Post
Topic
Board Economics
Re: Which do you prefer
by
EarnOnVictor
on 26/12/2023, 07:35:14 UTC
First I will advice you is that you shouldn't be too fast to quit your job for trading because you are now earning from trading. Before you quit try to make other alternative because it is not idea for you to depend on trading and have no hope on anything that is generating money for you. In trading anything can happen that you don't know how long you will be stranded,  for now think of creating something else for income before making trading as your only job.
Yes that's right. I think you still have to carry out your main job without having to quit your job, especially if you are already working as a civil servant, it feels strange to leave your job to focus on trading. It's best to do both, it will result in better finances in the future.

Indeed, being a good trader will automatically make you money. This is one of the few professions where the effort to improve instantly yields benefits. Trading may be difficult and risky, but it can also increase profits if parts of your overall strategy are successful.
I hope anyone will not be making mistakes of this, to be honest, many might be mistaking trading/investment for something else. Fine, there are some people who are trading for a living or relying solely on one investment or the other, but these people wouldn't have started that way. Some might not have any choice and eventually got to be trading or investing and things work fine for them. While some might have their jobs and still trading/investing to gain more. Generally, trading and investments are supposed to be a means to gain passively, not otherwise, but there is nothing wrong in making it a sole source of income if that is your passion and you are good at doing them. But no one should leave their primary job for any of them or believe from the beginning that they will trade or invest for the rest of their life without giving it the needed factors of safety to first ensure whether or not they are for them.

Trading/investments are not child's play, they could turn your life upside down if care is not taken, which is why I will even advise anyone that since they are not time-consuming or need a special place to do them, they can just continue to trade and invest at their spare time even as they find a good job to call their main source of income. This advice is important because trading is very risky and many are trading but how many are making the money from it? Only a few.