I love trading but it's great to have another job besides trading. Because if there is other work on the day of trading loss then it is possible to cover that loss through that. Many times it is seen that if you lose in trading, it takes a long time to recover. So in that case besides trading, there should be another job from where your income will continue to come.
It's a good idea, apart from trading in some of the best assets on the market, that you also try to invest in the best assets on the market in order to help yourself in the future. And if you also want to work in a field other than trading, that's perfectly acceptable for you to do as long as you can have extraordinary focus in several jobs. Because having more than one job will also disrupt our focus as workers, especially if the job itself is very different from crypto trading. 
Topic: Trading is not a lifetime job. - page 10. (Read 2978 times)
I would like to think that the emotional state of any individual trader varies from person to person, such that, while one trader can learn to control their emotions during and after trade, another may be able to just do that, only when they are happy and occasionally.
Trading could be a career or a lifetime hobby that is a sure source of income and where it gets interesting is when a trader has other means of income, is a master or professional trader and is under no pressure to either trade or not.
If a person/trader can't control their emotions during a hectic situation, I think they will also feel the same when they are profiting. Their happiness can also go through the roof. This is dangerous if they have a heart complication because there are some people who are like that who unfortunately die during the process. Trading could be a career or a lifetime hobby that is a sure source of income and where it gets interesting is when a trader has other means of income, is a master or professional trader and is under no pressure to either trade or not.
Trading is risky and there is no sure income in here but a well-skilled trader can be able to recover their losses and still ends up in the green side. Being interesting can also/only depend on the attitude of the person/trader and not if they have a source of income other than trading. Same goes when it comes to experiencing a pressure.
I love trading but it's great to have another job besides trading. Because if there is other work on the day of trading loss then it is possible to cover that loss through that. Many times it is seen that if you lose in trading, it takes a long time to recover. So in that case besides trading, there should be another job from where your income will continue to come.
There should be another job because if we completely trust in trading that it will give us a regular salary then we will not be able to earn when the market goes down. Trading should be a side job and there should be a limited timing to do trading because the more we trade without knowledge the more we will be lost.
If we have another job then we will have money to do trading and if our loss becomes too much then we can stop trading and during that time we will get salary from another job until we learn completely about trading.
For me trading is indeed not the main job or job that should not be made as the main income to make ends meet, but that does not mean you should not be involved in the world of trading for life, because after all it is your own choice where if for example you feel fine and have the ability in terms of managing and controlling your trading well then there is no problem if for example you want to stay involved in the world of trading until you are old.
Another thing as I said above that in my opinion what is not allowed is to make trading the only job to make ends meet because obviously one of the reasons however trading will always be a risky activity regardless of the chances of getting profit, which is what is worried about is when you are in dire need of money to make ends meet while on the other hand you even experience losses in trading for some reason, and obviously this creates problems that have an impact on the family.
Another thing as I said above that in my opinion what is not allowed is to make trading the only job to make ends meet because obviously one of the reasons however trading will always be a risky activity regardless of the chances of getting profit, which is what is worried about is when you are in dire need of money to make ends meet while on the other hand you even experience losses in trading for some reason, and obviously this creates problems that have an impact on the family.
I agree that trading is not a job for a lifetime. Although trading can be a profitable source of income, there are high risks and market volatility that are difficult to predict. In addition, the ability to generate consistent profits in the long term also requires a lot of knowledge and experience. Akibatnya, untuk menghindari bergantung sepenuhnya pada trading, it is essential to have a broader financial plan and diversify investments. Additionally, maintaining a balance between your personal and professional lives is also crucial. Trading can be a part of a short-term or side financial strategy, but it should not be your entire livelihood.
Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
Valid reasons but this can all be negated with the fact that if you're making a lot of money trading and you're consistent with that way, you're probably going to not mind the stress and the burnout feeling, I mean most of them are even easily remedied by just taking a break, most of the time that's the case for burnout, you're so lost in the work/trade that you're into because you only focus on it and you end up having no other way out but to quit when all that was needed was a cooling off, think of this like a car that's close to overheating, if you let the engine run more even when the overheating is at a high possibility then you'd see it go up in flames if not stall because of overheat, that's the same thing with a person, you do something consistently and without any changes or fun inherent in that something, you're bound to burnout.1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
There's nothing that you can do with this but the chances that a big exchange is going to scam you isn't really that high so this is a fear that's out of place more than anything else.
I love trading but it's great to have another job besides trading. Because if there is other work on the day of trading loss then it is possible to cover that loss through that. Many times it is seen that if you lose in trading, it takes a long time to recover. So in that case besides trading, there should be another job from where your income will continue to come.
There will be various opinion about is trading lifetime job or not, but there is no doubt about those points you mention. Honestly trading are not enjoyable. It always gives people stress. Even sometime I can't sleep while my trading is open. What is about what will happen in next minute. Market is very unstable. besides losses very common Factor in trading. It needs experience, patient and strong mental ability to keep trading continue. So after a certain time, you mightn't go for trading.
When someone trades of course someone will always be under pressure if the decisions they make in trading cannot give them a profit and we will always wait for the results of the trading we do, if we choose trading as a lifelong job of course it will require us to I can analyze the market well and I myself find it very difficult to control my emotions when trading and I think it is difficult for me to make trading a job and make trading more of an additional income and we don't have to always trade which can make our emotions not good, of course this is will affect our health too.Trading could be a career or a lifetime hobby that is a sure source of income and where it gets interesting is when a trader has other means of income, is a master or professional trader and is under no pressure to either trade or not.
There will be various opinion about is trading lifetime job or not, but there is no doubt about those points you mention. Honestly trading are not enjoyable. It always gives people stress. Even sometime I can't sleep while my trading is open. What is about what will happen in next minute. Market is very unstable. besides losses very common Factor in trading. It needs experience, patient and strong mental ability to keep trading continue. So after a certain time, you mightn't go for trading.
When someone trades of course someone will always be under pressure if the decisions they make in trading cannot give them a profit and we will always wait for the results of the trading we do, if we choose trading as a lifelong job of course it will require us to I can analyze the market well and I myself find it very difficult to control my emotions when trading and I think it is difficult for me to make trading a job and make trading more of an additional income and we don't have to always trade which can make our emotions not good, of course this is will affect our health too. 
There will be various opinion about is trading lifetime job or not, but there is no doubt about those points you mention. Honestly trading are not enjoyable. It always gives people stress. Even sometime I can't sleep while my trading is open. What is about what will happen in next minute. Market is very unstable. besides losses very common Factor in trading. It needs experience, patient and strong mental ability to keep trading continue. So after a certain time, you mightn't go for trading.
I agree with you that trading is stressful.Cyptro traders time the market price 24/7 in order to make quick profits.The stress of trading affects the mental/physical state of a trader.I must also agree with you that trading isn't a lifetime job, because the old traders can't participate in trading actively because they are aged and weak.The part I'm not cleared on your trend is where you made mentioned of trust issues due to scam,like every crypto trader knows that exchanges are not safe to secure a digital asset rather digital asset are secured in a non-custodial wallet.
So contrary with Op's opinion, I would say trading may be one of the hardest job but it is the most rewarding one.
It is one of the hardest job but when you get to master it, you'll have your free time to anything that you wanna do. Time freedom is one of the best things that a trader can do and you're paying for your own time at that time when you trade.
The risk is high, the capital is yours but it's true that it's very rewarding.
I'm sure not all traders will agree with me but some could possibly be on my side...
Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
Yeah not all traders will agreed with you but while there's possibility that majority of them will agree with you with what you say, not all traders will find it easy this days. trading now is very stressful to alot of traders out there,I honestly agree with some of the points you pointed out that TRUST ISSUES DUE TO SCAM GROWTH with this point you can have an miss understanding with your fellow business partner due to LOW growth and hard economic like this.Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
If a trader trades only assets that they know are trusted by doing enough research before getting into it then they will have a very low risk of losing their money and the process won't be stressful anymore. So it depends on how a person carries out their activities whether they will make it stressful or not.
For me trading is indeed not the main job or job that should not be made as the main income to make ends meet, but that does not mean you should not be involved in the world of trading for life, because after all it is your own choice where if for example you feel fine and have the ability in terms of managing and controlling your trading well then there is no problem if for example you want to stay involved in the world of trading until you are old.
Another thing as I said above that in my opinion what is not allowed is to make trading the only job to make ends meet because obviously one of the reasons however trading will always be a risky activity regardless of the chances of getting profit, which is what is worried about is when you are in dire need of money to make ends meet while on the other hand you even experience losses in trading for some reason, and obviously this creates problems that have an impact on the family.
Another thing as I said above that in my opinion what is not allowed is to make trading the only job to make ends meet because obviously one of the reasons however trading will always be a risky activity regardless of the chances of getting profit, which is what is worried about is when you are in dire need of money to make ends meet while on the other hand you even experience losses in trading for some reason, and obviously this creates problems that have an impact on the family.
In the beginning or early days and months of your career, you really shouldn't be expecting to make money or for consistent income in trading. Because you will be learning and consistently wrong, so your only goal is to develop a system and get in sync with the market as much as possible. But later on, trading will be easy because you already made a foundation.
As long as there is a marketplace where people are buying and selling, there will always be trading. So contrary with Op's opinion, I would say trading may be one of the hardest job but it is the most rewarding one.
However, focusing on building a foundation from the beginning is always recommended because as you said when one already has the right and qualified foundation then the profit will also surely come by itself based on the knowledge and understanding you gained during the learning process. In the end as I said earlier above that all this does depend on each person's choice but certainly try to choose a truly wise decision, basically no one prohibits trading but try to address and treat trading from the right perspective.
For me trading is indeed not the main job or job that should not be made as the main income to make ends meet, but that does not mean you should not be involved in the world of trading for life, because after all it is your own choice where if for example you feel fine and have the ability in terms of managing and controlling your trading well then there is no problem if for example you want to stay involved in the world of trading until you are old.
Another thing as I said above that in my opinion what is not allowed is to make trading the only job to make ends meet because obviously one of the reasons however trading will always be a risky activity regardless of the chances of getting profit, which is what is worried about is when you are in dire need of money to make ends meet while on the other hand you even experience losses in trading for some reason, and obviously this creates problems that have an impact on the family.
Another thing as I said above that in my opinion what is not allowed is to make trading the only job to make ends meet because obviously one of the reasons however trading will always be a risky activity regardless of the chances of getting profit, which is what is worried about is when you are in dire need of money to make ends meet while on the other hand you even experience losses in trading for some reason, and obviously this creates problems that have an impact on the family.
In the beginning or early days and months of your career, you really shouldn't be expecting to make money or for consistent income in trading. Because you will be learning and consistently wrong, so your only goal is to develop a system and get in sync with the market as much as possible. But later on, trading will be easy because you already made a foundation.
As long as there is a marketplace where people are buying and selling, there will always be trading. So contrary with Op's opinion, I would say trading may be one of the hardest job but it is the most rewarding one.
i actually think that trading cannot be used as a long-term job because it is full of uncertainty. because market conditions can change and as we get older our analysis of the market may get worse and that can have an impact on the money we trade. especially as we get older, we need a stable income that can support our lives in the future. and because of this trading may not be a wise choice as a job to earn money for older people, because they need a stable income and do not require special attention like trading.
While trading cannot be sustainable as a lifetime job, however it’s a wise decision to see it as a side hustle. Since we cannot assure that all our trades will turn into profits, then most probably we can make it only as a side hustle that can still earn massive profits especially if you have high experiences trading in the market.There’s no need actually to see trading as a lifetime job since you can have a real stable job that will pay you fixed amount of compensation no matter what. So don’t complicate yourself, you can stay in your own day job, and you can always continue to trade as well during your free time as long as you only decide to trade when the market is suitable to trade.
If you can manage to make something decent from your side hustle, you can add those earnings for your future business ventures it can help to finance yourself while still in the first stage of your business, though sometimes there are also people who can manage to make this venue as an actual place for their money making business, those who are good in dealing with possible market movements, they are capable of having that good visions and making those good calls to make it profitable and sustain their needs.
For me trading is indeed not the main job or job that should not be made as the main income to make ends meet, but that does not mean you should not be involved in the world of trading for life, because after all it is your own choice where if for example you feel fine and have the ability in terms of managing and controlling your trading well then there is no problem if for example you want to stay involved in the world of trading until you are old.
Another thing as I said above that in my opinion what is not allowed is to make trading the only job to make ends meet because obviously one of the reasons however trading will always be a risky activity regardless of the chances of getting profit, which is what is worried about is when you are in dire need of money to make ends meet while on the other hand you even experience losses in trading for some reason, and obviously this creates problems that have an impact on the family.
Another thing as I said above that in my opinion what is not allowed is to make trading the only job to make ends meet because obviously one of the reasons however trading will always be a risky activity regardless of the chances of getting profit, which is what is worried about is when you are in dire need of money to make ends meet while on the other hand you even experience losses in trading for some reason, and obviously this creates problems that have an impact on the family.
I'm sure not all traders will agree with me but some could possibly be on my side...
Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
Op I get your points, but to me no job on earth is a life time job, be it in the civil service or even your personal businesses and investments, for civil jobs you will retire from the job and be a pensioner after serving the government for a specified number of years , or maybe you have reached retirement age.Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
If you own a personal business or investment someday you won't be able to take care of the day to day administration of that business and it will require you handing it over to a more capable hands in most cases your children,
Same thing applies to Trading, someday you not be able to stay on your computer all day monitoring trade,
So I will prefer you say a career job not lifetime, trading can serve as a career job, yes, just like civil service jobs and company jobs , you have to save money for the future and invest in other areas so has to have numerous sources of income.
My experience told the opposite stories:
1. It is the most relaxing one. Much relaxing then doing my routine as a Youtuber. My trading strategy focus on footprint chart and the use of Point of control and Price imbalance.
2. I spend less than an hour day (around 7am-8am) to update my chart and adjust my position.
3. About scam, I worry less right now after FTX collapsed.
1. It is the most relaxing one. Much relaxing then doing my routine as a Youtuber. My trading strategy focus on footprint chart and the use of Point of control and Price imbalance.
2. I spend less than an hour day (around 7am-8am) to update my chart and adjust my position.
3. About scam, I worry less right now after FTX collapsed.
i actually think that trading cannot be used as a long-term job because it is full of uncertainty. because market conditions can change and as we get older our analysis of the market may get worse and that can have an impact on the money we trade. especially as we get older, we need a stable income that can support our lives in the future. and because of this trading may not be a wise choice as a job to earn money for older people, because they need a stable income and do not require special attention like trading.
If we consider trading as a long term job then during harsh conditions when we lose money then we will have no other source of money to utilise for regular duties of life. It is not necessary that you must benefit from trading therefore when you lose money then it will become hard for you to continue that work which is only possible with the amount of money that you are earning from trading.
I think if we get older then our decision will be more accurate in trading because our experience will be enhanced and we will make good decisions by utilising our expertise and knowledge. But the market never guarantees our success due to the unstable nature therefore don't trust trading but choose another opportunity to make money.
I'm sure not all traders will agree with me but some could possibly be on my side...
Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
You are wrong with your assumptions. I don't know for crypto traders but I know for sure that we have forex who took their time and trade from morning to evening and they do this everyday to make money from trading, now why do you think so or because of your questions? Alright, I will answer to best of my knowledge.
1. You are into signature campaign in this forum and you voluntarily do it so you get paid, it's stressful and yet you do it every week so you can get paid but you are here saying trading stressful. There is nothing in this life that isn't stressful, even stealing something that is not yours is stressful isn't.
2. I will still use your signature to answer this as well. Doing mandatory posts might look enjoyable but you do it any ways so you get paid, I hope I have answered this one too.
3. Your last question tells you don't understand trading. Trading is different from buying coins, what you just described is buying of coins and not trading.
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