Day trading is perfect work for jobless peoples

[Assface16678]

Yeah, trading can be profitable, and if done correctly, then you can expect a great reward or profit, but the catch is that "if you do it correctly,"  trading is not easy and will never be easy. It has been said numerous times, and I have also said it in many topics, but solely relying on trading without any stable job can be a bad move or could result in the worst scenario.

You see, you can lose your funds or investments in trading, so imagine you don't have a stable job or are jobless, but in trading, do you have the guarantee that you will always earn from your trades? Even experts with long years of experience sometimes lose trades because there will always be a margin of error in every trade. So I recommend or not recommend, and I will mandate that you get a job first before you engage in trading; if not, then it's up to you what you will do in difficult situations.

[Fara Chan]

Solely relying on trading,will require more dedication and consistency in the process of trading.
But I suggest if one has not attained a certain level which might be having constant profits,daily increase in your portfolio,reduced loss,you wouldn't be successful in trying to make trading your only source of income.
Stick to your Job till you can have a proven edge, rather be taking certain percentage of your salary and fund your account,this also reduce your high expectations and relieve pressure and quest for bigger profits.
In essence,Day trading can be done by anyone as far as  the person has a proven edge.

For those who already have a proven advantage in day trading, they will certainly make it their daily job in addition to their main job in their own environment. This means that anyone can do this as long as they have sufficient knowledge and established capital for it so that when they have to bear a loss on a certain day, they don't experience excessive stress and know how to get it back the next day. So apart from referring to the essence of what you said, everyone also needs to refer to their own patience if they don't want to bear the losses that are visible on a certain day.

[Julien_Olynpic]

In fact, trading at the very beginning and even with quite successful traders who have not yet become rich enough is impossible without hired work. Hired labor reduces the risk that you will lose your source of funds and will have nothing to pay utility bills or buy food and clothing. Yes, the unemployed have a lot of time, but trading is an activity that depends little on the amount of time invested in it. You can spend several years trading and not receive any income. Or you may even make a loss. Conversely, in a couple of weeks you can provide for yourself until retirement. So I wouldn't put much emphasis on the time you spend trading. On the contrary, I would recommend trading less often and conducting more analytical work on the market.

[Barikui1]

I really don't think it's a nice idea to have nothing doing, and just focusing on trading, it's a wrong move we should all avoid, because since you have no other sources of income except trading you wouldn't be patience enough to wait for the right set up, and secondly, you are always going to be under pressure since you must return with an income at the end of the day which might leads to significant losses.

Trading is mostly beneficial when you have something doing, which will take your mind off trading sometimes, because it is very important that you have a life going on for you aside trading, and finally try not to depends on trading for survival, so that you can succeed by not being under any kind of pressure.

[Luizwalter Crypt]

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 daily to earn a living is not really wise thought. Rather it should be like a side hustle that only adds to your normal physical job.

As a beginner you will likely blow your accounts severally and if you don't have wat to fall back to it will really tell on you. So first of all own a live business/job grow it and keep learning how to trade till you get to the level you want.

[BitcoinTurk]

Yeah, trading can be profitable, and if done correctly, then you can expect a great reward or profit, but the catch is that "if you do it correctly,"  trading is not easy and will never be easy. It has been said numerous times, and I have also said it in many topics, but solely relying on trading without any stable job can be a bad move or could result in the worst scenario.

You see, you can lose your funds or investments in trading, so imagine you don't have a stable job or are jobless, but in trading, do you have the guarantee that you will always earn from your trades? Even experts with long years of experience sometimes lose trades because there will always be a margin of error in every trade. So I recommend or not recommend, and I will mandate that you get a job first before you engage in trading; if not, then it's up to you what you will do in difficult situations.

Definitely, trading will be a profitable and easy job if done correctly because trading has never been an easy thing. Although trading seems to be the simplest form of buying a financial product at a low price and making a profit by selling it at a high price after its appreciation, the real aspect of the trading is much different. Constantly following price movements and news, analyzing possible price movements with the changes of indicators, making up-to-date technical analysis on the current chart and ensuring correct capital management are actually the biggest and most important bumps on this seemingly simple road.

It is a very difficult process especially for an unemployed person who doesn't earn a regular income to earn money by trading and continue his/her life in good conditions because it isn't possible to earn money always and instantly in trading. In addition, the constant outflow of money from the capital of a trader who doesn't have a regular income for living expenses will prevent that person from earning high profits due to the constant decrease in his/her balance. In short, since an unemployed person who doesn't have a regular income constantly loses in trading and consumes money from his/her capital to meet his/her living expenses will generally cause the entire balance to be depleted, it causes us to remember the fact that individuals who don't have a regular income are less likely to be successful in business.

[goldkingcoiner]

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.

Lol. So you think day trading is easy or does not take a lot of your time?

The truth is, with day trading you will either lose your money and your time or you will barely make any profit and lose a lot of time. This rings true for 95% of all day traders. In the long run, it would be smarter to just hodl your Bitcoin and DCA with the income from a job.

Day trading as a sole income source is possible, but it will take so much time that you might as well get a normal job and you would earn more per hour, relatively.

 

[terrific]

Trading daily to earn a living is not really wise thought.

If someone can make a daily living with trading, that's a good thing. If it's just a thought and you don't know how to do it, it's not really wise.

Rather it should be like a side hustle that only adds to your normal physical job.

I agree.
If you're not yet that good, you can do it as a side hustle and that's why you still need to have a normal job to support that practice of yours as you trade.

[Fatunad]

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.

Lol. So you think day trading is easy or does not take a lot of your time?

The truth is, with day trading you will either lose your money and your time or you will barely make any profit and lose a lot of time. This rings true for 95% of all day traders. In the long run, it would be smarter to just hodl your Bitcoin and DCA with the income from a job.

Day trading as a sole income source is possible, but it will take so much time that you might as well get a normal job and you would earn more per hour, relatively.

 

You would really be able to tell that those people are really that having no knowledge about trading and really just that saying things as if that it was possible or really that looks easy but for those people who do have that experienced then for sure they are already that wary or aware about the reality of trading on which its never been simple and its not something that you could really be able to make it as a day job.
On the time that they would really be able to test up for themselves then they would really be definitely be able to say that it was never been simple and never been easy.

This is why it would really be that wise that you should really be that making yourself wary before you do dive in with trading.You should really be trying out for yourself before you would really be
deciding that you would really be that doing trading or would really be that trying out to check out first whether it would suit you up or you could be
able to bare up with the risks or not.

[Bloodseekers]

Solely relying on trading,will require more dedication and consistency in the process of trading.
But I suggest if one has not attained a certain level which might be having constant profits,daily increase in your portfolio,reduced loss,you wouldn't be successful in trying to make trading your only source of income.
Stick to your Job till you can have a proven edge, rather be taking certain percentage of your salary and fund your account,this also reduce your high expectations and relieve pressure and quest for bigger profits.
In essence,Day trading can be done by anyone as far as  the person has a proven edge.

For those who already have a proven advantage in day trading, they will certainly make it their daily job in addition to their main job in their own environment. This means that anyone can do this as long as they have sufficient knowledge and established capital for it so that when they have to bear a loss on a certain day, they don't experience excessive stress and know how to get it back the next day. So apart from referring to the essence of what you said, everyone also needs to refer to their own patience if they don't want to bear the losses that are visible on a certain day.

If we only focus on trading then we will have difficulty if we experience failure in trading and I really agree with you if we do and still have other jobs that we can do besides trading because if we only make trading our main job then this will make us not be ready to face losses in trading and we must be able to bounce back from failures in trading to be able to make a profit, when trading it is of course very important not to be greedy and not have patience in trading so that we will only experience losses from the trade.

[retreat]

-snip-

You see, you can lose your funds or investments in trading, so imagine you don't have a stable job or are jobless, but in trading, do you have the guarantee that you will always earn from your trades? Even experts with long years of experience sometimes lose trades because there will always be a margin of error in every trade. So I recommend or not recommend, and I will mandate that you get a job first before you engage in trading; if not, then it's up to you what you will do in difficult situations.

Simply put a person needs a stable income before he trades. Because there is a lot of uncertainty from trading and it could put him in a bad position if he fails. So as much as possible, someone who wants to trade must have a side income, whether from his job or from the business he owns - don't put your full hopes on trading because it is quite risky.

[WatChe]

Lol. So you think day trading is easy or does not take a lot of your time?

The truth is, with day trading you will either lose your money and your time or you will barely make any profit and lose a lot of time. This rings true for 95% of all day traders. In the long run, it would be smarter to just hodl your Bitcoin and DCA with the income from a job.

Day trading as a sole income source is possible, but it will take so much time that you might as well get a normal job and you would earn more per hour, relatively.

You are very much right in saying that 95% of day traders end up losing their money. Even experienced traders find it hard to handle day trading. It's better to do some other work for full day instead of wasting complete day by sitting in front of computer. Day trading is not an easy thing to do, you have to sit in front of computer for whole day since crypto market never sleeps. 
If you want to do day trading then invest only small capital into it (as much you can afford to lose) and make sure majority of your capital is locked for long term.

[kojektea]

Indeed, daily trading is everyone's dream, especially me, but the main point is whether our daily trading will always be profitable? So what if we run out of capital?
This is the hardest problem, if you feel confident about yourself that your skills in trading will be profitable, yes you are free to do it, but if you feel that trading is always profitable, it's best to work for real.

[sulendra12]

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 do you even get money to start anyway if you don't have job to back up your investment. Unless you have a good alternative way of income source then I would not ever recommend to touch trading, just imagine if you lose and you don't have a backup money for your daily needs, that must've been really rough for you. Trading especially day trading is not everyone's game, you need time to do it.

You don't need to trade if you want to become a "boss", there are lot of ways to become one such as making your own business.

[Fredomago]

-snip-

You see, you can lose your funds or investments in trading, so imagine you don't have a stable job or are jobless, but in trading, do you have the guarantee that you will always earn from your trades? Even experts with long years of experience sometimes lose trades because there will always be a margin of error in every trade. So I recommend or not recommend, and I will mandate that you get a job first before you engage in trading; if not, then it's up to you what you will do in difficult situations.

Simply put a person needs a stable income before he trades. Because there is a lot of uncertainty from trading and it could put him in a bad position if he fails. So as much as possible, someone who wants to trade must have a side income, whether from his job or from the business he owns - don't put your full hopes on trading because it is quite risky.

A very good point,  as aside from a huge amount of time that can be use to learn more about trading,  most the factors that affects the account still need to be considered,  especially the source of your finances,  as we all know how risky it is when we discuss about trading,  even you put all your time there's no guarantee  that you'll be able avoid losing your position,  there are always situations that you will failed with your decision making, and if you don't have a good source for your finances there's no way for you  to sustain  your trades.

A good and stable source of funding first then you can focus with your trading and continue to grow your knowledge,  it's important to have that capability to make sure that you'll be able to sustain and work with every position you have during your trades sessions.

[nurilham]

How do you even get money to start anyway if you don't have job to back up your investment. Unless you have a good alternative way of income source then I would not ever recommend to touch trading, just imagine if you lose and you don't have a backup money for your daily needs, that must've been really rough for you. Trading especially day trading is not everyone's game, you need time to do it.

If we only have the money for basic necessities, we shouldn't use the money for trading.
I agree that trading can result 2 things, earning money or losing money. There is no guarantee to earn money/profits in trading. The result will depend on our ability in trading and sometimes a little of luck. So, if we have no sufficient knowledge and experience, it is hard to expect regular money from trading. We can't rely on trading to fulfill all our daily needs.

You don't need to trade if you want to become a "boss", there are lot of ways to become one such as making your own business.

How can someone expect to be a boss in trading?
In trading, we must always keep learning and analyze the market condition.
We can't expect to be lazy and easy earning money from trading.

[the rise]

If you think trading is easy and everything is about profit, you are not worthy, as for people who are successful in trading, they take great pains to gain technical knowledge and analysis, everything does not happen instantly, of course they have also suffered losses, if If you want to be like them, you also need large capital and are ready to lose

[AnonBitCoiner]

If you think trading is easy and everything is about profit, you are not worthy, as for people who are successful in trading, they take great pains to gain technical knowledge and analysis, everything does not happen instantly, of course they have also suffered losses, if If you want to be like them, you also need large capital and are ready to lose

At start person should utilise less money because without experience win is not guaranteed so if unfortunately you loss in trading your loss will be less and you can learn well by using less amount.

With the passage of time there will be minimum mistakes of traders but it does not means that he will always win after getting experience. In this stage of learning a trader will loss huge amount so he should be ready for it and gather large amount for trading because less amount is not enough at starting.

[bettercrypto]

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 perfect if you are an expert in trading or have extensive knowledge in this matter. Because even if you get a small profit there, if it's every day, that's not bad. Because of my knowledge, you can get more profit than what an employee earns.

That's why there are different types of traders, and some of them are short-term traders, long-term traders, and scalpers, so only you can tell which of these types of traders you are.

[Monarch B]

In my opinion it would be foolish to treat it as a profession. Because it has lots of ricks which can make you lose all your money.

A professional trader can do this because they have an additional source of income. They have a lot of money so losing something is not a problem.

But if you are learning now then be patient and expert there.