Topic: Trading is not a lifetime job. - page 2. (Read 1295 times)

Definitely, you can't do your trading activity as a lifetime activity. But the profits that you will get from it, you can extend it to your lifetime by investing it in business or assets that will give you source of income later on. As the actual activity is a very tedious one, no one can do it for long time.

Also in trading, if you focus on making money on a daily basis. You are basically putting in unnecessary stress to think of. Because trading should be calm and detach from money. Once you put making money in the situation, psychology feds up and suck. So just make sure to ensure profitability, always focus on the process as oppose to be focusing on the outcome.

Currently, I also see someone who meets all of life's needs just from trading income.
If we look at the uncertainty of the profits we get in trading, it is true that this cannot be our main job, but we also have to look at the overall income or profits we get and I think it can meet our needs in the long term so that in the process trading without pressure to gain fatal profits.

For a lifetime it is not possible, there are many factors that do not allow it, especially health and also changes that occur in trade that make it possible for us not to be able to follow.
Personally, I think the profits in trading are quite large and if someone can manage money well, there are quite a lot of other things or businesses that can be run from the profits from trading or run simultaneously with real life business and trading.

Yeah not all traders will agreed with you but while there's possibility that majority of them will agree with you with what you say, not all traders will find it easy this days. trading now is very stressful to alot of traders out there,I honestly agree with some of the points you pointed out that  TRUST ISSUES DUE TO SCAM GROWTH with this point you can have an miss understanding with your fellow business partner due to LOW growth and hard economic like this.

Trading has become very popular now and all youth and generation people are easily choosing trading as their part time income source and many are becoming successful.  But trading cannot be considered as the only source of income because there are losses as well as profits. so it cannot provide a passive income. This income will never be stable.  So it cannot be considered as a source of lifetime or full time income.

Never ending enhancement of your knowledge as from time to time another trader will catch up and will create his own pattern to have more winning trades, I like to follow the logic where if you are keen in keep learning the process this venue can be use as your source of income as long as you are doing your best creating your own strategy and not just rely with only one pattern but more on keep improving and keep doing your best to make sure that you are also catching up.

Whatever the improvements that's needed to cope with how the market is developing or where the market is heading you should have that adjustments and good adoptions to make it working still to earn decently.

Even though trading on the internet and trading in the real world have the same goal, namely to make a profit, I think there are quite significant differences in terms of running it, trading in the real world you only need buyers to spend your merchandise and if no one buys then that means Your goods are durable and can still be sold the next day before they expire, but when you trade on the internet, whether it's trading or investing, it's clear that if you don't succeed in making a profit, your open position misses and leads you to a loss, then in some cases This is where most people experience problems where they find it difficult to control their emotions and find it difficult to truly be in a balanced mental and psychological state.

I understand that if we can focus on doing it then maybe we can minimize the possibility of significant losses a little, but sometimes humans often have difficulty holding back their emotions when they are mentally and psychologically disturbed due to experiencing losses, which means that in my opinion trading in the crypto world is far away. more difficult than regular trading in the real world, the difference is that it involves mental and psychological as well as emotions and this is why many people fail and end up experiencing MC, so trading in the real world can perhaps be used as the main income to meet your needs. life but if we talk about crypto then I think this is too risky, therefore we are always advised to have a main income in the real world if we want to get involved in the world of trading.

It's true but the logic of trading is there and we carry that for the rest of our lives. So, if it's possible to do it in real world and we do trades for our living.

This is also possible to do in online trading if you're in the crypto market. Whatever the fate is giving you with these opportunities, all you have to do is focus on it and be better because if you're not doing good on it, then someone out there practicing trying to be the best.

But we know that there would really be those people who would really be tending to take up the risks and this is why they would really be loving on taking up such step because they do know
that there are really some chances that once they do able to get it well then it would really be something that would really be rewarding but of course its something that not giving that positive results all the time.
No one would be on their right minds on quitting or resigning their job directly without assuring that they could sustain themselves on doing trading. Just like on what said that it is really just that for side income
and if it turns out that it would really be giving out something more bigger then its good but not all the time that certain persons would be able to experience such condition.

Its not a lifetime job but its something a skill that you could be able to use it forever and if it turns out that you are really that better into this one then it would really be
an advantage and something that could benefit you out.

If a person wants to lead his life depending on trading then he will do great stupidity. I think people who are smart always do trading along with working. Because working will get a certain amount of salary every month with that money to meet the needs of all the family members.  It can be done. And if I wait to run the family with the money from trading profit, it would be a big mistake for us.

Yeah, I couldn't imagine myself being a trader for 20 years, I'm sure there is a time when we feel bored and tired of doing this every day.
It will say something that even even we are successful in this field, it will be going to happen that we look for something new. Another earning opportunity that will excite us like we felt during our early days in trading. I don't think I am just the one who feels this but I believe that the majority felt the same.
In fact, some people resign from their stable jobs even though they already have higher positions and a huge salary because they are not happy anymore. Because life is not all about money but also, about finding happiness and life fulfillment.

well, trading in real life is very different from trading on the internet. In real life, we carry out trade and transactions with basic needs and whatever we need. Meanwhile, on the internet, we trade the assets we own. If we focus on building a living from trading on the internet, it is possible, but it requires a strong foundation. We have to be able to meet all of life's needs that we have before we can be successful, and that is a difficult thing. In fact, I believe that even professional traders do not focus on trading. They probably have businesses they run out there.

Of course this will be very difficult if we only rely on income from trading and also we don't know for sure whether we will be able to get regular profits from trading and it would be better to have another source of income that can meet their daily needs and we can use the profits obtained from trading for the desires we need and it would be even better if we could use the results from trading to be able to invest in our future.

Once that people would really be tending to fixate up their mindset or the beliefs that they do have then for sure they would really be doing it no matter what others would be saying on which
it would really be just that something that cant be changed up because people would really be indeed seeing that this is something that will really be changing up their lives on the time that they would really be doing it right. Yes, trading could really give out that kind of life changing opportunity if you are really that someone whose really that serious when it comes to be that profitable with trading.
It isnt a job but something that could be considered to be a side job but it could potentially be able to surpass your main jobs salary or earning if you are really that good on doing so.

There are really just that some people becomes that too impatient and really having that kind of approach towards trading that this is some sort of last resort but its not.
Being that too delusional what makes that tons of mistakes.

And while some are discussing about trading isn't a full time job, here goes some about telling that bitcoin isn't a life time job.

There's so much in life and we can't stop people from doing things that we like. It's true that ecommerce has changed nowadays and the same goes in trading.

In life, we've been doing a lot of trades and this is the career that a few risk takers chosen as their paths.

I completely agree with that because even if a person is earning good enough money from trading it doesn't mean they can continue to do that forever, and one needs to have some skills that they can utilize in case their current source of income isn't working out for them, and these things happen in life and I say this because I have experienced it myself. You can't rely on a single thing to feed you your whole life, and you will need to find multiple ways that you can utilize when there is a need for you to earn money from a different means than what you do now.

So, even though I agree with the fact that one can earn a living through day trading if they gain enough knowledge and understanding and have enough money to use for it, I also believe that one should be skilled in other things as well because it can't be considered something you can do forever and even if you can, you should still acquire extra skills.

You mean trading of goods on which in the main concept then this is something understandable or acceptable but we arent talking with that kind of trading but rather trading up with online assets or whatsover that correlates to it. This is a different market which does need up with that similar kind of approach on which to buy low and sell high thing but we know that this isnt something that you would really be able to grasps up well
on the time that you would really be able to make yourself engage with it but just like on what most people been saying up on here on which this is something that you could changed up your life
if ever you do make yourself that do have that good way or being that profitable.

Learning up this trading skills isnt really something that you could really be able to make yourself that be able to acquire or attain in a short time. You would really be
passing up tons of trials and error or does still take a very long time for you to be able to get into it.

Op I don't agree , In ancient times people had only one business, and that was trade. Trade used to run smoothly before, but times have changed. It is no longer necessary to confine the trade to an aerial shop or shop .
Online commerce has opened new doors where people easily sell their products worldwide and people run their business from home , increasing both their sale and profit.

This new style for trading has helped people to reach their destination , and it has become easier to achieve . Thus  direction of commerce has changed and it's new form is online commerce which is the meaning of today era.

Yes no one can lead a happy life depending on trading only without other sources of income. Because although good amount of profit can be obtained from trading, it is not always able to give profit and besides, there are many times of loss. So besides trading everyone must have a regular source of income with which he can lead a happy life. And trading has to be used for the purpose of living his luxurious life. Because regular profit is not available through trading but sometimes very big profit is available from here.

True, everyone can make a profit in trading if they have the ways and tricks along with understanding the concept of the market, on the other hand yes you are right that in trading strategies must always be changed or that means one must have at least more than one strategy to make a profit because as we know about the nature of the market where the market is always different over time and by having more strategies then most likely you will also be able to take advantage of every market situation. In my opinion, it is not the strategy that does not work but the problem is that often a trader is wrong in using his strategy where they use strategy A in a market that is B, meaning that it is an inappropriate moment to enter the market with an inappropriate strategy, this is why every trader must understand the habits of the market movements that occur at any time.

But it is a fact that no matter who it is including professional traders can never avoid the possibility of loss, but they have a lot of experience that can make them know what to do and what to avoid in every condition, I see that professional traders are those who have many ways to turn decisions into profits but together with smart risk management which ultimately makes them succeed in getting greater profits than losses, but for the problem of whether trading can be made a lifelong profession or not I think it depends on the person, if they are able to do it well then no problem.