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Author Topic: Day trading is perfect work for jobless peoples  (Read 1969 times)
Sarah Azhari
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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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