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Author Topic: TRADERS are not UNEMPLOYED  (Read 1933 times)
Lantind
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June 24, 2024, 05:15:34 AM
 #201

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.
If we want to make money from trading, of course we must first have expertise in trading and must also have experience in the field of trading because without having skills and experience, of course there is very little chance of making a profit and I view trading as just a side job and if so If you want to make trading a source of income, of course we have to really follow market movements and news about the assets we are trading, but I think this is very difficult and it would be better if we made it an additional source of income and must still have a main source of income for can meet our needs.

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gunhell16
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June 24, 2024, 02:45:56 PM
 #202

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.

You're right, dude; you can't really do trading activity if you don't have capital. And it's also true that traders can never be employees because we don't have employers here in the crypto space. You only become an employee because you have an employer, right?

So we are clear that we are not really employed as traders, but we need to work on being traders in the crypto space. How do we do that? We must always have an understanding of trading, and to do that, we must learn trading.



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EarnOnVictor
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June 24, 2024, 11:12:58 PM
Last edit: July 01, 2024, 10:27:11 AM by EarnOnVictor
 #203

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.
If we want to make money from trading, of course we must first have expertise in trading and must also have experience in the field of trading because without having skills and experience, of course there is very little chance of making a profit and I view trading as just a side job and if so If you want to make trading a source of income, of course we have to really follow market movements and news about the assets we are trading, but I think this is very difficult and it would be better if we made it an additional source of income and must still have a main source of income for can meet our needs.
In my long years of trading and being a tutor, I am sure to say that trading is risky and many will never be able to make money from it but to waste the little they have into it. For this, it will be so disastrous to take it as your only source of income, but instead taking it as a means to earn passive income is a very good plan. What we should consider as a means of living is what can give us a near-guaranteed income at a regular period of time and not something that is risky like trading. If at all you are so good at trading (which is an exception to this), it can still be risky to rely on it. There should be a plan B from the already earned income in case things start falling apart in trading.

I said this because there is no perfect trader and no matter how good and managerial you are in it, the test of time may fall in that will scatter all that you had gathered. This is also irrespective of how long you've been trading or the learning you have gathered, it is only about the nature of trading itself. Trading will trick you into losing even as you will fall victim due to the susceptibility of human nature to emotions and irrational decisions. The best is to have another source(s) of income and I am sure that this will lessen the issues that could arise from trading and also the pressing financial needs.

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June 25, 2024, 05:01:30 AM
 #204

It depends on what one chooses to be ,Some are full-time traders only they don't do any other jobs apart from that while others engage in other side hustles. Besides been a fulltime trader with no real job doesn't mean one is unemployed Trading on its own is a real job a really hard one.

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June 25, 2024, 08:25:31 AM
 #205

Yup. Gamblers also not unemployed. Buskers also, street artists, etc. I'm not looking down on anyone at all trust me as I was a 'trader' myself for a long time.

But all these jobs can be done in the side of an actual career. Pay the bills, earn enough to pay the bills and pay daddy and mummy bills too, then you can feel good about yourself. Then trade and nobody cares anymore.

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June 26, 2024, 05:49:27 AM
 #206

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.
I respect your opinion but I don't understand why you mean only manual labor by work. See workers earn money through their physical labor it is work just like a businessman earns money by performing business activities and sometimes incurs loss this is also work and those who do official work at institutional level also include work. But in any case everyone in the world earns their livelihood through work from their respective positions so no one is unemployed.

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June 27, 2024, 06:35:12 PM
Merited by Fatunad (1)
 #207

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.
If we want to make money from trading, of course we must first have expertise in trading and must also have experience in the field of trading because without having skills and experience, of course there is very little chance of making a profit and I view trading as just a side job and if so If you want to make trading a source of income, of course we have to really follow market movements and news about the assets we are trading, but I think this is very difficult and it would be better if we made it an additional source of income and must still have a main source of income for can meet our needs.
In my long years of trading and being a tutor, I am sure to say that trading is risky and many will never be able to make money from it but to waste the little they have into it. For this, it will be so disastrous to take it as your only source of income, but instead taking it as a means to earn passive income is a very good plan. What we should consider as a means of living is what can give us a near-guaranteed income at a regular period of time and not something that is risky like trading. If at all you are so good at trading (which is an exception to this), it can still be risky to rely on it. There should be a plan B from the already earned income in case things start falling apart in trading.

I said this because there is no perfect trader and no matter how good and managerial you are in it, the test of time may fall in that will scatter all that you had gathered. This is also irrespective of how long you've been trading or the learning you have gathered, it is only about the nature of trading itself. Trading will trick you into losing even as you will fall victim due to the susceptibility of human nature to emotions and irrational decisions. The best is to have another source (s) of income and I am sure that this will lessen the issues that could arise from trading and also the pressing financial needs.
And this is something that they should realize and not really that making themselves that easily believe too much that trading is really just that an easy thing. It would really be taking lots of years before you would really be making yourself that sustainable or simply having that a good grasps into this market on which we know that this isnt really that simple. Somehow there are individuals who are really that good when it comes to this aspect on which they do really be able to make those good trades in just a matter of few months or even just 1 year. It would really be just that depending on a certain individual since not all would really be that fast learners. Also, when it comes on making it as a replacement for a job then better think twice and just like on what you have said that instead of earning then you would really be rather than making yourself
losing money because it is really that needing for you to make those buy and sell on which on the price of the market we do have on which its volatile then it would be understandable that instead of making money
you would really be rather be losing instead. So it would be a matter of risks taking on this manner.

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June 29, 2024, 08:46:57 PM
 #208

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.
I respect your opinion but I don't understand why you mean only manual labor by work. See workers earn money through their physical labor it is work just like a businessman earns money by performing business activities and sometimes incurs loss this is also work and those who do official work at institutional level also include work. But in any case everyone in the world earns their livelihood through work from their respective positions so no one is unemployed.

In fact, whatever the form of work, if the activity has the potential to make money then yes it can be called a job, or that means it is included in the class of work because it does produce money, but there are some activities that produce money that should not be used as the main income to support all life's needs. and an example is trading, because after all trading is always an activity that has risks, sometimes the level of risk can be very significant if a trader makes a mistake consciously or unconsciously.

So it's not a problem to get involved in the world of trading, but don't make it the main place to cover all your needs because the necessities of life will not be tolerated, in the sense that when you need money you have to have money at that moment, while trading is an activity. It's risky, which means that not every session you make a profit, that's why most people always choose a job that is certain with an agreement to get a monthly or weekly salary.

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June 30, 2024, 03:54:21 PM
 #209

If we want to make money from trading, of course we must first have expertise in trading and must also have experience in the field of trading because without having skills and experience, of course there is very little chance of making a profit and I view trading as just a side job and if so If you want to make trading a source of income, of course we have to really follow market movements and news about the assets we are trading, but I think this is very difficult and it would be better if we made it an additional source of income and must still have a main source of income for can meet our needs.
Even those who are experienced can sometimes still make mistakes in predicting or analyzing the market. However, to be successful in this job is very difficult, of course we sacrifice many things, namely money and time. Yes, what you say is correct, of course it is very difficult for someone who does not have a main income to get involved, as we know trading requires capital to make transactions on the market, I agree with you that trading cannot be said to be a main job but only a side job. for those who are not used to trading on the market.

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June 30, 2024, 06:33:25 PM
 #210

If we want to make money from trading, of course we must first have expertise in trading and must also have experience in the field of trading because without having skills and experience, of course there is very little chance of making a profit and I view trading as just a side job and if so If you want to make trading a source of income, of course we have to really follow market movements and news about the assets we are trading, but I think this is very difficult and it would be better if we made it an additional source of income and must still have a main source of income for can meet our needs.
Even those who are experienced can sometimes still make mistakes in predicting or analyzing the market. However, to be successful in this job is very difficult, of course we sacrifice many things, namely money and time. Yes, what you say is correct, of course it is very difficult for someone who does not have a main income to get involved, as we know trading requires capital to make transactions on the market, I agree with you that trading cannot be said to be a main job but only a side job. for those who are not used to trading on the market.
There's no such thing about being a perfect trader on which losing money is something that would really be that part as always, the key on here is on how you would really be able to make yourself that survive
and act according into the things that you do have in mind. Market is volatile then you would really be needing yourself to be versatile as much as you could so that you would really be able to sustain.
If you wont really be something like this then you cant really be able to sustain and would really be just that easily give up and this is something that you would really be normally be felt on the moment that you would really be losing money in trading.  Its never been easy but it wouldnt be impossible and also in talking about being unemployed then it would really be just that d epending on how someone would really be treating up trading and its not something that you can surely make it as your main source of income but if you could then its good.

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June 30, 2024, 11:13:09 PM
 #211

It depends on what one chooses to be ,Some are full-time traders only they don't do any other jobs apart from that while others engage in other side hustles.
Because trading is already their full time job and the other hustles that they do are more than enough to cover their lifestyle.

Besides been a fulltime trader with no real job doesn't mean one is unemployed Trading on its own is a real job a really hard one.
Trading full time is a job and if others don't find it as a real job, that's their judgement and you can't change that.
Even the new types of careers nowadays like in social media, people would say still to get a job even if that's their career.
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June 30, 2024, 11:52:32 PM
 #212

So it's not a problem to get involved in the world of trading, but don't make it the main place to cover all your needs because the necessities of life will not be tolerated,

Using trading as your main place to get money from to cover all your needs isn't going to work. The market doesn't favour you always as a trader, there's going to be times when you won't be able to win. The market isn't stable and won't give you one result always therefore you shouldn't be depending on trading. If you trade and make a money, it can be used for other businesses that you can depend on. All professional traders have other side businesses

But I think traders are employed as they're earning money from when they trade, there earning are not constant as other individuals that might be working for a privacy business or the government but they can be earning more than those other individual that you would say they're employed. A trader can make money from few trade that he can use for the rest of the month.

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July 01, 2024, 09:30:58 AM
 #213

So it's not a problem to get involved in the world of trading, but don't make it the main place to cover all your needs because the necessities of life will not be tolerated, in the sense that when you need money you have to have money at that moment, while trading is an activity. It's risky, which means that not every session you make a profit, that's why most people always choose a job that is certain with an agreement to get a monthly or weekly salary.
If a trader is able to cover his expenses through trading, I won't be stopping them from doing so. That only means that they know what they're doing and they're effective traders.

There's nothing wrong with what they do as long as it is sustainable whether they treat it full time or part time job.

What matters to us is we shouldn't be meddling with the work of other people that are just trying to put food to their tables.

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July 03, 2024, 11:59:41 PM
 #214

So it's not a problem to get involved in the world of trading, but don't make it the main place to cover all your needs because the necessities of life will not be tolerated,

Using trading as your main place to get money from to cover all your needs isn't going to work. The market doesn't favour you always as a trader, there's going to be times when you won't be able to win. The market isn't stable and won't give you one result always therefore you shouldn't be depending on trading. If you trade and make a money, it can be used for other businesses that you can depend on. All professional traders have other side businesses

But I think traders are employed as they're earning money from when they trade, there earning are not constant as other individuals that might be working for a privacy business or the government but they can be earning more than those other individual that you would say they're employed. A trader can make money from few trade that he can use for the rest of the month.

Of course, even though they are traders who are quite professional in the sense that they already have quite a lot of flying hours, they still will not be completely free from the possibility of losses, as you said, simply put, the market will not always be on our side all the time. , meaning it is too risky to be used as the only place to support all your living expenses without exception. There are quite a lot of people who have said the following by emphasizing that trading is a risky activity, and many of them also say that trading is an activity that cannot be completely predicted accurately, and that is why we should not depend on all our life's needs. income from trading.

On the other hand, recently I also watched an educational show filled with traders who are quite experienced and can be said to be successful in trading and at the end of their sentences they always say that when you become a trader you have to have another job or Open a business or business that has guarantees and certainty to produce results which will be able to keep you alive even if, for example, in trading you experience losses.

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July 04, 2024, 05:08:20 AM
 #215

A person who works is not unemployed but a person who does other work without work is unemployed if we have such thoughts then I would say this thought is completely wrong.

Every year many students complete their graduation and after completing their graduation not all of them get jobs. Some people focus on their own business and some people start production and there is a class of people who join the job. Here, just as a businessman is not unemployed, a productive person is definitely not unemployed, and one who is employed is also not unemployed. If money can be earned by trading in the right way then we definitely cannot consider this income sector as unemployed. We should take up as our career the work that we like and the work that we can do very well.

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July 05, 2024, 04:03:00 AM
 #216

So it's not a problem to get involved in the world of trading, but don't make it the main place to cover all your needs because the necessities of life will not be tolerated, in the sense that when you need money you have to have money at that moment, while trading is an activity. It's risky, which means that not every session you make a profit, that's why most people always choose a job that is certain with an agreement to get a monthly or weekly salary.
If a trader is able to cover his expenses through trading, I won't be stopping them from doing so. That only means that they know what they're doing and they're effective traders.

There's nothing wrong with what they do as long as it is sustainable whether they treat it full time or part time job.

What matters to us is we shouldn't be meddling with the work of other people that are just trying to put food to their tables.
I agree with you, if they can fulfill their needs from the trading they do of course this is not a problem for them and what is a problem is if someone trades and they don't have any income and also they often experience failure in trading of course This will make them financially difficult.
It is true that there is nothing wrong when they do trading as a full-time or part-time job, but if they only hope to profit from trading and have no other income, of course this is a very bad choice and I agree with you about not interfering in other people's business regarding work. Everyone has the right to determine their own fate.
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July 05, 2024, 02:19:32 PM
 #217

So it's not a problem to get involved in the world of trading, but don't make it the main place to cover all your needs because the necessities of life will not be tolerated, in the sense that when you need money you have to have money at that moment, while trading is an activity. It's risky, which means that not every session you make a profit, that's why most people always choose a job that is certain with an agreement to get a monthly or weekly salary.
If a trader is able to cover his expenses through trading, I won't be stopping them from doing so. That only means that they know what they're doing and they're effective traders.

There's nothing wrong with what they do as long as it is sustainable whether they treat it full time or part time job.

What matters to us is we shouldn't be meddling with the work of other people that are just trying to put food to their tables.

We are not here to prevent or interfere with anyone's choices or lives because we have no right to do that. People just want to say that if we make trading our main job and depend on it as our main source of income then it is too risky, and advise people not to do this. As you know, making a profit in trading is already difficult and it will be even more difficult when you set a goal of needing to make a profit regularly every month to meet your daily needs. So, giving advice to others, especially newbies to help them avoid making mistakes is not a bad thing, and I also don't think advising others would be considered meddling with their work.

Personally, I would never consider trading as a main job because income from it is not guaranteed, it should only be a side job when we have free time.
As Dewi Aries also mentioned below, even experienced traders give similar advice, if we want to become a trader, we must first have another source of income.

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July 05, 2024, 02:34:44 PM
 #218

I respect your opinion but I don't understand why you mean only manual labor by work. See workers earn money through their physical labor it is work just like a businessman earns money by performing business activities and sometimes incurs loss this is also work and those who do official work at institutional level also include work. But in any case everyone in the world earns their livelihood through work from their respective positions so no one is unemployed.
Trading is also a real job that can be learned by everyone in order to get the opportunity to profit after trying it several times through certain exchanges. Because now opening a business and selling manually is very common for everyone to do, so those who don't have the space to do it manually can try it through crypto exchanges and other exchanges in order to still have work activities and make money when they have a profit. And from the example you gave, it can actually also be good advice for those who keep complaining on the grounds that they don't have a job, even though they are the only ones who don't have the will to work.

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July 05, 2024, 09:06:18 PM
 #219

I understand the concept of trading related to full time job and aside trading anyone can still make money to support their trading journey because money is needed to finance every step. Trading is not a job but, any trader can earn profit always while sometimes they face lose, in situations like this I will consider trading as a side job, it’s an additional income mainly because a trader can’t win always.
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July 06, 2024, 05:55:57 AM
 #220

I understand the concept of trading related to full time job and aside trading anyone can still make money to support their trading journey because money is needed to finance every step. Trading is not a job but, any trader can earn profit always while sometimes they face lose, in situations like this I will consider trading as a side job, it’s an additional income mainly because a trader can’t win always.

Whatever activity can make money is the real job, if for example there is someone working in an agency but doesn't have a salary, just money for food, that's called mutual cooperation, trading is a trade where we have to really try to get the capital we have. spending it is not in vain and can produce profits that are sufficient for our lives.

Trading itself provides a lot of useful knowledge, in trading we are taught very broad patience where we can get through it all with patience in a time that doesn't know how long it will last, and we are also taught about controlling our emotions so that we remain calm in the face of all obstacles and challenges. , so that we don't become frustrated because we don't achieve what we want.
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