TRADERS are not UNEMPLOYED - page 2.

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Quote from: Bushdark on May 02, 2024, 02:03:56 PM

Many of the traders are not unemployed but self employed and one just need to know the difference.
Self development is very important for us to be a self reliable person in life not trying to accumulate different certificates so we can work with people that are going to pay us peanuts. I prefer self development a lot because this is the only way we can grow and make lots of money for ourselves without stressing ourselves during retirement age living a good lifestyle with beautiful vacations.
Traders are living their best lifestyle especially when they have become a successful trader.

To become a trader, of course we need to continue to be able to update the knowledge and skills that we have so that we don't fall behind and fail in the trades that we make because without knowledge and skills, of course it will be very difficult for us to earn income, so I I think it is necessary for us to be able to continue to develop the skills that we like so that we can earn income from what we do.
I agree with you, in order to be able to earn income that can meet the needs we need, of course it is important for us to be able to have skills especially as traders and we also have to continue to develop the knowledge we have in order to be successful as traders.

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Quote from: sokani on May 02, 2024, 07:18:22 PM

I think there's a misconception between the word employed and unemployed, traders are not employed, they're their own boss. And I think you'd agree with me that anything that generates an income or puts food on your table is a job. So in that regard, trading could be said to be a job but based on the risky nature of crypto trading, many persons do not see it that way. But the truth is some persons are making a livelihood out of it.

I see that it is true that there are those who make trading their job, but that doesn't mean that all traders make it their main job, because maybe they make it as a side job and earn income from other professions.
It is still called a job, because he can make money either as a main income to meet his living needs or only as a side worker, and other forms of trading that can make money can also be called a job, such as long term holders, he earns it just takes more time It takes a long time to make a profit unlike a day trader whose duration of making a profit is shorter but both can be said to be traders and that's a job.

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Quote from: MissNonFall9 on May 04, 2024, 12:48:50 AM

Quote from: sokani on May 02, 2024, 07:18:22 PM

And I think you'd agree with me that anything that generates an income or puts food on your table is a job.

This alone is enough to understand whether traders are unemployed or not. The main motive behind everything that every human does in this world is to manage the family keep the family members well and fulfill the need for self-esteem. So how do we exclude crypto traders from this perspective? With the change of time and technological development the work style also changes so crypto traders cannot be called unemployed.

As the years go by, we have to be able to see that things that make money are a job, like streamers, many of them are successful in getting a lot of money just from playing games or other things and then sharing it with their viewers

as well as trading, there are many tools available today that can help ordinary people to trade, so we can categorize trading as a job

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Quote from: In the silence on May 01, 2024, 05:13:59 AM

A trader is not unemployed; they just work hard for it to be enjoyed and used as an income. I am a trader and wanted to be financially stable without any side income to support my finances.

They can say unemployed maybe because they see traders are only at the comfort of their own homes and always staring at the screens of their devices but they don't realize that many traders are earning more than what can they get for a day and yes, it won't be possible if without a hard work. Trader or not, all wants to be like that or to be financially stable because that can give us a somehow comfortable life and a peace of mind.

To have a side income can allow us to earn more money but this can only be optional for some like you, if you think it's a bit time-consuming already and you think you are earning enough in your trading activities.

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Quote from: sokani on May 02, 2024, 07:18:22 PM

And I think you'd agree with me that anything that generates an income or puts food on your table is a job.

This alone is enough to understand whether traders are unemployed or not. The main motive behind everything that every human does in this world is to manage the family keep the family members well and fulfill the need for self-esteem. So how do we exclude crypto traders from this perspective? With the change of time and technological development the work style also changes so crypto traders cannot be called unemployed.

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Quote from: Alphakilo on May 02, 2024, 05:03:23 PM

Quote from: electronicash on April 28, 2024, 06:24:09 PM

you will only be considered better when you bring much money to the family. whether you see yourself as self-employed because you trade or just unemployed it doesn't matter to the eyes of those who judge you. if you don't wear your pants, you're unemployed that's what they see. you can either ignore them and mind your own business.

or let them know you pay your rent yourself or contribute to the family and it comes from your pocket because you have a job online. you just have to show your achievements, those kinds of people are materialistic, they need to see your expensive car. Grin

And the truth is nobody cares. Traders should work hard.

Traders should do whatever it takes to provide the basic necessities for their families. In the world we live in now, no one should get bothered about being called unemployed. Roll up your sleeves and work really hard because only people who matters are your family and parents.

I also like to think that any trader who doesn't want to be called unemployed should change their routine.

The trader can also set up a small websites to write about training and everything about.

Before the pandemic, it was very common that someone that worked from their home was considered by their neighbors as unemployed, as they could not conceive the idea that someone could earn a living from their home, but the pandemic changed all of that and now people realize that there is a plethora of jobs which can be done online and you could still earn a good salary out of them, so I would suppose that most traders have gotten rid of those confusions long time ago.

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I think there's a misconception between the word employed and unemployed, traders are not employed, they're their own boss. And I think you'd agree with me that anything that generates an income or puts food on your table is a job. So in that regard, trading could be said to be a job but based on the risky nature of crypto trading, many persons do not see it that way. But the truth is some persons are making a livelihood out of it.

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Quote from: electronicash on April 28, 2024, 06:24:09 PM

you will only be considered better when you bring much money to the family. whether you see yourself as self-employed because you trade or just unemployed it doesn't matter to the eyes of those who judge you. if you don't wear your pants, you're unemployed that's what they see. you can either ignore them and mind your own business.

or let them know you pay your rent yourself or contribute to the family and it comes from your pocket because you have a job online. you just have to show your achievements, those kinds of people are materialistic, they need to see your expensive car. Grin

And the truth is nobody cares. Traders should work hard.

Traders should do whatever it takes to provide the basic necessities for their families. In the world we live in now, no one should get bothered about being called unemployed. Roll up your sleeves and work really hard because only people who matters are your family and parents.

I also like to think that any trader who doesn't want to be called unemployed should change their routine.

The trader can also set up a small websites to write about training and everything about.

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Quote from: chigo on April 28, 2024, 05:39:57 PM

Quote

There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

Ignorance and understanding is what make some people to assume and because they don't find curiosity in things they don't understand, they sleep on what they know only which is a very bad behavior.

I think I will call trading as a side husle and not necessarily been called a job because a job is something you do and you get paid for that your time spent doing the job but in trading, I'm not sure everyday is profitable to make money, there are days you make money and there are some days you might not make nothing, it's not a steady place where you can make money but there are days you can make something good.

The amount you make also depend on the amount size, if you do futures then I will consider the leverage position you trade with and how volatile the coins you trade, some coins on a good day can give you 5% and some can give you 15% on average, so this factors determine what you make for that day provided that the market is healthy for trading.

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Many of the traders are not unemployed but self employed and one just need to know the difference.
Self development is very important for us to be a self reliable person in life not trying to accumulate different certificates so we can work with people that are going to pay us peanuts. I prefer self development a lot because this is the only way we can grow and make lots of money for ourselves without stressing ourselves during retirement age living a good lifestyle with beautiful vacations.
Traders are living their best lifestyle especially when they have become a successful trader.

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Businessmen are not unemployed if they have the right skills they choose business as a profession to earn profit and meet daily life needs. But before that you should learn about the trade well and start working according to the plan. If you are good at trading you can start trading and apply strategies on real account. For this you only need to have interest in knowing and learning about this subject. It will help you to trade safely and get good results in reality.

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Quote from: Oshosondy on May 02, 2024, 05:01:35 AM

I am happy to finally see people posting good about this. You are also right. But did you know that 80% of traders are losing? I have read more than 10 researches that make me make that conclusion. The results in those researches are similar. That most traders are losing. The result of trading is much more like the results of the researches on gambling.

Same here. Salaried job is not the same as self employment, and trading... as I pointed out above posts, a lot of people trade without the same discipline or investment as a job, so I don't really consider them the same. I was trading years and never said it was my job so I think anyone who's offended by it needs to look in the mirror.

And good point you brought up about 80%. I talk about it ALL the time. It's not a fixed number but for sure 80% is not a far estimate and this is from NORMAL trading (forex, stocks etc).

I bet you crypto traders are even worse as most of them are gambling on shitcoins and scams you would see very less of in stocks/forex.

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Quote from: rodskee on May 02, 2024, 04:57:18 AM

While this is correct consider as a Job yet remember that a Job must be providing or generating
income and so if that trader is making money from the platform he is trading then indeed this is a job
but if not? then I believe that this cannot be considered as employment because you are not getting
paid from your job.

Yes, traders may be able to make huge profits in their initial trades. but in the next few trades the profit may not be with the trader. That's what makes trading unable to be a job.
however, we work to earn money to meet our needs. and in trading, some plans should not be missed. which makes bad trading a job when you trade with the pressure to make money to meet urgent needs. it can go beyond the plans that have been made, and in the end, it will be difficult to make a profit.
maybe some do, but after trading long enough I think they will be able to judge the effectiveness of making money from their trading or real work.

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Quote from: rodskee on May 02, 2024, 04:57:18 AM

While this is correct consider as a Job yet remember that a Job must be providing or generating
income and so if that trader is making money from the platform he is trading then indeed this is a job
but if not? then I believe that this cannot be considered as employment because you are not getting
paid from your job.

I am happy to finally see people posting good about this. You are also right. But did you know that 80% of traders are losing? I have read more than 10 researches that make me make that conclusion. The results in those researches are similar. That most traders are losing. The result of trading is much more like the results of the researches on gambling.

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Quote from: chigo on April 28, 2024, 05:39:57 PM

Quote

There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably.

this original topic comes from a local topic that I created
Read More: https://bitcointalksearch.org/topic/m.62727614

While this is correct consider as a Job yet remember that a Job must be providing or generating
income and so if that trader is making money from the platform he is trading then indeed this is a job
but if not? then I believe that this cannot be considered as employment because you are not getting
paid from your job.

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Quote from: Kelvinid on May 02, 2024, 04:52:44 AM

That will depend on how we look into it. If ever I consider this as a job, it means that I make money from this.

You really understand what that I am talking about. Trading should not be considered a job until you traded many times for over a long period of time that you can consider it as job. But we should not mislead new traders and saying trading is a job. It is too risky to be called a job.

Some people said trading is a job on this forum, forgetting that some people are newbies. If you can find out very well about them, you will know that they are not trading in real life. Those that have much knowledge about trading on this trading discussion board, I know them and they said it should also not be taking as a job because they how trading is in real life and not just read an article and conclude that trading is a job.

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Quote from: Oshosondy on April 28, 2024, 07:31:18 PM

Not all traders can use trading to make money. According to some reports that I have read before, most traders are losing. Those with small amount of money will lose because they risk more and not patient. When someone will think of trading to make himself money, he may lose. If you are trading, you should not consider it as a job. You need a reliable job. Trading is risky like gambling and it should not be seen as a job.

That will depend on how we look into it. If ever I consider this as a job, it means that I make money from this. Some people consider this as their full-time job and even quit from their stable job in the sense that they are earning more than from their salary. Whether it was our part-time or full-time job, we can't fully rely on this as our main source of income. Having a passive income or stable job still necessary knowing that trading is too risky and no long-term assurance even we are doing it well now. But for unemployed people, I believe this could be a better choice while waiting for another great opportunity.

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Quote from: goaldigger

Trading for me is not a job but more of a business to me or side hustle since I do have a capital for this and with that you can consider it as your business. If you are going to trade as a beginner make sure to have your main source of income first before doing any trade because profit in trading is not guaranteed and there’s no assurance that you can get that profit.

Take trading as a part-time job, so that it will allow you to do other activities that will create opportunity for you to be receiving income from other businesses, because is not what everybody in the market will be seeing you doing physical for them to know you are self employed, and there is no way you will be trading your coins every day to be making income from the market. Creating source of income before going into trading, it will help you to create other businesses that will make you a self employed in your area and it will not stop your trading, because you can monitor your trading anywhere to know what is happening in the market. And you can see the market price with your two eyes to know if it is time to trade in the market or not, but trading use to take a long time before you can achieve massive income from trading which is the reason is not good to take trading as full time job.

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Quote from: Wexnident on May 01, 2024, 07:12:28 PM

Quote from: chigo on April 28, 2024, 05:39:57 PM

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Why are you overcomplicating this, being employed is between two parties, and self-employment is between you and yourself so I don't think that works. Being unemployed doesn't mean you have no income, it just means that you're not in a relationship to another party that gives you pay for your services, simple as that.

I don't even see how one can become discouraged by a title of being "employed" or "unemployed". I mean, you're making money (I'm assuming you are since you're still continuing trading at that point), and that's all that matters imo.

well in the world where social trust matter i do get why some people does worry about the matter of being employed or unemployed there are so many disadvantage of being self employed if we don't get to make big money that is always being refused for whatever matter regarding things in relation with credits.

its a rough world here where job title does matter, even more so with the status of being employed or self employed, even though literally speaking its just to describe a relation between two party that tries to benefit each other fulfilling their own responsibility so that both can benefits but really it goes more than that.
even more so when we are in a society where job matter, having no job mean having no pride there are many society that acts just like that as if we are not employed then we just nobodies.
really complex the situation and society these days but that just how it is.

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Quote from: chigo on April 28, 2024, 05:39:57 PM

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Why are you overcomplicating this, being employed is between two parties, and self-employment is between you and yourself so I don't think that works. Being unemployed doesn't mean you have no income, it just means that you're not in a relationship to another party that gives you pay for your services, simple as that.

I don't even see how one can become discouraged by a title of being "employed" or "unemployed". I mean, you're making money (I'm assuming you are since you're still continuing trading at that point), and that's all that matters imo.

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