TRADERS are not UNEMPLOYED - page 9.

Oshosondy

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Quote from: Kelvinid on May 02, 2024, 03:52:44 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, 06:31:18 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, 06:12:28 PM

Quote from: chigo on April 28, 2024, 04:39:57 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, 04:39:57 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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Quote from: chigo on April 28, 2024, 04:39:57 PM

Quote

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

Realistically, trading can be taken as a full time job and will be a profitable one that you don’t need to depend on any other job asides from that. There’s a way you’ll understand the market so much that when you trade and place like ten trades, at least seven will go your way and you’ll earn massively from it. This will also be that your risk to reward ratio is large or at least 1:2; if you’ve understood the market well and can trade in this part with a winning rate of 70%, I will say you can take it as a full time job than a side hustle.

Quote from: goaldigger on May 01, 2024, 03:45:09 PM

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.

You know this depends on the person. I have seen and come across people that have a full time job but after their profitability in trading, they’ve ti resign and focus completely on trading because it gives them more income than the full time job. Some will not want to leave the job though, but if you understand, trust and trust yourself better, you can go on with trading as a full time job when you become a professional in it.

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Quote from: goaldigger on May 01, 2024, 03:45:09 PM

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.

It's really like a business or actually a business but it is not a problem when someone calls it as his day to day job and employment or a business.

Quote from: goaldigger on May 01, 2024, 03:45:09 PM

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.

Set a capital that's going to be used for your trading initiation. You'll get to see on how it goes as you trade, you'll have to deal with it and learn from anything what happens when you begin.

goaldigger

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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.

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Quote from: Rockstarguy on May 01, 2024, 08:30:35 AM

I think the way we learn to understand trading and what we can get from trading will determine what trading needs to be called. If trading can't solve your needs I don't see reason why one will see trading as a job , I know people do trading as full time job. This decision can be consider if one have Really study trading and have good understanding and can be able to survive the market then one can choose to call it a career. Trading can be different thing for everyone, this based on the understanding and experience we have in trading . As for beginners that are coming up to trade, I don't think it is right to see trading as what can be rely on as a full time job that one needs to depend on.

Trading is a job and earning opportunity but not like the other that gives us assurance. We can see some people are considering this as full-time because they are good at this but for some traders, this is just their side job.
Whatever it is, the most important is that we know our position about this. We still think that trading is not a simple job that most of us are thinking of, it needs knowledge and discipline as well. Successful traders earn more than those who have stable jobs which is why we can't just say that trading is nothing.

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Quote from: slaman29 on May 01, 2024, 05:34:27 AM

Quote from: X-ray on May 01, 2024, 04:31:33 AM

many never get the grasp of being self employed and finding money for ourselves, the judgemental nature of people is what make such prejudice to appear in the society thinking that a trader isn't even a job meanwhile a trader could very well be 100x richer that the ones who judged.

On the other hand traders and all hustlers shouldn't be offended.

Real trading takes a kind of discipline and determination like any job should. The traders I knew, myself included, we were surfing and listening and meme watching. We weren't really spending a lot of time studying or discussing as some do.

Judge ourselves first, properly, and then others judgment isn't so bad Wink

On the moment that you do able to make money with trading which is more than on the amount that you could get from your day job then there would really be a time that you would really be considering on
making it full time. Yes, its not a job or something like that but it could really be a source of income but if you would really be able to make yourself that sustain then it would really be that
a good condition or situation for you since not everyone would really be able to pull it through. Not all would really be able to get such skill for a very short period. This is why on the moment that you do find yourself
being sustainable or profitable then consider yourself that you are good trader on which you could be able to make out money without depending into your own day job.

This is something that you would really be needing up yourself to have that kind of engagement and you do decide whether you would go full time or not. As long you are
profitable then who would be the one would be doesnt like that?

Hamza2424

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Quote from: chigo on April 28, 2024, 04:39:57 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

Hmm, it seems like OP is quite serious about proving trading is not a joke, well this totally depends on how the viewer looks at it, if he's a person who works from 9 to 5 and earns his living and watches a person sleep all day and working according to his mood and meaning his livings he might find it fun, but TBH trading demands a tough and disciplined environment as it doesn't restrict you from anything but to study market make a decision it requires a proper disciple and now it varies from trader to trader how actively he manages his discipline but I won't hesitate to say if a trader is not well disciplined he cant be a good trader because it sone of important emotion management technique.

crwth

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I think it's just that there's an organization that would hire you, then you are employed. If you are not, then you are unemployed.

It's pretty straight forward what "EMPLOYED" means and it's being hired by someone that you would be obliged to do responsibilities etc. I think this is a misconception that having income is "EMPLOYED" which is not.

Oshosondy

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Quote from: KingsDen on April 30, 2024, 08:18:28 AM

What's the op is saying is about employability, he wasn't talking about profitability. It is true that many traders losses more than the gain. But then anyone who is into cryptocurrency trading for more than one year must have found a way to gain because you cannot be losing and losing and you continue losing.

Some people will think they can make it from trading, but they will see the worst part of their life when they begin trading. More than 80% of traders are losing and which should be one of the reasons it can not be seen as a job. Trading is not a job. But if you manage to have enough money to trade, risk less and be able to even go less than 1x leverage and able to afford your loss and having better source of income with your less risky source of income will not make you feel the bad effect, then trading can be a job for you. But telling people that trading is a job is not right because you are only not helping them with wrong information but also helping them to believe what can cause them financial problem.

Many people on this forum are not trading, they just understand little part of it and saying it is a job. It is not a job.

Quote from: KingsDen on April 30, 2024, 08:18:28 AM

Some people make more money teaching how to trade than trading itself, some people write journals on how to trade and some people provide signals. In whichever way you are able to end in the name of trading, it is fine I should be recorded for you as a genuinely and money. Therefore someone who is a trader could be considered employed by himself if he is doing it professionally. Yet, it is advice that a trader should have another source of income to augment in terms of emergency and uncertainty because trading is a risky business.

If you are teaching about trading, providing signals and writing journals about it, you are not trading. You are only letting people know what trading is and earn money from them and nothing more than that. Trading is when you trade and make money from it. Some peoole can teach and provide signals but yet be losing in trading.

Rockstarguy

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I think the way we learn to understand trading and what we can get from trading will determine what trading needs to be called. If trading can't solve your needs I don't see reason why one will see trading as a job , I know people do trading as full time job. This decision can be consider if one have Really study trading and have good understanding and can be able to survive the market then one can choose to call it a career. Trading can be different thing for everyone, this based on the understanding and experience we have in trading . As for beginners that are coming up to trade, I don't think it is right to see trading as what can be rely on as a full time job that one needs to depend on.

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Quote from: macson on April 29, 2024, 04:16:58 PM

Trading is a high-risk activity but there are people out there who are willing to put their full time into trading and make it their main income.

People are in the thought that trading will give them money on a daily basis like that of the regular job but it is a false concept and people in such thoughts are facing great troubles in their life. Trading can give you an extra sum of money but if people are totally dependent on trading for their earning then they will lose a major part of their money as without experience if you trade more your failure will also be greater.

Quote from: macson on April 29, 2024, 04:16:58 PM

This is also my view, the same thing as gambling ^{(but trading is not the same as gambling)} many people use gambling as entertainment, but there are also a group of people who use gambling as a source of their income, so the conclusion is that anything that makes money can actually be made as a job, the only difference is whether we are good at it or very bad at it.

There remains no difference between gambling and trading if you utilize your whole time in trading but without correcting your mistakes and give more time in desire to earn more so I think before going to accept trading we have to learn better about it and should learn different strategies which can help us to overcome our mistakes.

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Quote from: X-ray on May 01, 2024, 04:31:33 AM

many never get the grasp of being self employed and finding money for ourselves, the judgemental nature of people is what make such prejudice to appear in the society thinking that a trader isn't even a job meanwhile a trader could very well be 100x richer that the ones who judged.

On the other hand traders and all hustlers shouldn't be offended.

Real trading takes a kind of discipline and determination like any job should. The traders I knew, myself included, we were surfing and listening and meme watching. We weren't really spending a lot of time studying or discussing as some do.

Judge ourselves first, properly, and then others judgment isn't so bad Wink

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Quote from: In the silence on May 01, 2024, 04:13:59 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.

many never get the grasp of being self employed and finding money for ourselves, the judgemental nature of people is what make such prejudice to appear in the society thinking that a trader isn't even a job meanwhile a trader could very well be 100x richer that the ones who judged.

for the fellow traders, its just never surrender despite the prejudice is there to demonize the work of traders, even though this job isn't certainly most stable one financially speaking but at least it could make us big bucks if its the right time at the right moment, remember that there are many traders out there making millions certainly not an employee with the traditional concept of a job can be earning within a month except for very few.
just try to gain success from trading to achieve whatever, financial freedom that you are aiming, remember, people won't care if you are trading for a job if you can earn millions.

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Quote from: jrrsparkles on April 30, 2024, 09:32:55 AM

Quote from: macson on April 29, 2024, 04:16:58 PM

Quote from: jrrsparkles on April 29, 2024, 04:11:43 AM

snip
what others think about you doesn't matter as long as you are being successful at it. Trading as your primary job is highly risky which also should be pointed out here.

Trading is a high-risk activity but there are people out there who are willing to put their full time into trading and make it their main income.

I know a lot of full time traders, who only do trades but they belong to the rich family category, even if they are not making money they still can continue their life as used to be. But if someone from salaried class with saved capital for trading deciding to shift from job to full time trading is never recommended.

This cannot be denied, usually when rich people trade they use their cold hard cash and this makes their decision making better ^{(the majority of rich people rarely make trading their main source of income)} than the working class who trade with their own money. The pressure received by traders is different from each other, so becoming a trader is not an easy matter, indeed everyone can become a trader but that doesn't mean everyone can make a profit when trading, someone who makes a profit in trading is definitely someone who is successful with his considerations in trading.

In the silence

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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.

MissNonFall9

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There is no chance in the world that people who earn money to support their family and living expenses can ever be labeled as unemployed. A trader must trade to make money and to make a living out of it. So Tina must not be reported as unemployed. He may spend his full-time or part-time in trading. After all he works to earn money and earn a living.
From my point of view, no one in the world is unemployed. Every person in the world is closely involved in various activities to make their life easy and normal. Some are directly involved in earning money and some are working as assistants to earn that money so no one can be called unemployed.

Topic: TRADERS are not UNEMPLOYED - page 9. (Read 2193 times)