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Author Topic: TRADERS are not UNEMPLOYED  (Read 1742 times)
uswa56
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June 13, 2024, 05:13:29 PM
 #181

Trading needs a tough time therefore if you are assuming that you will earn through trading without giving your time to it then you will never be successful via trading. Trading can be considered as a part time job to minimise the money that you are already earning from another job but if you assume trading as a full time job then you will not be able to earn from any job.

If you have knowledge and want to increase your income then giving some time to trading is not a bad idea but I think trading is not a suitable option for those who have no idea about trading.
Taking the time to learn about trading will of course give us good results in the trades that we will carry out and the many processes that we have to go through in trading will certainly take a long time to be able to master trading well in order to get good results. making a profit from the trading you do, it is true that being able to make a profit from trading is certainly not an easy thing and it would be better to make trading a source of additional income apart from the fixed income we get from real work.
Those who do not have knowledge about trading will certainly be very detrimental to themselves if they force themselves to try to trade, of course there will be a lot of losses from the trades they make.

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June 13, 2024, 08:05:18 PM
 #182

I agree that many people mistakenly consider trading as a hobby or casual activity. However, trading can be classified as self-employment because it is a serious job. The Big Indonesian Dictionary says that people who work for themselves are called entrepreneurs.
A trader is his own boss. Since the market is unpredictable and constantly changing, it is recommended that traders have a stable secondary income to support their finances. By having a stable secondary income, you can maintain financial stability and reduce the risks that may arise from trading.
Don't be influenced by other people's opinions. If you feel comfortable trading and making consistent profits, keep working towards becoming a professional trader. Learn and improve your skills. Grin
Actually, this depends on the skills and fashion in your life. If you really like trading then make trading a part-time job by learning extensive skills and knowledge so that you can gain profits from trading. It is true that in trading we can make a profit and there are times when we lose, but if we keep at it and continue to hone our skills in trading then you can make a profit that is bigger than the loss.

In today's digital era, work doesn't have to be in an office or working in government. Many young people today can earn money via the internet, such as trading, creating content and so on. In fact, if you compare the salaries of real jobs with internet jobs, the earnings on the internet are more.

The point is, you have to be focused and consistent and you can do it. Yes, that's right, don't listen to what other people say, listen to your own heart and the abilities you have.

R


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Emitdama
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June 15, 2024, 05:25:31 PM
 #183

Traders can be employed but for it experience for years is necessary so if you are newbies and do not have enough knowledge then you cannot be at work as an employee because there will be more probability to lose money while an employee does not lose money when he does not work daily.

To continue trading or not is totally dependent on a person while as an employee you will be totally dependent on your boss for work. I think if you are not an expert in trading and fail to learn well then trading becomes more risky for you so at that time don't continue trading and work for another job.
One of the most or be the main consideration at the moment that you would really be stopping or resigning from your work is to make yourself that sustainable on your trading career.
If you do find yourself not be able to acquire or achieve such condition then ebtter think not to have those kind of hopes because its never been that so simply on acquiring up such skills that make you sustainable.
This is why as much as possible on where you wont really be quitting up your job at the same time you do make out those side trades on which this is something that will really be that give out at least having that
chance that you could really be able to improve  yourself way more better at the time comes that you do find yourself that sustainable then this is where you would considering on stopping.

Trading is never been that a solution on the moment that you dont have a job or making it as a ousrce of income. It is something that will really be that in line
with someones sustainability at the moment that you do find yourself into this kind of situation.
I think trading is neither suitable for employed people nor unemployed people but trading is suitable for people who have a large amount which they want to double or make more money with. Neither experienced nor professional people, if they come into trading, can waste all their money which they have earned as salary at the end of the month by investing it at once on any coin that they like. It is never a good idea to do anything without thinking and without learning about it because it can lead to nothing but loss and if it is trading, it is even more dangerous when you don't have enough knowledge.

Having only your monthly income can be even more difficult when you also have to run a household. So it is better if you want to do trading and first learn about trading well especially if you are a job professional then you have a lot of time as you are doing a job along with trading. Keep learning to trade, observe the coins and the market well, and keep depositing little by little, when you accumulate an extra amount you can invest it on top of what you have invested earlier.
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June 16, 2024, 10:40:40 AM
 #184

It depends, and this is how I’ll define it. Traders are not unemployed if and only if they are making good profits from it. But if they aren’t, then they are unemployed haha! It’s not so deep but it’s quite a reasonable way to think of it. Trading is a skill, if you’re sure you can replicate you wins over and over again, then that’s a job in my opinion. As long as it gives you money.
same thing with freelancing, and entrepreneurship, the amount of scrutinize that people have towards the people venturing in this job is honestly ridiculous, if a trader is in loss then they're the loser of society, many people said, even though thats not true at all.
i've seen plenty of story and narrative over other social media where there are many people that undermine trader and call it not real job, well to be fair they can have their own opinion in that regard, but if thats the way society judges the only way for trader to prove themselves are to earn money and become rich.
I guess thats where the saying that you just mentioned coming from.

but if i'm being honest, its also probably due to the fact that there are so many trader that doesn't make money and just failing over the course of the year that contributes to this stereotypes though mabye some people find their relative or someone they know doing trading and doesn't make really much money and making premature conclusion about how trading is a fad without observing more in depth of what trading really is.

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June 16, 2024, 03:06:00 PM
 #185

I think trading is neither suitable for employed people nor unemployed people but trading is suitable for people who have a large amount which they want to double or make more money with.
Trading does require capital to do so. but anyone who has capital can trade. meaning they don't have to have a job or be unemployed. We will never know someone's financial situation. they could just trade with their savings. it's possible but too risky when they don't have a steady income. Of course trading can affect a person's financial condition.
It is important for anyone who wants to learn to trade to know more about trading before trying to trade. Don't be too hasty to trade, let alone make trading a job. the results may not be as good as thought.

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June 16, 2024, 09:16:24 PM
 #186

I think it depends on everyone's point of view, but yes, I will stick to my belief that everything that can make money is a job, and I know one of the reasons why there are some people who think that traders are unemployed is because they have a standard of knowledge that work is an activity that requires someone to leave the house like going to the office for example.

This means that they are unable to compensate themselves with the times that now anything can be done just by staying at home using internet access, especially work, meaning that it does not mean that a trader who always stays at home is unemployed, because of course the proof is that they make money and they are able to support their lives with the trading activities they do and even their income can exceed the minimum wage of workers in their area.

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June 16, 2024, 10:01:35 PM
 #187

I think trading is neither suitable for employed people nor unemployed people but trading is suitable for people who have a large amount which they want to double or make more money with.
Trading does require capital to do so. but anyone who has capital can trade. meaning they don't have to have a job or be unemployed. We will never know someone's financial situation. they could just trade with their savings. it's possible but too risky when they don't have a steady income. Of course trading can affect a person's financial condition.
It is important for anyone who wants to learn to trade to know more about trading before trying to trade. Don't be too hasty to trade, let alone make trading a job. the results may not be as good as thought.

Trading is not something that a person is supposed to fully depend on because you are not guaranteed to get profit all the time, especially the unemployed ones. But as you said, it is very risky to start trading with your savings. Yes, I actually believe that. But you can split your savings in half and still use the other half to trade, and if you succeed, you will use the profit as capital and return the other half. If you lose, you will just have to be patient. 
 
Because sometimes risk-taking makes you rich, that is why some people are not afraid to take risks, no matter the consequences. They will still take them because they believe and have the potential to succeed in the risk, even though sometimes they do fail.

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June 17, 2024, 06:52:50 AM
 #188

I agree that many people mistakenly consider trading as a hobby or casual activity. However, trading can be classified as self-employment because it is a serious job. The Big Indonesian Dictionary says that people who work for themselves are called entrepreneurs.
A trader is his own boss. Since the market is unpredictable and constantly changing, it is recommended that traders have a stable secondary income to support their finances. By having a stable secondary income, you can maintain financial stability and reduce the risks that may arise from trading.
Don't be influenced by other people's opinions. If you feel comfortable trading and making consistent profits, keep working towards becoming a professional trader. Learn and improve your skills. Grin
Actually, this depends on the skills and fashion in your life. If you really like trading then make trading a part-time job by learning extensive skills and knowledge so that you can gain profits from trading. It is true that in trading we can make a profit and there are times when we lose, but if we keep at it and continue to hone our skills in trading then you can make a profit that is bigger than the loss.

In today's digital era, work doesn't have to be in an office or working in government. Many young people today can earn money via the internet, such as trading, creating content and so on. In fact, if you compare the salaries of real jobs with internet jobs, the earnings on the internet are more.

The point is, you have to be focused and consistent and you can do it. Yes, that's right, don't listen to what other people say, listen to your own heart and the abilities you have.

      -    I like your answer, mate. I agree that if you really want to do trading as a source of income, you can do it in real life. That's why, always, if you don't know anything, study, so we know how to have chances to get profit in trading, that's all.

Because we must also be aware that it is not really easy to learn or do the actual trade to get a profit, there are many things that must be considered so that we can maintain the profit that we hope for in trading. That's why there are many people who tried that did not take long and succeeded.

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June 18, 2024, 10:38:14 PM
 #189

It depends, and this is how I’ll define it. Traders are not unemployed if and only if they are making good profits from it. But if they aren’t, then they are unemployed haha! It’s not so deep but it’s quite a reasonable way to think of it. Trading is a skill, if you’re sure you can replicate you wins over and over again, then that’s a job in my opinion. As long as it gives you money.
same thing with freelancing, and entrepreneurship, the amount of scrutinize that people have towards the people venturing in this job is honestly ridiculous, if a trader is in loss then they're the loser of society, many people said, even though thats not true at all.
i've seen plenty of story and narrative over other social media where there are many people that undermine trader and call it not real job, well to be fair they can have their own opinion in that regard, but if thats the way society judges the only way for trader to prove themselves are to earn money and become rich.
I guess thats where the saying that you just mentioned coming from.

but if i'm being honest, its also probably due to the fact that there are so many trader that doesn't make money and just failing over the course of the year that contributes to this stereotypes though mabye some people find their relative or someone they know doing trading and doesn't make really much money and making premature conclusion about how trading is a fad without observing more in depth of what trading really is.

Honestly, while I agree that trading can be a job, I’d say that the reason for this conversation is that people believe it’s not a strong enough job. And in a way, I understand and agree with that. While trading can be a job, it shouldn’t be the only job. The reason is that trading can sometimes be terrible. There would be days when you lose it all, or almost all. Those are the days where your other job will cover for you. It’s not compulsory, but it’s safe so you don’t have to start begging for help if you start losing money and all.



 

 

 

 

 

 


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June 19, 2024, 06:22:07 PM
 #190

I don't think trading is a job. Because for me real job is where you can make money daily from your hard work and effort. But trading is different, there's no guarantee that you can always make money, and you must always used capital for every trade and aside from that there's a risk of losing it. So for me, it's better to say trading is a business because it always has a risk same with trading. Despite of that, if the trader is not profitable and keep losing funds because they trade out of nowhere from the chart then it's called gambling, not a business.
Indeed, there is no guarantee that trading can produce the profits we want, the risk of losses is that you will definitely lose there. I think the term trading is the same in my opinion, whether it's work or business, it's just a term, but both terms are the same as doing a target analysis to be able to make a profit. I think if we want to make money we don't always have to look in real life, but with advances in technology like today, making money can be done anywhere, whether in the virtual world (internet).

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June 19, 2024, 11:35:02 PM
 #191

I don't think trading is a job. Because for me real job is where you can make money daily from your hard work and effort. But trading is different, there's no guarantee that you can always make money, and you must always used capital for every trade and aside from that there's a risk of losing it. So for me, it's better to say trading is a business because it always has a risk same with trading. Despite of that, if the trader is not profitable and keep losing funds because they trade out of nowhere from the chart then it's called gambling, not a business.
Indeed, there is no guarantee that trading can produce the profits we want, the risk of losses is that you will definitely lose there. I think the term trading is the same in my opinion, whether it's work or business, it's just a term, but both terms are the same as doing a target analysis to be able to make a profit. I think if we want to make money we don't always have to look in real life, but with advances in technology like today, making money can be done anywhere, whether in the virtual world (internet).

Of course, any activity that involves potential profits will always have the possibility of loss, in normal work you have to sacrifice time and sweat, maybe even your own health to get money, and in trading you have to sacrifice money as something that will be used as capital as well. which has the possibility of losing, meaning of course trading is a risky activity where as you said there is no guarantee of always being able to make a profit, but by having a lot of knowledge as a result of the learning you do, it is clear that you can increase your chances of profit slowly. And yes, of course what you say is true, that now we can make money from anywhere, not only from physical work, but also in the internet world, which is now increasingly modern and there are many facilities that we can use or take advantage of to make money. , and many people have achieved success by dedicating themselves to the world of the internet. In any case, the process will not betray the results if you do it correctly based on the right knowledge and understanding.

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June 20, 2024, 07:49:12 AM
 #192

I don't think trading is a job. Because for me real job is where you can make money daily from your hard work and effort. But trading is different, there's no guarantee that you can always make money, and you must always used capital for every trade and aside from that there's a risk of losing it. So for me, it's better to say trading is a business because it always has a risk same with trading. Despite of that, if the trader is not profitable and keep losing funds because they trade out of nowhere from the chart then it's called gambling, not a business.
Indeed, there is no guarantee that trading can produce the profits we want, the risk of losses is that you will definitely lose there. I think the term trading is the same in my opinion, whether it's work or business, it's just a term, but both terms are the same as doing a target analysis to be able to make a profit. I think if we want to make money we don't always have to look in real life, but with advances in technology like today, making money can be done anywhere, whether in the virtual world (internet).
In fact, by trading more people lose their money. This is because trading is initially considered easy and many people expect that it will be easy to earn money and pursue financial freedom, so because they feel great, they become complacent and run out of money. especially for those who don't want to learn, so what they do seems like gambling. This is where businesses need knowledge, understanding and experience in trading

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June 20, 2024, 08:50:39 AM
 #193

I get your points but frankly a successful trader doesn’t need to explain their work status to people to prove they’re self employed but rather their lifestyle will do the talking for them.
I don’t know for other countries, but every youth in my country who works remotely and lives a good life is been tagged a fraudster and that’s disheartening and I’m sure would make things difficult for a regular trader as they would not just need to explain that they’re self employed but rather have to explain with proves that they’re traders and I’ve also gotten some news in the past  where forex traders where harassed but the authorities never understood their earnings but I’m glad that issues is already getting addressed.

Trading is a very lucrative despite being a risky one, and recently, a lot of people are already finding a career path in the field and that’s already giving trading the right visibility and with time a trader will be seen as a work and not just a joker.

R


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Issa56
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June 20, 2024, 11:59:21 AM
 #194

In fact, by trading more people lose their money. This is because trading is initially considered easy and many people expect that it will be easy to earn money and pursue financial freedom, so because they feel great, they become complacent and run out of money.
If you want to be a trader and you are not ready to learn, then you are just going to be losing without making anything. Trading is not what you think you can just jump into and you think you are going to be making money. If you do that, then you are totally wrong, because you won’t be making money, rather, you will be losing. If you want to be a trader, then you have to take your time to learn about trading. If you can’t learn, you will find it difficult to make money.
 
Some people do end up depending on signal providers, which is wrong. It’s better you learn how to trade yourself and don’t depend on anyone. Most of those signal providers are just scammers, some of them do have little knowledge about trading, but they will decide to create a group and ask people to pay so that they can share signals there. If you follow them, then you will discover that the amount you will be losing will be more than the one you will be making, so it’s just better to learn about trading and do your analysis yourself.

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June 21, 2024, 08:14:43 PM
 #195

I understand the logic, but I have to say it is not unemployed, but it is not like a job neither, it is a different new thing. I have seen some people who do this, they work every morning until they reach their daily goal, and if they do reach then they stop, if they do not reach then they stop at 5pm anyway no matter what. They keep doing this everyday, and they consider this a job, it is not like white collar job that we do ,even professional trader at wall street has a job, this is more like... hobby you make money from.

I can just make clay animals before dinner, and sell them for five dollars each, and call that a job too then, it is not the same. It is a way of making money, but not all ways of making money would be acceptable.

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June 21, 2024, 08:37:54 PM
 #196

This happens because traders have not been said to be a proper profession and confirmed by the minister of labor, so their status is not registered in a professional documentation in the country so they can still be included in the freelencer profession, or unemployment.

This is what causes traders to still not be recognized in the community because there is no standardization, maybe if in a country that has recognized it it becomes a profession and is no longer considered unemployed, but so far in my opinion the important thing is to make money, no matter whether it is recognized or not, or even if it makes money then I have no problem being called unemployed because the important thing for me is to have money from whatever activities I do including trading.

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June 21, 2024, 08:41:47 PM
 #197

I understand the logic, but I have to say it is not unemployed, but it is not like a job neither, it is a different new thing. I have seen some people who do this, they work every morning until they reach their daily goal, and if they do reach then they stop, if they do not reach then they stop at 5pm anyway no matter what. They keep doing this everyday, and they consider this a job, it is not like white collar job that we do ,even professional trader at wall street has a job, this is more like... hobby you make money from.

I can just make clay animals before dinner, and sell them for five dollars each, and call that a job too then, it is not the same. It is a way of making money, but not all ways of making money would be acceptable.
Job or not,it would really be just that depending into someones approach. There would be no wrong or right on how they would really be treating up trading because if this is something that makes you money
due on making profits then you would consider it as side job on which it isnt really that wrong too. For me on which i do have a day job on which i could really rely on at the same time i do make trades too
with the crypto that i do have in bag on which it would really be neither giving out that profit or not. If ever i do make money then it is good since it would really be adding up into my monthly income which
we know that it is really that an advantage if you do really know on what you are dealing with. It is really just that on how you do things on what matter most on here.

If you are someone whose that unemployed literally and making trade as your main job or going full time then it isnt really that a bad thing either. Just make it sure that you would really be making yourself sustainable because we do know that dealing up with this unpredictable space wont really be giving out anytime profitable trades on which there would really be those losing moments or time on which
you would really be needing out to have other sources too and not just that trading but if you could be able to handle it out then its good.

R


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June 21, 2024, 09:38:40 PM
 #198

Trading is looked down upon by many people.Although it is very funny. Those who fail to master it look down upon it.Moreover, it is not possible for everyone to master it.But those who are good at it are ruling it.And they are their own boss.That is, self-employed.

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June 22, 2024, 11:04:14 PM
 #199

Trading is not something that a person is supposed to fully depend on because you are not guaranteed to get profit all the time, especially the unemployed ones. But as you said, it is very risky to start trading with your savings. Yes, I actually believe that. But you can split your savings in half and still use the other half to trade, and if you succeed, you will use the profit as capital and return the other half. If you lose, you will just have to be patient. 
Money management is a very important thing in trading, I have never seen someone who was successful in trading but couldn't manage their finances well, so this is a complement, if you can manage your money well then your path in trading will be smooth

Because sometimes risk-taking makes you rich, that is why some people are not afraid to take risks, no matter the consequences. They will still take them because they believe and have the potential to succeed in the risk, even though sometimes they do fail.
taking risks carelessly and taking risks with a mature plan are different things, many people fail because they take risks without a mature plan, the same goes for trading, you will only lose if you take risks without a mature plan

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June 23, 2024, 12:47:30 AM
 #200

I understand the logic, but I have to say it is not unemployed, but it is not like a job neither, it is a different new thing. I have seen some people who do this, they work every morning until they reach their daily goal, and if they do reach then they stop, if they do not reach then they stop at 5pm anyway no matter what. They keep doing this everyday, and they consider this a job, it is not like white collar job that we do ,even professional trader at wall street has a job, this is more like... hobby you make money from.

I can just make clay animals before dinner, and sell them for five dollars each, and call that a job too then, it is not the same. It is a way of making money, but not all ways of making money would be acceptable.
Yes, I thought that too. Trading is just a way to make money, but not something that can be categorized as a job. However, we can see it as a job, when the person has actually made money from it. However, some people actually get losses, and I think, it's not a job if it results in losses. However, I think quite a lot of people are proud when they are used to making money from trading and think that it is their job.


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