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Author Topic: Day trading is perfect work for jobless peoples  (Read 1975 times)
crwth
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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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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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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.

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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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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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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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Hypnosis00
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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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Alphakilo
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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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