Topic: Trading is not a lifetime job. - page 12. (Read 2991 times)

well, trading in real life is very different from trading on the internet. In real life, we carry out trade and transactions with basic needs and whatever we need. Meanwhile, on the internet, we trade the assets we own. If we focus on building a living from trading on the internet, it is possible, but it requires a strong foundation. We have to be able to meet all of life's needs that we have before we can be successful, and that is a difficult thing. In fact, I believe that even professional traders do not focus on trading. They probably have businesses they run out there.

Once that people would really be tending to fixate up their mindset or the beliefs that they do have then for sure they would really be doing it no matter what others would be saying on which
it would really be just that something that cant be changed up because people would really be indeed seeing that this is something that will really be changing up their lives on the time that they would really be doing it right. Yes, trading could really give out that kind of life changing opportunity if you are really that someone whose really that serious when it comes to be that profitable with trading.
It isnt a job but something that could be considered to be a side job but it could potentially be able to surpass your main jobs salary or earning if you are really that good on doing so.

There are really just that some people becomes that too impatient and really having that kind of approach towards trading that this is some sort of last resort but its not.
Being that too delusional what makes that tons of mistakes.

And while some are discussing about trading isn't a full time job, here goes some about telling that bitcoin isn't a life time job.

There's so much in life and we can't stop people from doing things that we like. It's true that ecommerce has changed nowadays and the same goes in trading.

In life, we've been doing a lot of trades and this is the career that a few risk takers chosen as their paths.

I completely agree with that because even if a person is earning good enough money from trading it doesn't mean they can continue to do that forever, and one needs to have some skills that they can utilize in case their current source of income isn't working out for them, and these things happen in life and I say this because I have experienced it myself. You can't rely on a single thing to feed you your whole life, and you will need to find multiple ways that you can utilize when there is a need for you to earn money from a different means than what you do now.

So, even though I agree with the fact that one can earn a living through day trading if they gain enough knowledge and understanding and have enough money to use for it, I also believe that one should be skilled in other things as well because it can't be considered something you can do forever and even if you can, you should still acquire extra skills.

You mean trading of goods on which in the main concept then this is something understandable or acceptable but we arent talking with that kind of trading but rather trading up with online assets or whatsover that correlates to it. This is a different market which does need up with that similar kind of approach on which to buy low and sell high thing but we know that this isnt something that you would really be able to grasps up well
on the time that you would really be able to make yourself engage with it but just like on what most people been saying up on here on which this is something that you could changed up your life
if ever you do make yourself that do have that good way or being that profitable.

Learning up this trading skills isnt really something that you could really be able to make yourself that be able to acquire or attain in a short time. You would really be
passing up tons of trials and error or does still take a very long time for you to be able to get into it.

Op I don't agree , In ancient times people had only one business, and that was trade. Trade used to run smoothly before, but times have changed. It is no longer necessary to confine the trade to an aerial shop or shop .
Online commerce has opened new doors where people easily sell their products worldwide and people run their business from home , increasing both their sale and profit.

This new style for trading has helped people to reach their destination , and it has become easier to achieve . Thus  direction of commerce has changed and it's new form is online commerce which is the meaning of today era.

Yes no one can lead a happy life depending on trading only without other sources of income. Because although good amount of profit can be obtained from trading, it is not always able to give profit and besides, there are many times of loss. So besides trading everyone must have a regular source of income with which he can lead a happy life. And trading has to be used for the purpose of living his luxurious life. Because regular profit is not available through trading but sometimes very big profit is available from here.

True, everyone can make a profit in trading if they have the ways and tricks along with understanding the concept of the market, on the other hand yes you are right that in trading strategies must always be changed or that means one must have at least more than one strategy to make a profit because as we know about the nature of the market where the market is always different over time and by having more strategies then most likely you will also be able to take advantage of every market situation. In my opinion, it is not the strategy that does not work but the problem is that often a trader is wrong in using his strategy where they use strategy A in a market that is B, meaning that it is an inappropriate moment to enter the market with an inappropriate strategy, this is why every trader must understand the habits of the market movements that occur at any time.

But it is a fact that no matter who it is including professional traders can never avoid the possibility of loss, but they have a lot of experience that can make them know what to do and what to avoid in every condition, I see that professional traders are those who have many ways to turn decisions into profits but together with smart risk management which ultimately makes them succeed in getting greater profits than losses, but for the problem of whether trading can be made a lifelong profession or not I think it depends on the person, if they are able to do it well then no problem.

Trading is not something that a person can rely on as a source of income. If you are into trading or any online stuff, it is good to have another alternative for yourself. We all know that some people don't have any other source of income apart from trading, but it depends on how long they have been trading. Because there are some people who introduce themselves to trading and do not survive, and what causes it for them is that they don't wait to get the proper knowledge about trading.

That's why we see most people losing interest in trading right from the beginning. Trading is quite a site for earning money, which means if we should learn how to monitor market strategies. At times trading is better than some companies jobs that pay per month.

I think his point is that there are so many things that could cause trading to be suited just for the short term side hustle and nothing more and I do agree trading is stressful activity.
we just getting our brain fixated into the market 24/7 just to not miss the opportunity of getting the profit, we could take advantage of the trading feature available such as automatic taking profit but regardless
we just gonna be fixated in it anyway.
it might be a lifetime job for people that just simply are suited for trading, who can have resilient mentaility against the wave of market, but i'm pretty sure that for most of the people, its not really a lifetime job.
mentally taxing job such as trading just never cut it for lifetime job.

You are right, trading can give us a very high income and it exceeds an employee's income every month, or maybe even in trading we can earn an employee's salary in just one day. However, remember that this can only be done by professionals and they also carry large amounts of capital. but for a beginner it is not easy at all. they can even lose money in an instant when they make a trade.

Indeed, if we see the income of professional traders, we will be tempted by that. But in reality it is not as easy as imagined. They also need a very long process so that they can be at the point where they make big money. And maybe they have spent a lot in the process of what they did (learning). And we only see when they are successful.

That's what we usually forget, we only see the sweet fruit that someone picked, but we don't see how long they planted the tree so that it can produce sweet fruit like that.

It is possible to profit from trading if you understand the technique of trading. However, many new people are getting interested in trading day by day, due to which it appears that many people use the same strategy and market chart analysis is not working many times. Therefore, in the field of trading, the strategy has to be changed constantly. And thus it is not possible for everyone to succeed in trading by constantly adopting new strategies. Traders with very small amounts can consistently make good profits. so trading is very risky for everyone. and such a risky thing cannot be a lifetime job for anyone

I said earlier that trading is still a life time job.  For any other investment or other business if you want to do life time job.  In the event that you are asked to come to trading to get to know you in dating or your very short time you will advance in the pocket.  And if you lose, you think your trading is over because if your capital is lost, you can never do it without capital.  But there are many people who analyze these things and earn a lot of money with dating and go up a lot who actually live from here, if not life time.  Earned a lot of money because they were able to earn a lot of money in a short amount of time and started some other business from training in their future.

Well said, there are many opinions and self-explanatories regarding to this matter, and like you, I believe that there are
people or traders who manage to use this business as their main source of income.

Those who are capable in learning how to analyze well and keep enhancing theor knowledge to make sure that they
are in the right path in how they will take care of their business.

Trading is for those who knows how to adopt and those who are willing to take part and overcoming the risk behind.

What some people earn in trading is even far better than what some civil servant makes, the government is corrupt and the people enjoying civil service is no more than politicians and since all of us can not go into trading that is one of the reasons. Young people even believe in trading than even accepting jobs no one wants to be bossed around with the amount been paid you  will prefer to be your own boss. People making money from trading i don't think anyone will want to stop  at whatever anyone will say. It might be  a actual job but as far as people are making money to me it is still a job. What is the reason that we are working is not because of money the whole point is making money.

I've known someone who had become that a full time trader and really that be able to quit up or resign into his day job and putting up the focus into his trading on which it did really take up some time and tons of efforts and hard work on which they do really be able to do after all the years and ended up to be that fruitful or something that did really result up for his goal to be achieved. Yes, not everyone would really be that successful on trading on which there would really be people that would be able to succeed and there are ones who do fail but doesnt mean that you wont really be trying it all because you are focusing on the failure.

Trading could really be something a skill that would really be beneficial forever on which once you do have a good grasps into it then you would really be definitely be able to make use of it and would be having
advantage on handling up yourself on a random speculative market rather than on making up some random guess and without any basis. We do know on how this market works
which its not something that you could confidently making up positions without any basis.

I don’t totally believe in your statement because how you feel about trading cannot be the same way thousands of traders out there are feeling about it that they have their hearts attached to it. Trading is quite risky but if you can understand the technique and able to find a breakthrough in it, that is the day you begin to receive ‘congratulations’  on your success in trading. It takes time tough to become successful in it, but with much conviction and dedication towards scheduling what you set your heart on, you can become successful in it and you can also see it as a full time job depending on how you want it and the role it’ll play in your life.

Ok, I will put it differently. In the past, it was possible to clearly associate yourself with a profession. When a person was asked who he was, he answered “I am a doctor” or “I am a baker” or “I am a teacher.” That is, there was a complete identification of one’s personality, individuality with the activity, with the function that the person performed. Now we are seeing a picture where people so often have to change not just their place of work, but also their qualifications, that the above-mentioned definition of themselves is impossible. Therefore, it is simply not relevant anymore to talk about some kind of a lifetime job.

Though it's true that having a good source or stable source of income will help but there are other experienced traders who manage to work it  out and enjoy the luxury of being a successful traders, but not all can say that they really have that same fate. It's best to have the right balance and not to lean that much but instead find the right attitude and see if things will going to work for you.

If possible then go for it and take every advantages then if things is no longer working accordingly then better to quit along or find alternative venue to continue your investment.

1. Trading is really a stressful thing, but for professional traders out there, I think that they can overcome stress. I mean if they want to treat trading as their fulltime job, they will really encounter stress and it's inevitable. At the end of the day, every job is "STRESSFUL" in different ways. It's only up to the person on how they will overcome it.
2. If you're not earning then yes it will not be enjoyable, but for those who are earning lots of dollars on a daily basis, I don't think that they will feel that way. Maybe they will feel boredom because they are doing it on a daily basis continuously. With regards to the traders not earning, of course they will not treat it as a job if they aren't earning.
3. Trust issues? Trust with the exchange because of the fact that every exchange can have the same faith as FTX that's what you're saying? It might be, but take note that there are still many people out there who still wants to store huge money on exchanges for various reasons.

If you're earning more than losing more then it can be. A quick Google search of the definition of a job will give you this: "a task or piece of work, especially one that is paid:".
Piece of work = trading itself. One that is paid = they are being paid through the profits that they're getting.