Does trading mean a better life?

[Joy- maker]

In many cases, when you search or find something online by writing trading, you will notice that by trading, they mean a better life and a more expensive life. They mention it, but in reality, it is quite difficult to make a profit by trading, if someone does not actually follow trading for a long time, it is not possible for him to make a profit.

trading may look difficult to some people and look easy to some people too, many people out there are making money by trading in the crypto market, stocks market and so on, but that doesn't mean that trading is a bitter life and expensive life, people who are trading and making profits from the trading are just living a normal life like you and me. So don't let anybody deceive you by brain washing you that trading is a better life and expensive life. See let me tell you something trading is very risky, if you don't analysis the market very well before placing a trade all your funds will be gone in a Twinkle of an eye, so be wise in this crypto space.

[Ndabagi01]

In many cases, when you search or find something online by writing trading, you will notice that by trading, they mean a better life and a more expensive life. They mention it, but in reality, it is quite difficult to make a profit by trading, if someone does not actually follow trading for a long time, it is not possible for him to make a profit. So in this case, a message goes to the newbies that maybe they will be able to enjoy that kind of better life by trading. So many people think that starting trading means that they will only make a profit. But they do not think that they can lose, which is why most people face losses when they come to trading.

Trading actually means a better life but it comes with a lot of expenses also which if you don’t make it at trading, you can’t upgrade your life to that level. Trading is not easy and nothing worth the money you earned is very easy to achieve in this life. Trading is a continuous process, and anyone that leaves trading and still wants to be profitable without consistency will only make it more difficult for them to achieve their target. Newbies should not have a wrong narrative of the trading market, only will that will they be true to their goal.

Many people are promoting many sites that are not actually related to trading, but they are also scamming people. I don't want to name all those sites because many people have invested there and lost their money, but in this case, they are scamming people even though they mean trading.

You can do better by telling the names of those sites that are scamming people and posing as trading sites. This will help those that are already involved with them to not patronize them again. If you’re not part of them, then why are you hiding their names, it isn’t fair though.

[Alone055]

trading may look difficult to some people and look easy to some people too, many people out there are making money by trading in the crypto market, stocks market and so on, but that doesn't mean that trading is a bitter life and expensive life, people who are trading and making profits from the trading are just living a normal life like you and me. So don't let anybody deceive you by brain washing you that trading is a better life and expensive life. See let me tell you something trading is very risky, if you don't analysis the market very well before placing a trade all your funds will be gone in a Twinkle of an eye, so be wise in this crypto space.

Whether someone will live a simple or luxurious life after becoming a trader depends on how they do it and how much profit they make. The amount of profit one can make from trading will depend on two things: how good they are as a trader, and how much capital they have. A profit of 5% a day with a $10,000 capital is $500, whereas 5% of $500 is only $25. So, considering how much money one has to start their trading journey, and whether they can stay profitable in it, one can live a luxurious life as well, especially if they live in a country where the value of USD is very high and the money they earn from the market might convert to a lot of money in their local currency.

I live in a third-world country, so even if I make $100 a day, I can live a very luxurious life, and can afford anything, but if someone lives in a first-world or developed country, such as the US, it might be considered a below-average income because if one full meal costs barely $5 in my country, it costs more than $20 there, roughly.

So, it all depends on how good you are at trading, how much your capital is, and where you live. What can give someone a luxurious experience in one region might not be enough for one to survive in another.

[harapan]

In many cases, when you search or find something online by writing trading, you will notice that by trading, they mean a better life and a more expensive life. They mention it, but in reality, it is quite difficult to make a profit by trading, if someone does not actually follow trading for a long time, it is not possible for him to make a profit. So in this case, a message goes to the newbies that maybe they will be able to enjoy that kind of better life by trading. So many people think that starting trading means that they will only make a profit. But they do not think that they can lose, which is why most people face losses when they come to trading.

Truth be told trading doesn't mean better life it may for some person's that tend to risk bigger amount for bigger returns but left for others that tend to trade on low risks it's not a better life but a place you lose your money if cares not taken. Most times I think this happens cause of the way we are bent on achieving and making a little bit of profits from trading. Regardless trade with what you can afford it's not an avenue of impressing anyone on the grounds that you stand to lose or gain.

[RockBell]

Truth be told trading doesn't mean better life it may for some person's that tend to risk bigger amount for bigger returns but left for others that tend to trade on low risks it's not a better life but a place you lose your money if cares not taken. Most times I think this happens cause of the way we are bent on achieving and making a little bit of profits from trading. Regardless trade with what you can afford it's not an avenue of impressing anyone on the grounds that you stand to lose or gain.

when it comes to trading, you have to prepare yourself because nothing is guaranteed. When it comes to trading, anything can happen, so there is always a need to prepare yourself self and that is why it is always advised to prepare yourself emotionally, because trading is not for the faint-hearted. After all, if things don't go the way you want, then you will be able to control your emotions so that you don't make careless decisions, like revenge trading, and many more.

And most of these things are the ones that make people greedy, and when it comes to trading, greed is one of the bad things that can even cause more problems than losing money, because your focus will be more on money, which is dangerous.

[Eternad]

The amount of profit one can make from trading will depend on two things: how good they are as a trader, and how much capital they have.

Capital is really a big factor in trading. If you have a small capital, the profit you will earn might not be worth it compared to the stress you will undergo in executing successful trades.

Knowing how to trade doesn't mean you can have a better life. In fact, it's even more stressful than having a full-time job. Your emotion is your biggest enemy in trading. Aside from being financially capable, you should also be mentally prepared to control your emotion when the market is unpredictable and you experience consecutive losing trades.

[yhiaali3]

Trading is exciting, but it's also risky. Many beginners believe they'll get rich through trading, but they soon discover how delusional they were when they start making mistakes and incurring losses.

It must be admitted, even though information is increasingly developing and easy to obtain, many beginners still have the mindset that trading is a way to get rich quickly. So it is not surprising that many beginners fall into sites that offer multiple profits under the guise of trading when in fact it is a scam. It is only right that beginners when they want to enter the world of trading must have good information about trading so that this will change their mindset about trading which ultimately does not fall into trading under the guise of fraud.

True, but the problem isn't just related to information and its ease of access. It's also related to basic human instinct, most notably greed. Many traders even experienced ones, sometimes fall victim to greed, so it's no surprise that beginners fall prey to this evil instinct.

Information is essential, of course, but it alone isn'tsufficient for successful trading. Beginner traders must acquire the appropriate trading qualities, such as patience, and avoid negative traits like greed and fear.

[Cryptmuster]

True, but the problem isn't just related to information and its ease of access. It's also related to basic human instinct, most notably greed. Many traders even experienced ones, sometimes fall victim to greed, so it's no surprise that beginners fall prey to this evil instinct.

Information is essential, of course, but it alone isn'tsufficient for successful trading. Beginner traders must acquire the appropriate trading qualities, such as patience, and avoid negative traits like greed and fear.

Everyone knows what to avoid, but when it's time to sell, there is a fear that we can miss out on profit, sell too early and the price will continue to rise. Such thoughts will definitely be present in everyone, but only an experienced one will know that it is better to sell with a small profit than to miss this time and go with the coins into a long correction and choose. either become a holder for a long time (which is unnecessary for a trader), or sell at a loss in order to have funds for further trading. So we can conclude that trading is just a job and quite difficult, and will definitely not improve life for everyone.

[Peanutswar]

If you want to engage with trading you must need to prepare yourself because its not all about the money matters here its all about the skills, and knowledge how to execute the trade and one of the most important is how you will manage your risk every trade not all the time you will a huge amount of money setting up a position takes alot of effort such as emotions so if you want to be in it. Also seems the content of those are shifted into scam exchange so if you lose in trading you mean because they scammed you?. Seems kinda weird shifted like its
a blame.

[Shishir99]

In many cases, when you search or find something online by writing trading, you will notice that by trading, they mean a better life and a more expensive life. They mention it, but in reality, it is quite difficult to make a profit by trading, if someone does not actually follow trading for a long time, it is not possible for him to make a profit. So in this case, a message goes to the newbies that maybe they will be able to enjoy that kind of better life by trading.

Usually, these traders are so-called social media influencers who want to sell their trading signals. Even if they are broke, they show a better life on social media to attract people. I think I have seen somewhere that a social media influencer, aka a trader, got kidnapped and later the kidnappers released him after realizing he was broke. That should represent most of the social media traders.

Trading does not mean a better life. Trading is like gambling. You can make some profit from a session, or you can lose as well. It is just these so-called traders who try to impress people with their social media life.

[Uruhara]

...Not many people can live well just by relying on the results of trading profits. Well that's not much. But there is. ..

You can get a better life only if your trading is profitable. Otherwise, your life will be full of negativity, and you will not be able to sleep soundly, as your well-being will depend on which way the market moves.

Well, if a trade doesn't go well, it can destroy a person's mentality quite badly. Depression and stress can sometimes be experienced by a trader who only focuses on trading and has no other income than that. But there are people who only focus on trade and in my country this is really something that is starting to happen. When the hype for crypto trading increased, many people even thought that they would be able to succeed in crypto trading easily and made them determined to leave their original job. And after he discovered that crypto trading was not as easy as he imagined, he started to feel depressed about the steps he had taken. And in the end he gave up and returned to his original job. Things like this happen quite often and there are several of my friends who experience it.

I personally consider crypto trading to be just a side thing and I only enter when the market really looks good to enter. Meanwhile, when the market looks bad, I always prefer not to enter and just monitor it periodically.

[milewilda]

trading may look difficult to some people and look easy to some people too, many people out there are making money by trading in the crypto market, stocks market and so on, but that doesn't mean that trading is a bitter life and expensive life, people who are trading and making profits from the trading are just living a normal life like you and me. So don't let anybody deceive you by brain washing you that trading is a better life and expensive life. See let me tell you something trading is very risky, if you don't analysis the market very well before placing a trade all your funds will be gone in a Twinkle of an eye, so be wise in this crypto space.

Whether someone will live a simple or luxurious life after becoming a trader depends on how they do it and how much profit they make. The amount of profit one can make from trading will depend on two things: how good they are as a trader, and how much capital they have. A profit of 5% a day with a $10,000 capital is $500, whereas 5% of $500 is only $25. So, considering how much money one has to start their trading journey, and whether they can stay profitable in it, one can live a luxurious life as well, especially if they live in a country where the value of USD is very high and the money they earn from the market might convert to a lot of money in their local currency.

I live in a third-world country, so even if I make $100 a day, I can live a very luxurious life, and can afford anything, but if someone lives in a first-world or developed country, such as the US, it might be considered a below-average income because if one full meal costs barely $5 in my country, it costs more than $20 there, roughly.

So, it all depends on how good you are at trading, how much your capital is, and where you live. What can give someone a luxurious experience in one region might not be enough for one to survive in another.

Yes, it all matters about on how profitable you would be at the time that you would be doing up trades. This isnt something a skill that you would be able to learn up so easily and to know that there are tons of traders who do failed up into such stuff on which they are that thriving on day to day just to acquire up that such profitability. This isnt something a skill that you can be able to learn in a short period of time and once you dont have that good grasps into it then it would basically means that you do have that potentially be able to make your financial condition or status to be completely changed up. Why? On the time that you do know on how to go with the flow with this market when it comes to its movement or simply with volatility, then you do have that chance on achieving out such success. Majority of us do wants to acquire up such skills but just been said that it would be depending or basing up with different factors. Important thing on here is that you wont be needing up for you to become perfect because there's no one would be perfect on making up those good trades from time to time because there would be always those mistakes and errors because we cant just that be able to predict with this market. It all matter about on how you would be able to sustain and be able to control up such condition, because as an individual who doesnt have that good control towards it then you would be having that kind of fear on which it will be causing up that hindrance or hesitance.

[Floxynice]

I have always viewed trading as something that is mentally exhausting. There are surely good chances of getting a better life through trading, but trading is just not for the weak-minded and those seeking to get rich quick. I watched my man go through all that emotional stress of losing a huge amount of money from using trading signals and from trying to fix certain things by himself. It wasn't a good phase of his life. No one should fall for the promise of a better life through trading; some scammers and some self-acclaimed trading mentors only portray this side of trading, only to leave their victims stranded.

Every trader needs to develop skills and patience. Trading is not as easy as it seems.

[WatChe]

I have always viewed trading as something that is mentally exhausting. There are surely good chances of getting a better life through trading, but trading is just not for the weak-minded and those seeking to get rich quick. I watched my man go through all that emotional stress of losing a huge amount of money from using trading signals and from trying to fix certain things by himself. It wasn't a good phase of his life. No one should fall for the promise of a better life through trading; some scammers and some self-acclaimed trading mentors only portray this side of trading, only to leave their victims stranded.

Every trader needs to develop skills and patience. Trading is not as easy as it seems.

If you are doing trading then you need to continuously in touch with market, it's not a choice rather a liability in case of trading. The main reason I quit trading long ago is that I can't bear the stress of looking at Bitcoin price every hour or two. If you are doing trading then keep in mind the risks associated with it because if you start trading by thinking it's a risk free thing then you will only lose money.

One more thing, there are stories of successful traders and important thing to understand is that they didn't become successful overnight. It takes time along with continuous learning and improvement to become a successful trader.     

[Questat]

In many cases, when you search or find something online by writing trading, you will notice that by trading, they mean a better life and a more expensive life. They mention it, but in reality, it is quite difficult to make a profit by trading, if someone does not actually follow trading for a long time, it is not possible for him to make a profit.

trading may look difficult to some people and look easy to some people too, many people out there are making money by trading in the crypto market, stocks market and so on, but that doesn't mean that trading is a bitter life and expensive life, people who are trading and making profits from the trading are just living a normal life like you and me. So don't let anybody deceive you by brain washing you that trading is a better life and expensive life. See let me tell you something trading is very risky, if you don't analysis the market very well before placing a trade all your funds will be gone in a Twinkle of an eye, so be wise in this crypto space.

Honestly, people come to trade to change and improve their life. That’s what most of the traders goals. However, not all of these traders have end up having profits and make their lives better than before, but it’s also undeniable that few of these traders are actually earning well.

They made excellent profits from trading, so now they are living a very good life, while those who are still struggling on how to win their trades, they remain poor still hoping to change their lives in the future through trading.

[tvplus006]

...When the hype for crypto trading increased, many people even thought that they would be able to succeed in crypto trading easily and made them determined to leave their original job...

This happens every time the market turns bullish. And every open trade today brings a profit the very next day. And at such moments, many beginners begin to mistakenly believe that it is very easy to trade and make a profit. But as soon as the market turns bearish, they lose not only their earned profits, but also all their money.

[Franctoshi]

In many cases, when you search or find something online by writing trading, you will notice that by trading, they mean a better life and a more expensive life. They mention it, but in reality, it is quite difficult to make a profit by trading, if someone does not actually follow trading for a long time, it is not possible for him to make a profit. So in this case, a message goes to the newbies that maybe they will be able to enjoy that kind of better life by trading. So many people think that starting trading means that they will only make a profit. But they do not think that they can lose, which is why most people face losses when they come to trading.

Many people are promoting many sites that are not actually related to trading, but they are also scamming people. I don't want to name all those sites because many people have invested there and lost their money, but in this case, they are scamming people even though they mean trading.

Trading is not a guaranteed way to a better life but can help you live your dream life and have your freedom if you're able to profit from trading, but the issue is that, only few percentages of traders are actually profitable whereas 95% of others base on statistics lose money in the course of trading. This idea or mindset that when you start trading you're going to start making profits is a big trap, you need required trading and market experience to profit from it.

[Floxynice]

I have always viewed trading as something that is mentally exhausting. There are surely good chances of getting a better life through trading, but trading is just not for the weak-minded and those seeking to get rich quick. I watched my man go through all that emotional stress of losing a huge amount of money from using trading signals and from trying to fix certain things by himself. It wasn't a good phase of his life. No one should fall for the promise of a better life through trading; some scammers and some self-acclaimed trading mentors only portray this side of trading, only to leave their victims stranded.

Every trader needs to develop skills and patience. Trading is not as easy as it seems.

If you are doing trading then you need to continuously in touch with market, it's not a choice rather a liability in case of trading. The main reason I quit trading long ago is that I can't bear the stress of looking at Bitcoin price every hour or two. If you are doing trading then keep in mind the risks associated with it because if you start trading by thinking it's a risk free thing then you will only lose money.

One more thing, there are stories of successful traders and important thing to understand is that they didn't become successful overnight. It takes time along with continuous learning and improvement to become a successful trader.     

It is good that you realized that trading was stressful for you and affected your personal life. Many would rather choose to be patient while going through emotional torture. I remember talking about this same issue under a different thread, asking at what point people would come to the realization that they should quit trading. To some people, trading is just like gambling, and they just need to accept that the stress is not worth it, especially if they are not making money from it.

[Maslate]

Trading could mean a better life after for those who are skilled and lucky traders, but for those who are only trading because of influence of other people, and even lack the basic knowledge and understanding about trading, don’t expect them to gain the same profits, majority of them will only end up wasting their time and money.

This is the reality about trading, few of these traders are doing it well, while majority are still regretting after losing their money. Trading is undeniably highly risky, so never expect for all traders to find wealth from trading.

[yhiaali3]

True, but the problem isn't just related to information and its ease of access. It's also related to basic human instinct, most notably greed. Many traders even experienced ones, sometimes fall victim to greed, so it's no surprise that beginners fall prey to this evil instinct.

Information is essential, of course, but it alone isn'tsufficient for successful trading. Beginner traders must acquire the appropriate trading qualities, such as patience, and avoid negative traits like greed and fear.

Everyone knows what to avoid, but when it's time to sell, there is a fear that we can miss out on profit, sell too early and the price will continue to rise. Such thoughts will definitely be present in everyone, but only an experienced one will know that it is better to sell with a small profit than to miss this time and go with the coins into a long correction and choose. either become a holder for a long time (which is unnecessary for a trader), or sell at a loss in order to have funds for further trading. So we can conclude that trading is just a job and quite difficult, and will definitely not improve life for everyone.

You're right. Almost everyone knows what to avoid, but they can't control their basic instincts, especially greed. We can liken this to a diabetic who sees a piece of candy in front of them and can't avoid eating it, even though they know it's bad for their health.

That's exactly it. When you have the will to do the right thing, you'll become a successful trader. That's why I said in my first post that it's not just about knowledge, but also about acquiring the essential qualities of trading.