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Author Topic: Choose trading as a career only if...  (Read 6112 times)

Offline lombok

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Re: Choose trading as a career only if...
« Reply #75 on: November 25, 2024, 05:21:43 AM »
You know sometimes when we talked about trading we need to reconsider the types of trading that are there, you know most people often buy and hold to see little changes and when they see some profit they easily sells off their coin, at this point they can classified it as trading but to me this is not trading but a kind of short term investment or scalping which we don't see it as trading, even though we must calls it trading the risk level is very minimal. So anyone doing such trading can easily said it's not difficult and one doesn't lose while trading.
Actually, Trading is an activity that needs different strategies and pursue according to the need and capability of the individual. Sometimes we do take stable resultable steps with a little bit of safer steps. In this instance, it does make sense to quickly buy and sell, smaller amounts, for small profits. Yet this method still needs very meticulous planning and the grasping of the market condition in order to obtain results as expected.

I don’t want to lose, but I live to learn too. And while low risk or high risk in trading, each step we take us provides us valuable lessons. Open to possibilities and managing expectations will make our understanding of the market richer. Performing this activity with focus will increase our confidence and we can have the chance to reach the best result.

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Re: Choose trading as a career only if...
« Reply #75 on: November 25, 2024, 05:21:43 AM »

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Offline Vx1

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Re: Choose trading as a career only if...
« Reply #76 on: November 25, 2024, 04:26:50 PM »

$10 funds are bought with Solana memecoins, if you are lucky your money can increase x100 more.
But that is waiting for luck to be on your side, you should collect more capital to enter the crypto market.
If it is only $10 it will quickly get boring, especially since we cannot buy more coins as a trading option that we will do.
good suggestion, we can buy meme solanan with $10, but do we just wait for that one coin. if we have a lot of capital we can diversify into several coins which gives us many opportunities to gain profit.
i am not a meme coin lover, but i also have several meme coins in my wallet. my biggest asset is in the top coins,
We can buy and invest with many coins if we have a lot of capital, if our capital is small how to divide it ?! Then we have to try again to get more capital if we want to trade or invest in crypto. If we want to get capital from here, we can participate in the Airdrop campaign or Signature campaign. But unfortunately not everyone has the time to do that, so we have to be smart in getting capital and processing it here to get more profit.

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Re: Choose trading as a career only if...
« Reply #76 on: November 25, 2024, 04:26:50 PM »

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Offline emmybd

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Re: Choose trading as a career only if...
« Reply #77 on: November 25, 2024, 07:56:14 PM »
One has to have several years experience, if he wants to take trading as a career. It will be difficult for a beginner to take trading as a career. With tons of experience and knowledge he can gain success.

Online Bobcrypto

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Re: Choose trading as a career only if...
« Reply #78 on: November 25, 2024, 09:50:48 PM »
Trading should be part time job and notva career because I see 5000 dollars still small for a new trader to start with in a volatile market, because in the long run, you might lose that funds. This means that to be successful in trading you must be rich to start trading. There is no guarantee that you will nake profit in trading and losses are inevitable no matter how professional you are in trading. It will be nice for me to invest $5000 in bitcoin and simply hodki than risking it in trading with a lot of stress and emotional drama.

Mate Holding $5000 on a form of short or Long term investment is the same on trading with $5000 except you are on a future or margin options with leverages. For example, if A buy Bitcoin at $94000, and decided to hold his/her positions till a favorable price renge, it is reasonable to see Mr B trading with $5000, buys bitcoin at $94000 and sell at $98000 or less. The worst case scenario for both party is similar or even the same.
Now, Mr A, may plan to hold for three years whether Price goes up or down, but Mr B may also decide to sale with a little profit margin, or hold his position, come back to sell once prices rises to certain price level to buy again when it goes dip.
In a nutshell, except you are on future or margin options, Holding or trading with $5000 has no economic differences in my opinion.

Offline bhadz

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Re: Choose trading as a career only if...
« Reply #79 on: November 25, 2024, 10:16:16 PM »
Someone can start for as low as the minimum trading amount required by any exchange but I agree, someone who wants to see some significant gains needs also some quite good amount. Well, at least first learn the small way through capital that will signify as your money for experience and to understand more depths of trading. But if you have a better choice, you don't have to wrestle against the market by being a day trader, work for some other things, DCA, invest and trade when in profit.

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Re: Choose trading as a career only if...
« Reply #80 on: November 28, 2024, 07:15:46 AM »
You know sometimes when we talked about trading we need to reconsider the types of trading that are there, you know most people often buy and hold to see little changes and when they see some profit they easily sells off their coin, at this point they can classified it as trading but to me this is not trading but a kind of short term investment or scalping which we don't see it as trading, even though we must calls it trading the risk level is very minimal. So anyone doing such trading can easily said it's not difficult and one doesn't lose while trading.
Actually, Trading is an activity that needs different strategies and pursue according to the need and capability of the individual. Sometimes we do take stable resultable steps with a little bit of safer steps. In this instance, it does make sense to quickly buy and sell, smaller amounts, for small profits. Yet this method still needs very meticulous planning and the grasping of the market condition in order to obtain results as expected.

I don’t want to lose, but I live to learn too. And while low risk or high risk in trading, each step we take us provides us valuable lessons. Open to possibilities and managing expectations will make our understanding of the market richer. Performing this activity with focus will increase our confidence and we can have the chance to reach the best result.
Of course everyone always want to utilize every single opportunity that comes across them while trading but the ability and correspondence to effectualized it counts most, since most of them aren't that stable enough in trading neither do want to involved themselves with taking little profits. Trading is simply but it depends on how we values it or what modalities to implore for effective trading.

Offline Rubel007

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Re: Choose trading as a career only if...
« Reply #81 on: November 28, 2024, 07:50:12 AM »
Someone can start for as low as the minimum trading amount required by any exchange but I agree, someone who wants to see some significant gains needs also some quite good amount. Well, at least first learn the small way through capital that will signify as your money for experience and to understand more depths of trading. But if you have a better choice, you don't have to wrestle against the market by being a day trader, work for some other things, DCA, invest and trade when in profit.
In trading, a trader must consider the risk. If he wants to take the risk, he can take it because if the risk is high, the potential return will also increase. But if he is a beginner, I think it is better for him to trade with a small stake. By running their business activities with a small amount of money, they can become big traders. Initially, one should observe the risk factors and trade. And when someone wants to take trading as a profession, then he must acquire good skills in all the necessary things in trading and conduct trading activities. Trading is related to money, so there is no chance to consider it unimportant in any way.

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Re: Choose trading as a career only if...
« Reply #81 on: November 28, 2024, 07:50:12 AM »


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Re: Choose trading as a career only if...
« Reply #82 on: November 28, 2024, 12:40:09 PM »
Trading should not be a career unless... It can be a career when a trader see something positive about it. Assuming you have a reliable work, but also you are trading. If you are trading and trading is meeting your expected profit and also in a way you do not depend on other jobs, then you can make trading a career. Make trading a career when trading the profit from trading convince you about it as you make money from it that can sustain you, your family and savings in long period of time like many months to a year or 2.

Normally, anyone chosen a career know that there are something positive about it, fortunately, there are positive things about Trading that can make it an individual career or profession.
Now, a career is referred to an individual chosen profession or occupation. A career mainly uses skill and talents while providing personal fulfillment and a sence of purpose. Trading is worth the time and energy as long you are making the desired progress over times.

Offline armanda90

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Re: Choose trading as a career only if...
« Reply #83 on: November 28, 2024, 02:04:21 PM »
I see trading not as job at all. Or you means it should be seen as a side job and not a main job. But yet I prefer not to see trading as a job. Trading is very risky. Most traders are losing is the reason. But anyone that is trading for a long period of time and have huge profit can see it as job.
Trading is very risk and make as main job have many bad possibility in the future but difference in my country how difficult looking for job have good payment salary I don't think problem make trading as main job. Actually trading very good way as side job how to help our financial condition behind have main job, but many trader earn much profit in trading more bigger than how much salary payment receiving with their main job.
Personally, I will make trading as my side job and keep priority if have good main job with good salary payment but today very difficult in my country regulation have limited age looking for job and very small salary receiving with daily working take more than 10 to 13 hours.

Offline nakmantu99

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Re: Choose trading as a career only if...
« Reply #84 on: November 28, 2024, 09:52:21 PM »
I see trading not as job at all. Or you means it should be seen as a side job and not a main job. But yet I prefer not to see trading as a job. Trading is very risky. Most traders are losing is the reason. But anyone that is trading for a long period of time and have huge profit can see it as job.
Trading is very risk and make as main job have many bad possibility in the future but difference in my country how difficult looking for job have good payment salary I don't think problem make trading as main job. Actually trading very good way as side job how to help our financial condition behind have main job, but many trader earn much profit in trading more bigger than how much salary payment receiving with their main job.
Personally, I will make trading as my side job and keep priority if have good main job with good salary payment but today very difficult in my country regulation have limited age looking for job and very small salary receiving with daily working take more than 10 to 13 hours.
I have a main job in the real world and also have a business managed by my wife. so for me trading is just a side job because of my busyness in the real world.
so I never consider trading as my main income, this is just additional income. because my main income is from real world work and business.
I haven't been trading for long, only about 6-7 years and have not become a professional because I have many shortcomings when making analysis and strategies

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Re: Choose trading as a career only if...
« Reply #85 on: December 03, 2024, 04:29:19 PM »
I have a main job in the real world and also have a business managed by my wife. so for me trading is just a side job because of my busyness in the real world.
so I never consider trading as my main income, this is just additional income. because my main income is from real world work and business.
I haven't been trading for long, only about 6-7 years and have not become a professional because I have many shortcomings when making analysis and strategies

It is always good to have a main job because just relying on trading is not very good, unless you always have a profitability and that is very difficult, I personally say that it is still difficult for me to do trading, because I do not dedicate 100% of the time to it, there are many things to do, but I think that for now I would not take it as a main job, but I would like that at some point that was my main job, but you have to be studying each thing every day, the whys, everything, it is always good to do that type of analysis, I think that we all make mistakes when analyzing the entire market and it is normal, the important thing is to get ahead.
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Online milewilda

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Re: Choose trading as a career only if...
« Reply #86 on: December 04, 2024, 01:52:12 PM »
Most people lose in trading because they're not really prepared for it so certain qualities are necessary for someone to choose trading as a career path.

First thing is capital and risk tolerance, yes even though we can start trading with as low capital as possible but to make it as a career it needs atleast decent capital like $5000 range that will give better cushion to make trading decisions and could be enough to make something like needed for survival let's say $500  which itself 10% profit which is difficult but possible with right choices.

I would like to hear from you, what would you like to add into this list for someone who wants to make a career out of trading cryptos.
Pretty sure that majority will really be that guilty with this on which on the time that we've seen someone who do make out some trades then the first thing that comes up into your mind is that you could actually do it also on which it might really that look so simple on the moment that you've seen that you are really that be making up some simple buy and sell with the price on which this is really just that a common impression specially on your first time. At the moment that you do find yourself that on doing such trading then you will really be able to tell into yourself that it wasnt easy. This is why people do usually make up some realizations on the moment or time that they have experienced the worst things.

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Re: Choose trading as a career only if...
« Reply #87 on: December 04, 2024, 08:35:40 PM »
Most people lose in trading because they're not really prepared for it so certain qualities are necessary for someone to choose trading as a career path.

First thing is capital and risk tolerance, yes even though we can start trading with as low capital as possible but to make it as a career it needs atleast decent capital like $5000 range that will give better cushion to make trading decisions and could be enough to make something like needed for survival let's say $500  which itself 10% profit which is difficult but possible with right choices.

I would like to hear from you, what would you like to add into this list for someone who wants to make a career out of trading cryptos.
Pretty sure that majority will really be that guilty with this on which on the time that we've seen someone who do make out some trades then the first thing that comes up into your mind is that you could actually do it also on which it might really that look so simple on the moment that you've seen that you are really that be making up some simple buy and sell with the price on which this is really just that a common impression specially on your first time. At the moment that you do find yourself that on doing such trading then you will really be able to tell into yourself that it wasnt easy. This is why people do usually make up some realizations on the moment or time that they have experienced the worst things.
Honestly, trading is not easy, because it requires knowledge and also must always train skills in order to make the right analysis and strategy. Maybe those who at the beginning see trading as easy just buy and sell to get profit but they forget that the crypto market is very volatile and difficult to predict. sometimes different from what we expect and make us lose, and this requires experience to be able to have expertise as a professional trader

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Re: Choose trading as a career only if...
« Reply #88 on: December 05, 2024, 02:34:16 PM »
Honestly, trading is not easy, because it requires knowledge and also must always train skills in order to make the right analysis and strategy. Maybe those who at the beginning see trading as easy just buy and sell to get profit but they forget that the crypto market is very volatile and difficult to predict. sometimes different from what we expect and make us lose, and this requires experience to be able to have expertise as a professional trader
Yes, Facing the world of trading involves having preparation in knowledge and desire skills that are developed continually. What is considered basic such as buying and selling involves many factors that we need to learn, due to sometimes erratic market fluctuations. Understanding and the spirit to learn with failures form some of the key aspects of our process of establishing ourselves as sound trading partners. If we want to carry on learning and hence overcome the problem, we can avoid them in the future and make better decision.

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Re: Choose trading as a career only if...
« Reply #89 on: December 05, 2024, 02:50:28 PM »
Honestly, trading is not easy, because it requires knowledge and also must always train skills in order to make the right analysis and strategy. Maybe those who at the beginning see trading as easy just buy and sell to get profit but they forget that the crypto market is very volatile and difficult to predict. sometimes different from what we expect and make us lose, and this requires experience to be able to have expertise as a professional trader
I can say that nothing is easy in this world, what makes something easy is because of knowledge and experience, especially if we talk about trading, it is not easy to do at all.

However, with extensive knowledge and sufficient experience, at least it will make us understand more about what we have to do. Does not make trading easy, because once again it is full of risks. But at least this can minimize the risk.

 

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