Day trading is perfect work for jobless peoples - page 12.

virasisog

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Quote from: asyezuner on April 02, 2023, 12:31:32 PM

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.

Day trading isn't for everyone who only want to earn without mastering it and considering its risk. Keep in mind that in trading, you would be needing capital and you have to invest time and eagerness to learn everything about it because if you are jobless and want to make money from it without enough knowledge about it yet, you could probably lose more. It's for people who are mentally, emotionally, and financially prepared.

tjtonmoy

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Crypto trading should never be the first choice of someone's primary income. You do understand that crypto trading comes with a high risk right? There are profits and loss both involved in crypto trading. Even the pros are losing now and then. So choosing it as a primary source of income puts you in a very difficult position in terms of emergency situation.
Not having another source of income could lead you to bankruptcy. And having something that gives you some constant income helps you to grow it more by putting them in your trading. And sometimes it helps to control your emotions after losing some trades. You can put more in your trade later on. But when you only depend on trading, it becomes difficult.

leonair

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Quote from: asyezuner on April 02, 2023, 12:31:32 PM

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.

Yes trade is like a business and there is enough freedom here. And there is no extra work pressure or office boss pressure. But one problem with this is that trading does not guarantee you regular profits. And investing here has high risk where you can lose your money. And trading cannot be considered as a passive income. So even if there is Freedom, you cannot run your family depending on it and it may not be able to meet your regular daily expenses. So it is foolish to depend only on trading without thinking of a job or any kind of business. You first need to find a source of passive income and then you can use trading as a source of extra income and it can be day trading or long term holding

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Quote from: asyezuner on April 02, 2023, 12:31:32 PM

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.

Well, everything is right but trading isn't for all. Those that have been making a living on it have a strong heart because the market is too volatile and strong and you want to hear a fact? Losers are more in trading than winners.
You may get all the freedom that you want when you trade and get to master it but it won't be an easy route for everyone who like to try it.
It is why whenever asks me how they can become a trader, I'm telling them that it's not easy and it will require them a lot of money, yeah for lessons from losing.

Huppercase

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Quote from: asyezuner on April 02, 2023, 12:31:32 PM

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.

Trading requires discipline, experience, and dedication; if you lack any of these, profiting will become a career that will reject you, my friend. If you want to become a full-time trader, you must understand how the market moves and the type of coins to trade in order to profit. The amount of profit a trader can make also depends on how reliable the market has been, if it does not have the public's interest, the coins will not move up very well, but when it does and everyone is interested in coins, it will be very easy to make some nice % from daily trading and don't forget that you need experience to complate it.

Baoo

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In general, trading crypto is considered as one the best sources of funds nowadays. However, without knowing the basics of this field professionally, you could not succeed or earn a large amount of money. In facts, it appears that daily trading is unprofitable during this period due to the market is extremely volatile, it is perilous to consider it as a full time job especially for beginners. And If your capital is not huge, it will be definitely tough to gain significantly in short term.

Moreover, it would be better if you focus on long term strategy instead of short one. In my opinion, it is more effective due to the current market’s condition is unstable and the crypto prices are volatile ( they go up and down) with low value. Hopefully the bull run is coming soon and everything is linked to Bitcoin. If it goes up, the whole market will rise.

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Quote from: asyezuner on April 02, 2023, 12:31:32 PM

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.

This is one aim I am fervently trying to achieve in the nearest future by becoming a day trader and fully become independent after quitting my 8-5 job, I wanted a freedom from my boss who always monitor our daily job done, though I am aware of the risk involved in becoming a full time day trader nevertheless there are countless number of traders whose only source of income is trading and are very successful in it, though it took them thousand of charting time and skills to achieve it, I am presently learning how to trade as well as trading live account with small fund with the aim of becoming full time trader, though the learning process had been very tough however I am getting well with the learning.

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Quote from: Alphakilo on April 08, 2023, 07:00:31 AM

Day trading is not really perfect for jobless persons because is more risky.

And because it was risky, therefore, we were also afraid. I don't think so. Why not try if this will work for us? Because nobody could say that we are not for trading until we try and see the results. If we think that all risky things are difficult and we have no chances, it means that we are closing our doors to improve and become rich. It is a negative mindset perhaps and that kind of thinking will give no way for you to grow but leaven on doubts and worries. And it means that we are losing our opportunities, I should not do that.

palle11

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A trader need to other jobs that he can source money from at least until a time he can be successful and consistently make profit from the trade. This means both scalpers and swing trader are involved. Op may be writing in terms of the availability of time for day trading because of the absence of job but it is not to think about it just on the straight way but to also look at the financial aspect of sourcing for funds if the account is liquidated. Every trader needs a source of income.

Alphakilo

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Day trading is not really perfect for jobless persons because is more risky.
As a jobless person who have some savings or some money with him, it is better not to use all you have to do a day trading. The risk involved is high and it is your only job. The best i can advice is to use some part of the money you have to do day trading so that you will loose everything incase the market changes against you.

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Quote from: asyezuner on April 02, 2023, 12:31:32 PM

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.

Get some passive income first I guess since day trading won't guarantee your earning, after you have a decent passive income you can try day trading and become jobless. Since day trading will fit to those who don't have a job I guess you can earn a decent amount to cover your salary when you're working in a company. It's perfect for those who are jobless but still it's not guaranteed to get profit every day so think carefully before you want to start becoming Day Trader.

justdimin

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Quote from: Hypnosis00 on April 07, 2023, 08:16:21 AM

Quote from: asyezuner on April 02, 2023, 12:31:32 PM

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.

For me, it was not perfect work for jobless people but yes, it was considered an option. And I say this because I want them to know that trading is not suitable for impatient people, not the right place to stay for too emotional as I don't want them to think that it was the last to take and to help them out from being jobless. Because the truth is that trading is stressful, yet also profitable but many people had fail and possibly they can be like them. It was not trading only a solution, we can also run a business if we can.

Emotions and pace is part of being unemployed. This depends on what type of jobless person you are, if you are unemployed because you quit your job and think you can find another job in a few months then it shouldn't be a problem and you can spend your days learning about trading and experimenting with it.

However, if you have an obstacle that prevents you from going to work, like you have to stay at home and take care of someone, then it is not a method for you because you may not make profit quickly enough and worse yet you may not even make any profit, which means that you will be putting all of your life in danger when you do that. I highly suggest people to take a look at it differently when they have a job instead.

Hypnosis00

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Quote from: asyezuner on April 02, 2023, 12:31:32 PM

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.

For me, it was not perfect work for jobless people but yes, it was considered an option. And I say this because I want them to know that trading is not suitable for impatient people, not the right place to stay for too emotional as I don't want them to think that it was the last to take and to help them out from being jobless. Because the truth is that trading is stressful, yet also profitable but many people had fail and possibly they can be like them. It was not trading only a solution, we can also run a business if we can.

Fatunad

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Quote from: rojan on April 07, 2023, 03:09:16 AM

Quote from: TelolettOm on April 06, 2023, 06:29:58 PM

Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

Undecided

I think if a person wants to depend on trading for his livelihood then he will make a mistake. One can never make a living by trading. Because there is no such thing as profit all the time in trading. There is both profit and loss in trading. You have to accept it and trade. It will be best if someone trades side by side with a job, then it will be good for him. And if he thinks about trading all the time without a job, then I see nothing but big stupidity for him.

He do really make a huge mistake because thats not easy as it sounds, you would soon find out once you do try it because dealing up with market is never been that simple on which you would be facing up that huge
challenged and its never been that simple on positioning yourself.Even just deciding whether you would buy or sell then it would be really a challenge this is why dont make yourself to have a living via trading.
Its good that it would really be possible once you do test out or deal with it but it would surely takes time and would be dealing with lots of losses because theres no easy way
on dealing up and also its not a work not at all.

rat03gopoh

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You are talking about the unemployed, who are generally classified as having difficult living conditions, trading is a profession that doesn't promise a stable daily income. Then OP's opinipn is just nonsense, even financial advisors won't recommend trading before you have a job or business that guarantees daily needs.

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Quote from: rojan on April 07, 2023, 03:09:16 AM

Quote from: TelolettOm on April 06, 2023, 06:29:58 PM

Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

Undecided

I think if a person wants to depend on trading for his livelihood then he will make a mistake. One can never make a living by trading. Because there is no such thing as profit all the time in trading. There is both profit and loss in trading. You have to accept it and trade. It will be best if someone trades side by side with a job, then it will be good for him. And if he thinks about trading all the time without a job, then I see nothing but big stupidity for him.

I think one can make a living by trading but it will be a rough start. Of course, in the beginning you are not sure when you'll have profit and it'll be difficult to live day by day. But if you have extra income that will help you to afford daily expenses, I think you'll do good. And I think it will really be helpful for you to do day trading. There are people in India who do that, a great country to live in for a day trader. You can read it here: https://www.kotaksecurities.com/intraday-trading/day-trading-for-a-living/

But for ordinary people who don't have that much, I think it's important to have be self employed especially if you don't want to have a boss. Also you'll have a more flexible time to do your trading. Being jobless is different from being self-employed. A self-employed person is someone who has started their own business or provides services to clients or customers and is responsible for generating their own income. They work for themselves and have more control over their schedule, workload and income. But jobless people may have their reasons, they may have retired, be studying or taking care of family and not seeking employment at the moment. They can do day trading as well, let's not discriminate them.

rojan

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Quote from: TelolettOm on April 06, 2023, 06:29:58 PM

Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

Undecided

I think if a person wants to depend on trading for his livelihood then he will make a mistake. One can never make a living by trading. Because there is no such thing as profit all the time in trading. There is both profit and loss in trading. You have to accept it and trade. It will be best if someone trades side by side with a job, then it will be good for him. And if he thinks about trading all the time without a job, then I see nothing but big stupidity for him.

gunhell16

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Personally, in terms of experience, I don't have a company or employer that I work for except for the sideline work or part-time income that I do, I often do day trading except as a long-term investor.

I don't get a lot of income from my day trading activity, but it's just enough to survive in life. And honestly, even though I have been here for a long time in this industry, I still do not 100% understand crypto trading, although the idea that I know is also helpful, for me, it is still not enough.

dunfida

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Quote from: TelolettOm on April 06, 2023, 06:29:58 PM

Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

Undecided

People should really removed that kind of idea into their minds because if they would be pushing up that kind of idea that trading does work on that way then for sure they would really be experiencing huge loss
because you would be pushing yourself that it would really be working on that way without even trying out to think up the real deal of this market.Yes, trading could give out that kind of opportunity on which
you could really be able to make yourself that get out on being poor or in poverty on the time you do make out some good trades but making yourself as a good trader isnt something
that anyone or everybody could easily pull off.

TelolettOm

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Day trading requires sufficient knowledge and not every day we can expect profits. I doubt that every jobless people can understand well day trading. Instead of earning profits, day trading may waste money if trading in a careless way. So, jobless people can't rely on day trading for monthly income, they need to find jobs in real life. It sounds strange that you can claim 'day trading' is perfect for jobless/unemployed people.

Undecided

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