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Author Topic: Day trading is perfect work for jobless peoples  (Read 2035 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.
Oshosondy
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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. 
gocryptoz
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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.
Nwada001
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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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bittraffic
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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.
Yamifoud
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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.
crzy
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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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pixie85
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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.

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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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