Day trading is perfect work for jobless peoples

[Jawhead999]

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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[xSkylarx]

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.

[KingsDen]

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.

[LogitechMouse]

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?

[Issa56]

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.

[Smartprofit]

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).

[Fondarchand]

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.

[Digital_Lord]

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.

[MuffinMaster]

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.

[SOKO-DEKE]

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.

[Kelvinid]

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.

[Lanatsa]

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.

[Dr.Bitcoin_Strange]

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.

[Unbunplease]

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.

[Hamza2424]

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?

[EdenHazard]

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 .

[benalexis12]

    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.

[Sweetbtc]

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.

[Sweetbtc]

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.

[lienfaye]

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.