Trading is not a lifetime job.

[Fakhrulenclix]

I'm sure not all traders will agree with me but some could possibly be on my side...

Here are the reasons why;
 1. It is quite stressful - old traders will soon give up due to mental health problems
 2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
      Most of the time we feel this during bear season.
 3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.

I agree with you almost in all the three points you mentioned. The first and second one can be debated and have a talk on but the third one is very much increased nowadays. Due to scams people are very disappointed from trading and they quit.

We have to launch campaigns and awareness courses so that people could be well aware of the tactics and techniques which scammers use to scam people. Once that will be over then people will feel more confident in investing and making their careers in crypto.

However returning to our goal in trading, namely to achieve or gain profits, if it is possible to continue to gain profits with the skills we have in trading, I think we will continue to do so.
although there is a lot of debate and I think that is quite a natural thing because everyone has a different perspective.
And personally, I also anticipate many things in trading as mentioned, so if the goal is no longer possible to achieve for various reasons, then I will also decide to stop and look for profits in a different place.

[1714680563]

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[knowngunman]

I'm sure not all traders will agree with me but some could possibly be on my side...

Here are the reasons why;
 1. It is quite stressful - old traders will soon give up due to mental health problems
 2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
      Most of the time we feel this during bear season.
 3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.

People actually trade as a full time job and few of them are successful but the reality is that, it's not an easy path. Just as you mentioned, there is risk, stress and lot of challenges in trading profession. Some of these reasons you mentioned can be manageable during trading although they can not be sustainable for a long term but this no.2 caught my attention. I mean why would anyone continue to do something that stress them and doesn't even provide them with a good income? Who does that? Financial reward is the main reason why people trade and if the earnings are not coming, the motivation, passion and interest will definitely disappear.

We have to face the reality, trading may work out well for some people and they may probably make it their lifetime profession but it's not sustainable for everyone please.

[Jody.Drummer]

I agree with you almost in all the three points you mentioned. The first and second one can be debated and have a talk on but the third one is very much increased nowadays. Due to scams people are very disappointed from trading and they quit.

We have to launch campaigns and awareness courses so that people could be well aware of the tactics and techniques which scammers use to scam people. Once that will be over then people will feel more confident in investing and making their careers in crypto.

However returning to our goal in trading, namely to achieve or gain profits, if it is possible to continue to gain profits with the skills we have in trading, I think we will continue to do so.
although there is a lot of debate and I think that is quite a natural thing because everyone has a different perspective.
And personally, I also anticipate many things in trading as mentioned, so if the goal is no longer possible to achieve for various reasons, then I will also decide to stop and look for profits in a different place.

True, maybe it depends more on the choice of each person, because there is nothing wrong with continuing to trade in the market if for example they feel that they have the skills and knowledge that are qualified enough to trade with the aim of making a profit then yes there is nothing wrong as long as in addition to their knowledge and skills in trading they also have to really make sure that they have good and good risk management to maintain their safety in the long run.

Yes of course everyone has a different point of view and this is the purpose of the topic which is to see various opinions from different points of view and we can see and judge about which one is more realistic or reasonable, and for myself honestly I don't have any plans about whether I will still be involved in the world of trading until old or not, because usually I am not a trader who is too active in the market or in the sense that I open trades when I have free time and it also depends on the moment if for example there is absolutely no moment that suits my strategy then I will not execute it.

[macson]

Trading is very risky because professional traders may make profit from trading with their own strategy but they also cannot always guarantee their profit. because no one can guarantee when the market will move in any direction, trading is very risky for everyone, no matter how professional. so it is better to use trading for part time and should not decide to lead life depending on trading. a separate source of passive income is essential to meet the regular expenses of life. so trading should not be thought of as a profession or a source of lifetime income in any way

When I first started trading, I suffered huge losses due to many wrong decisions. 

it's very normal if you lose at the beginning when trying to trade, 99% of traders at the beginning definitely experience the same thing ^{(me too)}

But since I gradually gained good experience in trading, I did not face any big loss. But we always start trading with good experience in the market.

good for you, you want to learn from your past mistakes, you don't stop trading because you know that it's all just a process, failure at the beginning is normal, giving up only makes everything in vain.

But we can get good money from trading and if there is no wrong decision we risk big loss.

people do trading of course to make money and profits, and out there there are many traders who make big money from trading, therefore it's not wrong for everyone to try to become a trader because the results they get are very good and quite profitable if they make a mistake can be minimized as small as possible.

[jaberwock]

Its never been easy and it would never be and just said if it was that easy then all of us would really be doing trading. Somewhat its really that true that trading could really make out such probability that it could really be a lifetime job on the time that you would really be getting this lifetime skill which is something that cant really be easily obtain by a certain person in a short span of time. This is why it would really be that best that you should not make yourself that too optimistic because it would really be just make you desperate. Its not really that bad to have those kind of targets or goals but be sure to make it slow and constant or something that do talks about being that sensible on the things that you've been doing. Also, put up into your mind that this isnt something that you could be able to have a good grasps on your first try. This would really be that something that
will really taking up some time and would really be putting up tons of efforts.

This is true, getting to a level where you could say that you are making money based on what you are trading and with that money trying to live with it, is hard. First of all, you need to spend a certain amount of money every month to be able to survive, and that means you need to make at least that much every month, but you also need to make more than that most months so that on the months that the market is bad, you may fail to make that much money and in return you should be able to spend the money you made on the previous good months.

These are all hard stuff and very difficult, of course not everyone will see the same situation and I believe that we are going to end up with a lot of trouble if we are not careful.

[Dewi Aries]

I'm sure not all traders will agree with me but some could possibly be on my side...

Here are the reasons why;
 1. It is quite stressful - old traders will soon give up due to mental health problems
 2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
      Most of the time we feel this during bear season.
 3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.

People actually trade as a full time job and few of them are successful but the reality is that, it's not an easy path. Just as you mentioned, there is risk, stress and lot of challenges in trading profession. Some of these reasons you mentioned can be manageable during trading although they can not be sustainable for a long term but this no.2 caught my attention. I mean why would anyone continue to do something that stress them and doesn't even provide them with a good income? Who does that? Financial reward is the main reason why people trade and if the earnings are not coming, the motivation, passion and interest will definitely disappear.

We have to face the reality, trading may work out well for some people and they may probably make it their lifetime profession but it's not sustainable for everyone please.

If you make trading a full-time job or even make trading the only main income then I will honestly say that it is too dangerous an idea, because of course you have also said the right thing above that trading has the possibility of risks that we never expected which is very likely to make us experience losses along with experiencing some significant pressure that can sometimes make a trader stressed and not infrequently these situations make traders vent their emotions on trading by trading impulsively and not based on skills and knowledge but by emotions.

In trading there is absolutely no certainty for you to always be able to succeed in making a profit, because obviously the risk will continue to lurk you in every session where in addition trading is very draining our minds and mentally when we analyze a market and also when we are forced to be able to withstand emotions when experiencing losses, Therefore this is the reason why trading is more recommended not to be made as your main job, the fear is that when you are unable to hold your emotions that make you likely to experience a significant loss while on the other hand you do not have other income then obviously it will make it difficult for you to meet the costs of living. The bottom line is that it does not matter if you are involved in trading for a long time until old age for example as long as you are really able to maintain management, control along with other risk management, but as I said above that never make trading the only main income.

[Bushdark]

There are people that has earn huge from trading and we should not say it is not a lifetime job.
When you have something giving you money everytime, would you stop doing that same thing because someone said it's not a lifetime job. Trading is quite better than the regular jobs we hunt for because once we are getting funds from it, we should be satisfied and keep doing it to earn more from the market. Trading is good if we now how to go about it and make money foe ourselves.

[GiftedMAN]

1)No, trading can be used as a full-time job if one is well knowledgeable about trading, I have come across full-time traders in my country and I can say that they spent time to develop themselves and they are making it every day and recently they have got enough money to start up other business that is giving them more money to keep doing their work on daily basis.
2) Who says trading is not enjoyable anymore have you been in touch with all the traders to find out that they are not enjoying what they love doing everyday that gives them money, hey you got to be kidding me right now because I have got a lot of people who only leave their house to get things but the whole of their properties, business, up keep and daily expenses, trading profit is used to take care of them.
3. People should be mindful of exchanges because they are not worthy to be trusted, several cases of lost of funds has been seen and discussed on the forum so using exchanges to receive funds is not bad but after the transaction it is expected you move your funds out of exchanges if you need to keep the money for a long time.

[Zadicar]

There are people that has earn huge from trading and we should not say it is not a lifetime job.
When you have something giving you money everytime, would you stop doing that same thing because someone said it's not a lifetime job. Trading is quite better than the regular jobs we hunt for because once we are getting funds from it, we should be satisfied and keep doing it to earn more from the market. Trading is good if we now how to go about it and make money foe ourselves.

On the time that people would really be seeing other peoples or traders earning then there would really be that kind of boost up on which this is something that you would really be having in mind that
you could really be able to do the same even if you are just that a noob or doesnt have the idea on what it is. It might really that looks that too easy but on the time that you would really be stepping your foot
into the market then this is the time that you would really be considering yourself on having that kind of challenge on which you would really say that its really that too damn hard.
Trading isnt a job but its something that could add up an income which it would really becoming a sideline if you dont it well.

Not all would really be able to reach out such situation or condition because trading is never been simple nor really that easy to achieve. On the time that you had made up yourself
to go with trading then this wouldnt really be an easy stuff and it would really be taking up some time.

[Etranger]

Lifetime job, in my opinion, presupposes a person’s self-identification with a specific type of activity. Defining onerself through one`s profession. I believe that modern realities go beyond this definition, because people have to expand their skills and master something new in order to remain in demand and competitive. A person can consider himself a trader. But this does not mean that he will not have to master other types of activities throughout his life.

[qwertyup23]

There was an article that I read before that 97% of day traders lose their money on their first experience and the other 3% earns as much as a bank teller.

Though that may be the case, there are special exceptions to this rule. Remember that trading is all about experience. There are multiple factors in order to know the signs in which may give you an idea whether to invest in a certain cryptocurrency or not.

Going back to the discussion, trading is somehow a difficult job to be consistent with. There are others who found success in trading but there are lots of people who have experienced otherwise. At the end of the day, it really depends on how you view trading as a whole since saying that such is "not a lifetime job" invalidates the efforts of others who have made this their careers in their lives.

Lifetime job, in my opinion, presupposes a person’s self-identification with a specific type of activity. Defining onerself through one`s profession. I believe that modern realities go beyond this definition, because people have to expand their skills and master something new in order to remain in demand and competitive. A person can consider himself a trader. But this does not mean that he will not have to master other types of activities throughout his life.

I only understood the last sentence you said- anyway, I do agree that a person may venture into other types of jobs whatever they want to. Generally, people trade cryptocurrencies and they view it as a sideline to their main job. While I do agree to a certain extent to what OP said, still, there is a handful of people who found success in trading and saying what OP said invalidates this fact.

[AnonBitCoiner]

There are people that has earn huge from trading and we should not say it is not a lifetime job.
When you have something giving you money everytime, would you stop doing that same thing because someone said it's not a lifetime job. Trading is quite better than the regular jobs we hunt for because once we are getting funds from it, we should be satisfied and keep doing it to earn more from the market. Trading is good if we now how to go about it and make money foe ourselves.

We cannot say trading as a life time job because all the time the situations are not according to us and sometimes the market becomes so bad that we cannot earn a penny from it. A lifetime job is true in a case if we continue trading for our whole life without considering win or lose but if we think about trading then I think it consists of more loss than a winning situation.

Trading is better than a job because it gives you huge money in a day but also remember that if the market remains unstable then you can also lose a huge sum very quickly whereas in regular jobs you are just earning according to your hard work instead of losing a large part.

[stomachgrowls]

There are people that has earn huge from trading and we should not say it is not a lifetime job.
When you have something giving you money everytime, would you stop doing that same thing because someone said it's not a lifetime job. Trading is quite better than the regular jobs we hunt for because once we are getting funds from it, we should be satisfied and keep doing it to earn more from the market. Trading is good if we now how to go about it and make money foe ourselves.

We cannot say trading as a life time job because all the time the situations are not according to us and sometimes the market becomes so bad that we cannot earn a penny from it. A lifetime job is true in a case if we continue trading for our whole life without considering win or lose but if we think about trading then I think it consists of more loss than a winning situation.

Trading is better than a job because it gives you huge money in a day but also remember that if the market remains unstable then you can also lose a huge sum very quickly whereas in regular jobs you are just earning according to your hard work instead of losing a large part.

Market is unpredictable and there's no way for us to be able to have that kind of fixed results or outcomes into our trades on which it would really be neither giving out that positive or negative results.

Trading could really be that something that you could really be able to tell that will give out that kind of opportunity that you could make it a job or something that could give out that income
but of course its something that you can be able to rely because not all the time that the market would really be that in together or with in line with your speculations on which means
that result or outcome will really be that vary from time to time.

If you do get to have that single job the living into this world wouldnt really be something that easy due to economical aspect and this is why it would really be resulting
into that kind struggle.

[CageMabok]

There are people that has earn huge from trading and we should not say it is not a lifetime job.
When you have something giving you money everytime, would you stop doing that same thing because someone said it's not a lifetime job. Trading is quite better than the regular jobs we hunt for because once we are getting funds from it, we should be satisfied and keep doing it to earn more from the market. Trading is good if we now how to go about it and make money foe ourselves.

I don't think anyone will want to stop trading if someone has made profits through trading very often every month. Because whatever work we do now is to earn money, so no one will want to stop trading if they can still make money from the market which can be done very simply even though previously they also had time to learn to understand the market and also understand how to trade. So that's the simple answer to this because it would be really silly to throw away a job that makes money.

[Russlenat]

There are people that has earn huge from trading and we should not say it is not a lifetime job.
When you have something giving you money everytime, would you stop doing that same thing because someone said it's not a lifetime job. Trading is quite better than the regular jobs we hunt for because once we are getting funds from it, we should be satisfied and keep doing it to earn more from the market. Trading is good if we now how to go about it and make money foe ourselves.

To be honest, trading can be a lifetime job if you are exceptionally skillful on it and is gaining sustainable profits every time you decide to trade. However, not all trades turn into profits regardless of our expertise in trading, as there are times that inevitable losses happen in the market. So for me, trading greatly depends based on your own personal experiences, and since we have varied experiences in trading, that also means we have different points of view about it when it comes to having it as a lifetime job.

[Litzki1990]

We are involved in trading and we have enough knowledge about trading but still I would say we must have a full time job along with trading. Having a full-time job means being sure,even if the results are against the results of trading, it is possible to meet your needs through your permanent job. In the case of trading, many times our results are just opposite, no matter how much research we do in trading, we can never get the results in our favor, if we do not have an alternative source of income at that time, but we can fall into financial disaster. Since my family is dependent on me, we must think and plan in advance so that my family does not fall into a financial disaster.

[pusaka]

There are people that has earn huge from trading and we should not say it is not a lifetime job.
When you have something giving you money everytime, would you stop doing that same thing because someone said it's not a lifetime job. Trading is quite better than the regular jobs we hunt for because once we are getting funds from it, we should be satisfied and keep doing it to earn more from the market. Trading is good if we now how to go about it and make money foe ourselves.

To be honest, trading can be a lifetime job if you are exceptionally skillful on it and is gaining sustainable profits every time you decide to trade. However, not all trades turn into profits regardless of our expertise in trading, as there are times that inevitable losses happen in the market. So for me, trading greatly depends based on your own personal experiences, and since we have varied experiences in trading, that also means we have different points of view about it when it comes to having it as a lifetime job.

You are right, no matter how skilled a person is in trading, it does not guarantee that they will make a profit every time, because sometimes there are times when they also predict a very volatile market incorrectly. I won't even believe it when someone says they have never experienced a loss when trading, because losses are inherent. The only difference is that they can minimize losses and recover quickly when they experience losses because of their trading skills.
If we talk about whether trading is a job for life or not, I also agree with you, even that depends on our respective points of view. If someone thinks that it can be a lifelong job then they can do it, and if someone says it can't be a lifelong job, that's not wrong either.

[LogitechMouse]

1. It is quite stressful - old traders will soon give up due to mental health problems
 2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
      Most of the time we feel this during bear season.
 3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.

1. Trading is really a stressful thing, but for professional traders out there, I think that they can overcome stress. I mean if they want to treat trading as their fulltime job, they will really encounter stress and it's inevitable. At the end of the day, every job is "STRESSFUL" in different ways. It's only up to the person on how they will overcome it.
2. If you're not earning then yes it will not be enjoyable, but for those who are earning lots of dollars on a daily basis, I don't think that they will feel that way. Maybe they will feel boredom because they are doing it on a daily basis continuously. With regards to the traders not earning, of course they will not treat it as a job if they aren't earning.
3. Trust issues? Trust with the exchange because of the fact that every exchange can have the same faith as FTX that's what you're saying? It might be, but take note that there are still many people out there who still wants to store huge money on exchanges for various reasons.

Re: Trading is not a lifetime job.

If you're earning more than losing more then it can be. A quick Google search of the definition of a job will give you this: "a task or piece of work, especially one that is paid:".
Piece of work = trading itself. One that is paid = they are being paid through the profits that they're getting.

[Fredomago]

We are involved in trading and we have enough knowledge about trading but still I would say we must have a full time job along with trading. Having a full-time job means being sure,even if the results are against the results of trading, it is possible to meet your needs through your permanent job. In the case of trading, many times our results are just opposite, no matter how much research we do in trading, we can never get the results in our favor, if we do not have an alternative source of income at that time, but we can fall into financial disaster. Since my family is dependent on me, we must think and plan in advance so that my family does not fall into a financial disaster.

Though it's true that having a good source or stable source of income will help but there are other experienced traders who manage to work it  out and enjoy the luxury of being a successful traders, but not all can say that they really have that same fate. It's best to have the right balance and not to lean that much but instead find the right attitude and see if things will going to work for you.

If possible then go for it and take every advantages then if things is no longer working accordingly then better to quit along or find alternative venue to continue your investment.

[Etranger]

Lifetime job, in my opinion, presupposes a person’s self-identification with a specific type of activity. Defining onerself through one`s profession. I believe that modern realities go beyond this definition, because people have to expand their skills and master something new in order to remain in demand and competitive. A person can consider himself a trader. But this does not mean that he will not have to master other types of activities throughout his life.

I only understood the last sentence you said- anyway, I do agree that a person may venture into other types of jobs whatever they want to. Generally, people trade cryptocurrencies and they view it as a sideline to their main job. While I do agree to a certain extent to what OP said, still, there is a handful of people who found success in trading and saying what OP said invalidates this fact.

Ok, I will put it differently. In the past, it was possible to clearly associate yourself with a profession. When a person was asked who he was, he answered “I am a doctor” or “I am a baker” or “I am a teacher.” That is, there was a complete identification of one’s personality, individuality with the activity, with the function that the person performed. Now we are seeing a picture where people so often have to change not just their place of work, but also their qualifications, that the above-mentioned definition of themselves is impossible. Therefore, it is simply not relevant anymore to talk about some kind of a lifetime job.