I don't know why you associated Jobless to trading and make trading sound like some shitty thing to do...
Just so you know, you can actually make more money from trading than what a doctor or an engineer can make, so let's not belittle it !!!
And like any other profession ,one requires the knowledge/education to be good at what they venture into and this will need you to invest the time and money to succeed!!
Btw, trading isn't only for jobless people...people wanting to have an extra income do actually trade including doctors,engineers, uber drivers etc and once they find the financial freedom some actually go in as full time traders.
Topic: Day trading is perfect work for jobless peoples - page 6. (Read 2054 times)
Why is your topic misleading? You topic is quite different from what you are agitating. How does day have something to do with family?
Maybe it's just how you felt but everyone has a choice to for what they know how to do bets reather that attacking or insulting without any logical reason to back up you claims. I was once a day trader just like everyone of my friends who love to scalp and hold trades for number of daysm everyone know where they are good and what works for them and it will not be wise if try to attack other people's opinions or the way they like to trade.
If you manage to make money from day trading, then do not pay attention to the advice of other people who have failed in this business. Day trading is too complex a job that requires constant concentration and quick reaction when necessary. For me, this is also a very difficult task, so I gave it up and prefer medium and long-term trading. Sometimes I can take short trades when I see favorable conditions for this, but these are exceptions to the rule.
It's not only day trading we have buddy, we have Scalping, swing trading and position trading, so we definitely have different categories of Jobless people out there if they come to the aspect of THEY WANT TO TRADE. So they probably will choose what style will work for them... so I can't rely solely by saying DAY TRADING IS THE ONLY PERFECT TRADING FOR JOBLESS PEOPLE
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.
Sounds good but it doesn't really work that way, how would you sustain your expenses? how would you sustain your capital and profit?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.
Do you think that trading alone could support you or your family?
You need other source of income to continue on trading because it wouldn't always be successful in trading the market bleeds do you think that you would survive those days if you only depend on crypto trading?
If you would only depend on your investment or trading what would happen if things doesn't work out? how would you support yourself or your family?
We've seen there are moments on which the price isnt really that moving that much or having that sideways which means that what if you cant make out some cash out or profit on that day?
What would you gonna do? Just like on what you had said that it isnt really that just that right on making it as a main source of income knowing that the market isnt really something predictable.
It would really be just that good as a side income, but having that main source then its not something dependable. We do even know that this isnt talking about making profits or money but also
losing too on which its the other side of things which its indeed the reality on dealing up with this. If you dont have no job then better find one, never ever consider
trading as your alternative because it would really just making you rushed up and be desperate.
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.
Sounds good but it doesn't really work that way, how would you sustain your expenses? how would you sustain your capital and profit?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.
Do you think that trading alone could support you or your family?
You need other source of income to continue on trading because it wouldn't always be successful in trading the market bleeds do you think that you would survive those days if you only depend on crypto trading?
If you would only depend on your investment or trading what would happen if things doesn't work out? how would you support yourself or your family?
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.
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.
Why is your topic misleading? You topic is quite different from what you are agitating. How does day have something to do with family?
Maybe it's just how you felt but everyone has a choice to for what they know how to do bets reather that attacking or insulting without any logical reason to back up you claims. I was once a day trader just like everyone of my friends who love to scalp and hold trades for number of daysm everyone know where they are good and what works for them and it will not be wise if try to attack other people's opinions or the way they like to trade.
Everyone wants the freedom to run their shit without being under the control of anyone but where that person would get it wrong is by focusing on becoming only a day trader whereby there are other side hustles to live up to that is not as risky and unpredictable as trading that can still give the person the freedom he ever needs.
Many people that are found engaging in trading as day jobs are those that have made mastered trading and have made millions out of it. Although they have losses. They decide to give trading their full attention since they pay their bills from it.
Trading can be hectic and difficult to figure out its next move. That's why it needs 100% concentration when engaging in it
People should really be having that realistic approach whenever they would really be tending to dive in on a certain situation on where they do believe that it would really be making a big change.Many people that are found engaging in trading as day jobs are those that have made mastered trading and have made millions out of it. Although they have losses. They decide to give trading their full attention since they pay their bills from it.
Trading can be hectic and difficult to figure out its next move. That's why it needs 100% concentration when engaging in it
For those people who doesnt have that idea or zero knowledge would definitely be having those kind of wrong assumptions that it do really fits on what they've been looking for.
Day trading isnt something a perfect work for jobless people, this isnt something that you could deal of it easily. This isnt something that everyone could handle or they could really
be that profitable.
Yes, you could really quit up your job on the time that you do go full time with trading but be sure that you would be finding yourself that profitable or sustaining.
This isnt an option and on my case on which i do make trading as a side hustle on where i do potentially able to make extra income.
actually day trading is not only for people who are unemployed, but more to those who can afford to do day trading. even working people can do it by way of pending orders by providing targets and stop losses, after that they can carry out other activities, it all really depends on the situation of each trader how to work around this. but indeed with more free time it would be better to do day trading. of all that the most important is each strategy and good knowledge
Everyone wants the freedom to run their shit without being under the control of anyone but where that person would get it wrong is by focusing on becoming only a day trader whereby there are other side hustles to live up to that is not as risky and unpredictable as trading that can still give the person the freedom he ever needs.
Many people that are found engaging in trading as day jobs are those that have made mastered trading and have made millions out of it. Although they have losses. They decide to give trading their full attention since they pay their bills from it.
Trading can be hectic and difficult to figure out its next move. That's why it needs 100% concentration when engaging in it
Many people that are found engaging in trading as day jobs are those that have made mastered trading and have made millions out of it. Although they have losses. They decide to give trading their full attention since they pay their bills from it.
Trading can be hectic and difficult to figure out its next move. That's why it needs 100% concentration when engaging in it
I am half disagree with this OP, I believe trading will be perfectly suited for jobless people "IF" they are very good in trading. But if someone is jobless, and with zero knowledge in trading. You will end up being a homeless guy as being jobless and your remaining money will become liquidated. Be sure to become knowledgable first before risking your emergency money.
I think you definitely need your own capital when you rely entirely on trading. In order to find a source of income for your livelihood, you need to acquire the skills and knowledge on trading thoroughly. If you don't have good knowledge about trading in general then don't take risk by trading it may result in loss of your money. If you are trying to make a living by trading then it will be good for you but start small rather than investing high amount of money. Surely if you start your business in this way you will find a good source of income in future. And from here you can save and create a good fund for the future and be particularly successful.
Of course, trading can be a potential earning job but the question is how these jobless people survive in a situation where trading never guarantees profit every day. They might start trading today but later on, they still then quit and take their money back as they can't hold. Because trading is not suitable for impatient people, not suitable for those who wanted to earn profit daily, and if we are looking into such thing, then trading is not the right place for them.
It is better to not rely on day trade for monthly income. We must have a main job in real life. Not every day we can earn profits from day trade, sometimes we must get losses. Even if someone can be patient, it is not enough to get money from trading. I guess even experienced traders must have main jobs in real life, they only trade for additional income. As far as I know, trading isn't an instant way to get money.
Well, personally I think that seeing trading as a job is something very good, but as long as that person has something good to hold on to, because at some point the market can come against you and everything can go wrong, I don't mind. I would take it as a job unless I have too much money and I don't mind losing it, but in the cases that I have seen that people who take the tradition as a job, very few are right, for me it is something delicate and that You must be very careful,trading is not like a casino where everything is left to chance, I think it is much more.
Of course, trading can be a potential earning job but the question is how these jobless people survive in a situation where trading never guarantees profit every day. They might start trading today but later on, they still then quit and take their money back as they can't hold. Because trading is not suitable for impatient people, not suitable for those who wanted to earn profit daily, and if we are looking into such thing, then trading is not the right place for them. 
A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment.
We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
Such person i'm sure are rare, what i know from my experience from everyone that have tried trading in their career is that most of them don't even qualify to be called making consistent income, sometime they lose sometime the win and losing is occuring more frequently. I don't know if someone have differing experience, but from what I can tell, majority of traders are just giving away their money to the big traders, meaning they are losing. even strategy of following technical analysis are called by some useless because even the whales use such strategy to determine on what the general public gonna do and then make decision against it so they got the upper hand in that case it just means that the bigger fish always swallow the smaller ones.We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
The influences of whales are still making a huge effect especially for those small time traders who are not willing to lose a lot, with some shake in the market, this kind of investors will sell their asset due to fear that they will be losing a lot, a psychological effect by big bag holders who wanted to make decent profits.
They are using their big capital to make some market movements, artificial shake that can affect small to average investors.
Just go with the flow on which you shouldnt really be contradicting specially into these kind of manipulative times where there's really a market shake off, but how we would be able to determine it?
There's no way on doing so, this is where experience would kicked in because you would really be having the idea on what you should gonna do on which most newbies or amateurs would really be
just easily panic on the time that they would be seeing some market decline or simply those deep reds on their portfolio.
Day trading isnt something that simple that you could deal with and easily mentioned with specially on being jobless.Its not your end game or viable option or really the hope on making
your life better.Yes, it could changed up your life in speaking about finances but acquiring or getting such skill and sustainability about trading is never been that
simple since from the start.It isnt really for anyone.
No i cannot think that. Anyone shouldn’t depend on day trading. It is not real thinking i think. Because trading has two parts, profit and loss. If you loss money then you will be frastated. And day trading is vary risky if market qill go your Against you then that trade will be long trade. So i am not positive for day trading. And i never think Day trading is perfect work for jobless peoples.
One of the most rewarding and challenging careers in the world is trading. Jobless people learning trading will be more worth. At the same time the risk factor also high. Trading is not easy like other jobs, first you have to thorough all the trading platforms. Trade for small small amount then you increase little by little.
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Yeah, its really hard when we can't meet our family's needs since it's our responsibility we find any way to fulfill our responsibility. But if I don't have enough money to fulfill my family's needs I will prefer on getting a passive income rather than risking my money in trading, Trading in crypto is really volatile we can't predict where the market will move although many decent analysis saying the crypto will go at a certain point.
I agree with you. It's sometimes very different having to work hard in order to be able to take up our responsibilities and handle the needs of our family, and in such a situation, it's really not so wise to start risking the little money they are getting on crypto trading because it is very risky. Crypto trading is more risky than holding Bitcoin. The reason is that during crypto trading, if the market becomes so volatile and you have set a very high leaverage, the capital of the trader will be liquidated, but in holding your Bitcoin in your wallet, there is still hope that when the bull market comes, there will be some profits to your holding.
Someone who is looking for a source of income should not just rush into crypto trading unless they have some other source of income already; otherwise, let them look into fulfilling their needs first or either look for another means of growing their income that is low-risk
A case to case basis where we can't weight the percentages of success, there are people who can really make it worthy to stay in trading and make a decent amount of profits, people who knows how to focus in finding the right patterns and good executions of strategy to make money from this venue of investment.
We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
Such person i'm sure are rare, what i know from my experience from everyone that have tried trading in their career is that most of them don't even qualify to be called making consistent income, sometime they lose sometime the win and losing is occuring more frequently. I don't know if someone have differing experience, but from what I can tell, majority of traders are just giving away their money to the big traders, meaning they are losing. even strategy of following technical analysis are called by some useless because even the whales use such strategy to determine on what the general public gonna do and then make decision against it so they got the upper hand in that case it just means that the bigger fish always swallow the smaller ones.We can't conclude that everyone will have a same outcome as there's some who can succeed and some who will fail.
The influences of whales are still making a huge effect especially for those small time traders who are not willing to lose a lot, with some shake in the market, this kind of investors will sell their asset due to fear that they will be losing a lot, a psychological effect by big bag holders who wanted to make decent profits.
They are using their big capital to make some market movements, artificial shake that can affect small to average investors.
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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, can be taken up as a professional career for those and anyone who choose, trading is a respected profession in the financial world, why? Because it's not an easy task to trade profitably, it takes good knowledge, mental and emotional strength and energy, mastering some type of skills like, ability to read charts and understand what all the patterns means, ability to use different types of tools to analyze the market, it takes this and more to really be a successful trader..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.
Banks and other financial institutions hire professionals traders to trade the financial market for them, and they pay this guys good money..
So don't see trading as a work for the jobless, because trading on its own is a great work and a really nice and respected profession any body who has its knowledge should be greatly proud of.
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.
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.
There is no doubt that many people are making good profits from day trading.But day trading is not that easy as it requires a lot of experience and hard work.Because trading is a platform where there is a lot of risk and also the market fluctuates a lot.Sometimes even good and experienced traders get lost in day trading.Often when you buy a token the price goes down a lot from there then you may have to wait a long time for it to go up.
I think you should take up day trading as a part time job but don't take it as a full time job.You should not only make daily trading as a source of your income but must do some other business along with it.
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