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Topic: Day trading is perfect work for jobless peoples - page 10. (Read 2054 times)

legendary
Activity: 2100
Merit: 1340
Some says that we should not rely on our 9 to 5 job. If your goal is to be rich, yes because it's hard to save up if our income is already fixed and most workers are also suffering from a small pay. Most workers are also working per contract. In other words, they can be removed after 3 or more months.

This is why it's important to have other sources of income. Trading is like any other things in which not all people can be good at but we must not afraid to try it. There are so many learning materials online that we can use. Some are hiring a mentor to make things easier. In our first attempt, we can use play money first. When using real money, we can start with a small amount. If things don't run well after several trades. That must be the time to move on.
Employment will not make you rich, it must be at least a private practice if you are a doctor or a lawyer, and that is not so easy.

You can try to get rich trading, but it's even harder than starting a small business, I'm talking about successful trading, that can brings you income. You can learn as much as you want and from anyone, but it will not be easy. And advice with a demo account is not a good idea at all, because I think that this is the same as playing monopoly, yes it can be interesting, but it has nothing to do with real trading and trading experience.
hero member
Activity: 2408
Merit: 584
We know that job is something that you could really fully rely since you do have that fix salary on monthly basis which we know that these things cant be applied to  those who do seek for jobs.It doesnt really fit out on
the criteria plus its not something that everyone could be able to do so without having any hardship considering that this isnt a thing that anyone could deal off easily with. Instead of making or earning money, you would rather be losing money instead if you dont be able to make it right.This is why  you should really be thinking up first on whats the risks involved so that you wont really be getting shocked if ever you would
be touching up yourself with some trading sessions, sooner or later you would be able to find out on whats the reality of this.
Some says that we should not rely on our 9 to 5 job. If your goal is to be rich, yes because it's hard to save up if our income is already fixed and most workers are also suffering from a small pay. Most workers are also working per contract. In other words, they can be removed after 3 or more months.

This is why it's important to have other sources of income. Trading is like any other things in which not all people can be good at but we must not afraid to try it. There are so many learning materials online that we can use. Some are hiring a mentor to make things easier. In our first attempt, we can use play money first. When using real money, we can start with a small amount. If things don't run well after several trades. That must be the time to move on.
sr. member
Activity: 2296
Merit: 360
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
On the contrary I disagree with your concept of day trading being a perfect one for "jobless" persons. Be it day or night trading it's expedient and wise you got a back up plan called a "job", else you be like a tree with no roots. Your root in this context is your job where you have to fall on to financially when all forms of trade's made fails.

And with a job that keeps you going through with your bills you don't get triggered to engage in frequent unnecessary risks in your trades because you need to amass much profit at once to cover up a pressing demands due to no other source of financial backup. Yes! Financial freedom is good but in your expedition to attaining it, you ought to do it wisely.
We know that job is something that you could really fully rely since you do have that fix salary on monthly basis which we know that these things cant be applied to  those who do seek for jobs.It doesnt really fit out on
the criteria plus its not something that everyone could be able to do so without having any hardship considering that this isnt a thing that anyone could deal off easily with. Instead of making or earning money, you would rather be losing money instead if you dont be able to make it right.This is why  you should really be thinking up first on whats the risks involved so that you wont really be getting shocked if ever you would
be touching up yourself with some trading sessions, sooner or later you would be able to find out on whats the reality of this.
hero member
Activity: 938
Merit: 605
Leading Crypto Sports Betting & Casino Platform
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
On the contrary I disagree with your concept of day trading being a perfect one for "jobless" persons. Be it day or night trading it's expedient and wise you got a back up plan called a "job", else you be like a tree with no roots. Your root in this context is your job where you have to fall on to financially when all forms of trade's made fails.

And with a job that keeps you going through with your bills you don't get triggered to engage in frequent unnecessary risks in your trades because you need to amass much profit at once to cover up a pressing demands due to no other source of financial backup. Yes! Financial freedom is good but in your expedition to attaining it, you ought to do it wisely.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Don't think it will be a perfect work for jobless people and on the hand it can lead to lots of losses.One need to have good knowledge and experience before he can make consistent profits from the market.A trading plan will also help in getting the most out of the market.One should have a good job and not just depends on one source of income for a good living.
Come to know that if we are jobless then we dont have money and if you do think that daytrade is the solution then better not proceed because things would really gotten worst if you do have this kind of

mindset on which you are really making trading as your last resort.Never ever tend to make use of your money on this way because once desperation calls then it would really be prone to lots of mistakes

and errors which is something that you should need to avoid as much as you could.Im aint saying that trading doesnt fit out into that criteria but we know on how risky it is
and its not something that everyone could be able to succeed out.Instead on making or generating income, you would rather lost up money instead.

Good point, desperation will push you to lose your money and most of the time if you are jobless you will have a hard time to produce money, day trading might be good if you have a decent amount of time and initial capital, it's not an easy process as you it is, there are many things and factors that you needed to consider before you decide to push your way and start your trade.

Always do your DYOR and see if this venue is fit for the kind of mindset you have, better to have another source of finances before taking your way into trading, especially with day trading.
hero member
Activity: 2996
Merit: 609
Don't think it will be a perfect work for jobless people and on the hand it can lead to lots of losses.One need to have good knowledge and experience before he can make consistent profits from the market.A trading plan will also help in getting the most out of the market.One should have a good job and not just depends on one source of income for a good living.
Come to know that if we are jobless then we dont have money and if you do think that daytrade is the solution then better not proceed because things would really gotten worst if you do have this kind of

mindset on which you are really making trading as your last resort.Never ever tend to make use of your money on this way because once desperation calls then it would really be prone to lots of mistakes

and errors which is something that you should need to avoid as much as you could.Im aint saying that trading doesnt fit out into that criteria but we know on how risky it is
and its not something that everyone could be able to succeed out.Instead on making or generating income, you would rather lost up money instead.
jr. member
Activity: 1890
Merit: 3
Don't think it will be a perfect work for jobless people and on the hand it can lead to lots of losses.One need to have good knowledge and experience before he can make consistent profits from the market.A trading plan will also help in getting the most out of the market.One should have a good job and not just depends on one source of income for a good living.
sr. member
Activity: 1470
Merit: 359
The reason why people wants to become a trader because they experiencing freedom that they didn't yet experienced before. It is a freedom to work whenever you want, freedom to buy whatever you want, to sell whenever you want and also to make money any time you want. Trading is a job that can give you freedom and also money but does this mean everyone can trade? The answer is yes but not all of them can make it to TOP. The TOP that I'm talking about is the status that the traders achieved and earned, it is where the best traders resides.

I do not agree that trading is the perfect work for the jobless people because for me it is the other way around, there is a huge probability that the jobless people stay jobless because they are lazy to work their ass off. They just anto sit in their chairs or to lay around at their house watching anime or movies. I just want to clarify things because trading is not easy as people thinks. It is one of the hardest job in the world because it requires a great mental flexibility, fortitude and good analyzing skills. The probability of losing of those jobless person immediately starting as a day trader is really high.
hero member
Activity: 868
Merit: 737
The question is, how long do we need to make us able to trade well? it will require a long process. And in the process where do we meet our needs? rely on family? it is an unwise choice in my opinion. Also in trading we will definitely need capital, where do we get capital when we have no income?
Maybe people will have different views on this matter, but I think it's better to find a definite job first, after that we can learn and make trading an additional income. Trading is not as easy as it seems, so decide wisely.
Good question, sometimes we need a definite job if fall in trading. I have experienced falling in trading in 1 day and woke up quickly after depositing again from my salary definite job. I just think if I don't have an outside job from trading, that will make the trader stress or maybe do criminal things to get money.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
Because based on my experience doing the 100$ I trade, if in terms of day trading the only income I get in 24hours is just playing with 1-5$ daily, it depends on the movement of Bitcoin.

       So what often happens is that I don't follow the time frame I'm doing because I usually have to extend because my target set up has not been reached with what I did to sell or buy. So for me, this title that you made is not advisable for those who are unemployed, especially if the person who will do it is a family member and doesn't know anything about crypto trading.
legendary
Activity: 3094
Merit: 1127
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I don't think so.

If you think day trading or whatever kind of trading is fun and enjoyable, you might want to rethink that again. Jobless people jumping to trading right away is a long run process of learning before they could totally enjoy trading because they are making profits. Also, if they don't have any savings, I don't see them doing trading as their job.

If they are desperate to look for money, then they should have not to involve themself in crypto trading or any trading sites as this is not suitable for such behavior. Because trading needs patience and if we are in a hurry as we really need to have money every day, trading can't help us instead, this will only cause losses.

Of course, they can try trading as their break time while looking for a stable job but must have to be sure that they already know how trading work. Otherwise, this will bring them hell and regrets.
Its true, it would really make things more worst on which you would really be that desperate which would be ending up on rushing up yourself on making profits on which we know that this doesnt fit out on this kind of market. Hurrying up or in a rush will really be not giving you good analysis which would result into lots of errors which is most likely to happen.This is why things arent really meant to be rushed up specially with trading.
You cant really make things to be that put on your favor because you would really be definitely be going to see different outcome, trading could be use as your main job but this wont really be that simple
as it sounds or looks. You might really be ending up on different way.Its a sidejob if you do have a current dayjob.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I don't think so.

If you think day trading or whatever kind of trading is fun and enjoyable, you might want to rethink that again. Jobless people jumping to trading right away is a long run process of learning before they could totally enjoy trading because they are making profits. Also, if they don't have any savings, I don't see them doing trading as their job.

If they are desperate to look for money, then they should have not to involve themself in crypto trading or any trading sites as this is not suitable for such behavior. Because trading needs patience and if we are in a hurry as we really need to have money every day, trading can't help us instead, this will only cause losses.

Of course, they can try trading as their break time while looking for a stable job but must have to be sure that they already know how trading work. Otherwise, this will bring them hell and regrets.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
Day trading will gives you good money,when you use it wisely.In day trading,you need to learn some basic to use it for the full time job.The first thing you need to learn from day trading is you need cash out with 5-10% from the invested money in 24 hours of time period.Secondly you should not depend on market pump to maximum value.You should buy with certain value and wait for 5-10% rise of profit based on your investment.Then cash out with 5-10 percentage of money,when the money was reached  as fiat.You can reinvest the same money on other cryptocurrency.Again get 5-10% profit from your investment,when this repeated for 10 times.You will have twice amount of invested money.
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I don't think so.

If you think day trading or whatever kind of trading is fun and enjoyable, you might want to rethink that again. Jobless people jumping to trading right away is a long run process of learning before they could totally enjoy trading because they are making profits. Also, if they don't have any savings, I don't see them doing trading as their job.

The question is, how long do we need to make us able to trade well? it will require a long process. And in the process where do we meet our needs? rely on family? it is an unwise choice in my opinion. Also in trading we will definitely need capital, where do we get capital when we have no income?
Maybe people will have different views on this matter, but I think it's better to find a definite job first, after that we can learn and make trading an additional income. Trading is not as easy as it seems, so decide wisely.
hero member
Activity: 1428
Merit: 513
Payment Gateway Allows Recurring Payments
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
I don't understand why you think of trading as effort-free and high-income work. Because, if you are doing a job, let's say of a database engineer, then you must be working between 5 AM to 6 PM at most(time could vary with different regions). But if you are a trader or a day trader in cryptocurrency then you are devoting your 24 hours of the day to trading. because you have to observe the market and your opened trades frequently and you will always be in some sort of tension due to a bad trade which could lose you all of your profits plus your own capital.

Day trading is not for newbies, because it requires a hell lot of experience and in crypto, you require more than a hell lot of experience because in other markets, patterns are more understandable and you have access to a bundle of analysis tools to make your profit confirm. But in Crypto, there are fewer tools and the market is highly volatile that you analyze it for one trade then you have to perform analysis before doing another trade in the same pair. I can agree with your query at one point that, jobless people do have a lot of free time to devote on trading and thus get more results than the ones having (devoting) less time.
legendary
Activity: 2464
Merit: 1102
I somehow still think that some people only expect returns from trades while they don't care about the risks. Even though trading is not as smooth as we think because price volatility will determine whether you will succeed in getting a return or even lose because of it. There are times when the strategy is not useful when the market trend changes not according to plan, it should be considered as a risk instead of ignoring it.

If actually day trading was the perfect job for whoever they were, then I think everyone would be trading instead of investing long term. I hope we understand how this market works and that perception has to change.
That's the issue, people think that if they put enough time in trading then they will make a profit but we all know the reality which is the fact that we are not going to end up with anything that good even if we put the time. Sometimes the market goes down and even if you are a great trader, you could still end up losing a lot of money and that should be an important case for you.

There are tons of people who ended up losing money even when they were veterans during 2022 because it was a bad market period. I understand that we shouldn't be upset about anything that would result with a terrible loss, because if you lose once, then when the market recovers if you insist then you could make a profit instead.
sr. member
Activity: 2436
Merit: 455
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

I don't think so.

If you think day trading or whatever kind of trading is fun and enjoyable, you might want to rethink that again. Jobless people jumping to trading right away is a long run process of learning before they could totally enjoy trading because they are making profits. Also, if they don't have any savings, I don't see them doing trading as their job.
hero member
Activity: 700
Merit: 577
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Jobless does not mean that the person is not doing anything extra to feed himself, jobless means probably the person is not working in government firm or private organization but he or she has works to do for survival. If I may put it in this way, day trading is meant for less busy persons and not jobless people. As it is said earlier, who is jobless is unknown.

Trading is something that needs focus and concentration and jobless people as op put are the frustrated people in the society so they might not do well in the trading business. But those who are less busy can perfectly do the trading and relax.
full member
Activity: 602
Merit: 129
Yes, that is achievable and might be an effective source of revenue.

This is not ideal, though, if all of your money comes from day trading, which may be risky and requires a lot of knowledge, ability, and experience to succeed. Even seasoned traders sometimes experience losing days. Day trading is too hazardous for anyone without a reliable source of income, therefore I don't believe that it's the ideal solution for jobless people. Keeping a standard employment is still a wise choice, as is searching for extra resources and beginning to trade for additional revenue.  Because not everyone is a good fit for trading.
sr. member
Activity: 1932
Merit: 370

You should not make yourself that too desperate or making yourself in a hurry when it comes on making profits with trading because this is something that cant really be that possible or simply that could really be that so easy to deal with considering that this market is really that volatile.Being jobless then your main priority should really be finding a job first and dont make trading as your primary option because thinking that this
is the solution of your hardship when it comes to money then you do got it wrong.There's no way that it would really be that so simple on which a particular individual would
really be able to take a good grasps on trading in a short time.
Trading can be done without having to work for another job, but this is only possible if you have been able to create some capital up to this point, part of which will be used for trading, and the other part will be a safety net for you.

I realize that I could not earn as much from trading as much as I can earn from my job and probably the first question is about the stability of income, but this does not prevent me from working at work and at the same time studying trading, although trading for me is now on stage of study and I can’t talk about any stable income in trading.

I agree with these, for someone starting on trading, it would be very difficult to see it as an income since there are still no assurance that profit is there to be an income. But for those who really puts an effort on kearning and mastering the trading, it is not that impossible to make it into a kind of job. So, I don't agree that it is just for jobless people. Also, for those who have actual jobs, I think day trading can still be done if you can be committed on doing so, since it would be an additional load for you to analyze and understand other than you job.
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