Is trading an occupation? - page 2. | Bitcointalksearch.org

Twinscoin2017

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Quote from: tobi4255 on April 20, 2021, 06:19:53 AM

I think trading is an occupation. When you invest your time specifically then it should be an occupation.
Though it's a risky occupation.

I also believe that trading is a kind of occupation it is a work that also needs effort to earn profit, you need to work or fucos on it to avoid a big lose, because trading is not an easy work it is a very risky work it needs experience and we need to be smart to avoid losing of funds. So we also need to be careful just like some other work for good.

tobi4255

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I think trading is an occupation. When you invest your time specifically then it should be an occupation.
Though it's a risky occupation.

Kong Hey Pakboy

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I think that trading is an occupation since a lot of people have in the financial industry are traders, it doesn't look like one because you are a freelance trader that doesn't work for a company. To everyone that considers making trading as an occupation, you probably have to really evaluate your skills because trading is not fruitful for everyone so if you think that you are not good, you should probably choose another career path.

FanEagle

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Quote from: dezoel on April 18, 2021, 06:31:00 AM

if you make good enough money that you can either keep making the same amount of money forever so that you can live with that, or even harder where you spend some of that money and you increase your capital at the same time just in case.

You mean that if a trader is capable of managing their trading capital without any need of refilling it and making good returns out of it, then such traders would consider their trading activities as an occupation? I can get you and it seems a really good point. Because, when you are needing to add more funds to your trading capital then there will be no point of continuing it. You must need to do so when you are not making profits and you are booking losses. When you never need to add more money to your capital, it means you are already doing perfect and making some returns from that will not be a problem for you. In this case you can continue it as your occupation.

Sinjokubhi

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Quote from: dezoel on April 18, 2021, 06:31:00 AM

Depends on how much you make? I mean if you think about it, if you make good enough money that you can either keep making the same amount of money forever so that you can live with that, or even harder where you spend some of that money and you increase your capital at the same time just in case.

If you are capable of doing these things (some people are) that means it is an occupation for you, I know people who have been trading for the past 3 years, dude took 30k dollars into 2 million dollars and that is his occupation, whatever he buys he buys from his capital and still managed to increase it, he quit his job and just does this full time for the past 8 months or so as well, he was in profit before that but he is now just way too rich to go to work anyway. So there are people who can do it as occupation, but that doesn't mean that everyone can do it.

Yeah, it all depends on the person. There are those who just fill their spare time to trade, there are people who make a living from trading. Of course, all of these options are yours, you want to have trading as your main job, or you just want to trade part time to fill your spare time, all options I think are equally profitable.

Usually those who do it as the main job will have a daily, weekly or monthly target. Depending on how, your ability to get it. For me, as long as it's enough for my daily needs, I think it's enough, and more profits can be saved for the long term in the future. Because, if we are too chasing the target, it will not be achieved, there are times when the conditions in the market are not good, it will make it difficult for you to get profit from there. Don't push yourself too much to chase targets when you are in bad shape, both physically and mentally, it can all cause a lack of focus and confidence to make decisions, as well as emotions that are chaotic. As a worker, don't be fixated on the target, but be grateful for what you get on that day. You can start again tomorrow, don't give up if what you find is failure, it is part of your process to move forward.

dezoel

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Depends on how much you make? I mean if you think about it, if you make good enough money that you can either keep making the same amount of money forever so that you can live with that, or even harder where you spend some of that money and you increase your capital at the same time just in case.

If you are capable of doing these things (some people are) that means it is an occupation for you, I know people who have been trading for the past 3 years, dude took 30k dollars into 2 million dollars and that is his occupation, whatever he buys he buys from his capital and still managed to increase it, he quit his job and just does this full time for the past 8 months or so as well, he was in profit before that but he is now just way too rich to go to work anyway. So there are people who can do it as occupation, but that doesn't mean that everyone can do it.

XZERO1

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It can be an occupation and a full-time job if you're one of those 5% of traders that are making decent profit on average and over all good at it, otherwise the answer is no if you're one of the 95% that sooner or later will end up losing money.

Also keep in mind that as of now we're in a bull market, and what it means is that it's just too easy to just buy something now and make some good money a few days later, but if you want to take trading as your full-time job you have to be good at trading on bear market too, which is the real challenge and will really test out your ability at trading under real pressure while everything is mostly going down and you probably have to start learning to short coins/tokens.

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Quote from: JohnBitCo on April 18, 2021, 03:59:12 AM

Quote from: bandungan on April 12, 2021, 04:30:55 PM

According to many people, there are those who can say it as a job, some say that it is a side job. It depends on their own perception in my opinion, because many professional traders say that trading is their main job. so back to your own needs

Most people treat business as a side business because normal trading does not require your full time. You can trade on your phone while being on your day job also.
Only a very few people who are mostly doing day trading needs a ful day focus on trading and therefore they can take it as a profession but for that you need to have a lot of experience in trading.

There are many people who make shit ton of money from trading and still consider it a side job. There are still many pro traders who have regular jobs, perhaps as a means to get their main income (although sometimes the money generated from trading is more). So it depends on how you think about it, if you quit your main job to pursue profit from trading, I think you can call trading your job.

JohnBitCo

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Quote from: bandungan on April 12, 2021, 04:30:55 PM

According to many people, there are those who can say it as a job, some say that it is a side job. It depends on their own perception in my opinion, because many professional traders say that trading is their main job. so back to your own needs

Most people treat business as a side business because normal trading does not require your full time. You can trade on your phone while being on your day job also.
Only a very few people who are mostly doing day trading needs a ful day focus on trading and therefore they can take it as a profession but for that you need to have a lot of experience in trading.

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Quote from: Fatunad on April 17, 2021, 06:51:49 PM

Quote from: blockman on April 17, 2021, 04:52:01 PM

It does fit the criteria and those who have become confident in it are going to easily make their lives better because they will only get into trading full time if they are quite good enough to make a decent living out of it.
Yes, definitely the risk is worth it if you have seen that your decisions made it well.

Possible but not all would really be that capable on doing so and only a few would able to make trading as a full time job or occupation which its true that it can be considered one.
This is truly attainable but not for all and it does take time and lots of efforts for you to reach out this certain state in a good trader or shall we considered to be a profitable one.
Trading could really be an occupation but going full time will really be taking lots of considerations whether you would go full scale on it or would be just good as a side income.
Not all would be capable but at least we are fully aware on the possible benefit that it can give.

Yes, it's already known that not all can be capable of becoming a full-time trader, and I said only those who are confident that can make a living do it.
Those that have decided to become full-time are the ones that have learned the hard way and they understand the fundamentals of the market and they know how to read charts.

martina14

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Trading in cryptocurrency is like an opportunity to everyone were We are all able to earn but also can loss our investment as well if we become neglectful in the end. It can also become a job as well depending on how you treat it but there is not fix amount of profit that should be done everyday, weeks, or months.

tippytoes

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Quote from: Fatunad on April 17, 2021, 06:51:49 PM

Quote from: blockman on April 17, 2021, 04:52:01 PM

Quote from: Oilacris on April 16, 2021, 03:51:27 PM

Quote from: blockman on April 16, 2021, 03:29:27 PM

Quote from: Saniati on April 15, 2021, 06:57:42 AM

I see some people left from Their job and accepted trading in their profession. So you can say it’s a profession.

Those people that have left the corporate job for the sake of trading, have found wealth and greatness on this occupation that they've seen.
It's better because they have already estimated the risk that they take and what's better on it is that the time they consume in the corporate job, travel and other stuff can simply be converted into their me-time.

We do have our own will on making out decisions on our own and switching into something had already been decided basing off with those considerations.We cant just risk off our day stable job
into something which cant give out assurance but once you do able to handle out yourself with trading then i would say that it is worth.

Occupation is something you've dealt with full time and i do consider trading will be fitting out on that criteria which is a considerable thing for it to be called.

Its up to someone on how they could able to retain and sustain themselves with the market.Yes, its a risky one but very rewarding.

It does fit the criteria and those who have become confident in it are going to easily make their lives better because they will only get into trading full time if they are quite good enough to make a decent living out of it.
Yes, definitely the risk is worth it if you have seen that your decisions made it well.

Possible but not all would really be that capable on doing so and only a few would able to make trading as a full time job or occupation which its true that it can be considered one.
This is truly attainable but not for all and it does take time and lots of efforts for you to reach out this certain state in a good trader or shall we considered to be a profitable one.
Trading could really be an occupation but going full time will really be taking lots of considerations whether you would go full scale on it or would be just good as a side income.
Not all would be capable but at least we are fully aware on the possible benefit that it can give.

It is true that not all can afford trading to be their full time job. If you are just a beginner, it is better for you to make your trading activities as just another source of income. But we can't deny the fact that there are really people who are in full time doing the trading. Those are people who already knows the ins and outs of this industry, and they can very well afford to live only with trading. For sure, before they gained such status, they experienced a lot of ups and downs in this market. It is not an overnight task to learn.

Fatunad

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Quote from: blockman on April 17, 2021, 04:52:01 PM

Quote from: Oilacris on April 16, 2021, 03:51:27 PM

Quote from: blockman on April 16, 2021, 03:29:27 PM

Quote from: Saniati on April 15, 2021, 06:57:42 AM

I see some people left from Their job and accepted trading in their profession. So you can say it’s a profession.

Those people that have left the corporate job for the sake of trading, have found wealth and greatness on this occupation that they've seen.
It's better because they have already estimated the risk that they take and what's better on it is that the time they consume in the corporate job, travel and other stuff can simply be converted into their me-time.

We do have our own will on making out decisions on our own and switching into something had already been decided basing off with those considerations.We cant just risk off our day stable job
into something which cant give out assurance but once you do able to handle out yourself with trading then i would say that it is worth.

Occupation is something you've dealt with full time and i do consider trading will be fitting out on that criteria which is a considerable thing for it to be called.

Its up to someone on how they could able to retain and sustain themselves with the market.Yes, its a risky one but very rewarding.

It does fit the criteria and those who have become confident in it are going to easily make their lives better because they will only get into trading full time if they are quite good enough to make a decent living out of it.
Yes, definitely the risk is worth it if you have seen that your decisions made it well.

Possible but not all would really be that capable on doing so and only a few would able to make trading as a full time job or occupation which its true that it can be considered one.
This is truly attainable but not for all and it does take time and lots of efforts for you to reach out this certain state in a good trader or shall we considered to be a profitable one.
Trading could really be an occupation but going full time will really be taking lots of considerations whether you would go full scale on it or would be just good as a side income.
Not all would be capable but at least we are fully aware on the possible benefit that it can give.

AWMM24

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Quote from: J1mb0 on April 04, 2021, 01:00:55 AM

I think trading is a profession and it appeared a long time ago, before the cryptocurrency market there were a lot of people trading on the Gold and stock markets.
However, this is a profession that requires a lot of things, you need to have experience, knowledge, skills and always learn.

I think Knowledge of the market is main thing you should have to know very first. without the market knowledge you are fail to to do anything.

blockman

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Quote from: Oilacris on April 16, 2021, 03:51:27 PM

Quote from: blockman on April 16, 2021, 03:29:27 PM

Quote from: Saniati on April 15, 2021, 06:57:42 AM

I see some people left from Their job and accepted trading in their profession. So you can say it’s a profession.

Those people that have left the corporate job for the sake of trading, have found wealth and greatness on this occupation that they've seen.
It's better because they have already estimated the risk that they take and what's better on it is that the time they consume in the corporate job, travel and other stuff can simply be converted into their me-time.

We do have our own will on making out decisions on our own and switching into something had already been decided basing off with those considerations.We cant just risk off our day stable job
into something which cant give out assurance but once you do able to handle out yourself with trading then i would say that it is worth.

Occupation is something you've dealt with full time and i do consider trading will be fitting out on that criteria which is a considerable thing for it to be called.

Its up to someone on how they could able to retain and sustain themselves with the market.Yes, its a risky one but very rewarding.

It does fit the criteria and those who have become confident in it are going to easily make their lives better because they will only get into trading full time if they are quite good enough to make a decent living out of it.
Yes, definitely the risk is worth it if you have seen that your decisions made it well.

famososMuertos

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Any activity that generates income and can be sustenance is an occupation, we are in an era of jobs or income that are not subordinate to old social schemes in how an income should be received.

In general, regular / traditional income or jobs are governed by schemes that subjectively measure your performance in a job regardless of performance, some traditional jobs with just presence is enough.

This is not new, it has always existed throughout the history of humanity to consider certain occupations as not suitable to be called "work" or qualify as professions, what happens is that most people are not used to taking personal challenges , professionals, always go for a secure income and you add that they continue to believe in traditional academic or empirical training, to carry out any activity that generates income.

There are many "new" professions above trading that can be questioned as occupations... by the way, many do trade through bot, who do we designate the occupation?

In the reality of the responsibilities acquired as head of the family or being +18, what is really important is that the activity or occupation you do is honest.

harapan

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Quote from: bekti3 on April 04, 2021, 09:23:09 AM

I agree that currently unemployment is increasing, especially when the pandemic hits. the increase is very drastic. and these conditions force us to move to jobs that are not controlled by one boss. with crypto trading, everyone is entitled to a special place. Crypto trading is one solution to reduce unemployment in every country. at the same time enhancing the economy of the community.

The current rate of unemployment is very high, cause during the pandemic last year so many companies offloaded their workers, and it seems it's going to take a while before the unemployment rate will be reduced, Crypto trading can help those unemployed people earn a living, but it's very risky as the market is very volatile and does some strange things sometimes, I don't think crypto trading would help reduce the rate of unemployment in a country that much.

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Quote from: rosebrand on April 15, 2021, 03:08:50 PM

Trading can be an occupation to someone who is good enough or better still a professional in trading, there are most successful traders who earned their one year salary in a month in trading crypto currencies after putting so much time in learning about trading, ok tell me what are we all working for? Is it not to make money! Or will you tell me you work because you enjoy the job your doing, if a person can make a fortune from trading cryptocurrencies and earn what is much more higher than what his occupation gives him tell me will such person not give up on his occupation and adopt trading as an occupation? The fact is trading is an occupation to those who are professionals.

Yes is an occupation, because you are constantly researching and looking for a way to take advantage of the market, sincerely I would like to deal only with trade, but for trade it is necessary to have a lot of money, to be able to make a very good plan and have enough money for basic expenses However, I consider that to become a professional is when figures of $1M are handled.

I have read many books about trading, I follow Wyckoff's philosophy and I am a big fan of Jesse Livermore, Livermore was a great market speculator, almost every stock that he counts in his book explains in detail how he approached them and how he won and how He lost, he became a millionaire 5 times and went bankrupt 5 times, however he managed to get ahead and was able to write his books in an impressive way, those advice he gives are level 1A, for me they were great trading professionals.

Sled

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Quote from: rosebrand on April 15, 2021, 03:08:50 PM

Trading can be an occupation to someone who is good enough or better still a professional in trading, there are most successful traders who earned their one year salary in a month in trading crypto currencies after putting so much time in learning about trading, ok tell me what are we all working for? Is it not to make money! Or will you tell me you work because you enjoy the job your doing, if a person can make a fortune from trading cryptocurrencies and earn what is much more higher than what his occupation gives him tell me will such person not give up on his occupation and adopt trading as an occupation? The fact is trading is an occupation to those who are professionals.

It is, either way, we consider this as an occupation or not, what most important is that we can make money out of trading.

Besides, we find out that some jobless people take this as their source of income. I'm not sure if they are doing great or not, or possible that they can get more money than having a job. In fact, some professionals are giving up their position just for this and they actually consider trading as their new proffesion. That is their point of view on Trading and we can't argue with other people if they don't think about it as that is also their point of view.

Oilacris

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Quote from: blockman on April 16, 2021, 03:29:27 PM

Quote from: Saniati on April 15, 2021, 06:57:42 AM

I see some people left from Their job and accepted trading in their profession. So you can say it’s a profession.

Those people that have left the corporate job for the sake of trading, have found wealth and greatness on this occupation that they've seen.
It's better because they have already estimated the risk that they take and what's better on it is that the time they consume in the corporate job, travel and other stuff can simply be converted into their me-time.

We do have our own will on making out decisions on our own and switching into something had already been decided basing off with those considerations.We cant just risk off our day stable job
into something which cant give out assurance but once you do able to handle out yourself with trading then i would say that it is worth.

Occupation is something you've dealt with full time and i do consider trading will be fitting out on that criteria which is a considerable thing for it to be called.

Its up to someone on how they could able to retain and sustain themselves with the market.Yes, its a risky one but very rewarding.

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