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Author Topic: Day trading is perfect work for jobless peoples  (Read 1982 times)
Dr.Osh
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February 26, 2024, 05:56:57 AM
 #301

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
Well, it's a good idea to look for income elsewhere that is more stable, while trading. When you have gained a lot of profit from trading, you can focus on developing the business you have to create a constant income every month, so you can focus on trading. That's better than planning to dive straight into trading without having another source of income. That's because trading is a difficult thing, and it could backfire on you, you don't make a profit there, and you get a loss. If that becomes your main and only job, then it will be difficult for you to make ends meet.
Maybe many professionals focus on trading, but I am quite confident that they have sources of income elsewhere. Well, if not, then they are really taking a big risk.

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February 27, 2024, 01:35:15 AM
 #302

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.
If you have good knowledge in trading, of course that person will be able to easily do it whenever they want to trade because they will be able to do it correctly and also be able to get profits from trading, but to be able to do it every day, of course we have to have sufficient capital. we can use it for trading and also make stable profits from trading results because if we experience failure in several trades then we will not be able to continue if we have little capital.

Of course we have to choose according to the type of trading that we have mastered well and never try a type of trading that we have not mastered well with large capital. Of course we have to start with small capital first if we are just trying a type of trading that we haven't yet. we can master it well and with the experience we have gained we will be able to master the types of trading that we have not yet mastered.

Tigerheart3026
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February 27, 2024, 05:13:05 AM
 #303

day trading or weekly or monthly trading nothing is perfect work as alternative of job, because trading isn't a guaranteed things which given you only profits,
even it's quite impossible to earn money in daily. In the job your income is fixed but trading? most risky work, so it can't be a profession.
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February 27, 2024, 08:11:11 AM
 #304

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.
If you have good knowledge in trading, of course that person will be able to easily do it whenever they want to trade because they will be able to do it correctly and also be able to get profits from trading, but to be able to do it every day, of course we have to have sufficient capital. we can use it for trading and also make stable profits from trading results because if we experience failure in several trades then we will not be able to continue if we have little capital.

Of course we have to choose according to the type of trading that we have mastered well and never try a type of trading that we have not mastered well with large capital. Of course we have to start with small capital first if we are just trying a type of trading that we haven't yet. we can master it well and with the experience we have gained we will be able to master the types of trading that we have not yet mastered.
Its never been simple and its never been easy and this is something that we should put up into our minds so that we wont really be finding ourselves to be that desperate on making something which we know that it isnt simple. Yes, you could really make trading as a form of living or something you could rely on, but acquiring such skill and knowledge isnt something that anyone could be able to take grasps on.
It would really be taking tons of time and effort for you to be able to do so. This is why it would really be that a wrong mindset that you would be pushing and would be leaving yourself that jobless
and wait up for your trading results on which we know that this is something that cant be so sure.

Its not perfect patch up for someones work but if could make yourself that sustainable then its really that an advantage compared to others. This isnt something a
skill that could be acquired by all.

R


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February 28, 2024, 11:15:42 AM
 #305

Trading is hard and it's risky too, so it's not advisable to have it as an only source of income, because it's not like your regular 8am to 5pm job, where you're sure that at the end of the week or month, that your income is guaranteed. It's dangerous to depend on only crypto trading to make money and take care of your responsibilities, because there's no guarantee that your trade will always be profitable, so if loses starts to occur, there's no how to pay your bills, besides it seems that most traders experiences more loses than profits. So it's better to have another steady source of income, and let the trading to be an alternative source of income, remember to trade with the amount that you can afford to loose.

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February 28, 2024, 12:14:06 PM
 #306

Trading is hard and it's risky too, so it's not advisable to have it as an only source of income, because it's not like your regular 8am to 5pm job, where you're sure that at the end of the week or month, that your income is guaranteed. It's dangerous to depend on only crypto trading to make money and take care of your responsibilities, because there's no guarantee that your trade will always be profitable, so if loses starts to occur, there's no how to pay your bills, besides it seems that most traders experiences more loses than profits. So it's better to have another steady source of income, and let the trading to be an alternative source of income, remember to trade with the amount that you can afford to loose.
If you have quit up your day job just because you have decided on making trading as your main source of income then you are doing suicide. Its not something a skill that you could really be able to acquire in a short period of time and also not all people or traders do really ends up on being that profitable with trading on which there's no way that you could be able to be profitable in a short time.
Its not a perfect work for jobless people. Okay lets say that you had been laid off and you dont have any jobs but you have decided that you would really be doing trading. Do you really think
that you could really be able to make yourself profitable on the day you have started trading?

You would really be able to make out those realizations on the time that you would really be that trying out to make money with the market.
You would be finding it hard and very challenging and not something you could easily grasps on.

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February 28, 2024, 09:20:26 PM
 #307

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.

No dear, Trading is not a good job because i also a risky part of earning if one has no job and only depends on trading as a job he/she may have to face so many problems. So the best thing is to always find a good job and take trades only if you have good knowledge about good trading for that you need to learn technical analysis and good fundamental analysis along with this you need to learn market sentiments which are not always the same and sometimes unexpected.

Let's say dear if one has lost all his/her money in trading how will he/she survive further? The stages of the traders are not always the same sometimes they make good profits and sometimes they have to bear big losses due to unexpected market behavior and many times their trades get traped so I always recommend that do not take trading like a job you should have a strong source of earning. Many Thanks!

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February 28, 2024, 11:57:55 PM
 #308

~snip~Let's say dear if one has lost all his/her money in trading how will he/she survive further? The stages of the traders are not always the same sometimes they make good profits and sometimes they have to bear big losses due to unexpected market behavior and many times their trades get traped so I always recommend that do not take trading like a job you should have a strong source of earning. Many Thanks!

Profits and losses must be considered too, both will definitely occur but minimizing losses really must be done. Don't suffer large losses due to unpredictable market conditions, you must have a backup plan so you don't lose too much. Trading is a job that really has to be taken seriously, it is a job that has to be treated quite differently, because it will be related to the profits you will have.

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March 01, 2024, 04:03:37 PM
 #309

Trading is hard and it's risky too, so it's not advisable to have it as an only source of income, because it's not like your regular 8am to 5pm job, where you're sure that at the end of the week or month, that your income is guaranteed. It's dangerous to depend on only crypto trading to make money and take care of your responsibilities, because there's no guarantee that your trade will always be profitable, so if loses starts to occur, there's no how to pay your bills, besides it seems that most traders experiences more loses than profits. So it's better to have another steady source of income, and let the trading to be an alternative source of income, remember to trade with the amount that you can afford to loose.
If you have quit up your day job just because you have decided on making trading as your main source of income then you are doing suicide. Its not something a skill that you could really be able to acquire in a short period of time and also not all people or traders do really ends up on being that profitable with trading on which there's no way that you could be able to be profitable in a short time.
Its not a perfect work for jobless people. Okay lets say that you had been laid off and you dont have any jobs but you have decided that you would really be doing trading. Do you really think
that you could really be able to make yourself profitable on the day you have started trading?

You would really be able to make out those realizations on the time that you would really be that trying out to make money with the market.
You would be finding it hard and very challenging and not something you could easily grasps on.

Not something that you can easily grasp, there are many obstacle along the way and for sure if you don't have that good source of funds it will be tough for you to survive, there are many poeple who did try the same path thinking that trading can give them an easy access to success, a short-cut way to earn money but the reality, it's not but instead it's  a place where you can easily lose your money if you don't have that right attitude and right understanding about the business.

There are people who speak up about their success but behind that success there are many failed trades that they went thru and they overcome with the help of enough funding to survive.

If you don't have that, better to think about it before bringing all in without any back up source of finances, trading can quickly sucks your investment out from your wallet.

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March 01, 2024, 04:42:27 PM
 #310

~snip~Let's say dear if one has lost all his/her money in trading how will he/she survive further? The stages of the traders are not always the same sometimes they make good profits and sometimes they have to bear big losses due to unexpected market behavior and many times their trades get traped so I always recommend that do not take trading like a job you should have a strong source of earning. Many Thanks!

Profits and losses must be considered too, both will definitely occur but minimizing losses really must be done. Don't suffer large losses due to unpredictable market conditions, you must have a backup plan so you don't lose too much. Trading is a job that really has to be taken seriously, it is a job that has to be treated quite differently, because it will be related to the profits you will have.
In trading profits and losses will go side by side and they cannot be separated from each other. We cannot continue to get profits and we cannot continue to feel losses if we really understand trading, even a professional trader still experiences losses, which is why we must know that both cannot be eliminated from trading.
One of the ways that we do not feel too big a loss is by setting a stop loss, it is the most basic way that can be done. Apart from that we also have to trade under certain circumstances, in my opinion it is not recommended to trade in a state of emotion or in a mental situation that is not very good, because it will affect our market decisions.

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