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Author Topic: Day trading is perfect work for jobless peoples  (Read 1982 times)
kotajikikox
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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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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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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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LLBIT
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FUTURES
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LEVERAGE
COMPETITIVE
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