Topic: Trading is not a lifetime job. - page 3. (Read 1295 times)

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.

You are right, no matter how skilled a person is in trading, it does not guarantee that they will make a profit every time, because sometimes there are times when they also predict a very volatile market incorrectly. I won't even believe it when someone says they have never experienced a loss when trading, because losses are inherent. The only difference is that they can minimize losses and recover quickly when they experience losses because of their trading skills.
If we talk about whether trading is a job for life or not, I also agree with you, even that depends on our respective points of view. If someone thinks that it can be a lifelong job then they can do it, and if someone says it can't be a lifelong job, that's not wrong either.

We are involved in trading and we have enough knowledge about trading but still I would say we must have a full time job along with trading. Having a full-time job means being sure,even if the results are against the results of trading, it is possible to meet your needs through your permanent job. In the case of trading, many times our results are just opposite, no matter how much research we do in trading, we can never get the results in our favor, if we do not have an alternative source of income at that time, but we can fall into financial disaster. Since my family is dependent on me, we must think and plan in advance so that my family does not fall into a financial disaster.

To be honest, trading can be a lifetime job if you are exceptionally skillful on it and is gaining sustainable profits every time you decide to trade. However, not all trades turn into profits regardless of our expertise in trading, as there are times that inevitable losses happen in the market. So for me, trading greatly depends based on your own personal experiences, and since we have varied experiences in trading, that also means we have different points of view about it when it comes to having it as a lifetime job.

I don't think anyone will want to stop trading if someone has made profits through trading very often every month. Because whatever work we do now is to earn money, so no one will want to stop trading if they can still make money from the market which can be done very simply even though previously they also had time to learn to understand the market and also understand how to trade. So that's the simple answer to this because it would be really silly to throw away a job that makes money.

Market is unpredictable and there's no way for us to be able to have that kind of fixed results or outcomes into our trades on which it would really be neither giving out that positive or negative results.

Trading could really be that something that you could really be able to tell that will give out that kind of opportunity that you could make it a job or something that could give out that income
but of course its something that you can be able to rely because not all the time that the market would really be that in together or with in line with your speculations on which means
that result or outcome will really be that vary from time to time.

If you do get to have that single job the living into this world wouldnt really be something that easy due to economical aspect and this is why it would really be resulting
into that kind struggle.

We cannot say trading as a life time job because all the time the situations are not according to us and sometimes the market becomes so bad that we cannot earn a penny from it. A lifetime job is true in a case if we continue trading for our whole life without considering win or lose but if we think about trading then I think it consists of more loss than a winning situation.

Trading is better than a job because it gives you huge money in a day but also remember that if the market remains unstable then you can also lose a huge sum very quickly whereas in regular jobs you are just earning according to your hard work instead of losing a large part.

There was an article that I read before that 97% of day traders lose their money on their first experience and the other 3% earns as much as a bank teller.

Though that may be the case, there are special exceptions to this rule. Remember that trading is all about experience. There are multiple factors in order to know the signs in which may give you an idea whether to invest in a certain cryptocurrency or not.

Going back to the discussion, trading is somehow a difficult job to be consistent with. There are others who found success in trading but there are lots of people who have experienced otherwise. At the end of the day, it really depends on how you view trading as a whole since saying that such is "not a lifetime job" invalidates the efforts of others who have made this their careers in their lives.


I only understood the last sentence you said- anyway, I do agree that a person may venture into other types of jobs whatever they want to. Generally, people trade cryptocurrencies and they view it as a sideline to their main job. While I do agree to a certain extent to what OP said, still, there is a handful of people who found success in trading and saying what OP said invalidates this fact.

Lifetime job, in my opinion, presupposes a person’s self-identification with a specific type of activity. Defining onerself through one`s profession. I believe that modern realities go beyond this definition, because people have to expand their skills and master something new in order to remain in demand and competitive. A person can consider himself a trader. But this does not mean that he will not have to master other types of activities throughout his life.