Quote from: Hamphser on August 06, 2023, 08:46:19 PM

Quote from: EarnOnVictor on August 06, 2023, 04:11:23 PM

Quote from: rojan on August 04, 2023, 03:09:57 AM

Quote from: coinerer on August 03, 2023, 06:23:33 PM

Many are choosing trading as a profession but since there is no guarantee of regular profit here one must have a source of passive income besides trading. But a jobless person can do day trading to meet his daily expenses but he must also find another source of passive income. he should never depend on trading alone. Day trading or long term holding should be everyone's side income. this is my personal advice. Because crypto trading and holding can suddenly change a person's life but it is not seen regularly

I like your valuable opinion. It would be good if we have extra income for trading. We can't trade with the thought of always making a profit, so it would be good if we have the benefit of extra income along with the trade. So that with the barti income money one should keep the source of income to run his family and himself. And if someone tries to run his family and himself on top of the entire trade then he will never do well. Yes I have seen investing. The fortunes of many have changed but I don't know if it is right to expect that the fortunes of all will change.

Trading is very risky, and on top of that, it's such that needs one to detach themselves from the desperate expectations of gains coming from it. Else, the trader will be emotional and you know what the result of that would be. Although the scope of the OP from the beginning is to establish the point that day trading needs more time and that time could be only created by the jobless people which I so much agree with.

Only that there is more to the joblessness in trading. If someone is gainfully employed and still knows how to trade, it's a better arrangement as you might trade less emotion. But that's not the same with someone that fully depends on trading to survive.

Very risky indeed and we do know that you would really be needing up capital on which means that if you are that someone who would really be having that struggling on having a job but ends up on making trading

as their last resort then they would really be putting up themselves on big trouble on which its true that it isnt something an option for someone for them to be able to sustain knowing that trading is never been simple.It would really be requiring that sufficient knowledge and skills for them to be able to survive and making a living. Going into the situation on which on a particular person do ends up on becoming a
real trader or professional is on the time that they could able to sustain out on making profits in the end of the day but acquiring these skills wont really be simple as it sounds.

Yes, there are traders who could really make out a living but if these things are you trying out to pursue just because you do see this is the fastest and worthy way on making yourself having that financial
freedom then you do really have those wrong or misconceptions in mind which needs to be corrected.

Sooner or later you would really be making yourself getting desperate because you have lost that much, you arent expecting that you will lose money rather than on gaining on which this is really basing up with your initial impression on what most newbies do. You wont really be able to learn up things on point but rather it would really be depending on the experience that you had able to encounter and you would be finding that its never been something that suitable or getting in line on what you do believe basing up on what you do currently encounter. This is why errors or mistakes do usually come at the end because of lack of initial research and lack of understanding on how this market works and not to be able to reassess things which needs to be done first before making such act or step.

I agree on what you have said that traders could make a living out of the market playing with those movements but its not something that everyone could be able to acquire or achieve out.
It would be needing tons of experience and skills for you to find yourself that sustainable.