Post
Topic
Board Trading Discussion
Re: Do you quit your office work when you start Making profits from trading?
by
Smack That Ace
on 31/12/2024, 11:34:11 UTC
I want to know, the reason why I am putting this up here is because as we already aware that trading doesn't guaranteed a regular profits, or we can't be sure of how much would make either every week or months. Does it mean we should stop our office because a trade gives us x amounts today and we think we would still have that chance tomorrow?

Your inputs is needed.
For the fact that trading is unpredicted and you can't even predict the future of the market,  it is not advisable to leave your job and to depend on trading profit no matter how good you may think you are in trading . You can be having good trading profit today but later on it turns to something different because trading is all about profit and lose. Income you get from your job is always certain because it will always come but trading profits are not certain, you can't really tell when to hit the profit,  the amount, so I see no reason why one should quit his/her job for trading. Trading is unpredictable, no matter how one may be sound in trading sometimes we may be dissapointed with the trading outcome we get.

Many people dream of having a stable job and income, many people are willing to give up a job with unstable income to choose a more stable job despite the lower salary. Meanwhile, trading is considered the most unstable type of job, so quitting your main job to devote yourself to trading full time is not a wise idea.

I see some people supporting this idea and I don't know if they are successful with this option. But honestly, I have never seen a full-time trader without a main job or other source of income who still has a stable life, let alone get rich with this idea. So I'm not really in favor of this idea.