TRADERS are not UNEMPLOYED

[milewilda]

Not all traders are unemployed but there were those people who do make out trading as their last resort because they do know that it could give out that kind of opportunity that they can be able to make money or able to make income on which this is actually true and possible but actually this isnt a skill that you could be able to learn in a short period of time. This is why its always been best that you do have a work first and making up some side trading and trying out to practice yourself on trading skills and if you do find out that you are already that having that skill and become sustainable then this is the time that you will really be considering on taking up some resignation.

[Nheer]

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

For profitable traders, I don't see the need to have an extra source of income. That mostly for newbie traders so that they can sustain themselves in the market. The market is very volatile and unpredictable and the best way to learn the forex market is to take good risk, have a good strategy and be consistent.

Well, I think that if profitable traders has some spare time for other jobs, it is not a bad ideas. For me, newbies traders actually needed more time on the market to master the market trends and patterns, while the most experienced traders should be the ones that could engage in other jobs and still meet their trading activities without no effects on their trading activities.
Honestly, the volatility of the crypto make it more better for the most experienced traders who engage on trading simultaneously besides other jobs. This is my opinion.
.

Experience traders or pro traders can really have other jobs like white collar jobs and other jobs and still have the comfort on trading and making analysis but for a new trader to analyze the market and make strategy, studying the market and still have a job would really destabilize the individual and end up being stress and discomfort. Only experience and knowledgeable pro traders would really enjoy the work and still have time to trade.
Your opinion isn’t bad at all I support your opinion.

[dekafee79]

Not all traders are unemployed but there were those people who do make out trading as their last resort because they do know that it could give out that kind of opportunity that they can be able to make money or able to make income on which this is actually true and possible but actually this isnt a skill that you could be able to learn in a short period of time. This is why its always been best that you do have a work first and making up some side trading and trying out to practice yourself on trading skills and if you do find out that you are already that having that skill and become sustainable then this is the time that you will really be considering on taking up some resignation.

It takes courage to quit your real-world job and focus on trading, I didn't dare to do it. because I couldn't make consistent profits in trading and my family needed money to live.
I did trading as a side job to supplement my income.

[sampoerna]

Not all traders are unemployed but there were those people who do make out trading as their last resort because they do know that it could give out that kind of opportunity that they can be able to make money or able to make income on which this is actually true and possible but actually this isnt a skill that you could be able to learn in a short period of time. This is why its always been best that you do have a work first and making up some side trading and trying out to practice yourself on trading skills and if you do find out that you are already that having that skill and become sustainable then this is the time that you will really be considering on taking up some resignation.

It takes courage to quit your real-world job and focus on trading, I didn't dare to do it. because I couldn't make consistent profits in trading and my family needed money to live.
I did trading as a side job to supplement my income.

Yes, it is indeed quite risky when we decide to focus on trading and make trading our main job, and let go of our work in real life. Really, it is very risky.

But in fact, there are some of my friends and maybe many out there who do it. However, they are different from us or people who are not as focused and successful in crypto trading. So, they usually have gone through a long process, and have found their own strategy so that they can get more profits than losses in crypto trading. And that has been going on for a long time, so they have the courage to leave their real life jobs and focus on crypto trading.

But that's for some people. For me, I personally don't dare to do it.

[dekafee79]

Yes, it is indeed quite risky when we decide to focus on trading and make trading our main job, and let go of our work in real life. Really, it is very risky.

But in fact, there are some of my friends and maybe many out there who do it. However, they are different from us or people who are not as focused and successful in crypto trading. So, they usually have gone through a long process, and have found their own strategy so that they can get more profits than losses in crypto trading. And that has been going on for a long time, so they have the courage to leave their real life jobs and focus on crypto trading.

But that's for some people. For me, I personally don't dare to do it.

I also don't dare to quit my real world job, to focus on trading. As I said before, I have a family that I have to provide for while my trading skills are not good because I am not a professional trader. so so far trading is just a side job for me, to get additional income.
I really appreciate those who have the courage to focus more on trading, and as you said they must have gone through a long process.

[LogitechMouse]

I also don't dare to quit my real world job, to focus on trading. As I said before, I have a family that I have to provide for while my trading skills are not good because I am not a professional trader. so so far trading is just a side job for me, to get additional income.
I really appreciate those who have the courage to focus more on trading, and as you said they must have gone through a long process.

If you can do both at the same time, why quit?
I mean as long as you're happy with your work while doing trading, and it doesn't cost you too much time then by all means, don't quit.

If you're profitable in trading, but you feel that you can't make it as a stable income then don't quit. Now if you're making profits already that's more than your monthly salary in your work and you're doing it consistently then it's your decision now if you will quit on your job or not. Traders aren't unemployed, but I would call them as self-employed, or more of a work-from-home type of worker. At the end of the day, there are traders out there that are making too much money on trading already that they don't need to spend 8 hours to be paid minimum.

Learning trading, and be an expert with it will cost you money, and time, but once you become an expert, it will be worth it. It's a skill that can yield you money if you know what you're doing, same if when you have a skill and you're offering it with others.

[Rubel007]

There are many professional traders who make a living from trading, but not everyone can make a living from it. There are many who trade and lose their investments. It is best if a trader has an alternative source of income and if he does not consider trading as his source of income, then he can invest in trading for a long time and even if he loses from his trading, he will not deviate from trading, which will help him gain more experience.

[dave_strider]

It takes courage to quit your real-world job and focus on trading, I didn't dare to do it. because I couldn't make consistent profits in trading and my family needed money to live.
I did trading as a side job to supplement my income.

It's a risky endeavor indeed.
However, of course, it's possible if enough determination and willpower goes toward it - discipline would be the main thing as well.

You took the safer option - which is completely fine too!

[LUCKMCFLY]

It takes courage to quit your real-world job and focus on trading, I didn't dare to do it. because I couldn't make consistent profits in trading and my family needed money to live.
I did trading as a side job to supplement my income.

It's a risky endeavor indeed.
However, of course, it's possible if enough determination and willpower goes toward it - discipline would be the main thing as well.

You took the safer option - which is completely fine too!

When a person dedicates himself to the market and trading it is something that I admire a lot, I would like to do it, but I still do not feel safe, it is something that Requires a lot of security and a lot of determination, when you have a family you cannot do certain things or take such big risks because you cannot fail them, however, what you do I hope it goes very well , y ou have already taken the step, now what remains is to continue there, I really would like to live only from trading one day, but I still feel that I have a lot to learn.

[JoyMarsha]

You can treat trading as your business if you want to. But when people around you are just used to thinking being employed means going to a workplace, they'd still be seeing you as unemployed.

What matters is you are earning. You could tend other things to do though which is a big plus being a trader. You have freedom.

Every one of us has the freedom to choose whatever we want to have as a job without seeking any explanation of why we chose it.

In most of the jobs of recent times of this digital era, it is no longer a must for someone to have a workplace before someone will know that you are working because someone can work from home, at any time they feel or want to.

[milewilda]

Not all traders are unemployed but there were those people who do make out trading as their last resort because they do know that it could give out that kind of opportunity that they can be able to make money or able to make income on which this is actually true and possible but actually this isnt a skill that you could be able to learn in a short period of time. This is why its always been best that you do have a work first and making up some side trading and trying out to practice yourself on trading skills and if you do find out that you are already that having that skill and become sustainable then this is the time that you will really be considering on taking up some resignation.

It takes courage to quit your real-world job and focus on trading, I didn't dare to do it. because I couldn't make consistent profits in trading and my family needed money to live.
I did trading as a side job to supplement my income.

Yes, it is indeed quite risky when we decide to focus on trading and make trading our main job, and let go of our work in real life. Really, it is very risky.

But in fact, there are some of my friends and maybe many out there who do it. However, they are different from us or people who are not as focused and successful in crypto trading. So, they usually have gone through a long process, and have found their own strategy so that they can get more profits than losses in crypto trading. And that has been going on for a long time, so they have the courage to leave their real life jobs and focus on crypto trading.

But that's for some people. For me, I personally don't dare to do it.

This should really be something that be put up in mind is that when it comes to process then this would really be a long time or term process on which this isnt a skill that could be learned overnight. There are those people who do become that optimistic that they can do it in a short period of time not until into the moment or time that you do experience for yourself about the reality on how to deal up with moving prices and predicting on where it would be going, then y ouwill be having that kind of realization that its never been that an easy thing or something that do speak about on trying out to take a grasps in a short time period. Its not easy or simply being hard but it doesnt mean that it would be impossible to learn. It do really just that take up some time and tons of efforts.

[LogitechMouse]

You can treat trading as your business if you want to. But when people around you are just used to thinking being employed means going to a workplace, they'd still be seeing you as unemployed.

What matters is you are earning. You could tend other things to do though which is a big plus being a trader. You have freedom.

This has been posted months ago, but I just saw this today, and TBH, I'm one of the many people out there that many thought that I was unemployed because I'm not working physically and I'm just at home all the time.

Just to share a story. Ever since I graduated, I find an online job where I'm earning a few bucks. It's way more than what I earn if I work 8 hours here as an employee, so I decided not too. Many thought that I was unemployed and I'm not earning anything until the pandemic came and many shifted their work. That's when they realize what I'm doing and after that happened, I'm not hearing any negative things about me and my work anymore. Well, I'm returning to work as an employee in the future for my personal reasons despite having an online job.

As for freedom, I'm the type of person that prioritizes freedom that's why I always want to work from home as I have a control of myself unlike working 8 hours. At the end of the day, it really is all about how much we earn.

[bayu7adi]

Just to share a story. Ever since I graduated, I find an online job where I'm earning a few bucks. It's way more than what I earn if I work 8 hours here as an employee, so I decided not too. Many thought that I was unemployed and I'm not earning anything until the pandemic came and many shifted their work. That's when they realize what I'm doing and after that happened, I'm not hearing any negative things about me and my work anymore. Well, I'm returning to work as an employee in the future for my personal reasons despite having an online job.

As for freedom, I'm the type of person that prioritizes freedom that's why I always want to work from home as I have a control of myself unlike working 8 hours. At the end of the day, it really is all about how much we earn.

Yep, there are people like you here too... everyone has a different mindset, as long as we respect each other's work, it won't be a big problem actually... it's just that, there are still many stigmas among adults today that work is 9 to 5 and wearing a uniform with a salary that is paid every month routinely... that's not wrong either... and seeing freelancers who like to develop their passion, that's also not wrong... maybe in terms of social status, society's views must be different, but never consider jobs like trading or other jobs with irregular income as lowly jobs.. don't..

Trading in the hands of professionals, is a source of unlimited money, even more money can be made by a professional trader... it's just that, not everyone can become a professional trader, because it takes a lot of hard work there..

[Mr. Magkaisa]

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.

         -        This is just my thought, I think it's better to think of trading just for fun but you study and know the pros and cons of it. So at least, this is our mindset but if we do technical analysis, the chances of us getting a profit are high.

Rather than thinking that this is like a job although there is also truth, it's better to just think of it as a hobby at least we don't have anyone else to blame in the end.

[Bobcrypto]

If you're just starting to be a trader and had a goal on it, you should have a stable job first outside of trading, When you're earning double of what you earned your job on trading, that's the time that you leave the job and go full-time trading.
Trading is a rewarding and fulfilling job because you have flexible time and you command what you earn compared to your job, where your income is fixed.

It is important that once your trading activities is conflicting with your regular job, and trading is mor profitable, it is a good idea to let go the regular job and focus on trading as full time source of income.
Actually, if a traders had large capital on crypto trading, it  should consider being a full time trader, because what matters is the ability to take care of your needs regularly.
In addition, if as a trader, you are earning more on trading crypto assets than a regular job, in my opinion. it is better to be a full time trader.