock market is a volatile environment in which prices can change swiftly in either direction. This means there is no assurance of constant profits, and you may also suffer losses. I doubt that an unemployed person will work in this situation.

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July 30, 2023, 07:53:19 AM
 #246

While day trading can be profitable, it is not ideal for all traders.It is determined by the individual's personality. To be successful in day trading, you must have the funds to invest as well as be comfortable with the dangers involved.
You can not trade if you don't have initial capital but your initial capital for trading is not called as investment fund.

Jobless people need money to buy food, drink to survive first and trading is not what they should do. Because trading is risky and majority of traders will lose money in trading. If you have jobs, you can have regular income to cover your loss in trading, still have money to buy food and drink, but if you are jobless, when you get loss in trading, you will die.

If you are jobless, let's find jobs to work, don't trade.

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July 30, 2023, 08:54:09 AM
 #247

The majority of jobless people these days have no idea and knowledge of trading, whether it's traditional, Forex, Stockc, or Cryptocurrency. And the others just feel like experts in crypto trading but in reality they are not. Although there is nothing wrong with turning it into a source of income, that's why you must have a deep understanding of these skills of crypto activity. Because if your knowledge is not deep or broad, it will be difficult for you to become a source of income for sure.

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July 30, 2023, 09:08:19 AM
 #248

The majority of jobless people these days have no idea and knowledge of trading, whether it's traditional, Forex, Stockc, or Cryptocurrency. And the others just feel like experts in crypto trading but in reality they are not. Although there is nothing wrong with turning it into a source of income, that's why you must have a deep understanding of these skills of crypto activity. Because if your knowledge is not deep or broad, it will be difficult for you to become a source of income for sure.

The problem with this is that if you haven't had a portfolio where you are earning profit for a few years, you are too confident that you are earning big even if you aren't. What I've noticed is that if you just won't trade, you are thinking that every time you trade, your entry will win and not thinking of negative things that make you lose. That is why it is better to quit your job if you  already have an established strategy that you'll earn over time, like if you've been earning 60% per year for the last 4 years, meaning your strategy is really working.
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July 30, 2023, 12:28:56 PM
 #249

Trading perfect job for jobless people?
Yes trading could let you earn on your own time when you want, but how about the capital if they missed out or lose then it is the end for them since they don't have any other source of income.
I don't think that they could really survive with just trading, just think about their daily expenses where would they get it?

If someone has been able to go over the struggling stage of learning how to trade, the rise and fall that is involved in funding of account, they can take care of their daily lives with trading by managing their account. There is a lot of profit in trading and a trader who is having far more profit in trading than loses is better than someone in other businesses or employed. However, it is also good to diversify.
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July 31, 2023, 05:10:55 PM
 #250

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
OP,you don't need to see trading as a job because trading is very risky and can lead you to a big loss. For one to go into trading, you need a job and use trading as a side job. Cryptocurrency is volatile in nature and if you don't understand the market signals,it will be a waste of time and resources for you. Newbies think that making profit in trading is as easy as they are saying it but I bet you trading is seen as gambling for those that are not professional traders because they will loss more than they make profit.

R


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August 01, 2023, 11:39:48 AM
 #251

Trading perfect job for jobless people?
Yes trading could let you earn on your own time when you want, but how about the capital if they missed out or lose then it is the end for them since they don't have any other source of income.
I don't think that they could really survive with just trading, just think about their daily expenses where would they get it?

If someone has been able to go over the struggling stage of learning how to trade, the rise and fall that is involved in funding of account, they can take care of their daily lives with trading by managing their account. There is a lot of profit in trading and a trader who is having far more profit in trading than loses is better than someone in other businesses or employed. However, it is also good to diversify.

Agree to the point that if you learned the deeper side of trading and you are good in managing your portfolio, the chance of making money is possible, those who have lots of time to study and learn the proper process may have that advantage compared to those who are doing it as part time, more on the side where you are kept on learning how the market are being influence by situation that affects the movements, if you manage to create a good patterns base from an actual experienced most likely you'll be gaining from this industry and the chance that you may earned better compared to those who are working in a daily basis.

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August 02, 2023, 04:25:13 AM
 #252

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
It seems to me trading is a good idea for passive income but definitely not for main, since you can loose. And newbies lose much more often than earn.
Of course, if you want to become a professional trader, you have to spend much time for that, but always have additional sources of income, that's wise
Gallar
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August 02, 2023, 04:46:10 AM
 #253

I think it would be wrong to compare trading with a job because if you work you will get a certain amount of salary at the end of every month but there is no such guarantee in trading. As much as you can make money while trading, you have the potential to lose money.
If what you mean is a job like an office or like a factory worker, it is very true, that most of them are paid every month and have a salary that is said to be fixed. But here we are talking about the job as a whole, not just jobs with a monthly salary system.

Then you mentioned that (crypto) trading is not a job, the reason is because the income is uncertain and there is a possibility of losing money. But what about business or entrepreneurship, such as opening a restaurant and shopping store. These two things certainly don't have a fixed income every day and always experience different income every day and can also lose money because of certain things (such as unsold goods or ingredients that are stale ). But even so, these two things are still referred to as a job. So if you look at it from a business and entrepreneurial perspective, trading in the crypto market can also be considered a job. Because still, trading in crypto, especially daily, will definitely spend quite a long time every day to do analysis.

And about income from crypto trading which is always uncertain, this is indeed very reasonable. Because every trader will always wait for the right moment and time to sell the crypto assets they have, so they can get a profit. Even trading in the real world (other than crypto), the reality is like that. So if you say trading in crypto is not a job, in my view, you are wrong.

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Inwestour
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August 02, 2023, 10:30:44 AM
 #254

You can not trade if you don't have initial capital but your initial capital for trading is not called as investment fund.

Jobless people need money to buy food, drink to survive first and trading is not what they should do. Because trading is risky and majority of traders will lose money in trading. If you have jobs, you can have regular income to cover your loss in trading, still have money to buy food and drink, but if you are jobless, when you get loss in trading, you will die.

If you are jobless, let's find jobs to work, don't trade.
Each of us can lose a job, it happens, but we need to be prepared for this. That is why I repeat so often that everyone should take care of the reserves that will help us in difficult times. Reserves should be such that they are enough while you look for a new job.

Since I am always concerned about comfort and safety, I am certainly opposed to this reserve being used for trading. You can use only a small part of it for trading, only if you have a job and it will not have any financial impact on you in the event of a loss of money. Otherwise, this is completely unacceptable.
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August 02, 2023, 11:32:29 AM
 #255

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
OP,you don't need to see trading as a job because trading is very risky and can lead you to a big loss. For one to go into trading, you need a job and use trading as a side job. Cryptocurrency is volatile in nature and if you don't understand the market signals,it will be a waste of time and resources for you. Newbies think that making profit in trading is as easy as they are saying it but I bet you trading is seen as gambling for those that are not professional traders because they will loss more than they make profit.

There are still people that make it as a job, but only those professionals who are very experienced and have been trading for a couple of years and have a good profit per year, meaning they can make a living on it. But if the newbie just resigns and jumps in, then for sure it is a waste of his time and money because you'll need to learn first, and that doesn't mean you can learn it overnight; you'll need a couple of months, even a year, before you start seeing some profits and winning a trade.
Fatunad
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August 02, 2023, 11:25:16 PM
 #256

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
OP,you don't need to see trading as a job because trading is very risky and can lead you to a big loss. For one to go into trading, you need a job and use trading as a side job. Cryptocurrency is volatile in nature and if you don't understand the market signals,it will be a waste of time and resources for you. Newbies think that making profit in trading is as easy as they are saying it but I bet you trading is seen as gambling for those that are not professional traders because they will loss more than they make profit.

There are still people that make it as a job, but only those professionals who are very experienced and have been trading for a couple of years and have a good profit per year, meaning they can make a living on it. But if the newbie just resigns and jumps in, then for sure it is a waste of his time and money because you'll need to learn first, and that doesn't mean you can learn it overnight; you'll need a couple of months, even a year, before you start seeing some profits and winning a trade.
Whether we do like it or not but there are indeed people who do make trading as their living on which they could really be able to sustain on being profitable despite of the losses that they do experience and this is the time that we could really be able to say that they are professionals.Reaching out this state is never been that simple and it would really pertain lots of years and lots of experiences that you have done until you do find yourself that sustainable or something  that we could really be able to tell that we do able to have a good grasps to it.

On the time that you have lost your job or having no job at all and you desperately trying out to make out some trading just because you are aiming that you would really be profitable or making it a living
then its a bad move because this would really be making you that desperate and cant really make yourself that efficient on your trading because you are really that desperate on success.
Also, it would really be taking lots of years for you to be that profitable or sustainable in trading on which it is something that you could able to reach or attain on a few days.
This is really a wrong misconception for most people.

R


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August 02, 2023, 11:59:36 PM
 #257

The majority of jobless people these days have no idea and knowledge of trading, whether it's traditional, Forex, Stockc, or Cryptocurrency. And the others just feel like experts in crypto trading but in reality they are not. Although there is nothing wrong with turning it into a source of income, that's why you must have a deep understanding of these skills of crypto activity. Because if your knowledge is not deep or broad, it will be difficult for you to become a source of income for sure.
Day trading isn't an easy matter although jobless people know crypto, Stock, Forex, or the like. To be a day trader, it needs proper skills, knowledge, and experience. Mastering good skills and have sufficient knowledge in trading probably takes a long time, jobless people cannot expect to master it instantly. Since many jobless people expect to earn money instantly, I'm not sure if there are many of them interested in day trading. They may quite after learning it for a few days. Learning day trading can be complicated enough and it may be bored because someone won't be easy to take profits when it is in the beginning step.

It seems to me trading is a good idea for passive income but definitely not for main, since you can loose. And newbies lose much more often than earn.
Of course, if you want to become a professional trader, you have to spend much time for that, but always have additional sources of income, that's wise
Do you understand what passive income is?
If you want to have passive income, you should choose investment.
Anyway, to be a professional trader, it is not only about spending much time. You also need to learn a lot, you must have broad insight whether about crypto as a whole and trading itself.


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August 03, 2023, 06:24:57 AM
 #258

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
OP,you don't need to see trading as a job because trading is very risky and can lead you to a big loss. For one to go into trading, you need a job and use trading as a side job. Cryptocurrency is volatile in nature and if you don't understand the market signals,it will be a waste of time and resources for you. Newbies think that making profit in trading is as easy as they are saying it but I bet you trading is seen as gambling for those that are not professional traders because they will loss more than they make profit.

There are still people that make it as a job, but only those professionals who are very experienced and have been trading for a couple of years and have a good profit per year, meaning they can make a living on it. But if the newbie just resigns and jumps in, then for sure it is a waste of his time and money because you'll need to learn first, and that doesn't mean you can learn it overnight; you'll need a couple of months, even a year, before you start seeing some profits and winning a trade.
right, don't be too optimistic to be able to live a luxurious life from trading at first for beginners, but we must be able to think positively to process becoming a pro trader someday, because in reality it is not as easy as one might imagine at first that it is easy to make money from trading. therefore by enriching experience first and taking lessons from it we will be able to survive in market rotation, and can depend on trading for a living, everyone will have different phases, sooner or later they may even give up to go through the process

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August 03, 2023, 06:23:33 PM
 #259

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly


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Franctoshi
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August 03, 2023, 07:38:03 PM
 #260

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly

The problem with depending on trading as a source of income is when you do not have good trading capital and the skill to trade profitably. Yes, there is no guaranteed profit every day but if you are a good trader with a good trading strategy, you can leverage each day from the market when you have a reasonable profit target, after profit and lose you still end up achieving your target at the of the day
For me, I have an achievable profit target each day I'm trading when I minus my losses I end up reaching my target except for minor occasions when the market is too bad. 



 

R


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August 03, 2023, 08:16:46 PM
 #261

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly

The problem with depending on trading as a source of income is when you do not have good trading capital and the skill to trade profitably. Yes, there is no guaranteed profit every day but if you are a good trader with a good trading strategy, you can leverage each day from the market when you have a reasonable profit target, after profit and lose you still end up achieving your target at the of the day
For me, I have an achievable profit target each day I'm trading when I minus my losses I end up reaching my target except for minor occasions when the market is too bad. 



 
The only thing that you should mind is sustainance because if you couldn't be able to do such thing then you would really be able to find yourself on big trouble on which its better to make yourself be able to assess out on what are the things that you should consider out first before you would really be making yourself taking up such step because if you wont really be that mindful or being that realistic then you would definitely be putting up yourself on such hard situation or you would be messing up because trading specially day trade is never been that a good option or making yourself that pushing up on something that cant really be that possible on a short time duration or something that you could really be having a good grasps on short time. Yes, trading could really be made out as a living on the time you do reach out on a state that you could be able to make profits despite of losses but we know that only a few who do able to succeed out on this field and not all would
really be tending out to deal up will eventually be able to succeed.
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August 04, 2023, 03:09:57 AM
 #262

Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly
I like your valuable opinion. It would be good if we have extra income for trading. We can't trade with the thought of always making a profit, so it would be good if we have the benefit of extra income along with the trade.  So that with the barti income money one should keep the source of income to run his family and himself. And if someone tries to run his family and himself on top of the entire trade then he will never do well. Yes I have seen investing.  The fortunes of many have changed but I don't know if it is right to expect that the fortunes of all will change.


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coinerer
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August 04, 2023, 09:57:37 AM
 #263

Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly
I like your valuable opinion. It would be good if we have extra income for trading. We can't trade with the thought of always making a profit, so it would be good if we have the benefit of extra income along with the trade.  So that with the barti income money one should keep the source of income to run his family and himself. And if someone tries to run his family and himself on top of the entire trade then he will never do well. Yes I have seen investing.  The fortunes of many have changed but I don't know if it is right to expect that the fortunes of all will change.
It is possible to earn good profit by trading but it is not constant. so it is necessary to have a fixed job to earn regular income. and it is always better to trade in Bitcoin to stay low risk and also invest in popular currencies ETH, BNB. as much as cryptocurrency has brought people an easy way to earn, there is also a huge potential for loss. so trading requires very good analysis, then it is possible to earn profit


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August 04, 2023, 03:32:27 PM
 #264

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

If you do not work and start trading to earn a living, then trading will become your robot. To start trading and do nothing else, you need to devote a lot of time to this business. Everyone wants to stop working for the boss and start trading, but not everyone can do it, because it's not easy. What will you do if you lose money once or twice or three times. After all, do not forget that trading is a very risky business.

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August 04, 2023, 03:43:18 PM
 #265

When you fully depend on trading, day trading like you said, to make a living, foot all your bills, and still have some left over, then you are not going to trade with caution but with the highest risk of it all. Because you will always want to go back home with profit every single day, and not just profit but profit that can handle your daily needs, which will put you at a higher trading risk since the higher the risk, the higher the profit. 
 
Am not entitled praying for bad trade for any one but this is the worst mistake any one can ever do, putting all his life and others entirely on trading. That person might even end up not having anything at all at the end of the day, that little savings which he have saved and accumulated and decided to start trading with it, will just vanish before he will even realize it. 

A very good idea. Risk breeds risk, if you have a family, responsibility, obligations, maybe loans, then you are obliged to earn money and be in the black. Trade is not the best place for this. After all, you can’t count on a stable income here. And if you lost money today, then tomorrow you need to make up for it, and for this you need to take more risks. It is necessary to have money in case you lose a lot in trading. It is not simple. Most likely it will be right to trade with money that you can lose and this will not adversely affect the life of you and your family

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August 04, 2023, 03:45:32 PM
 #266


If you do not work and start trading to earn a living, then trading will become your robot. To start trading and do nothing else, you need to devote a lot of time to this business. Everyone wants to stop working for the boss and start trading, but not everyone can do it, because it's not easy. What will you do if you lose money once or twice or three times. After all, do not forget that trading is a very risky business.

Your success rate in trading does not depend on how much time that you put on it. You need such time when you are just starting as a newbie because you are new to everything you are seeing and you need to know how to navigate through it but if you have mastered the act, you only need to watch your trade, analyse your chart and know what trade decision to take. A newbie need such time but not an experienced trader. However, to rely on only trading for a living is going to put pressure on you.
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August 06, 2023, 10:59:26 AM
 #267


If you do not work and start trading to earn a living, then trading will become your robot. To start trading and do nothing else, you need to devote a lot of time to this business. Everyone wants to stop working for the boss and start trading, but not everyone can do it, because it's not easy. What will you do if you lose money once or twice or three times. After all, do not forget that trading is a very risky business.

Your success rate in trading does not depend on how much time that you put on it. You need such time when you are just starting as a newbie because you are new to everything you are seeing and you need to know how to navigate through it but if you have mastered the act, you only need to watch your trade, analyse your chart and know what trade decision to take. A newbie need such time but not an experienced trader. However, to rely on only trading for a living is going to put pressure on you.

Yeah that's for real, those who rely with trading as main source of living are people who invested time and manage to create a good strategy that can be adjustable in each market situation, not all can have that same results, even you have longer time but you are not that good in anticipating the market, still going to depend from how you adopt and how willing you are to make an extra mile to find a suited strategy that will help you to make a good decision making when placing your position.

That sentiment regarding to newbie who have longer time to be spent it's valid if the person is keen to learn more about the industry and how will they manage to create good patterns that they will follow to established a strategy that will give them some extra edge while positioning their trades.

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August 06, 2023, 12:35:47 PM
 #268


If you do not work and start trading to earn a living, then trading will become your robot. To start trading and do nothing else, you need to devote a lot of time to this business. Everyone wants to stop working for the boss and start trading, but not everyone can do it, because it's not easy. What will you do if you lose money once or twice or three times. After all, do not forget that trading is a very risky business.

Your success rate in trading does not depend on how much time that you put on it. You need such time when you are just starting as a newbie because you are new to everything you are seeing and you need to know how to navigate through it but if you have mastered the act, you only need to watch your trade, analyse your chart and know what trade decision to take. A newbie need such time but not an experienced trader. However, to rely on only trading for a living is going to put pressure on you.

being pressured or not actually all depends on the ability of the trader himself. but I do not really agree if they trade to meet their main needs. I'm sure trading like that also requires a sizable amount of capital. so it has a good profit margin. but still unemployed with no income, what do you want to trade with? that must be known trading requires capital. and maybe that's what the unemployed who want to trade don't have.
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August 06, 2023, 12:58:50 PM
 #269

Day trading are not for everyone because it requires skills and time to do that everyone. For me day trading is stress because you have to be alert all the time all day long just to make a good entry point and profits as well. I also do trade but not daily, just couple of occasions especially when the market is in dip, then it's a good buy for me and take profit at the top.

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August 06, 2023, 04:11:23 PM
 #270

Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly
I like your valuable opinion. It would be good if we have extra income for trading. We can't trade with the thought of always making a profit, so it would be good if we have the benefit of extra income along with the trade.  So that with the barti income money one should keep the source of income to run his family and himself. And if someone tries to run his family and himself on top of the entire trade then he will never do well. Yes I have seen investing.  The fortunes of many have changed but I don't know if it is right to expect that the fortunes of all will change.
Trading is very risky, and on top of that, it's such that needs one to detach themselves from the desperate expectations of gains coming from it. Else, the trader will be emotional and you know what the result of that would be. Although the scope of the OP from the beginning is to establish the point that day trading needs more time and that time could be only created by the jobless people which I so much agree with.

Only that there is more to the joblessness in trading. If someone is gainfully employed and still knows how to trade, it's a better arrangement as you might trade less emotion. But that's not the same with someone that fully depends on trading to survive.

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August 06, 2023, 08:46:19 PM
 #271

Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly
I like your valuable opinion. It would be good if we have extra income for trading. We can't trade with the thought of always making a profit, so it would be good if we have the benefit of extra income along with the trade.  So that with the barti income money one should keep the source of income to run his family and himself. And if someone tries to run his family and himself on top of the entire trade then he will never do well. Yes I have seen investing.  The fortunes of many have changed but I don't know if it is right to expect that the fortunes of all will change.
Trading is very risky, and on top of that, it's such that needs one to detach themselves from the desperate expectations of gains coming from it. Else, the trader will be emotional and you know what the result of that would be. Although the scope of the OP from the beginning is to establish the point that day trading needs more time and that time could be only created by the jobless people which I so much agree with.

Only that there is more to the joblessness in trading. If someone is gainfully employed and still knows how to trade, it's a better arrangement as you might trade less emotion. But that's not the same with someone that fully depends on trading to survive.
Very risky indeed and we do know that you would really be needing up capital on which means that if you are that someone who would really be having that struggling on having a job but ends up on making trading

as their last resort then they would really be putting up themselves on big trouble on which its true that it isnt something an option for someone for them to be able to sustain knowing that trading is never been simple.It would really be requiring that sufficient knowledge and skills for them to be able to survive and making a living. Going into the situation on which on a particular person do ends up on becoming a
real trader or professional is on the time that they could able to sustain out on making profits in the end of the day but acquiring these skills wont really be simple as it sounds.

Yes, there are traders who could really make out a living but if these things are you trying out to pursue just because you do see this is the fastest and worthy way on making yourself having that financial
freedom then you do really have those wrong or misconceptions in mind which needs to be corrected.

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August 07, 2023, 05:58:10 AM
Last edit: August 07, 2023, 01:10:47 PM by coinerer
 #272

Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly
I like your valuable opinion. It would be good if we have extra income for trading. We can't trade with the thought of always making a profit, so it would be good if we have the benefit of extra income along with the trade.  So that with the barti income money one should keep the source of income to run his family and himself. And if someone tries to run his family and himself on top of the entire trade then he will never do well. Yes I have seen investing.  The fortunes of many have changed but I don't know if it is right to expect that the fortunes of all will change.
Trading is very risky, and on top of that, it's such that needs one to detach themselves from the desperate expectations of gains coming from it. Else, the trader will be emotional and you know what the result of that would be. Although the scope of the OP from the beginning is to establish the point that day trading needs more time and that time could be only created by the jobless people which I so much agree with.
Only that there is more to the joblessness in trading. If someone is gainfully employed and still knows how to trade, it's a better arrangement as you might trade less emotion. But that's not the same with someone that fully depends on trading to survive.
That’s why i am talking about this. trading is risky thing then how can a jobless person afford this risk where he/she is definitely weak financially. so in this situation when that jobless person will loss in trading then he will very emotional and at this point he have  to take loan to meet his Daily expenses. so a jobless person always need to a deep think before start day trading. long term holding is less risky then day trading but it require long patience


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August 07, 2023, 07:00:32 AM
 #273

Funniest thread I read today. I am not laughing at jobless people because officially I am jobless as well. But the point of the thread is wrong and it is actually the opposite. Jobless or people not generating income regularly should never do day trading. Trading is easier said than done after seeing people earning a lot of it. And day trading is even more difficult compared to the other type of traders out there.

This is why I firmly believe that financial management should be mandatory in all courses and even companies and government offices should have a yearly financial management training.

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August 07, 2023, 09:49:34 AM
 #274

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Well, in my opinion you are not exactly right. Even in trading you depend on the market, coin volatility and other things you cannot predict.
Trading is about knowledge and skills, like anything else.
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August 07, 2023, 10:32:23 PM
 #275

Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly
I like your valuable opinion. It would be good if we have extra income for trading. We can't trade with the thought of always making a profit, so it would be good if we have the benefit of extra income along with the trade.  So that with the barti income money one should keep the source of income to run his family and himself. And if someone tries to run his family and himself on top of the entire trade then he will never do well. Yes I have seen investing.  The fortunes of many have changed but I don't know if it is right to expect that the fortunes of all will change.
Trading is very risky, and on top of that, it's such that needs one to detach themselves from the desperate expectations of gains coming from it. Else, the trader will be emotional and you know what the result of that would be. Although the scope of the OP from the beginning is to establish the point that day trading needs more time and that time could be only created by the jobless people which I so much agree with.

Only that there is more to the joblessness in trading. If someone is gainfully employed and still knows how to trade, it's a better arrangement as you might trade less emotion. But that's not the same with someone that fully depends on trading to survive.
Very risky indeed and we do know that you would really be needing up capital on which means that if you are that someone who would really be having that struggling on having a job but ends up on making trading

as their last resort then they would really be putting up themselves on big trouble on which its true that it isnt something an option for someone for them to be able to sustain knowing that trading is never been simple.It would really be requiring that sufficient knowledge and skills for them to be able to survive and making a living. Going into the situation on which on a particular person do ends up on becoming a
real trader or professional is on the time that they could able to sustain out on making profits in the end of the day but acquiring these skills wont really be simple as it sounds.

Yes, there are traders who could really make out a living but if these things are you trying out to pursue just because you do see this is the fastest and worthy way on making yourself having that financial
freedom then you do really have those wrong or misconceptions in mind which needs to be corrected.
Sooner or later you would really be making yourself getting desperate because you have lost that much, you arent expecting that you will lose money rather than on gaining on which this is really basing up with your initial impression on what most newbies do. You wont really be able to learn up things on point but rather it would really be depending on the experience that you had able to encounter and you would be finding that its never been something that suitable or getting in line on what you do believe basing up on what you do currently encounter. This is why errors or mistakes do usually come at the end because of lack of initial research and lack of understanding on how this market works and not to be able to reassess things which needs to be done first before making such act or step.

I agree on what you have said that traders could make a living out of the market playing with those movements but its not something that everyone could be able to acquire or achieve out.
It would be needing tons of experience and skills for you to find yourself that sustainable.

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August 08, 2023, 03:03:17 AM
 #276

I'm not sure suggesting unemployed people should squander what little money they have on speculative trading which is little more than going to the casino with a fool proof get rich scheme.  Researching stocks and bonds to see which have made a profit, found new resources or patented new things are pointers to stocks that will perform well over time, not which five minute candle has turned from red to green or visa versa.

Pleased to meet you.
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August 08, 2023, 05:48:12 AM
 #277

Daytrading isn't a perfect at any cost mate , because this is not as easy as how you express
 this since there are only few who successfully made money in trading world so how come that this become perfect?

better not to believe in this completely because you knew what will happen if you over expecting .
though Jobless needs trading for them to be fit but with care ,
 if they made small mistakes then they will lose everything.

I myself had been here for how many years ,
but I must accept that there are only few chances that I earn more from trading instead HODLING is what brings me more profit from the start.

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August 08, 2023, 08:05:40 AM
 #278


If you do not work and start trading to earn a living, then trading will become your robot. To start trading and do nothing else, you need to devote a lot of time to this business. Everyone wants to stop working for the boss and start trading, but not everyone can do it, because it's not easy. What will you do if you lose money once or twice or three times. After all, do not forget that trading is a very risky business.

Your success rate in trading does not depend on how much time that you put on it. You need such time when you are just starting as a newbie because you are new to everything you are seeing and you need to know how to navigate through it but if you have mastered the act, you only need to watch your trade, analyse your chart and know what trade decision to take. A newbie need such time but not an experienced trader. However, to rely on only trading for a living is going to put pressure on you.
not sure about that, because sometimes Time are bringing us enough space to deal and to decide , not just because of Bot instead because of our effort finding the right one , meaning we need to use time still to earn better in daytrading.









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August 08, 2023, 08:11:32 AM
 #279

Funniest thread I read today. I am not laughing at jobless people because officially I am jobless as well. But the point of the thread is wrong and it is actually the opposite. Jobless or people not generating income regularly should never do day trading. Trading is easier said than done after seeing people earning a lot of it. And day trading is even more difficult compared to the other type of traders out there.

This is why I firmly believe that financial management should be mandatory in all courses and even companies and government offices should have a yearly financial management training.

I find it funny actually that so many comments here as in other trading discussions prove that half of posters at least aren't even trading, or in fact have never traded before in their lives. So much wrong information.

I keep telling people, you trade you learn nothing useful that can help you in life and career unless you actually want to have a trading career.

You can't get things free and easy, life lesson that people fail to get Sad

Only holding is for everyone, trading is not for 99% of people.

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February 14, 2024, 12:33:53 PM
 #280

Solely relying on trading,will require more dedication and consistency in the process of trading.
But I suggest if one has not attained a certain level which might be having constant profits,daily increase in your portfolio,reduced loss,you wouldn't be successful in trying to make trading your only source of income.
Stick to your Job till you can have a proven edge, rather be taking certain percentage of your salary and fund your account,this also reduce your high expectations and relieve pressure and quest for bigger profits.
In essence,Day trading can be done by anyone as far as  the person has a proven edge.

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February 14, 2024, 10:40:22 PM
 #281

Yeah, trading can be profitable, and if done correctly, then you can expect a great reward or profit, but the catch is that "if you do it correctly,"  trading is not easy and will never be easy. It has been said numerous times, and I have also said it in many topics, but solely relying on trading without any stable job can be a bad move or could result in the worst scenario.

You see, you can lose your funds or investments in trading, so imagine you don't have a stable job or are jobless, but in trading, do you have the guarantee that you will always earn from your trades? Even experts with long years of experience sometimes lose trades because there will always be a margin of error in every trade. So I recommend or not recommend, and I will mandate that you get a job first before you engage in trading; if not, then it's up to you what you will do in difficult situations.

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February 14, 2024, 11:01:59 PM
 #282

Solely relying on trading,will require more dedication and consistency in the process of trading.
But I suggest if one has not attained a certain level which might be having constant profits,daily increase in your portfolio,reduced loss,you wouldn't be successful in trying to make trading your only source of income.
Stick to your Job till you can have a proven edge, rather be taking certain percentage of your salary and fund your account,this also reduce your high expectations and relieve pressure and quest for bigger profits.
In essence,Day trading can be done by anyone as far as  the person has a proven edge.
For those who already have a proven advantage in day trading, they will certainly make it their daily job in addition to their main job in their own environment. This means that anyone can do this as long as they have sufficient knowledge and established capital for it so that when they have to bear a loss on a certain day, they don't experience excessive stress and know how to get it back the next day. So apart from referring to the essence of what you said, everyone also needs to refer to their own patience if they don't want to bear the losses that are visible on a certain day.

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February 15, 2024, 03:07:14 AM
 #283

In fact, trading at the very beginning and even with quite successful traders who have not yet become rich enough is impossible without hired work. Hired labor reduces the risk that you will lose your source of funds and will have nothing to pay utility bills or buy food and clothing. Yes, the unemployed have a lot of time, but trading is an activity that depends little on the amount of time invested in it. You can spend several years trading and not receive any income. Or you may even make a loss. Conversely, in a couple of weeks you can provide for yourself until retirement. So I wouldn't put much emphasis on the time you spend trading. On the contrary, I would recommend trading less often and conducting more analytical work on the market.
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February 15, 2024, 08:58:36 AM
 #284

I really don't think it's a nice idea to have nothing doing, and just focusing on trading, it's a wrong move we should all avoid, because since you have no other sources of income except trading you wouldn't be patience enough to wait for the right set up, and secondly, you are always going to be under pressure since you must return with an income at the end of the day which might leads to significant losses.

Trading is mostly beneficial when you have something doing, which will take your mind off trading sometimes, because it is very important that you have a life going on for you aside trading, and finally try not to depends on trading for survival, so that you can succeed by not being under any kind of pressure.

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February 15, 2024, 09:19:39 PM
Last edit: February 15, 2024, 10:06:47 PM by Luizwalter Crypt
 #285

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Trading daily to earn a living is not really wise thought. Rather it should be like a side hustle that only adds to your normal physical job.

As a beginner you will likely blow your accounts severally and if you don't have wat to fall back to it will really tell on you. So first of all own a live business/job grow it and keep learning how to trade till you get to the level you want.
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February 16, 2024, 01:18:59 AM
 #286

Yeah, trading can be profitable, and if done correctly, then you can expect a great reward or profit, but the catch is that "if you do it correctly,"  trading is not easy and will never be easy. It has been said numerous times, and I have also said it in many topics, but solely relying on trading without any stable job can be a bad move or could result in the worst scenario.

You see, you can lose your funds or investments in trading, so imagine you don't have a stable job or are jobless, but in trading, do you have the guarantee that you will always earn from your trades? Even experts with long years of experience sometimes lose trades because there will always be a margin of error in every trade. So I recommend or not recommend, and I will mandate that you get a job first before you engage in trading; if not, then it's up to you what you will do in difficult situations.

Definitely, trading will be a profitable and easy job if done correctly because trading has never been an easy thing. Although trading seems to be the simplest form of buying a financial product at a low price and making a profit by selling it at a high price after its appreciation, the real aspect of the trading is much different. Constantly following price movements and news, analyzing possible price movements with the changes of indicators, making up-to-date technical analysis on the current chart and ensuring correct capital management are actually the biggest and most important bumps on this seemingly simple road.

It is a very difficult process especially for an unemployed person who doesn't earn a regular income to earn money by trading and continue his/her life in good conditions because it isn't possible to earn money always and instantly in trading. In addition, the constant outflow of money from the capital of a trader who doesn't have a regular income for living expenses will prevent that person from earning high profits due to the constant decrease in his/her balance. In short, since an unemployed person who doesn't have a regular income constantly loses in trading and consumes money from his/her capital to meet his/her living expenses will generally cause the entire balance to be depleted, it causes us to remember the fact that individuals who don't have a regular income are less likely to be successful in business.
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February 16, 2024, 11:50:38 AM
 #287

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Lol. So you think day trading is easy or does not take a lot of your time?

The truth is, with day trading you will either lose your money and your time or you will barely make any profit and lose a lot of time. This rings true for 95% of all day traders. In the long run, it would be smarter to just hodl your Bitcoin and DCA with the income from a job.

Day trading as a sole income source is possible, but it will take so much time that you might as well get a normal job and you would earn more per hour, relatively.

 

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February 16, 2024, 12:03:03 PM
 #288

Trading daily to earn a living is not really wise thought.
If someone can make a daily living with trading, that's a good thing. If it's just a thought and you don't know how to do it, it's not really wise.

Rather it should be like a side hustle that only adds to your normal physical job.
I agree.
If you're not yet that good, you can do it as a side hustle and that's why you still need to have a normal job to support that practice of yours as you trade.


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Fatunad
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February 16, 2024, 12:11:10 PM
 #289

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Lol. So you think day trading is easy or does not take a lot of your time?

The truth is, with day trading you will either lose your money and your time or you will barely make any profit and lose a lot of time. This rings true for 95% of all day traders. In the long run, it would be smarter to just hodl your Bitcoin and DCA with the income from a job.

Day trading as a sole income source is possible, but it will take so much time that you might as well get a normal job and you would earn more per hour, relatively.

 
You would really be able to tell that those people are really that having no knowledge about trading and really just that saying things as if that it was possible or really that looks easy but for those people who do have that experienced then for sure they are already that wary or aware about the reality of trading on which its never been simple and its not something that you could really be able to make it as a day job.
On the time that they would really be able to test up for themselves then they would really be definitely be able to say that it was never been simple and never been easy.

This is why it would really be that wise that you should really be that making yourself wary before you do dive in with trading.You should really be trying out for yourself before you would really be
deciding that you would really be that doing trading or would really be that trying out to check out first whether it would suit you up or you could be
able to bare up with the risks or not.

R


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February 17, 2024, 05:03:42 AM
 #290

Solely relying on trading,will require more dedication and consistency in the process of trading.
But I suggest if one has not attained a certain level which might be having constant profits,daily increase in your portfolio,reduced loss,you wouldn't be successful in trying to make trading your only source of income.
Stick to your Job till you can have a proven edge, rather be taking certain percentage of your salary and fund your account,this also reduce your high expectations and relieve pressure and quest for bigger profits.
In essence,Day trading can be done by anyone as far as  the person has a proven edge.
For those who already have a proven advantage in day trading, they will certainly make it their daily job in addition to their main job in their own environment. This means that anyone can do this as long as they have sufficient knowledge and established capital for it so that when they have to bear a loss on a certain day, they don't experience excessive stress and know how to get it back the next day. So apart from referring to the essence of what you said, everyone also needs to refer to their own patience if they don't want to bear the losses that are visible on a certain day.
If we only focus on trading then we will have difficulty if we experience failure in trading and I really agree with you if we do and still have other jobs that we can do besides trading because if we only make trading our main job then this will make us not be ready to face losses in trading and we must be able to bounce back from failures in trading to be able to make a profit, when trading it is of course very important not to be greedy and not have patience in trading so that we will only experience losses from the trade.
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February 17, 2024, 05:47:53 AM
 #291

-snip-

You see, you can lose your funds or investments in trading, so imagine you don't have a stable job or are jobless, but in trading, do you have the guarantee that you will always earn from your trades? Even experts with long years of experience sometimes lose trades because there will always be a margin of error in every trade. So I recommend or not recommend, and I will mandate that you get a job first before you engage in trading; if not, then it's up to you what you will do in difficult situations.

Simply put a person needs a stable income before he trades. Because there is a lot of uncertainty from trading and it could put him in a bad position if he fails. So as much as possible, someone who wants to trade must have a side income, whether from his job or from the business he owns - don't put your full hopes on trading because it is quite risky.

R


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February 17, 2024, 06:05:03 AM
 #292

Lol. So you think day trading is easy or does not take a lot of your time?

The truth is, with day trading you will either lose your money and your time or you will barely make any profit and lose a lot of time. This rings true for 95% of all day traders. In the long run, it would be smarter to just hodl your Bitcoin and DCA with the income from a job.

Day trading as a sole income source is possible, but it will take so much time that you might as well get a normal job and you would earn more per hour, relatively.

You are very much right in saying that 95% of day traders end up losing their money. Even experienced traders find it hard to handle day trading. It's better to do some other work for full day instead of wasting complete day by sitting in front of computer. Day trading is not an easy thing to do, you have to sit in front of computer for whole day since crypto market never sleeps. 
If you want to do day trading then invest only small capital into it (as much you can afford to lose) and make sure majority of your capital is locked for long term.
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February 18, 2024, 09:23:42 PM
 #293

Indeed, daily trading is everyone's dream, especially me, but the main point is whether our daily trading will always be profitable? So what if we run out of capital?
This is the hardest problem, if you feel confident about yourself that your skills in trading will be profitable, yes you are free to do it, but if you feel that trading is always profitable, it's best to work for real.
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February 19, 2024, 06:36:56 PM
 #294

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
How do you even get money to start anyway if you don't have job to back up your investment. Unless you have a good alternative way of income source then I would not ever recommend to touch trading, just imagine if you lose and you don't have a backup money for your daily needs, that must've been really rough for you. Trading especially day trading is not everyone's game, you need time to do it.

You don't need to trade if you want to become a "boss", there are lot of ways to become one such as making your own business.

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February 21, 2024, 08:12:25 PM
 #295

-snip-

You see, you can lose your funds or investments in trading, so imagine you don't have a stable job or are jobless, but in trading, do you have the guarantee that you will always earn from your trades? Even experts with long years of experience sometimes lose trades because there will always be a margin of error in every trade. So I recommend or not recommend, and I will mandate that you get a job first before you engage in trading; if not, then it's up to you what you will do in difficult situations.

Simply put a person needs a stable income before he trades. Because there is a lot of uncertainty from trading and it could put him in a bad position if he fails. So as much as possible, someone who wants to trade must have a side income, whether from his job or from the business he owns - don't put your full hopes on trading because it is quite risky.

A very good point,  as aside from a huge amount of time that can be use to learn more about trading,  most the factors that affects the account still need to be considered,  especially the source of your finances,  as we all know how risky it is when we discuss about trading,  even you put all your time there's no guarantee  that you'll be able avoid losing your position,  there are always situations that you will failed with your decision making, and if you don't have a good source for your finances there's no way for you  to sustain  your trades.

A good and stable source of funding first then you can focus with your trading and continue to grow your knowledge,  it's important to have that capability to make sure that you'll be able to sustain and work with every position you have during your trades sessions.

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February 21, 2024, 09:17:45 PM
 #296

How do you even get money to start anyway if you don't have job to back up your investment. Unless you have a good alternative way of income source then I would not ever recommend to touch trading, just imagine if you lose and you don't have a backup money for your daily needs, that must've been really rough for you. Trading especially day trading is not everyone's game, you need time to do it.
If we only have the money for basic necessities, we shouldn't use the money for trading.
I agree that trading can result 2 things, earning money or losing money. There is no guarantee to earn money/profits in trading. The result will depend on our ability in trading and sometimes a little of luck. So, if we have no sufficient knowledge and experience, it is hard to expect regular money from trading. We can't rely on trading to fulfill all our daily needs.

You don't need to trade if you want to become a "boss", there are lot of ways to become one such as making your own business.
How can someone expect to be a boss in trading?
In trading, we must always keep learning and analyze the market condition.
We can't expect to be lazy and easy earning money from trading.


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February 24, 2024, 06:42:17 PM
 #297

If you think trading is easy and everything is about profit, you are not worthy, as for people who are successful in trading, they take great pains to gain technical knowledge and analysis, everything does not happen instantly, of course they have also suffered losses, if If you want to be like them, you also need large capital and are ready to lose

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February 25, 2024, 11:22:35 AM
 #298

If you think trading is easy and everything is about profit, you are not worthy, as for people who are successful in trading, they take great pains to gain technical knowledge and analysis, everything does not happen instantly, of course they have also suffered losses, if If you want to be like them, you also need large capital and are ready to lose

At start person should utilise less money because without experience win is not guaranteed so if unfortunately you loss in trading your loss will be less and you can learn well by using less amount.

With the passage of time there will be minimum mistakes of traders but it does not means that he will always win after getting experience. In this stage of learning a trader will loss huge amount so he should be ready for it and gather large amount for trading because less amount is not enough at starting.



 

 

 

 

 

 


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February 25, 2024, 02:46:30 PM
 #299

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Day trading is perfect if you are an expert in trading or have extensive knowledge in this matter. Because even if you get a small profit there, if it's every day, that's not bad. Because of my knowledge, you can get more profit than what an employee earns.

That's why there are different types of traders, and some of them are short-term traders, long-term traders, and scalpers, so only you can tell which of these types of traders you are.



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Rainbot
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February 26, 2024, 04:10:07 AM
 #300

In my opinion it would be foolish to treat it as a profession. Because it has lots of ricks which can make you lose all your money.

A professional trader can do this because they have an additional source of income. They have a lot of money so losing something is not a problem.

But if you are learning now then be patient and expert there.

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February 26, 2024, 05:56:57 AM
 #301

If you think trading is easy and everything is about profit, you are not worthy, as for people who are successful in trading, they take great pains to gain technical knowledge and analysis, everything does not happen instantly, of course they have also suffered losses, if If you want to be like them, you also need large capital and are ready to lose
Well, it's a good idea to look for income elsewhere that is more stable, while trading. When you have gained a lot of profit from trading, you can focus on developing the business you have to create a constant income every month, so you can focus on trading. That's better than planning to dive straight into trading without having another source of income. That's because trading is a difficult thing, and it could backfire on you, you don't make a profit there, and you get a loss. If that becomes your main and only job, then it will be difficult for you to make ends meet.
Maybe many professionals focus on trading, but I am quite confident that they have sources of income elsewhere. Well, if not, then they are really taking a big risk.

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boty
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February 27, 2024, 01:35:15 AM
 #302

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Day trading is perfect if you are an expert in trading or have extensive knowledge in this matter. Because even if you get a small profit there, if it's every day, that's not bad. Because of my knowledge, you can get more profit than what an employee earns.

That's why there are different types of traders, and some of them are short-term traders, long-term traders, and scalpers, so only you can tell which of these types of traders you are.
If you have good knowledge in trading, of course that person will be able to easily do it whenever they want to trade because they will be able to do it correctly and also be able to get profits from trading, but to be able to do it every day, of course we have to have sufficient capital. we can use it for trading and also make stable profits from trading results because if we experience failure in several trades then we will not be able to continue if we have little capital.

Of course we have to choose according to the type of trading that we have mastered well and never try a type of trading that we have not mastered well with large capital. Of course we have to start with small capital first if we are just trying a type of trading that we haven't yet. we can master it well and with the experience we have gained we will be able to master the types of trading that we have not yet mastered.

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February 27, 2024, 05:13:05 AM
 #303

day trading or weekly or monthly trading nothing is perfect work as alternative of job, because trading isn't a guaranteed things which given you only profits,
even it's quite impossible to earn money in daily. In the job your income is fixed but trading? most risky work, so it can't be a profession.
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February 27, 2024, 08:11:11 AM
 #304

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Day trading is perfect if you are an expert in trading or have extensive knowledge in this matter. Because even if you get a small profit there, if it's every day, that's not bad. Because of my knowledge, you can get more profit than what an employee earns.

That's why there are different types of traders, and some of them are short-term traders, long-term traders, and scalpers, so only you can tell which of these types of traders you are.
If you have good knowledge in trading, of course that person will be able to easily do it whenever they want to trade because they will be able to do it correctly and also be able to get profits from trading, but to be able to do it every day, of course we have to have sufficient capital. we can use it for trading and also make stable profits from trading results because if we experience failure in several trades then we will not be able to continue if we have little capital.

Of course we have to choose according to the type of trading that we have mastered well and never try a type of trading that we have not mastered well with large capital. Of course we have to start with small capital first if we are just trying a type of trading that we haven't yet. we can master it well and with the experience we have gained we will be able to master the types of trading that we have not yet mastered.
Its never been simple and its never been easy and this is something that we should put up into our minds so that we wont really be finding ourselves to be that desperate on making something which we know that it isnt simple. Yes, you could really make trading as a form of living or something you could rely on, but acquiring such skill and knowledge isnt something that anyone could be able to take grasps on.
It would really be taking tons of time and effort for you to be able to do so. This is why it would really be that a wrong mindset that you would be pushing and would be leaving yourself that jobless
and wait up for your trading results on which we know that this is something that cant be so sure.

Its not perfect patch up for someones work but if could make yourself that sustainable then its really that an advantage compared to others. This isnt something a
skill that could be acquired by all.

R


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Kelward
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February 28, 2024, 11:15:42 AM
 #305

Trading is hard and it's risky too, so it's not advisable to have it as an only source of income, because it's not like your regular 8am to 5pm job, where you're sure that at the end of the week or month, that your income is guaranteed. It's dangerous to depend on only crypto trading to make money and take care of your responsibilities, because there's no guarantee that your trade will always be profitable, so if loses starts to occur, there's no how to pay your bills, besides it seems that most traders experiences more loses than profits. So it's better to have another steady source of income, and let the trading to be an alternative source of income, remember to trade with the amount that you can afford to loose.

Hamphser
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February 28, 2024, 12:14:06 PM
 #306

Trading is hard and it's risky too, so it's not advisable to have it as an only source of income, because it's not like your regular 8am to 5pm job, where you're sure that at the end of the week or month, that your income is guaranteed. It's dangerous to depend on only crypto trading to make money and take care of your responsibilities, because there's no guarantee that your trade will always be profitable, so if loses starts to occur, there's no how to pay your bills, besides it seems that most traders experiences more loses than profits. So it's better to have another steady source of income, and let the trading to be an alternative source of income, remember to trade with the amount that you can afford to loose.
If you have quit up your day job just because you have decided on making trading as your main source of income then you are doing suicide. Its not something a skill that you could really be able to acquire in a short period of time and also not all people or traders do really ends up on being that profitable with trading on which there's no way that you could be able to be profitable in a short time.
Its not a perfect work for jobless people. Okay lets say that you had been laid off and you dont have any jobs but you have decided that you would really be doing trading. Do you really think
that you could really be able to make yourself profitable on the day you have started trading?

You would really be able to make out those realizations on the time that you would really be that trying out to make money with the market.
You would be finding it hard and very challenging and not something you could easily grasps on.

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snowpega
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February 28, 2024, 09:20:26 PM
 #307

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

No dear, Trading is not a good job because i also a risky part of earning if one has no job and only depends on trading as a job he/she may have to face so many problems. So the best thing is to always find a good job and take trades only if you have good knowledge about good trading for that you need to learn technical analysis and good fundamental analysis along with this you need to learn market sentiments which are not always the same and sometimes unexpected.

Let's say dear if one has lost all his/her money in trading how will he/she survive further? The stages of the traders are not always the same sometimes they make good profits and sometimes they have to bear big losses due to unexpected market behavior and many times their trades get traped so I always recommend that do not take trading like a job you should have a strong source of earning. Many Thanks!

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February 28, 2024, 11:57:55 PM
 #308

~snip~Let's say dear if one has lost all his/her money in trading how will he/she survive further? The stages of the traders are not always the same sometimes they make good profits and sometimes they have to bear big losses due to unexpected market behavior and many times their trades get traped so I always recommend that do not take trading like a job you should have a strong source of earning. Many Thanks!

Profits and losses must be considered too, both will definitely occur but minimizing losses really must be done. Don't suffer large losses due to unpredictable market conditions, you must have a backup plan so you don't lose too much. Trading is a job that really has to be taken seriously, it is a job that has to be treated quite differently, because it will be related to the profits you will have.

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March 01, 2024, 04:03:37 PM
 #309

Trading is hard and it's risky too, so it's not advisable to have it as an only source of income, because it's not like your regular 8am to 5pm job, where you're sure that at the end of the week or month, that your income is guaranteed. It's dangerous to depend on only crypto trading to make money and take care of your responsibilities, because there's no guarantee that your trade will always be profitable, so if loses starts to occur, there's no how to pay your bills, besides it seems that most traders experiences more loses than profits. So it's better to have another steady source of income, and let the trading to be an alternative source of income, remember to trade with the amount that you can afford to loose.
If you have quit up your day job just because you have decided on making trading as your main source of income then you are doing suicide. Its not something a skill that you could really be able to acquire in a short period of time and also not all people or traders do really ends up on being that profitable with trading on which there's no way that you could be able to be profitable in a short time.
Its not a perfect work for jobless people. Okay lets say that you had been laid off and you dont have any jobs but you have decided that you would really be doing trading. Do you really think
that you could really be able to make yourself profitable on the day you have started trading?

You would really be able to make out those realizations on the time that you would really be that trying out to make money with the market.
You would be finding it hard and very challenging and not something you could easily grasps on.

Not something that you can easily grasp, there are many obstacle along the way and for sure if you don't have that good source of funds it will be tough for you to survive, there are many poeple who did try the same path thinking that trading can give them an easy access to success, a short-cut way to earn money but the reality, it's not but instead it's  a place where you can easily lose your money if you don't have that right attitude and right understanding about the business.

There are people who speak up about their success but behind that success there are many failed trades that they went thru and they overcome with the help of enough funding to survive.

If you don't have that, better to think about it before bringing all in without any back up source of finances, trading can quickly sucks your investment out from your wallet.

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March 01, 2024, 04:42:27 PM
 #310

~snip~Let's say dear if one has lost all his/her money in trading how will he/she survive further? The stages of the traders are not always the same sometimes they make good profits and sometimes they have to bear big losses due to unexpected market behavior and many times their trades get traped so I always recommend that do not take trading like a job you should have a strong source of earning. Many Thanks!

Profits and losses must be considered too, both will definitely occur but minimizing losses really must be done. Don't suffer large losses due to unpredictable market conditions, you must have a backup plan so you don't lose too much. Trading is a job that really has to be taken seriously, it is a job that has to be treated quite differently, because it will be related to the profits you will have.
In trading profits and losses will go side by side and they cannot be separated from each other. We cannot continue to get profits and we cannot continue to feel losses if we really understand trading, even a professional trader still experiences losses, which is why we must know that both cannot be eliminated from trading.
One of the ways that we do not feel too big a loss is by setting a stop loss, it is the most basic way that can be done. Apart from that we also have to trade under certain circumstances, in my opinion it is not recommended to trade in a state of emotion or in a mental situation that is not very good, because it will affect our market decisions.

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