Day trading is perfect work for jobless peoples - page 8.

Fredomago

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Quote from: Aanuoluwatofunmi on May 03, 2023, 10:30:32 AM

Quote from: asyezuner on April 02, 2023, 01:31:32 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.

Engaging in trading has to do with experience and being an expertise in trading, so this does not only get limited to a particular kind of trade we do, bit we have to achieve a practical experience in trading to help us have the very potential needed to make something out of if, it's not something that we make a daily income from even though we choose to engage with day trading, there's no guarantee we must make income everyday except that luck comes in for us.

You need to experience everything then enhance your skills to compete more accurately, the advantage that I can see is you have a decent amount of time to work on with your skills, the progress compared to people who are just using trading as side hustle is better, if you use your time accordingly then you will be able to manage things in the right manner.

I believe there's side of this statement where it fits for jobless people if they will focus in things that will bring them the success, but even you have lots of time but you don't use it as your advantage to enhance your knowledge, then that statement still invalid.

milewilda

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Quote from: Gallar on May 02, 2023, 12:00:12 PM

Quote from: asyezuner on April 02, 2023, 01:31:32 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.

I also believe, that every person on this earth, would want to get freedom, especially financial matters. But that doesn't mean that financial freedom means being unemployed, in fact, people who are already financially free, as far as I know, are more hardworking people. Because usually people who are financially free always have a forward mindset, such as opening a business and investing.
Talking about doing daily trading, it will definitely require a more thorough and more optimal analysis, so it definitely takes more time to do the analysis. But in my opinion, people who do daily trading (like in crypto), can be categorized as people who have a job, because doing market analysis is not an easy thing, it takes quite a long time so that the results are maximized and doing analysis is a job too. So in essence, when it comes to financial freedom, it doesn't mean being lazy and doing whatever you want. But financial freedom is a time when you feel that you have more than enough of your possessions, have enough income to live on, and are no longer worried about using your possessions. And if you want to reach this stage is not easy, it takes extra hard work to live it.

Having that kind of mindset on which you should be unemployed first before you would be having that chance on getting some trading and would make yourself that rich or financially stabled or freedom? This is something that is really just that too wrong to mind off. We know that trading is never been that easy or simple on which its not even an option for a jobless people to trade on and make this as a replacement for their jobs.
Its not a perfect thing but it wont really be that a bad choice too considering that this place or thing would really be that optional on which it would really be that just right that outcome could neither be sitting into positive or negative.It would all vary on how well you do make out trades and also instead of making money then you could lose either and this is part of the risks on which you should really be wary of.
Most mistakes and errors do occur when people do really have those kind of insights which arent even realistic at all.

The solution on this one is on having to look for some job as best as you could and on the time that you would be having your job then make trading as a side income if you are really that planning to widen up your
earning chances on which you could really make yourself that financially sustainable.

Aanuoluwatofunmi

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Quote from: asyezuner on April 02, 2023, 01:31:32 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.

Engaging in trading has to do with experience and being an expertise in trading, so this does not only get limited to a particular kind of trade we do, bit we have to achieve a practical experience in trading to help us have the very potential needed to make something out of if, it's not something that we make a daily income from even though we choose to engage with day trading, there's no guarantee we must make income everyday except that luck comes in for us.

devil2man

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While day trading it can be a way to generate supplemental income or even a full-time career opportunity, it is not an easy business and can be very difficult
Day trading has become more popular worldwide since the onset of the coronavirus pandemic, but the average day trader loses money
While some people may be interested in day trading as a part-time opportunity, it is important to note that it requires wealth, time, temperament, and skill to make money and sustain losses

rozak

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Quote from: GigaBit on May 02, 2023, 12:49:19 PM

But keep in mined that day trading is very risky. There is fear of losing money if there is a slight mistake. If someone followed proper way then it can be a job for jobless people where there is no specific income but there is a chance to earn good money if someone trade with knowledge and experience.

even though you have experience in trading, still day trading cannot continue to bring profits easily. Mastery of emotions is very important for day traders. it makes them calmly see the market opportunities they can get. and immediately leave the market when it is felt that conditions are not according to plan.
maybe some trade daily to make ends meet. but I'm sure the trading is done definitely with a large enough capital.

GigaBit

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Quote from: asyezuner on April 02, 2023, 01:31:32 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 can be an option for earning money but it is not applicable for everyone. Here those who will manage the trading with patience and control the greed and gain good knowledge about all the trading related matters will be considered suitable for trading. But it is not an easy task to profit by trading. This is an even bigger challenge for those who do day trading. It can be a good earning platform for those who are not yet engaged in any duty if they are able to master it they will be flourished.

But keep in mined that day trading is very risky. There is fear of losing money if there is a slight mistake. If someone followed proper way then it can be a job for jobless people where there is no specific income but there is a chance to earn good money if someone trade with knowledge and experience.

Gallar

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Quote from: asyezuner on April 02, 2023, 01:31:32 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.

I also believe, that every person on this earth, would want to get freedom, especially financial matters. But that doesn't mean that financial freedom means being unemployed, in fact, people who are already financially free, as far as I know, are more hardworking people. Because usually people who are financially free always have a forward mindset, such as opening a business and investing.
Talking about doing daily trading, it will definitely require a more thorough and more optimal analysis, so it definitely takes more time to do the analysis. But in my opinion, people who do daily trading (like in crypto), can be categorized as people who have a job, because doing market analysis is not an easy thing, it takes quite a long time so that the results are maximized and doing analysis is a job too. So in essence, when it comes to financial freedom, it doesn't mean being lazy and doing whatever you want. But financial freedom is a time when you feel that you have more than enough of your possessions, have enough income to live on, and are no longer worried about using your possessions. And if you want to reach this stage is not easy, it takes extra hard work to live it.

Ryu_Ar1

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Quote from: lalabotax on April 29, 2023, 05:59:01 PM

I will not say this perfect because not everyone is able to handle day trading. except that the person is really serious with the daily trading activities. for, it is complex and need high discipline and commitment. The discipline and commitment in every thing related to day trading, including the ability gained from learning.
however, it is surely if someone is really serious and learning about the best strategy to do day trades, this is exactly appropriate enough for jobless. Because they may have more times and enoguh energy to do day trading. Day trading may also need certain time to execute, and jobless may focus on it and have spare ttime to execute in the right time. But once more, it doesn't mean that it is easy even for jobless.

As you said, this kind of condition needs a struggle beforehand because of course there is more learning and conditions where we really have to be serious in doing it to be able to make this as an income even if we don't have a job.

But on the other hand no matter how strong and how good of course it is also still very risky and even not always in day trading it can be profitable I think.

Maybe I'm wrong in this but I'm still pretty sure, no matter how great the loss will at least be obtained at least once.

xSkylarx

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Quote from: Inwestour on May 02, 2023, 08:32:11 AM

Quote from: Awaklara on April 29, 2023, 05:33:53 PM

what to expect from a full trade? generate profits for daily needs? So if when you don't make a profit, what will the trader do to make ends meet?
Merchants are better off considering it as additional income. that's better. why should make it the main income? especially if it is a novice trader who has coincidentally gotten lucky with a few profitable trades. more of them are novice traders who do that. without knowing more the risks they face.

I am of the opinion that trading at the initial stage should always be perceived as an opportunity to make additional profit. Whether you have a job or not, it won't hurt you to try your best in trading. In addition, if you do not have a job and your financial situation is not the best, then I would not build illusions for myself that trading can become the main source of income in this case, since a series of unsuccessful transactions can leave you without money and this will be a very difficult situation. It is better to have a job and at the same time try how good you are at trading.

Also, most of the traders that I've known who are full-time traders come from full-time work and just got fed up with having 8- 5 work and are not doing it full-time, but there are others that still stay at work while trading. Though coming from someone who is unemployed and goes to trading, it wouldn't be successful for sure unless you came from a rich family and have a lot of money to spend on trading, but for sure he is not reachable and just wants to find a source of income.

Inwestour

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Quote from: Awaklara on April 29, 2023, 05:33:53 PM

what to expect from a full trade? generate profits for daily needs? So if when you don't make a profit, what will the trader do to make ends meet?
Merchants are better off considering it as additional income. that's better. why should make it the main income? especially if it is a novice trader who has coincidentally gotten lucky with a few profitable trades. more of them are novice traders who do that. without knowing more the risks they face.

I am of the opinion that trading at the initial stage should always be perceived as an opportunity to make additional profit. Whether you have a job or not, it won't hurt you to try your best in trading. In addition, if you do not have a job and your financial situation is not the best, then I would not build illusions for myself that trading can become the main source of income in this case, since a series of unsuccessful transactions can leave you without money and this will be a very difficult situation. It is better to have a job and at the same time try how good you are at trading.

jossiel

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Quote from: lalabotax on April 29, 2023, 05:59:01 PM

I will not say this perfect because not everyone is able to handle day trading. except that the person is really serious with the daily trading activities. for, it is complex and need high discipline and commitment. The discipline and commitment in every thing related to day trading, including the ability gained from learning.
however, it is surely if someone is really serious and learning about the best strategy to do day trades, this is exactly appropriate enough for jobless. Because they may have more times and enoguh energy to do day trading. Day trading may also need certain time to execute, and jobless may focus on it and have spare ttime to execute in the right time. But once more, it doesn't mean that it is easy even for jobless.

Day trading is brutal honestly.

Not everyone can attain the hurtful market all at once everyday. Ask real day traders if that's how they trade unlike the perspective and opinion from someone who think that it's profitable.

It's most of the time that it's not profitable and they're just learning also from their experiences that this market can be or not for them. And they realize that when they are either bankrupted or won with their trades.

FUCKBSVFUCK

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If you think that it is impossible to work for day work, then you may find yourself into quite a state of mind like a boss, a lot of people are already involved in day trading but this does not mean that it will be more effective than day trading. The good thing awork for an easy pay period and enjoy your day. You just have to find the right time to do the work. The good thing about day trading is that you can be profitable but you should be able to be profitable in this way.

lalabotax

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I will not say this perfect because not everyone is able to handle day trading. except that the person is really serious with the daily trading activities. for, it is complex and need high discipline and commitment. The discipline and commitment in every thing related to day trading, including the ability gained from learning.
however, it is surely if someone is really serious and learning about the best strategy to do day trades, this is exactly appropriate enough for jobless. Because they may have more times and enoguh energy to do day trading. Day trading may also need certain time to execute, and jobless may focus on it and have spare ttime to execute in the right time. But once more, it doesn't mean that it is easy even for jobless.

Awaklara

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Quote from: judaspriest on April 29, 2023, 04:10:48 PM

Yes trading is certainly full of risks which we cannot completely avoid,
knowledge and skills are needed in trading and if you don't have them then you need to learn,
relying entirely on trading is not a good choice because it is a risk.

what to expect from a full trade? generate profits for daily needs? So if when you don't make a profit, what will the trader do to make ends meet?
Merchants are better off considering it as additional income. that's better. why should make it the main income? especially if it is a novice trader who has coincidentally gotten lucky with a few profitable trades. more of them are novice traders who do that. without knowing more the risks they face.

DoublerHunter

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Quote from: Fredomago on April 29, 2023, 02:13:21 PM

Quote from: Dr.Osh on April 28, 2023, 10:43:52 PM

Quote from: JahriMeayer on April 28, 2023, 05:28:31 PM

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain

in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

They need to have a backup fund while investing, there's no guarantee that they will always have a winning trade, I see your point and I agree that the chance to improve your financial status can be done by using this venue of investment, but also not to forget about the risk that you need to take care as there's always a missed interpretation in this business.

Trading both short or long term is profitable to those who know how to manage their finances and how to anticipate the movement of the market.

Without the knowledge, even you have a whole time to trade, you will still suffer losing your initial investment.

^Stable source of income is very important to us and even for me, I will not risk my lifestyle by relying on an unstable source of income.
But if I were you, it may be wise for the unemployed to explore other sources of income while they work on building their trading skills and experience. This could include taking on part-time work or freelancing, or even investing in themselves by pursuing education or training in a field that interests them. Because on my own, is good to have a backup plan and to be prepared for any potential challenges or setbacks along the way. So find a stable job that gives a stable source of income and trading could be your alternative source of income.

judaspriest

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Quote from: Dr.Osh on April 28, 2023, 10:43:52 PM

Quote from: JahriMeayer on April 28, 2023, 05:28:31 PM

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain

in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

Yes trading is certainly full of risks which we cannot completely avoid,
knowledge and skills are needed in trading and if you don't have them then you need to learn,
relying entirely on trading is not a good choice because it is a risk.

isaac_clarke22

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Quote from: ?? on ??

It's important to remember that with freedom comes responsibility. Without a boss or structured work environment, it can be easy to become distracted or lose motivation. It's important to set boundaries and establish a routine in order to be productive and successful in a flexible work environment.

It's not only just that. Coming from my freelancing experience, another cons of having that kind of "freedom" is that you will have a non-stable income and that might not be great for those who have a family to feed. Sure flexibility happens to be there, but people should still consider that they would need money at any time.

If your trading experience gives you almost equal to your "9-5" job and you're already exhausted, you might consider just going back to your 9-5 work for stability and peace of mind. Back when I was freelancing and day trading, there were weeks of drought and you're just going to be stagnant for a while and that kinda sucks especially if you have bills to pay

Fredomago

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Quote from: Dr.Osh on April 28, 2023, 10:43:52 PM

Quote from: JahriMeayer on April 28, 2023, 05:28:31 PM

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain

in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

They need to have a backup fund while investing, there's no guarantee that they will always have a winning trade, I see your point and I agree that the chance to improve your financial status can be done by using this venue of investment, but also not to forget about the risk that you need to take care as there's always a missed interpretation in this business.

Trading both short or long term is profitable to those who know how to manage their finances and how to anticipate the movement of the market.

Without the knowledge, even you have a whole time to trade, you will still suffer losing your initial investment.

Dr.Osh

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Quote from: JahriMeayer on April 28, 2023, 05:28:31 PM

It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain

in the world of trading, you can lose your money if you are not careful. even though this is a job that has the potential to improve one's economy, many people forget about the risks of trading.
yes, trading might be very profitable full time, but I think the unemployed also need income from elsewhere just in case they don't succeed in trading. well, many people are successful in trading and succeed, but many are not. I'm just worried that the unemployed will be even more stressed if he doesn't have the skills and experience in trading as his main job later.

Fatunad

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Quote from: Cling18 on April 23, 2023, 11:13:13 AM

Quote from: Russlenat on April 23, 2023, 10:28:49 AM

Quote from: bittraffic on April 02, 2023, 05:30:47 PM

It can only be perfect when the person already has experience for a year or more. And even so, day trading can still disappoint him when the market didn't go his way. The crypto market is not as friendly as having a bull run all the time, it has its bear market which is very unpredictable.

Nowadays you can see people saying the bear market is over but you will be surprised that after a week the price will plunge to $23k. (Just my example of an unpredictable market) Becoming a day trader is not easy so I hope they won't leave their job and focus on day trading.

Day trading may be promising and profitable but not all day traders are meant to succeed. Some are just good at the beginning, but eventually lost their enthusiasm once they incur losses and end up quitting. The reason why it can’t be reliable and sustainable as a single source of income. So if you plan to be a day trader, never leave your job and think that trading will give you everything. Even successful traders do not rely on it solely, so how much more for beginner day traders.

We shouldn't disregard the fact that day trading is too risky so we can't consider it as a main source of income though it is undeniably profitable but it requires knowledge and full understanding. We can have it as a side job but not the only job that we should have unless we are well experienced and we're able to deal with the risks of the market's volatility. Having is formal job while doing it is still the smartest way to earn.

For those people who do believe that it might really simple as it sounds, then let them be able to experience that bitter scenario when facing or engaging with day trade.This isnt something that anyone could pull on,
considering that trading isnt really that just simple as it looks and sounds on where anyone could just simply decide and tell that they would be making trading as their main source of income or being that their main job.
It cant really be just that too easy and you would be finding it for yourself on how it would really be looks like. Having no job and making trading as your option or your last resort might make situations even gotten more worst because this isnt a thing that you would be dealing up with short time and you could be able to get a good hold or learning from it. Of course it would be taking a long time before you could really be able to learn up well. You cant really just simply say that day trading is perfect for jobless people, yes if you could be able to sustain but starting up would be the toughest challenge.

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