Trading is not a lifetime job. - page 8.

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Quote from: Oshosondy on April 14, 2024, 05:35:42 AM

Trading is very risky and to make money from it will be very hard. It is true that it will take much energy from someone and looking at the market and losing has been linked to health issues. Not only that. Also staying watching the market every time has been linked to trading and which can cause health issue also.

You do not need to leave your coins on the exchanges each day after you finish trading. You can move the coins to a noncustodial wallet. If you are good in future trading and that means you do not use leverage, you can use leverage to protect some of your coins on noncustodial wallet.

You know, being a doctor, for example, is also very stressful and can cause health problems. But this doesn't stop thousands of people who decide to study at medical schools. The same is with trading. It is definitely not for everyone. Only few can become really successful and do it almost whole life

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Quote from: Oshosondy on April 14, 2024, 05:35:42 AM

Trading is very risky and to make money from it will be very hard. It is true that it will take much energy from someone and looking at the market and losing has been linked to health issues. Not only that. Also staying watching the market every time has been linked to trading and which can cause health issue also.

You do not need to leave your coins on the exchanges each day after you finish trading. You can move the coins to a noncustodial wallet. If you are good in future trading and that means you do not use leverage, you can use leverage to protect some of your coins on noncustodial wallet.

You are absolutely correct and that is why we know what is involved before going into trade, that is knowing the risks and benefits involved in trading and what it needs for someone to trade and be successful in it.

Just like you said, the way the market is really going now, it's really fluctuating, which is really affecting some people health issues like their mental health etc.

So that is why, it's advisable to know or have the basic knowledge and understanding of trading before involving, because it can affect a person both positively and negatively.

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Quote from: OrangeII on May 29, 2024, 10:41:08 PM

Quote from: |MINER| on May 29, 2024, 02:42:38 PM

It depends a lot on the trader's mental state and patience. Trading is very difficult to master. Not everyone succeeds in it. Then many give up. You have to trade with the acceptance that there will be loss in trading. And trading can never be kept as the main means of earning. I think it is wise to continue trading alongside a permanent job.

Yes, as long as we are not successful in the world of trading, it is very difficult to focus on it, especially when we don't have a source of income. Maybe some people can take risks in trading, and they get big profits. They dare to take risks because they have alternative income, and when they are lucky, they are successful in trading. Many people think that these people only focus on trading, and being successful. In fact, this is very difficult to do if we don't have other sources of income. I also recommend having other sources of income if you want to focus on this area.

Not everyone understands this. Trading can be a source of income when you have another source of income. This is because if you have a source of income then you can comfortably and easily trade and the most interesting part is that you won't be afraid to take risks while your trading. I have had good friends that are traders but only one was really successful in it. Before then he had a business that gave him a lot of money to trade and one day he took a huge risk trading volatility A long candle came up and it was the day he made 60k dollars. So trading requires capital and with time it can be a source of income.

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Quote from: Cornia on May 29, 2024, 11:34:28 PM

Trading is a stressful job. No one can trade all his life. Because I think he must have a mental problem. There is no entertainment in trading. Rather, traders often cannot spent time with their family for trading. Gradually they become alone. And it is harmful for mental health. Some time of life should be spent on trading. Trading has no specific job hours. So there is no alternative to real job to lead a healthy life.

Those who depend entirely on trading will never do well. We should do trading along with the job. It can be good if someone is thinking of supporting his family by trading. No one can give any such guarantee.So we should do good things if we do trading as well as work. People who do trading are under stress most of the time.

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There are and there will be many platforms for trading. So it will a matter of fact that, Which one should we trust. But why should you think, trading isn't enjoyable and people won't earn well from it?? I believe, they gained years of trading experience, they have less possiblity to loss or less possibility to earn less money cause they already know how to control themselves from emotional, or how to control their mentality. And with times, they'll be more developed from before. So its true that trading is stressful and nobody wanna take such pressure forever

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Quote from: Kelvinid on April 14, 2024, 05:28:50 AM

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.

Its not a life time job but the possibilities are there. Trading is something that could be considered as a lifetime skill on which there's no one that could take it away from you at the moment that you have taught yourself
about on doing about it. There were people who do have that kind of assumption that they could really be able to learn up trading on a short time period and make themselves that rich but in the end they were
really that those people who do really have those kind of confidence that they could really be able to make money in short time but not shocking they do end up on opposite.
Trading could be a lifetime job as you do have that life time skill.

You could deal up with those traditional markets or would really be focusing on cryptocurrency market on which it would really be that totally depends on you on how you would really be
that making yourself that be able to sustain. Majority of traders would really be having that wish or target that they could really be able to acquire such skill and this is why they are really that continuing on thriving
despite of that hardship because we do know on what comes behind on the moment that we would be able to reached out such thing.

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Quote from: rhodelmabanal on May 29, 2024, 03:33:13 PM

I agree on that, because in life we have different destiny and strategy,there are times that we may fall but others are not,they win and we lose they continue and we are quiting,it is because of our different ways of handling the problem that we may face,its the same on trading,why we continue if we always lose? Or we are always stress and being scammed,this is the reason why others quit on trading,but we don't have the same destiny on trading there are others who enjoy ,stress free and not being scammed and they continue so i agree that trading is not for everyone but it can be still a life time job to those who are lucky on it.

This is really interesting, there are many traders out there who don't show off, they just focus on trading in their homes and make big profits without anyone knowing, this is what makes trading still have great potential to be made the main job for everyone, however, many people are still lazy to continue learning in trading, even many beginners just give up when they lose, only traders with a strong mentality can make trading their main job

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Quote from: Cornia on May 29, 2024, 11:34:28 PM

Trading is a stressful job. No one can trade all his life. Because I think he must have a mental problem. There is no entertainment in trading. Rather, traders often cannot spent time with their family for trading. Gradually they become alone. And it is harmful for mental health. Some time of life should be spent on trading. Trading has no specific job hours. So there is no alternative to real job to lead a healthy life.

Yes that's right. Trading is an activity that is full of psychological and emotional pressure, so it will cause stress for a person if it is not managed well and well. Due to the fact that trading, especially BTC trading, symbolizes the future of cryptocurrencies, and of course trading can be a job for life as long as we can control our emotions and divide our time with other activities, one of which is living a healthy life. live as you say. so that when trading we don't make it a burden, and it doesn't damage our mentality.

I believe crypto trading will have a long life because crypto, especially bitcoin is an asset of the future so trading will always be in demand. There are only a few things that make us no longer able to carry out trading activities, namely bankruptcy, memory loss and old age.

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Quote from: Yamifoud on May 30, 2024, 02:51:07 AM

Quote from: gunhell16 on May 30, 2024, 12:52:11 AM

Literally speaking, trading can really be a job or a source of income if we are talking about crypto trading. But your knowledge of trading must be extensive and deep, because if your knowledge is only superficial, it cannot be a source of income for anyone.

It will only appear in the end that you are just gambling when you trade here in the crypto space. Now, as long as there are buyers and sellers of coins that you trade here, there is also a chance that you can get a profit in crypto trading as well. Trading will only stop if the buyer of crypto assets also stops.

It could be a good job if you are really good at trading but if not, I suggest just considering this as a part-time job. Why? It is because of the nature of the market, the volatility makes traders especially if we don't have the capabilities and good knowledge about this lose than earning money. It is the fact that we need to understand that trading should not be taking easy nor do we make ourselves too confident.

And OP is right, health problem is one reason why we could say this is not a lifetime job. We could think that there is some limitations and the time will come that we can no longer perform that tasks like what we did while still young.

Understanding the possibilities and yes there's always an impact in terms of your physical health, especially those who can't handle pressures as stress may triggered different after-effects of those emotions that being released after several trades that you went thru, it's always good to understand and analyze your capacity,

and since it's more on assessments and analysis you must always be ready in terms of working side by side with your own knowledge and all those differect strategy that you can adopt and use espeially those that you already got and keep on adjusting to make sure that it will work with your type as a trader.

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Quote from: gunhell16 on May 30, 2024, 12:52:11 AM

Literally speaking, trading can really be a job or a source of income if we are talking about crypto trading. But your knowledge of trading must be extensive and deep, because if your knowledge is only superficial, it cannot be a source of income for anyone.

It will only appear in the end that you are just gambling when you trade here in the crypto space. Now, as long as there are buyers and sellers of coins that you trade here, there is also a chance that you can get a profit in crypto trading as well. Trading will only stop if the buyer of crypto assets also stops.

It could be a good job if you are really good at trading but if not, I suggest just considering this as a part-time job. Why? It is because of the nature of the market, the volatility makes traders especially if we don't have the capabilities and good knowledge about this lose than earning money. It is the fact that we need to understand that trading should not be taking easy nor do we make ourselves too confident.

And OP is right, health problem is one reason why we could say this is not a lifetime job. We could think that there is some limitations and the time will come that we can no longer perform that tasks like what we did while still young.

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Quote from: Stalker22 on May 29, 2024, 03:46:37 PM

Quote from: Cadaver20 on May 29, 2024, 03:07:33 PM

OP got some real points. I think the biggest problem in trading is mental stress. Can't stay in this stressful condition for too long. There is a possibility of loss as well as profit in trading. Only during bullrun we can earn some profit. So I think everyone should look for a real job. Trading can be per time job. Besides, we can also think of some stress free passive income.

Trading certainly has the potential to play games with your head. For the average person, a stable 9 to 5 is often the most prudent path and however, for those with the constitution to withstand the pressure cooker environment and who put in the tireless hours to master the intricacies of the trade, it can be profitable even in tough markets. But to be clear - this is no walk in the park; If you embark down this road, youd better have the stomach for it.

The bottom line? Trading can absolutely be a viable career, but it clearly isnt suited for everyone. There are other jobs notorious for their unrelenting stress levels - the difference here is that traders actively court said stress. Know yourself; if you have doubts about your resilience, perhaps a more traditional occupation is the wise choice. But for those willing to roll up their sleeves the potential payouts justify the nail-biting volatility.

Literally speaking, trading can really be a job or a source of income if we are talking about crypto trading. But your knowledge of trading must be extensive and deep, because if your knowledge is only superficial, it cannot be a source of income for anyone.

It will only appear in the end that you are just gambling when you trade here in the crypto space. Now, as long as there are buyers and sellers of coins that you trade here, there is also a chance that you can get a profit in crypto trading as well. Trading will only stop if the buyer of crypto assets also stops.

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Quote from: OrangeII on May 29, 2024, 10:41:08 PM

Quote from: |MINER| on May 29, 2024, 02:42:38 PM

It depends a lot on the trader's mental state and patience. Trading is very difficult to master. Not everyone succeeds in it. Then many give up. You have to trade with the acceptance that there will be loss in trading. And trading can never be kept as the main means of earning. I think it is wise to continue trading alongside a permanent job.

Yes, as long as we are not successful in the world of trading, it is very difficult to focus on it, especially when we don't have a source of income. Maybe some people can take risks in trading, and they get big profits. They dare to take risks because they have alternative income, and when they are lucky, they are successful in trading. Many people think that these people only focus on trading, and being successful. In fact, this is very difficult to do if we don't have other sources of income. I also recommend having other sources of income if you want to focus on this area.

To be able to achieve success in trading certainly requires experience and good knowledge about trading and those who dare to take risks in the trading they do certainly have a good understanding of trading so they will be able to know the right time to trade and it will benefit them.
Yes, of course they have to have other sources of income, don't just rely on income from trading, it's not certain that they can get definite profits from trading and if they don't have a source of income other than trading, of course this is very bad.

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Trading is a stressful job. No one can trade all his life. Because I think he must have a mental problem. There is no entertainment in trading. Rather, traders often cannot spent time with their family for trading. Gradually they become alone. And it is harmful for mental health. Some time of life should be spent on trading. Trading has no specific job hours. So there is no alternative to real job to lead a healthy life.

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Quote from: |MINER| on May 29, 2024, 02:42:38 PM

It depends a lot on the trader's mental state and patience. Trading is very difficult to master. Not everyone succeeds in it. Then many give up. You have to trade with the acceptance that there will be loss in trading. And trading can never be kept as the main means of earning. I think it is wise to continue trading alongside a permanent job.

Yes, as long as we are not successful in the world of trading, it is very difficult to focus on it, especially when we don't have a source of income. Maybe some people can take risks in trading, and they get big profits. They dare to take risks because they have alternative income, and when they are lucky, they are successful in trading. Many people think that these people only focus on trading, and being successful. In fact, this is very difficult to do if we don't have other sources of income. I also recommend having other sources of income if you want to focus on this area.

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love what you do, do it wholeheartedly, whatever you do or do,
If it's not what you want then it will feel tired and boring, meanwhile if you love what you are doing then it won't be as hard as trading.

It will feel boring and stressful if the person doesn't really like trading. Trading is now a job so those who really like trading will enjoy it

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Quote from: Cadaver20 on May 29, 2024, 03:07:33 PM

OP got some real points. I think the biggest problem in trading is mental stress. Can't stay in this stressful condition for too long. There is a possibility of loss as well as profit in trading. Only during bullrun we can earn some profit. So I think everyone should look for a real job. Trading can be per time job. Besides, we can also think of some stress free passive income.

Trading certainly has the potential to play games with your head. For the average person, a stable 9 to 5 is often the most prudent path and however, for those with the constitution to withstand the pressure cooker environment and who put in the tireless hours to master the intricacies of the trade, it can be profitable even in tough markets. But to be clear - this is no walk in the park; If you embark down this road, youd better have the stomach for it.

The bottom line? Trading can absolutely be a viable career, but it clearly isnt suited for everyone. There are other jobs notorious for their unrelenting stress levels - the difference here is that traders actively court said stress. Know yourself; if you have doubts about your resilience, perhaps a more traditional occupation is the wise choice. But for those willing to roll up their sleeves the potential payouts justify the nail-biting volatility.

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Quote from: MiF on May 29, 2024, 03:23:25 PM

Quote from: Kelvinid on April 14, 2024, 05:28:50 AM

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.

We have different mind set and limitation even if you are not enjoying in trading there are traders that still enjoying on it, and stress depends on your earnings if you didn't earn you will become stressful but if you earn you will feel stress free and still there are people who earn a lot on trading and they are stress free, the number 3 is about trust issue there are a lot of scams but we have different ways on how to detect scams so even if we are a victim of scams there are also people or traders that never experienced being scammed so for me trading is a lifetime job but it is not for everyone.

I agree on that, because in life we have different destiny and strategy,there are times that we may fall but others are not,they win and we lose they continue and we are quiting,it is because of our different ways of handling the problem that we may face,its the same on trading,why we continue if we always lose? Or we are always stress and being scammed,this is the reason why others quit on trading,but we don't have the same destiny on trading there are others who enjoy ,stress free and not being scammed and they continue so i agree that trading is not for everyone but it can be still a life time job to those who are lucky on it.

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Quote from: Kelvinid on April 14, 2024, 05:28:50 AM

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.

We have different mind set and limitation even if you are not enjoying in trading there are traders that still enjoying on it, and stress depends on your earnings if you didn't earn you will become stressful but if you earn you will feel stress free and still there are people who earn a lot on trading and they are stress free, the number 3 is about trust issue there are a lot of scams but we have different ways on how to detect scams so even if we are a victim of scams there are also people or traders that never experienced being scammed so for me trading is a lifetime job but it is not for everyone.

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Quote from: Kelvinid on April 14, 2024, 05:28:50 AM

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.

1. Totally stressful and sometimes gives anxiety but these are the things that you would really be able to encounter at the moment that you are just starting trading;
but on the moment that you do gain up that sufficient experience then you would really be able to find yourself that be able to control those feelings or emotions
on the moment that you do gain sufficient experience.

2. Trading isnt something that you do need to enjoy but it would really be that still a valid reason though that you should really be that loving on what you are
doing or having that passion and interest.If you do then adaptability and acceptance could really be there plus having that longer patience
since you do love on what you are doing.

3. Trust issue wont really be that much of a problem yet it would be a common sense thing for us to avoid on what are those potential scams
that in the market today. It cant really be avoided since we do already have that past experience. So it would really be that a common approach
or reaction that you would really be having.

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OP got some real points. I think the biggest problem in trading is mental stress. Can't stay in this stressful condition for too long. There is a possibility of loss as well as profit in trading. Only during bullrun we can earn some profit. So I think everyone should look for a real job. Trading can be per time job. Besides, we can also think of some stress free passive income.

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