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Author Topic: Day trading is perfect work for jobless peoples  (Read 1968 times)
Altryist
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April 23, 2023, 09:38:15 AM
 #141

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.


When you know that your income depends only on you, and if you don’t earn money, you won’t be able to feed your family, then you don’t have to look for motivation. If you live on your own, you don't have a family and you have good financial savings, then there may be problems with motivation, although I have always strived to find a few more ways to make some money, if I like it then I will work in this direction. For me, even a few days to sit idle seems to be a difficult task.

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April 23, 2023, 10:12:38 AM
 #142

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.

When you know that your income depends only on you, and if you don’t earn money, you won’t be able to feed your family, then you don’t have to look for motivation. If you live on your own, you don't have a family and you have good financial savings, then there may be problems with motivation, although I have always strived to find a few more ways to make some money, if I like it then I will work in this direction. For me, even a few days to sit idle seems to be a difficult task.

Yeah, its really hard when we can't meet our family's needs since it's our responsibility we find any way to fulfill our responsibility. But if I don't have enough money to fulfill my family's needs I will prefer on getting a passive income rather than risking my money in trading, Trading in crypto is really volatile we can't predict where the market will move although many decent analysis saying the crypto will go at a certain point.


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April 23, 2023, 10:36:13 AM
Merited by stomachgrowls (1)
 #143

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.

When you know that your income depends only on you, and if you don’t earn money, you won’t be able to feed your family, then you don’t have to look for motivation. If you live on your own, you don't have a family and you have good financial savings, then there may be problems with motivation, although I have always strived to find a few more ways to make some money, if I like it then I will work in this direction. For me, even a few days to sit idle seems to be a difficult task.

Yeah, its really hard when we can't meet our family's needs since it's our responsibility we find any way to fulfill our responsibility. But if I don't have enough money to fulfill my family's needs I will prefer on getting a passive income rather than risking my money in trading, Trading in crypto is really volatile we can't predict where the market will move although many decent analysis saying the crypto will go at a certain point.
I do really know that kind of feeling which is something that i dont really like to feel on where you cant really give out on the things where your family does need something and as a father then it do really

saddens me and really put up into a certain condition on which desperation would really be next on which you would be thinking up ways and methods which i cant blame out people to be reconsidering about trading which we know that its something that risky to be deal off with but once you do have a good grasps into it then you would surely be having that kind of chance on making your life way more better.

Although its not really that you last resort because we know things which cant really be that for us or something that hard to be done in the first place which means
that it would be taking that much time.
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April 23, 2023, 12:31:51 PM
 #144

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 not a work, trading is trading. There is no real value created when someone trades, I can't call it a job and if you think that you can solve the problem of jobless people by pushing them to trade daily, you are doing the worst thing for them. Average jobless person is not a crypto whale, so he has to follow the waves but the problem is that you can't really predict when you'll be able to surf on wave and when this wave will destroy you. To be frank, trading highly depends on luck, not on skills, it's not a different from gambling.


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April 23, 2023, 12:43:10 PM
 #145

Day trading is a high-risk activity that requires experience, knowledge, and a lot of time commitment. It is not a recommended profession for jobless individuals or those without proper training and preparation.
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April 23, 2023, 01:58:43 PM
 #146

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.

When you know that your income depends only on you, and if you don’t earn money, you won’t be able to feed your family, then you don’t have to look for motivation. If you live on your own, you don't have a family and you have good financial savings, then there may be problems with motivation, although I have always strived to find a few more ways to make some money, if I like it then I will work in this direction. For me, even a few days to sit idle seems to be a difficult task.

Yeah, its really hard when we can't meet our family's needs since it's our responsibility we find any way to fulfill our responsibility. But if I don't have enough money to fulfill my family's needs I will prefer on getting a passive income rather than risking my money in trading, Trading in crypto is really volatile we can't predict where the market will move although many decent analysis saying the crypto will go at a certain point.
Depending on trade is not a wise decision, moreover we do not have the income to make ends meet. Just like you, I would prefer a definite job to earn money than trading. Trading is recommended for additional income only, not the main income. What's more, they are small traders, they also definitely have to learn first to get the trade they want. If they study without any income then that is not a good thing at all.

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April 23, 2023, 02:28:49 PM
 #147


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.
Day trading may be promising and profitable but not all day traders are meant to succeed. Some are just good at the beginning, but eventually lost their enthusiasm once they incur losses and end up quitting. The reason why it can’t be reliable and sustainable as a single source of income. So if you plan to be a day trader, never leave your job and think that trading will give you everything. Even successful traders do not rely on it solely, so how much more for beginner day traders.

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April 23, 2023, 03:13:13 PM
 #148


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.
Day trading may be promising and profitable but not all day traders are meant to succeed. Some are just good at the beginning, but eventually lost their enthusiasm once they incur losses and end up quitting. The reason why it can’t be reliable and sustainable as a single source of income. So if you plan to be a day trader, never leave your job and think that trading will give you everything. Even successful traders do not rely on it solely, so how much more for beginner day traders.

We shouldn't disregard the fact that day trading is too risky so we can't consider it as a main source of income though it is undeniably profitable but it requires knowledge and full understanding. We can have it as a side job but not the only job that we should have unless we are well experienced and we're able to deal with the risks of the market's volatility. Having is formal job while doing it is still the smartest way to earn.
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April 28, 2023, 09:28:31 PM
 #149

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain

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April 28, 2023, 09:39:11 PM
 #150

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
Agree. We don't think that trading is an easy way to earn money. Sometimes trading is very difficult to get profits, especially when the market trend tends to be free fall. I don't know whether it is most difficult or not, but it is true that trading is not easy to do. If jobless people expect to earn regular money from trading, I bet they will be disappointed. Moreover, if they just learn about trading and it is their first journey in trading. I guess they are more likely to lose money than earn money. Well, some losses may lead them to quit soon.  Grin



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April 28, 2023, 09:47:12 PM
 #151


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.
Day trading may be promising and profitable but not all day traders are meant to succeed. Some are just good at the beginning, but eventually lost their enthusiasm once they incur losses and end up quitting. The reason why it can’t be reliable and sustainable as a single source of income. So if you plan to be a day trader, never leave your job and think that trading will give you everything. Even successful traders do not rely on it solely, so how much more for beginner day traders.

We shouldn't disregard the fact that day trading is too risky so we can't consider it as a main source of income though it is undeniably profitable but it requires knowledge and full understanding. We can have it as a side job but not the only job that we should have unless we are well experienced and we're able to deal with the risks of the market's volatility. Having is formal job while doing it is still the smartest way to earn.
For those people who do believe that it might really simple as it sounds, then let them be able to experience that bitter scenario when facing or engaging with day trade.This isnt something that anyone could pull on,
considering that trading isnt really that just simple as it looks and sounds on where anyone could just simply decide and tell that they would be making trading as their main source of income or being that their main job.
It cant really be just that too easy and you would be finding it for yourself on how it would really be looks like. Having no job and making trading as your option or your last resort might make situations even gotten more worst because this isnt a thing that you would be dealing up with short time and you could be able to get a good hold or learning from it. Of course it would be taking a long time before you could really be able to learn up well. You cant really just simply say that day trading is perfect for jobless people, yes if you could be able to sustain but starting up would be the toughest challenge.

R


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April 29, 2023, 02:43:52 AM
 #152

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

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Fredomago
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April 29, 2023, 06:13:21 PM
 #153

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

They need to have a backup fund while investing, there's no guarantee that they will always have a winning trade, I see your point and I agree that the chance to improve your financial status can be done by using this venue of investment, but also not to forget about the risk that you need to take care as there's always a missed interpretation in this business.

Trading both short or long term is profitable to those who know how to manage their finances and how to anticipate the movement of the market.

Without the knowledge, even you have a whole time to trade, you will still suffer losing your initial investment.

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April 29, 2023, 07:03:23 PM
 #154

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.
It's not only just that. Coming from my freelancing experience, another cons of having that kind of "freedom" is that you will have a non-stable income and that might not be great for those who have a family to feed. Sure flexibility happens to be there, but people should still consider that they would need money at any time.

If your trading experience gives you almost equal to your "9-5" job and you're already exhausted, you might consider just going back to your 9-5 work for stability and peace of mind. Back when I was freelancing and day trading, there were weeks of drought and you're just going to be stagnant for a while and that kinda sucks especially if you have bills to pay

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April 29, 2023, 08:10:48 PM
 #155

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.
Yes trading is certainly full of risks which we cannot completely avoid,
knowledge and skills are needed in trading and if you don't have them then you need to learn,
relying entirely on trading is not a good choice because it is a risk.

DoublerHunter
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April 29, 2023, 09:28:04 PM
 #156

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

They need to have a backup fund while investing, there's no guarantee that they will always have a winning trade, I see your point and I agree that the chance to improve your financial status can be done by using this venue of investment, but also not to forget about the risk that you need to take care as there's always a missed interpretation in this business.

Trading both short or long term is profitable to those who know how to manage their finances and how to anticipate the movement of the market.

Without the knowledge, even you have a whole time to trade, you will still suffer losing your initial investment.
^Stable source of income is very important to us and even for me, I will not risk my lifestyle by relying on an unstable source of income.
But if I were you, it may be wise for the unemployed to explore other sources of income while they work on building their trading skills and experience. This could include taking on part-time work or freelancing, or even investing in themselves by pursuing education or training in a field that interests them. Because on my own, is good to have a backup plan and to be prepared for any potential challenges or setbacks along the way. So find a stable job that gives a stable source of income and trading could be your alternative source of income.
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April 29, 2023, 09:33:53 PM
 #157

Yes trading is certainly full of risks which we cannot completely avoid,
knowledge and skills are needed in trading and if you don't have them then you need to learn,
relying entirely on trading is not a good choice because it is a risk.
what to expect from a full trade? generate profits for daily needs? So if when you don't make a profit, what will the trader do to make ends meet?
Merchants are better off considering it as additional income. that's better. why should make it the main income? especially if it is a novice trader who has coincidentally gotten lucky with a few profitable trades. more of them are novice traders who do that. without knowing more the risks they face.

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April 29, 2023, 09:59:01 PM
 #158

I will not say this perfect because not everyone is able to handle day trading. except that the person is really serious with the daily trading activities. for, it is complex and need high discipline and commitment. The discipline and commitment in every thing related to day trading, including the ability gained from learning.
however, it is surely if someone is really serious and learning about the best strategy to do day trades, this is exactly appropriate enough for jobless. Because they may have more times and enoguh energy to do day trading. Day trading may also need certain time to execute, and jobless may focus on it and have spare ttime to execute in the right time. But once more, it doesn't mean that it is easy even for jobless.

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May 02, 2023, 09:24:46 AM
 #159

If you think that it is impossible to work for day work, then you may find yourself into quite a state of mind like a boss, a lot of people are already involved in day trading but this does not mean that it will be more effective than day trading. The good thing awork for an easy pay period and enjoy your day. You just have to find the right time to do the work. The good thing about day trading is that you can be profitable but you should be able to be profitable in this way.
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May 02, 2023, 10:15:16 AM
 #160

I will not say this perfect because not everyone is able to handle day trading. except that the person is really serious with the daily trading activities. for, it is complex and need high discipline and commitment. The discipline and commitment in every thing related to day trading, including the ability gained from learning.
however, it is surely if someone is really serious and learning about the best strategy to do day trades, this is exactly appropriate enough for jobless. Because they may have more times and enoguh energy to do day trading. Day trading may also need certain time to execute, and jobless may focus on it and have spare ttime to execute in the right time. But once more, it doesn't mean that it is easy even for jobless.
Day trading is brutal honestly.

Not everyone can attain the hurtful market all at once everyday. Ask real day traders if that's how they trade unlike the perspective and opinion from someone who think that it's profitable.

It's most of the time that it's not profitable and they're just learning also from their experiences that this market can be or not for them. And they realize that when they are either bankrupted or won with their trades.
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