Inwestour
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May 02, 2023, 12:32:11 PM |
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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.
I am of the opinion that trading at the initial stage should always be perceived as an opportunity to make additional profit. Whether you have a job or not, it won't hurt you to try your best in trading. In addition, if you do not have a job and your financial situation is not the best, then I would not build illusions for myself that trading can become the main source of income in this case, since a series of unsuccessful transactions can leave you without money and this will be a very difficult situation. It is better to have a job and at the same time try how good you are at trading.
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xSkylarx
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May 02, 2023, 12:52:07 PM |
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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.
I am of the opinion that trading at the initial stage should always be perceived as an opportunity to make additional profit. Whether you have a job or not, it won't hurt you to try your best in trading. In addition, if you do not have a job and your financial situation is not the best, then I would not build illusions for myself that trading can become the main source of income in this case, since a series of unsuccessful transactions can leave you without money and this will be a very difficult situation. It is better to have a job and at the same time try how good you are at trading. Also, most of the traders that I've known who are full-time traders come from full-time work and just got fed up with having 8- 5 work and are not doing it full-time, but there are others that still stay at work while trading. Though coming from someone who is unemployed and goes to trading, it wouldn't be successful for sure unless you came from a rich family and have a lot of money to spend on trading, but for sure he is not reachable and just wants to find a source of income.
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Ryu_Ar1
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May 02, 2023, 02:59:22 PM |
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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.
As you said, this kind of condition needs a struggle beforehand because of course there is more learning and conditions where we really have to be serious in doing it to be able to make this as an income even if we don't have a job. But on the other hand no matter how strong and how good of course it is also still very risky and even not always in day trading it can be profitable I think. Maybe I'm wrong in this but I'm still pretty sure, no matter how great the loss will at least be obtained at least once.
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Gallar
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May 02, 2023, 04:00:12 PM |
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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 also believe, that every person on this earth, would want to get freedom, especially financial matters. But that doesn't mean that financial freedom means being unemployed, in fact, people who are already financially free, as far as I know, are more hardworking people. Because usually people who are financially free always have a forward mindset, such as opening a business and investing. Talking about doing daily trading, it will definitely require a more thorough and more optimal analysis, so it definitely takes more time to do the analysis. But in my opinion, people who do daily trading (like in crypto), can be categorized as people who have a job, because doing market analysis is not an easy thing, it takes quite a long time so that the results are maximized and doing analysis is a job too. So in essence, when it comes to financial freedom, it doesn't mean being lazy and doing whatever you want. But financial freedom is a time when you feel that you have more than enough of your possessions, have enough income to live on, and are no longer worried about using your possessions. And if you want to reach this stage is not easy, it takes extra hard work to live it.
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GigaBit
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May 02, 2023, 04:49:19 PM |
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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 can be an option for earning money but it is not applicable for everyone. Here those who will manage the trading with patience and control the greed and gain good knowledge about all the trading related matters will be considered suitable for trading. But it is not an easy task to profit by trading. This is an even bigger challenge for those who do day trading. It can be a good earning platform for those who are not yet engaged in any duty if they are able to master it they will be flourished. But keep in mined that day trading is very risky. There is fear of losing money if there is a slight mistake. If someone followed proper way then it can be a job for jobless people where there is no specific income but there is a chance to earn good money if someone trade with knowledge and experience.
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rozak
Sr. Member
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May 02, 2023, 05:20:46 PM |
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But keep in mined that day trading is very risky. There is fear of losing money if there is a slight mistake. If someone followed proper way then it can be a job for jobless people where there is no specific income but there is a chance to earn good money if someone trade with knowledge and experience.
even though you have experience in trading, still day trading cannot continue to bring profits easily. Mastery of emotions is very important for day traders. it makes them calmly see the market opportunities they can get. and immediately leave the market when it is felt that conditions are not according to plan. maybe some trade daily to make ends meet. but I'm sure the trading is done definitely with a large enough capital.
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devil2man
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May 03, 2023, 10:22:04 AM |
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While day trading it can be a way to generate supplemental income or even a full-time career opportunity, it is not an easy business and can be very difficult Day trading has become more popular worldwide since the onset of the coronavirus pandemic, but the average day trader loses money While some people may be interested in day trading as a part-time opportunity, it is important to note that it requires wealth, time, temperament, and skill to make money and sustain losses
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Aanuoluwatofunmi
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May 03, 2023, 02:30:32 PM |
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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.
Engaging in trading has to do with experience and being an expertise in trading, so this does not only get limited to a particular kind of trade we do, bit we have to achieve a practical experience in trading to help us have the very potential needed to make something out of if, it's not something that we make a daily income from even though we choose to engage with day trading, there's no guarantee we must make income everyday except that luck comes in for us.
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milewilda
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May 03, 2023, 07:41:53 PM |
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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 also believe, that every person on this earth, would want to get freedom, especially financial matters. But that doesn't mean that financial freedom means being unemployed, in fact, people who are already financially free, as far as I know, are more hardworking people. Because usually people who are financially free always have a forward mindset, such as opening a business and investing. Talking about doing daily trading, it will definitely require a more thorough and more optimal analysis, so it definitely takes more time to do the analysis. But in my opinion, people who do daily trading (like in crypto), can be categorized as people who have a job, because doing market analysis is not an easy thing, it takes quite a long time so that the results are maximized and doing analysis is a job too. So in essence, when it comes to financial freedom, it doesn't mean being lazy and doing whatever you want. But financial freedom is a time when you feel that you have more than enough of your possessions, have enough income to live on, and are no longer worried about using your possessions. And if you want to reach this stage is not easy, it takes extra hard work to live it. Having that kind of mindset on which you should be unemployed first before you would be having that chance on getting some trading and would make yourself that rich or financially stabled or freedom? This is something that is really just that too wrong to mind off. We know that trading is never been that easy or simple on which its not even an option for a jobless people to trade on and make this as a replacement for their jobs. Its not a perfect thing but it wont really be that a bad choice too considering that this place or thing would really be that optional on which it would really be that just right that outcome could neither be sitting into positive or negative.It would all vary on how well you do make out trades and also instead of making money then you could lose either and this is part of the risks on which you should really be wary of. Most mistakes and errors do occur when people do really have those kind of insights which arent even realistic at all. The solution on this one is on having to look for some job as best as you could and on the time that you would be having your job then make trading as a side income if you are really that planning to widen up your earning chances on which you could really make yourself that financially sustainable.
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Fredomago
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May 04, 2023, 04:47:36 AM |
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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.
Engaging in trading has to do with experience and being an expertise in trading, so this does not only get limited to a particular kind of trade we do, bit we have to achieve a practical experience in trading to help us have the very potential needed to make something out of if, it's not something that we make a daily income from even though we choose to engage with day trading, there's no guarantee we must make income everyday except that luck comes in for us. You need to experience everything then enhance your skills to compete more accurately, the advantage that I can see is you have a decent amount of time to work on with your skills, the progress compared to people who are just using trading as side hustle is better, if you use your time accordingly then you will be able to manage things in the right manner. I believe there's side of this statement where it fits for jobless people if they will focus in things that will bring them the success, but even you have lots of time but you don't use it as your advantage to enhance your knowledge, then that statement still invalid.
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Inwestour
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May 04, 2023, 08:51:58 AM |
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Also, most of the traders that I've known who are full-time traders come from full-time work and just got fed up with having 8- 5 work and are not doing it full-time, but there are others that still stay at work while trading. Though coming from someone who is unemployed and goes to trading, it wouldn't be successful for sure unless you came from a rich family and have a lot of money to spend on trading, but for sure he is not reachable and just wants to find a source of income.
There are always exceptions, but how many successful traders are there who can afford not to go to work and consistently make money on trading? I also believe that in this case you need to have a good reserve of funds, that in case of failure, this did not put the trader in a difficult situation and he had something to work with further. As for trading, I am of the opinion that for the most part it should be just an additional income and only if it can generate income for a long period of time, I'm talking about several years, then perhaps this can become the main type of income.
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xSkylarx
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May 04, 2023, 10:24:44 AM |
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Also, most of the traders that I've known who are full-time traders come from full-time work and just got fed up with having 8- 5 work and are not doing it full-time, but there are others that still stay at work while trading. Though coming from someone who is unemployed and goes to trading, it wouldn't be successful for sure unless you came from a rich family and have a lot of money to spend on trading, but for sure he is not reachable and just wants to find a source of income.
There are always exceptions, but how many successful traders are there who can afford not to go to work and consistently make money on trading? I also believe that in this case you need to have a good reserve of funds, that in case of failure, this did not put the trader in a difficult situation and he had something to work with further. As for trading, I am of the opinion that for the most part it should be just an additional income and only if it can generate income for a long period of time, I'm talking about several years, then perhaps this can become the main type of income. That is why I've stated that there are full-time traders who come from full-time work, as they are already consistently making money, but imagine those unemployed people who aren't rich. How do they get funds to start trading when they still need to learn? So still, it is difficult, unless you are rich. Getting full-time in trading is not for everyone. Maybe for you, it is successful, but there are people who, in the long run, are losing.
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Aanuoluwatofunmi
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May 04, 2023, 03:52:59 PM |
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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.
There's no perfect trade than in is making every trade we do appear the perfect one from how we take it, many kinds of trades are available and bitcoin traders think twice before they go with a particular one because they would have understood the risk involved and know the way out in making a balance of it all, we cannot assume day trading as the perfect option for any jobless person because it may appears not the easiest trade for some people while some can find it interesting.
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abel1337
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May 04, 2023, 04:02:25 PM |
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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.
As long as they are willing to learn how to trade and they have the passion to pursue it despite the fact of they can encounter heavy losses along the process. Jobless means they have a lot of time and this time can really put into something like learning. I personally know a friend that is a full time trader, he originally has no work but he discovered trading and has the eagerness to learn about it. Today, I believe that he is a profitable trader and he got most of his losses from his past trades when he was just getting the grasp of trading. I'm sure there are other who has the same situation.
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MIner1448
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May 04, 2023, 04:45:49 PM |
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Day trading can be an attractive opportunity for some people, especially those who are looking for flexible work and want to have more control over their schedule. However, it should be borne in mind that trading in financial markets is a complex and risky activity that requires a certain level of knowledge, skills and experience. If you are interested in day trading, it is important to go to qualified professionals to get the education and training you need. You will need to learn different trading methods, understand the basics of market analysis, be aware of risks, and be able to make informed decisions based on data and market information.
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macson
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May 04, 2023, 06:50:06 PM |
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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.
come on, how can an unemployed person match day trading? how do you make money if only the income he gets when trading doesn't match expectations! an unemployed person is better off looking for a more stable job or business then if he wants to change his career to become a trader, he doesn't have to worry anymore about the capital he will use. Currently, there are many jobs available and also business opportunities that a jobless person can try, but for daily trading, it is very risky.
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abel1337
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May 05, 2023, 04:25:24 PM |
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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.
come on, how can an unemployed person match day trading? how do you make money if only the income he gets when trading doesn't match expectations! an unemployed person is better off looking for a more stable job or business then if he wants to change his career to become a trader, he doesn't have to worry anymore about the capital he will use. Currently, there are many jobs available and also business opportunities that a jobless person can try, but for daily trading, it is very risky. Being unemployed doesn't mean having no income at all. There are many side hustle today that can really bring good income, Students are taking advantage of it and what more on an unemployed person. Though being stable or having a business is better than just relying on these side hustles. As you know I have an unemployed friend who is now I can say a good trader and gets a good amount of money by just trading. It's also an opportunity for unemployed person to still be productive even if he doesn't have a stable job. Imagine person with disabilities, They are most likely the one who are unemployed but being a trader is one option for them to generate a possible income even they are not physically working.
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Fredomago
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May 05, 2023, 05:16:25 PM |
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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.
come on, how can an unemployed person match day trading? how do you make money if only the income he gets when trading doesn't match expectations! an unemployed person is better off looking for a more stable job or business then if he wants to change his career to become a trader, he doesn't have to worry anymore about the capital he will use. Currently, there are many jobs available and also business opportunities that a jobless person can try, but for daily trading, it is very risky. Being unemployed doesn't mean having no income at all. There are many side hustle today that can really bring good income, Students are taking advantage of it and what more on an unemployed person. Though being stable or having a business is better than just relying on these side hustles. As you know I have an unemployed friend who is now I can say a good trader and gets a good amount of money by just trading. It's also an opportunity for unemployed person to still be productive even if he doesn't have a stable job. Imagine person with disabilities, They are most likely the one who are unemployed but being a trader is one option for them to generate a possible income even they are not physically working. A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment. We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
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JeffBrad12
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May 06, 2023, 12:11:47 AM |
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A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment.
We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
Such person i'm sure are rare, what i know from my experience from everyone that have tried trading in their career is that most of them don't even qualify to be called making consistent income, sometime they lose sometime the win and losing is occuring more frequently. I don't know if someone have differing experience, but from what I can tell, majority of traders are just giving away their money to the big traders, meaning they are losing. even strategy of following technical analysis are called by some useless because even the whales use such strategy to determine on what the general public gonna do and then make decision against it so they got the upper hand in that case it just means that the bigger fish always swallow the smaller ones.
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merekamo
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May 06, 2023, 01:46:07 AM |
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Trading can be a great option for jobless people, I mean, it does offer a lot of freedom and flexibility. But, I think it's also important to consider that it's not for everyone, you know? Like, it requires a specific skill set and mindset to succeed in day trading.
If someone is willing to put in the time and effort to learn about the market, and they're comfortable with taking on some level of risk, then sure, day trading could be a good fit. Plus, like you said, there's that freedom from having a boss and being able to work from anywhere, which is definitely a bonus.
But, you know, it's also important to remember that it can be a pretty stressful job, and it might not be the best choice for someone who's looking for a more stable and predictable income. So, essential to weigh the pros and cons before diving in.
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