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Author Topic: TRADERS are not UNEMPLOYED  (Read 1056 times)
slaman29
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May 02, 2024, 11:48:29 AM
 #81

I am happy to finally see people posting good about this. You are also right. But did you know that 80% of traders are losing? I have read more than 10 researches that make me make that conclusion. The results in those researches are similar. That most traders are losing. The result of trading is much more like the results of the researches on gambling.

Same here. Salaried job is not the same as self employment, and trading... as I pointed out above posts, a lot of people trade without the same discipline or investment as a job, so I don't really consider them the same. I was trading years and never said it was my job so I think anyone who's offended by it needs to look in the mirror.

And good point you brought up about 80%. I talk about it ALL the time. It's not a fixed number but for sure 80% is not a far estimate and this is from NORMAL trading (forex, stocks etc).

I bet you crypto traders are even worse as most of them are gambling on shitcoins and scams you would see very less of in stocks/forex.

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May 02, 2024, 01:23:21 PM
 #82

Businessmen are not unemployed if they have the right skills they choose business as a profession to earn profit and meet daily life needs. But before that you should learn about the trade well and start working according to the plan. If you are good at trading you can start trading and apply strategies on real account. For this you only need to have interest in knowing and learning about this subject. It will help you to trade safely and get good results in reality.

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May 02, 2024, 06:03:56 PM
 #83

Many of the traders are not unemployed but self employed and one just need to know the difference.
Self development is very important for us to be a self reliable person in life not trying to accumulate different certificates so we can work with people that are going to pay us peanuts. I prefer self development a lot because this is the only way we can grow and make lots of money for ourselves without stressing ourselves during retirement age living a good lifestyle with beautiful vacations.
Traders are living their best lifestyle especially when they have become a successful trader.









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May 02, 2024, 07:47:51 PM
 #84

Quote
There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

Ignorance and understanding is what make some people to assume and because they don't find curiosity in things they don't understand, they sleep on what they know only which is a very bad behavior.

I think I will call trading as a side husle and not necessarily been called a job because a job is something you do and you get paid for that your time spent doing the job but in trading, I'm not sure everyday is profitable to make money, there are days you make money and there are some days you might not make nothing, it's not a steady place where you can make money but there are days you can make something good.

The amount you make also depend on the amount size, if you do futures then I will consider the leverage position you trade with and how volatile the coins you trade, some coins on a good day can give you 5% and some can give you 15% on average, so this factors determine what you make for that day provided that the market is healthy for trading.

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May 02, 2024, 09:03:23 PM
 #85


you will only be considered better when you bring much money to the family. whether you see yourself as self-employed because you trade or just unemployed it doesn't matter to the eyes of those who judge you. if you don't wear your pants, you're unemployed that's what they see. you can either ignore them and mind your own business.

or let them know you pay your rent yourself or contribute to the family and it comes from your pocket because you have a job online. you just have to show your achievements, those kinds of people are materialistic, they need to see your expensive car.  Grin
And the truth is nobody cares. Traders should work hard.

Traders should do whatever it takes to provide the basic necessities for their families. In the world we live in now, no one should get bothered about being called unemployed. Roll up your sleeves and work really hard because only people who matters are your family and parents.

I also like to think that any trader who doesn't want to be called unemployed should change their routine.

The trader can also set up a small websites to write about training and everything about.

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May 02, 2024, 11:18:22 PM
 #86

I think there's a misconception between the word employed and unemployed, traders are not employed, they're their own boss. And I think you'd agree with me that anything that generates an income or puts food on your table is a job. So in that regard, trading could be said to be a job but based on the risky nature of crypto trading, many persons do not see it that way. But the truth is some persons are making a livelihood out of it.

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May 03, 2024, 05:59:05 AM
 #87


you will only be considered better when you bring much money to the family. whether you see yourself as self-employed because you trade or just unemployed it doesn't matter to the eyes of those who judge you. if you don't wear your pants, you're unemployed that's what they see. you can either ignore them and mind your own business.

or let them know you pay your rent yourself or contribute to the family and it comes from your pocket because you have a job online. you just have to show your achievements, those kinds of people are materialistic, they need to see your expensive car.  Grin
And the truth is nobody cares. Traders should work hard.

Traders should do whatever it takes to provide the basic necessities for their families. In the world we live in now, no one should get bothered about being called unemployed. Roll up your sleeves and work really hard because only people who matters are your family and parents.

I also like to think that any trader who doesn't want to be called unemployed should change their routine.

The trader can also set up a small websites to write about training and everything about.
Before the pandemic, it was very common that someone that worked from their home was considered by their neighbors as unemployed, as they could not conceive the idea that someone could earn a living from their home, but the pandemic changed all of that and now people realize that there is a plethora of jobs which can be done online and you could still earn a good salary out of them, so I would suppose that most traders have gotten rid of those confusions long time ago.
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May 04, 2024, 04:48:50 AM
 #88

And I think you'd agree with me that anything that generates an income or puts food on your table is a job.
This alone is enough to understand whether traders are unemployed or not. The main motive behind everything that every human does in this world is to manage the family keep the family members well and fulfill the need for self-esteem. So how do we exclude crypto traders from this perspective? With the change of time and technological development the work style also changes so crypto traders cannot be called unemployed.

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May 04, 2024, 11:05:05 AM
 #89

A trader is not unemployed; they just work hard for it to be enjoyed and used as an income. I am a trader and wanted to be financially stable without any side income to support my finances.
They can say unemployed maybe because they see traders are only at the comfort of their own homes and always staring at the screens of their devices but they don't realize that many traders are earning more than what can they get for a day and yes, it won't be possible if without a hard work. Trader or not, all wants to be like that or to be financially stable because that can give us a somehow comfortable life and a peace of mind.

To have a side income can allow us to earn more money but this can only be optional for some like you, if you think it's a bit time-consuming already and you think you are earning enough in your trading activities.

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May 04, 2024, 11:55:52 AM
 #90

And I think you'd agree with me that anything that generates an income or puts food on your table is a job.
This alone is enough to understand whether traders are unemployed or not. The main motive behind everything that every human does in this world is to manage the family keep the family members well and fulfill the need for self-esteem. So how do we exclude crypto traders from this perspective? With the change of time and technological development the work style also changes so crypto traders cannot be called unemployed.
As the years go by, we have to be able to see that things that make money are a job, like streamers, many of them are successful in getting a lot of money just from playing games or other things and then sharing it with their viewers

as well as trading, there are many tools available today that can help ordinary people to trade, so we can categorize trading as a job

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May 04, 2024, 01:12:34 PM
 #91

I think there's a misconception between the word employed and unemployed, traders are not employed, they're their own boss. And I think you'd agree with me that anything that generates an income or puts food on your table is a job. So in that regard, trading could be said to be a job but based on the risky nature of crypto trading, many persons do not see it that way. But the truth is some persons are making a livelihood out of it.
I see that it is true that there are those who make trading their job, but that doesn't mean that all traders make it their main job, because maybe they make it as a side job and earn income from other professions.
It is still called a job, because he can make money either as a main income to meet his living needs or only as a side worker, and other forms of trading that can make money can also be called a job, such as long term holders, he earns it just takes more time It takes a long time to make a profit unlike a day trader whose duration of making a profit is shorter but both can be said to be traders and that's a job.

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May 04, 2024, 02:15:49 PM
 #92

Many of the traders are not unemployed but self employed and one just need to know the difference.
Self development is very important for us to be a self reliable person in life not trying to accumulate different certificates so we can work with people that are going to pay us peanuts. I prefer self development a lot because this is the only way we can grow and make lots of money for ourselves without stressing ourselves during retirement age living a good lifestyle with beautiful vacations.
Traders are living their best lifestyle especially when they have become a successful trader.
To become a trader, of course we need to continue to be able to update the knowledge and skills that we have so that we don't fall behind and fail in the trades that we make because without knowledge and skills, of course it will be very difficult for us to earn income, so I I think it is necessary for us to be able to continue to develop the skills that we like so that we can earn income from what we do.
I agree with you, in order to be able to earn income that can meet the needs we need, of course it is important for us to be able to have skills especially as traders and we also have to continue to develop the knowledge we have in order to be successful as traders.

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May 04, 2024, 02:20:13 PM
 #93

As the years go by, we have to be able to see that things that make money are a job, like streamers, many of them are successful in getting a lot of money just from playing games or other things and then sharing it with their viewers

as well as trading, there are many tools available today that can help ordinary people to trade, so we can categorize trading as a job

It depends on how you will use trading to consider it as job or. It’s considered as a job if you are doing this full time or if you are employed by a trading company that let you trade using other people funds.

Trading casually is not a job imho because there’s no commitment involved but just pure profit intention by buying and selling. You can only consider it as job if you are regularly doing it or it’s part of your daily routine. It’s not a job if you are just casually buying and selling without any consistency.

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May 04, 2024, 03:56:49 PM
 #94

As the years go by, we have to be able to see that things that make money are a job, like streamers, many of them are successful in getting a lot of money just from playing games or other things and then sharing it with their viewers

as well as trading, there are many tools available today that can help ordinary people to trade, so we can categorize trading as a job

It depends on how you will use trading to consider it as job or. It’s considered as a job if you are doing this full time or if you are employed by a trading company that let you trade using other people funds.

Trading casually is not a job imho because there’s no commitment involved but just pure profit intention by buying and selling. You can only consider it as job if you are regularly doing it or it’s part of your daily routine. It’s not a job if you are just casually buying and selling without any consistency.
Totally depends on the commitment i should say on which there would really be instances that people would really be that focusing on doing trading as if this is their main job specially if it turns out to be their main source of income. We do know that when it comes to this situation on where people will really be normally be finding up ways or methods on which they could make money. Its an investment but on the time that you are really that putting up focus and time and effort then it would really be that become your main job. We do know that there are really tons who do make out such switch up on which we know that it could give out that kind of opportunity or chance for you to make money if you done it well.

Although this thing isnt really that for all on which there would really be those people who would really be ended on failing on doing trading no matter what they do.
Somewhat there's nothing wrong when you do treat it up on this way because probabilities is really there.

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May 04, 2024, 04:49:10 PM
 #95

Trading is a kind of work that give us profit, i think the status of a trader is unemployed because there is no employer in trading it is a kind of work that you are the one who manage your time no one will bother you.i think there is no problem on it even if we are only traders and we are so called unemployed as long as we earn profit even if we don't have salary or regular work but still it is almost the same earnings.


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May 04, 2024, 06:45:20 PM
 #96

Those who think traders are unemployed are basically fools. Because traders are not unemployed. They are their own boss. And they own all their decisions.  They decide when to trade and when not to trade.  And traders decide their trading style by themselves. Those who are skilled traders earn a handsome amount by trading. Although this is not applicable to everyone. Because there are many traders who have been trading for a long time and have not achieved much success. There are also many traders who are trading  Has benefited a lot through.

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May 04, 2024, 10:08:25 PM
 #97

There is no job as time consuming like trading, I mean full time trading. It is unwise to say traders are unemployed people because they are always at home . They have invested so much time, money and energy in making sure they make good trades and take profits. Trading is not for the weak, those who cannot give in their all  like traders do will always look for ways to discredit trading. Trading is not for everyone, those who see profits in trading should carry on and those who are not lucky with trading can sort out themselves elsewhere.

There is nothing wrong with getting a side hustle aside trading. Even those employed in organisations still take up side hustles so as to meetup of with their day to day expenses,  this does not change the fact that they are employed. Traders go through alot and they deserve some flowers for taking up such a job.

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May 05, 2024, 02:18:22 PM
 #98

9-10 there will be a correction, then growth again!

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May 05, 2024, 07:11:29 PM
 #99

Trading is a kind of work that give us profit, i think the status of a trader is unemployed because there is no employer in trading it is a kind of work that you are the one who manage your time no one will bother you.i think there is no problem on it even if we are only traders and we are so called unemployed as long as we earn profit even if we don't have salary or regular work but still it is almost the same earnings.

All traders come with the same intentions and goals, namely to seek profit but I disagree if for example someone says that a trader is unemployed because clearly the name unemployed is those who do not have any activity to produce, even though there is no employer or boss or boss when you become a trader but still it cannot be said to be completely unemployed. However trading is a serious job but it may be engaged in the online field which is the reason why there are no employers or bosses because only we ourselves manage everything and it is because of this that many people make trading a side job or part-time job in addition to the main job they have and I will again say that in my opinion a trader is not right if he is called unemployed because his income is proven to be real and maybe I will say that those who claim or who say a trader is unemployed are those who may not know or do not understand that the times are getting more sophisticated which when you are smart then you will be able to take advantage of every opportunity that comes.

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May 06, 2024, 05:23:19 PM
 #100

And I think you'd agree with me that anything that generates an income or puts food on your table is a job.
This alone is enough to understand whether traders are unemployed or not. The main motive behind everything that every human does in this world is to manage the family keep the family members well and fulfill the need for self-esteem. So how do we exclude crypto traders from this perspective? With the change of time and technological development the work style also changes so crypto traders cannot be called unemployed.
As the years go by, we have to be able to see that things that make money are a job, like streamers, many of them are successful in getting a lot of money just from playing games or other things and then sharing it with their viewers

as well as trading, there are many tools available today that can help ordinary people to trade, so we can categorize trading as a job
Whether a man works for a job, business, or manual labor, he works to earn money and thereby fulfill basic needs and other luxuries. However, all the persons who work for conducting the trading business will be called employees or job holders because they work for a fixed salary under a contract with the entrepreneur of the said business.

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