Quote from: EarnOnVictor on June 24, 2024, 11:12:58 PM

Quote from: Lantind on June 24, 2024, 05:15:34 AM

Quote from: OrangeII on June 23, 2024, 12:47:30 AM

Yes, I thought that too. Trading is just a way to make money, but not something that can be categorized as a job. However, we can see it as a job, when the person has actually made money from it. However, some people actually get losses, and I think, it's not a job if it results in losses. However, I think quite a lot of people are proud when they are used to making money from trading and think that it is their job.

If we want to make money from trading, of course we must first have expertise in trading and must also have experience in the field of trading because without having skills and experience, of course there is very little chance of making a profit and I view trading as just a side job and if so If you want to make trading a source of income, of course we have to really follow market movements and news about the assets we are trading, but I think this is very difficult and it would be better if we made it an additional source of income and must still have a main source of income for can meet our needs.

In my long years of trading and being a tutor, I am sure to say that trading is risky and many will never be able to make money from it but to waste the little they have into it. For this, it will be so disastrous to take it as your only source of income, but instead taking it as a means to earn passive income is a very good plan. What we should consider as a means of living is what can give us a near-guaranteed income at a regular period of time and not something that is risky like trading. If at all you are so good at trading (which is an exception to this), it can still be risky to rely on it. There should be a plan B from the already earned income in case things start falling apart in trading.

I said this because there is no perfect trader and no matter how good and managerial you are in it, the test of time may fall in that will scatter all that you had gathered. This is also irrespective of how long you've been trading or the learning you have gathered, it is only about the nature of trading itself. Trading will trick you into losing even as you will fall victim due to the susceptibility of human nature to emotions and irrational decisions. The best is to have another source (s) of income and I am sure that this will lessen the issues that could arise from trading and also the pressing financial needs.

And this is something that they should realize and not really that making themselves that easily believe too much that trading is really just that an easy thing. It would really be taking lots of years before you would really be making yourself that sustainable or simply having that a good grasps into this market on which we know that this isnt really that simple. Somehow there are individuals who are really that good when it comes to this aspect on which they do really be able to make those good trades in just a matter of few months or even just 1 year. It would really be just that depending on a certain individual since not all would really be that fast learners. Also, when it comes on making it as a replacement for a job then better think twice and just like on what you have said that instead of earning then you would really be rather than making yourself
losing money because it is really that needing for you to make those buy and sell on which on the price of the market we do have on which its volatile then it would be understandable that instead of making money
you would really be rather be losing instead. So it would be a matter of risks taking on this manner.