I know how good it sounds to go full time trading but we do have to think about all the possible outcomes of it before quitting the day job.
You might be earning a good amount of profit in the current trend through your current strategy but as we know the trend changes quite often in crypto and so does the strategies.
You should have a backup plan ready if the market goes against you. Just imagine you are facing continuous losses and you don't have a stable job aside to pay your bills.
That will turn out to be a nightmare. So going full time is not the problem here but we have to make backup plans for possible worse case scenarios too.
Topic: Trading full time - page 4. (Read 7410 times)
Trading is a curse for those who does not have the knowledge and the strategies required to go through the system,
expert traders doesnt start skillful but they all start as noob without any knowledge or strategy whatsoever but they are only willing to become a trader so they dedicate thier time learning it . we all can become a trader if we want to , it only takes guts and willingness .Quote
Trading is never a curse to anyone, but the inability to make use of it is what a curse is.
curse is something that is bad . you arent curse if you dont know how to trade . and i dont know if curse really do exist because i only see it on the t.v's and movies . 
Its not applicable to all mate. If trading full time will make your life easier then its a curse on someone else's life. If you become successful in this field then i also know people who gambles their fate on trading and end up regreting it.
Trading is a curse for those who does not have the knowledge and the strategies required to go through the system, trading is one of the easiest way to make money to me, the reason why people just face lots of challenges in it is because they fail to duly follow the principles of trading carefully, and once you go out of the principles of trading, you will find it very difficult to work in it except you find your steps back. Trading is never a curse to anyone, but the inability to make use of it is what a curse is. Just like someone said, he said cryptocurrency is just a tool and not the bad thing here, but the bad things are the ones that are using it in a fraudulent way, so if we need peace, we eliminate the bad people, while in trade, if we need to make it, we have to gather enough knowledge about it.
Its not applicable to all mate. If trading full time will make your life easier then its a curse on someone else's life. If you become successful in this field then i also know people who gambles their fate on trading and end up regreting it.
we'll all be our choice. I feel to be a curse at the very first time in trading but it never gives me a reason to quit rather it gives me the courage to learn more. Its gonna be a big risk for beginners but some of us have succeeded and it looks trading as a major source of their income than be at doing office jobs.Every one of us knows very well about the trading because in trading there is huge risk involved in it, people who have patience and dedication will always make some decent profit through trading. A person who doesn't have experience might lose money in the beginning, but if they understand the situation of the market then definitely they will make a profit with the experience they got.
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Its not applicable to all mate. If trading full time will make your life easier then its a curse on someone else's life. If you become successful in this field then i also know people who gambles their fate on trading and end up regreting it.
we'll all be our choice. I feel to be a curse at the very first time in trading but it never gives me a reason to quit rather it gives me the courage to learn more. Its gonna be a big risk for beginners but some of us have succeeded and it looks trading as a major source of their income than be at doing office jobs.Before you decide make sure you are aware on the risk on choosing full time trader rather than to your real job, you have a point in your opinion and yet I saw a lot of people earning money in trading but always remember its not applicable to left your real job todo trading.
Right, if you have a high-skills and you can make money more than your income from your real job, then I think quit from the job will be no problem. But if you still learning about trading and you cannot make a profit at any time, then I don't suggest you quit the job because you need money to buy your daily needs. And with the income from your job, you don't have to worry about borrowing the money from other people plus you have another source to make money.
Its not applicable to all mate. If trading full time will make your life easier then its a curse on someone else's life. If you become successful in this field then i also know people who gambles their fate on trading and end up regreting it.
Agree, some people can step into the real world, step out of their work to become a full-time trader because they have enough facility, talent, even luck to succeed with this idea of them but remember they have the conditions to grow, have opportunities and luck while we cannot have the same things, as you say, don't apply their lives to us. Some people's success cannot judge the success of others, and even they succeed, they used health, time, and accepted pressure to exchange, the full-time curse of traders is forever living next to the computer and avoiding real life 
Its not applicable to all mate. If trading full time will make your life easier then its a curse on someone else's life. If you become successful in this field then i also know people who gambles their fate on trading and end up regreting it.
we'll all be our choice. I feel to be a curse at the very first time in trading but it never gives me a reason to quit rather it gives me the courage to learn more. Its gonna be a big risk for beginners but some of us have succeeded and it looks trading as a major source of their income than be at doing office jobs.Before you decide make sure you are aware on the risk on choosing full time trader rather than to your real job, you have a point in your opinion and yet I saw a lot of people earning money in trading but always remember its not applicable to left your real job todo trading.
You’ve got a trade strategy that works, making profit as you go, and yet...
Trading strategy just makes your trade become easier. Still it's not guaranteed you always get the profit from trading, sometimes you will just lose the money.You spend 40+ hours a week working to make someone else rich.
What the hell for?
If you are not fine with that, just make your own job(entrepreneur) and pay someone to do the job for you.What the hell for?
It doesn't matter how good your math is, trading is not something that generate you fixed income. Sometimes you could get nothing from there or even losses. I'd rather stay at my primary job and do trading for a secondary income. At least if I had losses, I could have just recover it with my other job.
It has to understand that trading in fulltime will somehow be difficult if we don't have enough funds to start with and also deep market understanding. Yes, it can be more profitable but the risk also is too high.
We can be in fulltime trading if we are ready enough to take the risk and accept any consequences may results as trading isn't an easy task to thin of.
The point of making trading as your full time is because you want to allocate your full time on it, you are treating it as your job that will generate money from you, and of course you cannot start with a small amount of money, otherwise, you'll not get any benefit from it due to long hours spent in a daily basis, you need to be productive, trust yourself by risking a decent amount to see a result of a decent profit. We can be in fulltime trading if we are ready enough to take the risk and accept any consequences may results as trading isn't an easy task to thin of.
I think with 2 BTC, someone can become a full time trader and I started the crypto business with about 0.4btc, now it has grown to over 2 BTC, and if I want to trade a full time now, I think I can. My point is that any trader should start from little, then nature will automatically upgrade them to being a full time depending on how professional they are.
Trading full time can be a good option for people who want to make a bigger income than their works, but they need to have skills in trading so they can be able to make money. Since bitcoin become popular, many people have changed their work, and they involve deeper in trading just because the income is very tempting to them. But only a few of them who can stay in trading for a long time, especially if they can learn more and more about trading because learning trading is not easy.
Even crypto market didnt still exist there were already people who do go full time with trading but in forex and stocks.Its really possible for you to make such income if you do know on how to trade but before you would come to this state then you would really experience all the possible hardships that you would face on.Being consistent on making profits wont really be achieve overnight but once you do able to attain it then rest assure you would have the advantage when it comes to making money.
maybe for me full time trading becomes a job. because right now trading should be done in a while, and I think this might be one of the things that can be done by professional traders
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Trading full time can be a good option for people who want to make a bigger income than their works, but they need to have skills in trading so they can be able to make money. Since bitcoin become popular, many people have changed their work, and they involve deeper in trading just because the income is very tempting to them. But only a few of them who can stay in trading for a long time, especially if they can learn more and more about trading because learning trading is not easy.
The second thing you need before you go full time is a solid plan.
You can make any solid plan to be a full time trader if you have a million dollar in your bank account and you have a secondary income.That plan should include saving enough money to not have to stress about the day to day expenses.
If you have enough money in your bank then there wont be any stress about the pressure of making money to survive. And people who are smart will not dedicate their life to go full time on a trading platform as you cannot consider it as a full time job unless you are managing the assets for someone else and that requires specialized skill set.It should also detail the minimum amount of profit you need to earn so that you can both live the lifestyle you want to live, and to keep growing your stack.
Then it’s just a matter of putting in the work to make it happen.
Making money is not that easy and the amount of profit you make depends upon the market situation and you cannot expect the market to go high all the time and if you are able to predict the exact market movements you would have being a millionaire by now Then it’s just a matter of putting in the work to make it happen.
.How close are you to going full time?
Never as i am realistic enough to understand that i am not going to profit all the time if i am trading daily and i do not want to stress myself all the time. 
It has to understand that trading in fulltime will somehow be difficult if we don't have enough funds to start with and also deep market understanding. Yes, it can be more profitable but the risk also is too high.
We can be in fulltime trading if we are ready enough to take the risk and accept any consequences may results as trading isn't an easy task to thin of.
The point of making trading as your full time is because you want to allocate your full time on it, you are treating it as your job that will generate money from you, and of course you cannot start with a small amount of money, otherwise, you'll not get any benefit from it due to long hours spent in a daily basis, you need to be productive, trust yourself by risking a decent amount to see a result of a decent profit. We can be in fulltime trading if we are ready enough to take the risk and accept any consequences may results as trading isn't an easy task to thin of.
It has to understand that trading in fulltime will somehow be difficult if we don't have enough funds to start with and also deep market understanding. Yes, it can be more profitable but the risk also is too high.
We can be in fulltime trading if we are ready enough to take the risk and accept any consequences may results as trading isn't an easy task to thin of.
We can be in fulltime trading if we are ready enough to take the risk and accept any consequences may results as trading isn't an easy task to thin of.
I will never trade full time, it`s not for me. It`s interesting and fun in the way I`m trading now, when I can and with amount I can afford to lose. Going pro have its pros and cons, I know it`s not for me, it would be too stressful, I`m sure in that. I would start to care a lot more about my trades, I need to be online most of the time.
I`m not a greedy trader, I know when it`s enough for me and I will stay amateur trader forever. I believe crypto market will outlive all of us, so why to change something that`s going good for me.
I`m not a greedy trader, I know when it`s enough for me and I will stay amateur trader forever. I believe crypto market will outlive all of us, so why to change something that`s going good for me.
I'm not yet skilled in trading so I prefer to keep my job and go for swing trading first while still learning. Experienced crypto traders can make a lot because already marters the art of trading and they can afford to quit their job to go full time. Going full time means you already studied and mastered the necessary technical indicators and tools that mostly used in the trading.
We never can be sure that 100% successful in trading so you need to keep saving money from your job and work at the remaining spare time sure you can make lot of money like the people who are doing trading full time but only need is that you need to keep money to survive if your money from cryptos lost.
I'm not yet skilled in trading so I prefer to keep my job and go for swing trading first while still learning. Experienced crypto traders can make a lot because already marters the art of trading and they can afford to quit their job to go full time. Going full time means you already studied and mastered the necessary technical indicators and tools that mostly used in the trading.
days ago the price was in the $13000 and see the current price:
[im g]https://i.imgur.com/TLIXJSt.png[/img]
Is a very high price drop, even if the person has a good strategy will be inevitable to have losses, now imagine if that person only lives of trade? the person begins to think about the losses, the bills that will have to pay, it's too much pressure. You should not leave a job or business in the real world to just live of trade
But any smart trader will still be able to walk through this provided they are not on leverage, and they don’t close their trade, if someone trades at $13,000 and the price drops to this amount, what the trader just needs to do is to be patient and wait till it goes back to the $13k, and while waiting, he takes the opportunity to trade at this $10066, to make money when he climbs back to like $11k. [im g]https://i.imgur.com/TLIXJSt.png[/img]
Is a very high price drop, even if the person has a good strategy will be inevitable to have losses, now imagine if that person only lives of trade? the person begins to think about the losses, the bills that will have to pay, it's too much pressure. You should not leave a job or business in the real world to just live of trade
Any trader should know that we are already in uptrend, and the volatility during this period will be high, that is why you don’t trade with all the money at once, you must always share the trading money into different parts in other to use it as correction for some. I traded at $13k too, and still holding on that while I have used the second part to trade severally around the fluctuation between $10k and $11k.
It seems I will be stressed if I trade in full time. I feel that daily trading only makes me stressful, especially trading in full time will definitely stress me out.
There is no job that is not stressful, one just have to do one that can bring money to the table to meet up with expenses.The only thing I know is that day trading full time cannot be mixed with other jobs, day trading requires attention and full commitment which takes time, and only those who wants to choose trading as their main job are the ones that can go through the stress of trading, which is why there are many areas for everyone to fit in in crypto trading, day trading is not the only trading available, there are also long term trading and I think I will personally prefer to just stay with longterm trading because of my work and my time.
I have been buying coins and holding till they mature to take profit and this method has also been fetching me lots of money.
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