Topic: Is trading an occupation? - page 9. (Read 1095 times)

Trading is an occupation. From the simple meaning of occupation - a job/day job, profession, line of work, career. So trading can be considered an occupation. A lot of people are already into trading even before crypto market is born. Many people are making this as a full-time career opportunity and making it as a living. But you can be a part-time trader or just an occasional trader who is after for additional income.

well i would say that if you prefer trading over all other jobs in your life then obviously you will achieve much more as compare to doing office job, trading in my point of view is one of the finest jobs until and unless you are expert in it.
the other thing i should clear to you is that trading and gambling are the two different things as trading is to investment and gambling is to playing, and as far as i know trading is not prohibited in any religion.

Trading is an occupation when you prefer trading from all of your activities and you have spent much time, knowledge, money, earnestness. You have to take it as a fascination and try to gain skill as a professional. You have to research that and keep learning. If all these things include yourself then trading will be a career for you.

Trading is not gambling in any form, but it can regarded as risky way money can be gained or lost, that is the similarity trading shares with gambling. But there are many speculative and analytic ways to trade for profits which gambling can not offer, also trading is not about luck while gambling is about luck. If trading is professionally learned and if a trader graduate in knowledge and experience to making profitable trading with patience, these type of traders will be successful. It is not about what any one says, it is about what you have believe in, if people can not provide you money to live in life, if trading is a good way you learned and know, why not trading, but trading is risky. There are many professionals that has nothing doing than trading, and they are making it even than people working under companies.

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I do not know about all religions, but I have not seen any religion that against trading, but there are many that against gambling

You should check out hedge funds, they're basically traders. There is no need to question whether trading is a job or not, the question should be how good you are when you do it. If you're terrible, then you won't make any money, and you'll probably lose more than you can chew.

If you want to question whether trading is rightly aligned with religious beliefs or not, I think this is not the right place.

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 know of so many who dropped their jobs to take up trading as a life time carrier despite the volatility of the market. A whole lot made hudge fortune from the market. So many made what the have never achieved throughout their life time in office jobs in few trades. Some other set abandoned their jobs and took up a carrier in trading mentorship. This has brought hudge fortune to traders who understand their market analysis at large.

Would trading be called an occupation if this be the case. I ask because I see a whole lot of persons who see trading as gambling and even discourage prospective traders not to venture into such. Is trading really gambling or does it in any way have similarities with gambling. This part has to be clearified because it is really bringing heavy argument in our society.

Most religious bodies still kick against trading with the view that it is a form of gambling that has 60% certainty if traded with caution. But if the certainty is above average then why do we still regard it as gambling?

From: https://www.ig.com/en/cryptocurrency-trading/what-is-cryptocurrency-trading-how-does-it-work

We could define crypto currency trading as follows:
Cryptocurrency trading involves speculating on price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.

What could we deduce from this. Could there be a contrary view. Because for me crypto trading can be classified as an occupation in at this point of the world's evolution especially in underdeveloped and developing nation's where unemployment is hitting the peak of the day. Crypto trading could be an alternate source of lively hood which could payoff most of the bills some highly paid jobs can not attempt to clear off. This post isn't meant to discourage you from your job. It's only an eye opener. Crypto trading can still serve as a side hustle to settle bills before the arrival of our large salaries.