TRADERS are not UNEMPLOYED

[Stuart]

As a trader, you're more like a normal business person, just that you don't leave your room or apartment. Trading gives you self freedom, a boss of your self, time and work flow. It is not mandatory to be employed by someone or work for someone, though it is necessary that you have other methods of acquiring income, cause the crypto market is not really friendly all the time, or you can't really take what you want all the time you wish.

For me, I think as a trader, more of your time is online. One can trade and have other activities that can fetch money online without working out of the apartment. The internet is filled with lots of ways for acquiring multiple stream of income. When the market becomes boring or no zeal/good entry point, one can switch to something else online.

Though, this could have some psychological effect on human relationship and behavior. Having almost all your time with the internet can reduce your real life performance amongst your peers.

To your question, Traders are self employed and a major thing that differentiate them from normal business people out there is that traders has freedom, they are no pinned down to a particular point. Which means you can be anywhere when you want.

[doc]

Well, before now, I did think that trading is something that should only be taken as side hustle and not rely upon for a life time but from the experience I have gathered so far, trading is actually a greate difficult skill that can be properly learned by anyone that is determined to do so and can make money from it every day. While learning how to trade, it's improper to quite your job or rely on trading but it should only be relayed upon after you have master how to take profit daily from the market. From my experience in the market so far, I don't think it's difficult to collect at least 20% profit from the market every day.  Imagine starting with $100 and taking 20% profit every day which is very very possible for an experience trader.

Taking  20% profit from   $100 capital in trading is something big, I only take  10% profit from the trading I do every day, even though sometimes I experience losses but my portfolio is still high and profitable because I will maximize the profit so that the losses I suffer can be covered.

[bayu7adi]

For me, I think as a trader, more of your time is online. One can trade and have other activities that can fetch money online without working out of the apartment. The internet is filled with lots of ways for acquiring multiple stream of income. When the market becomes boring or no zeal/good entry point, one can switch to something else online.

What is difficult to control is when the flexibility of time offered for the trading profession is actually misused and even many people lose control... traders do not fully learn and experiment all day long, but they also rest and cool their brains... the big problem is when they start to be lazy because of the benefits of flexible time from trading activities... and they actually miss many opportunities...

That is actually also included in the challenges....

In addition, why do traders tend not to be called workers or employees? Maybe the income is still small and cannot be recognized as a strong trader, so many doubt their profession... because growing into a trader cannot be done in just one night.

[Bobcrypto]

There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably.

anyway, I have created this topic in another forum.

Trading is one of the best profitable crypto in cryptocurrency market. But i think that it’s not an employee. So i am also agree with your best valuable comment. We also believe that we can earn best profit from crypto trading system. But if we cannot understand in trading system, then it will be very risky for us. So we also see that many investors could be losses his asset from crypto trading system. Because they could not understand in trading. So i think that trading will be one time free earning source in cryptocurrency market.

I had once made a post concerning trading as job or a career on a related topic, and again, I will also emphasize that Crypto trading is a job in as much as you are earning consistent income from it to take care your needs in life.

Now, what is a job? A specific activity that one does to earn a leaving, it is in line with one's profession or occupation.

[alltalk]

What is difficult to control is when the flexibility of time offered for the trading profession is actually misused and even many people lose control... traders do not fully learn and experiment all day long, but they also rest and cool their brains... the big problem is when they start to be lazy because of the benefits of flexible time from trading activities... and they actually miss many opportunities...

If they become lazy because of the flexibility of time, it means they aren't professional traders. When someone consider trading as their jobs, they must optimize the chance of getting profits and never think to waste time in trading. They also will keep learning everyday, even they learn from a small matter. This is how professional traders will do in trading. But if people only trade for fun, they don't consider it as a job.

In addition, why do traders tend not to be called workers or employees? Maybe the income is still small and cannot be recognized as a strong trader, so many doubt their profession... because growing into a trader cannot be done in just one night.

It depends on your capital. If you use thousands of dollars, you must be possible to get big profits daily in trading. I'm sure you won't use small capital when you consider trading as your main job. People only use small capital in trading because they consider it as a side job or a fun activity.

[Mr. Magkaisa]

        -     For me trading is a business, so as a trader you own a business here in this field of industry. Your product here is crypto assets, because the business here is you buying crypto assets that you think will increase in price in the future at a low price.

In short, this is a business where the market or the buyers and sellers are not the problem, the beauty here is that there is actually no hassle, you are not pressured here, just don't jump into futures trading without having enough knowledge about trading.

[Faisal2202]

There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably.

anyway, I have created this topic in another forum.

That's why I suggest we must do an easy job that is not too stressful if we want to trade not because of this reason alone that others will say hey this person is doing a real job but because another job or business can be a stable source of income because we know via trading we can't make stable income even we can't make profit in bull season sometimes.

Trading is a game of patience sometimes we have to keep patience to take an entry and it can take days and day traders and scalpers are mostly on future trading so there is always risk of losing it all. So it's just so stressful that's why I will suggest to anyone to gave a side source of income if you have enough money then start business otherwise do easy Job.

[milewilda]

        -     For me trading is a business, so as a trader you own a business here in this field of industry. Your product here is crypto assets, because the business here is you buying crypto assets that you think will increase in price in the future at a low price.

In short, this is a business where the market or the buyers and sellers are not the problem, the beauty here is that there is actually no hassle, you are not pressured here, just don't jump into futures trading without having enough knowledge about trading.

Its not business literally but it is really that in line with it since we are talking about holding and selling it out when the right time comes. The primary target we do have is to make profits and trading could really be giving out that kind of chances to make profits. Somehow it will be not advisable that you do deal up with futures trading because this is far more risky than with spot one.  Expect the unexpected when it comes to situations that do happen into this market because everything will really be that totally unpredictable. Once you do able to have that good grasps on taking up such this skill then this is something that will really be making you have that opportunity that could freed you on having that 8-9 job.

[Didia Sofunichi]

There's no better way to be employed than to be self employed through trading. The benefits of self employment is that you're your own oga. You can manage your time yourself and your are often not under any pressure to meet a certain target neither will you be faced with the threats of sack all the time. Trading is honourable because it is a legal way of making money.

[jeraldskie11]

        -     For me trading is a business, so as a trader you own a business here in this field of industry. Your product here is crypto assets, because the business here is you buying crypto assets that you think will increase in price in the future at a low price.

In short, this is a business where the market or the buyers and sellers are not the problem, the beauty here is that there is actually no hassle, you are not pressured here, just don't jump into futures trading without having enough knowledge about trading.

For me, it depends on how good at trading a trader is. If a trader can make money regularly or can sustain his daily needs just by trading then we can call that it's business for him. Because when talking about business, you can make money with no boss but you. If a trader is not yet profitable, and have a problem with his emotion, and can't stick to his trading plan, we can't call that as a business for him. If he keeps on trading without fixing that problem it's called gambling.

[bayu7adi]

For me, it depends on how good at trading a trader is. If a trader can make money regularly or can sustain his daily needs just by trading then we can call that it's business for him. Because when talking about business, you can make money with no boss but you. If a trader is not yet profitable, and have a problem with his emotion, and can't stick to his trading plan, we can't call that as a business for him. If he keeps on trading without fixing that problem it's called gambling.

+1... As long as it can't provide benefits, and still depends on luck alone, it's really gambling... we can see that gambling doesn't always win, so it really makes a loss... almost the same as trading activities, where when trading activities can't provide stable income, it really can't be considered a valid business or job... it could be that he is still in the learning stage, and everyone has different abilities in learning... someone can quickly learn and understand something, while others are too slow for that.

I agree with you, sir.. other people judge us by the results, only a few accept the process... because the results are a reflection of what we really do, whether it can be used as a business or just stop at the learning stage.

[jeraldskie11]

I agree with you, sir.. other people judge us by the results, only a few accept the process... because the results are a reflection of what we really do, whether it can be used as a business or just stop at the learning stage.

That's the reality in this world we lived in, they respect you based on your wealth or what kind of person you are. So since we can't control them, we should focus on our business and never mind what would they think of us. It's just a waste of time. Instead, we just focus on trading no matter what they say, your hard work will pay off in the right time.

[sagarmota10]

I'm also thinking that the trading is easy way to earn money but trading also test our emotions while doing the positions in market so always do proper risk management while doing trading. We have to some techniques or strict notes for trading so we can control ourselves.

[DragonF]

For me, it depends on how good at trading a trader is. If a trader can make money regularly or can sustain his daily needs just by trading then we can call that it's business for him. Because when talking about business, you can make money with no boss but you. If a trader is not yet profitable, and have a problem with his emotion, and can't stick to his trading plan, we can't call that as a business for him. If he keeps on trading without fixing that problem it's called gambling.

Well said! All it takes for a trader to be able to claim trading as a job is for him to have completed his homework and understand the basics of trading and how to generate steady profits from it. Despite the fact that most people believe that traders are employed, not all of them are making profit. For traders to be able to turn trading into a source of income, it is crucial that they master the art of trading.

This mastery puts the trader in a position where he can make money from trading, and since he is certain to be consistently profiting a trader can then choose to concentrate on trading as a means of surviving. The advantage of trading is that you have complete control over your trading style and timing, so you do not have to work under pressure to please boss as you mentioned.

[alltalk]

I'm also thinking that the trading is easy way to earn money but trading also test our emotions while doing the positions in market so always do proper risk management while doing trading. We have to some techniques or strict notes for trading so we can control ourselves.

If you have good knowledge in trading, you may assume trading is easy to do. However, many people assume trading is difficult because it requires good analysis in selecting the coins and knows well the time for buying-selling. And we don't forget that we must understand well the strategy for trading effectively. So, it is not only about controlling our emotion, the ability in trading is very crucial as well.