Thread: Is trading not considered a job?

Originally Posted by ;

Everyone has different levels of skill and perhaps even luck, but I really hope that the person with a $1000 account within this blog who wrote about it, PLEASE be realistic! This amount of money will not get you where you want to go. Not even close. I'm sorry to say, you will lose it then feel ashamed and guilty you attempted to make it operate. You need more than that to start trading, simple and plain. I wish it weren't so, but it is what it is. You're undercapitalized. Please save your money and don't start real money trading before you have ...

This isn't accurate you can easely trade micro lots with 1000 dollar but you need to get a realistic target if you will not triple it month if you have a proven egy it can increase over time. Lets saye between 5 and 10% a month its not much but over time it will grow. But this is really for starters or traders that start out, if you have expertise I suggest start larger since you diversify

win $100, and put $ 100 and If I have 10.000, how much do I win? 100% or ?

Originally Posted by ;

quote She asked what I do for a living and I told her that I work on the computer and do occasional trading. I guess it is better to not say anything. I will say next time which I'm a pusher, which might be awkward! quote Let's say she needs to be more than just friends. We tease each other.

The point is, the reaction of individuals understanding you (or individuals ) are a trader depend on many factors, not just on the trading one.

Suppose you run in the shop driving a ferrari, using a 20k$ rolex in your wrist, and buy anything you need to buy in the shop not even looking at the pricetags on each item you're buying.

Then, the girl who operate there ask what is your job, you say you're a trader, her reaction would be a smile and a wow, using an admiration face etc..

Different is if you arrive at the shop with an old automobile, dressed like an ordinary man, buy your shit paying attention to not spend too much money, and when the girl ask what is your job you answer trader, of course she'd say something like don't you get a real job? .

Now, why generally people have a tendency to possess the second reaction? Probably because there are not many rich traders out there.

So looking the large picture, trading isn't regarded as a job since it isn't a real job and don't bring a real income comparable to the one from actual jobs.
Stated that, there are still a number of traders that kick asses and evoke smiles and wow reactions, but the majority of traders stay just losers.

Originally Posted by ;

quote The point is, the response of individuals knowing you (or individuals ) are a trader rely on many factors, not just about the trading one. Suppose you run at the store driving a ferrari, with a rolex on your wrist, and buy whatever you need to buy in the store not even looking at the pricetags on each item you are buying. Then, the girl who work there ask what is your occupation, you state you are a trader, her response would be a smile and a wow, with an admiration face . Different is should you arrive at the store with an old automobile, dressed like an average...

That is thinking by stereotypes. I'm down to earth. If I'd be millionaire I'd never buy expensive worthless stuff. A pal of mine is owner of five star resorts and has a very old vehicle. In accordance with your theory his standing should be showcased by everybody with plenty of money openly with pricey overall look. Those are. My back was broken by me for years and know the value of money.

The purpose is bashing somebody for trying gambling is like laughing at a fat man trying to become fit at the gym. I was the man that is fat and proved everyone wrong. I proving everybody wrong about trading.

Originally Posted by ;

quote This is believing by stereotypes. I am down to earth. Even if I would be millionaire I would never buy expensive useless stuff. A friend of mine has a very old vehicle and is currently owner of five star hotels. According to your theory everybody with plenty of cash should showcase his status publicly with pricey appearance. These are sons of wealthy guys who never needed to work daily in their own lives. I broke my back for years and know the value of money. The purpose is currently bashing on on someone for trying trading is like laughing in a fat guy trying to become fit in the gym. I.. .

I believe there was some misunderstanding, anyway great to see you're doing great, and great luck for the future too!

Peace

Originally Posted by ;

A couple of days ago a girl bashed me for the time I am wasting on trading. She said it is not an actual job and I am only a dreamer. She promises to be more important than me since I do my main job also sitting in front of a pc and's a salesgirl in a mall. I must get a job and work my ass as she's doing. I didn't tell her how much I earn though. Because she's quite the contrary of me, I kept being calm and grinned. I am fit and exercise and very calm. She is mad and chubby. But it made me think the way average people sees trading today....

Hey there friend
Nice topic.
Well when I started trading everybody I knew told me not a job and it cant be done.
But i picked myself up and kept going at it.
They utilize to inform me that the time none stop, they utilize to approach my parents and inform my parents to prevent me coz im going to ruin my life.
I use to go for a purpose and families will simply give their opinions about how absurd is Foreign Exchange plus they dont know anybody that has been successful.

Today that if you crack this Foreign Exchange the very same men and women come to me gradually in private and ask me how do I do it.
What do I do? What do I consider?
They inform me that they downloaded the platform, went for seminars, bought the magic system and I must just guide them out there lol.
I inform them visit babypips and if they completed with babypips then go to forum. Thats my response to every one of them.

Originally Posted by ;

quote I think there was a little misunderstanding, anyway great to see you are doing great, and great fortune for the future too! Peace

Indeed, no worries. You're welcome.

Originally Posted by ;

quote You must be a pro-monopolist and anti-entrepreneur. Many large ventures began in garages. Little innovation over years is arriving from physicians, attorneys, toilet tissue manufactures, mom pop shops, you name it...

Try harder, I wonder how you came to those strange conclusions, innovation and development is hugely important, it's how the human universe develops. You know squat about ne, I am not a doctor but I know that if you were one, you would have several conferences annually to learn and talk about new medical investigation and methods. Now those other areas you said, they create a product or service that is readily concrete. Not just like a little time trader'making the market more efficient'. The whole point I am making is that, unless a trader strikes millions upon millions in their account and maybe hires individuals or spends a lot of money in their regional economy (which isn't really profit from value creation, as fx is zero amount so profits are a redistribution of other peoples' money), their positive effect on society is too miniscule to envision. They are valuable. Someone wishes to make tissues? Proceed! Best of luck and I hope they would create a new way of producing tissues that are superior it's a side project and they have a day job.

I say sub $1m account trading isn't a'real' job because you don't create any product or service that is readily concrete, and it does not possess the normal markers of a real occupation that will be the backbone of, so to say, 9-5 economy. It's a project'of sorts', because it's a legal means earn an income and to accumulate money .

Emanco, good on you for being in the very small minority that may exchange for a living. You shouldn't concern yourself with what a saleslady thinks of your own craft, that cares, do you have a soft self and care about her opinion? Stuff her, continue making money! Paying the bills is all the evidence you want for yourself and anyone else.

It's bad reputation as a lot of traders lose their cash and become losers. . like casino

Originally Posted by ;

quote Try more difficult, I wonder how you came to all those strange conclusions, development and innovation is hugely important, it is the way the human world develops. You obviously understand squat about ne, I am not a doctor but I know that if you were one, you would have many conferences a year to understand and discuss new medical research and methods. Now those other areas you said, they create a good or service that is easily concrete. Not just like a little time trader'making the market more effective'. The whole point I am making is that, unless a trader...

Some matters like the tissue manufacturing are not viable unless done on large scale. Leverage permits a little man to operate on the scale at which the activity is becomes feasible.

Traders provide something someone else demands at a price point. In markets, participants compete on price point to fulfill demand. It isn't important whether the providers are big or little.

The method of getting an offering is completely different subject. Some offerings are commodities. The tissue falls into this egory. Many can supply that, thus price point things. Price is the advantage. Innovation or quality meet the requirement, but capitalize on on a different edge over other providers of their similar offerings or by producing entirely new marketplace where no competitor exists. The innovators are motivated by figuring out a procedure to acquire an edge over others.

Traders arrive at the market offering a commodity someone demands, but hoping they do it at advantageous to them price point. They arrive at this conclusion defines traders' edge. Remember that not everyone participates in fabricating. Traders work off supply chain.