What's ur view on choosing stock trading as a full-time career?
Hmm...![]()
What u think of being a full-time trader?
I'm not really sure about that...![]()
.
In my opinion, I thinks it's kinda like a dead road except if u are the smart one with brain 🧠, rich![]()
one.
I thinks 🤔 it may be even more stressful than a normal job (office worker). Because u may have to daily monitor the stock market, depending which types of traders u are = short-term? long-term?
If u choosed full-time stock trading as a career, I must say that u are quite daring![]()
![]()
.
Though, there're ppls out there mentioning that they can turn $10,000 into millions in less than a year = I guess those are the brainy 🧠 one![]()
(Hey, the chance for one to be a brainy 🧠 one is low![]()
)
Full-time trading is not as simple (easy life) as most ppls mentioned, guess only applies to those average investors![]()
. (Everyday like on the frying pan![]()
)
I'm not really sure about that...
In my opinion, I thinks it's kinda like a dead road except if u are the smart one with brain 🧠, rich
I thinks 🤔 it may be even more stressful than a normal job (office worker). Because u may have to daily monitor the stock market, depending which types of traders u are = short-term? long-term?
If u choosed full-time stock trading as a career, I must say that u are quite daring
Though, there're ppls out there mentioning that they can turn $10,000 into millions in less than a year = I guess those are the brainy 🧠 one
(Hey, the chance for one to be a brainy 🧠 one is low
Full-time trading is not as simple (easy life) as most ppls mentioned, guess only applies to those average investors
What is the must have knowledge for full-time traders?
1. DYODD before investing
2. Read 📚 the news on stock market
3. Best to have a social platform (u can choose not to participate in commenting/posting![]()
=Damn![]()
, Moomoo app community lured me in like a little devils 😈with rewards.)
4. Make plans, especially schedule plans.
5. U may want to have a YouTube channel to earn some pocket money 💰by teaching ppls what u learned on ur financing topics (Though, I must say that the media is a Toxic place![]()
. Looking at the bright side, u may get some fans![]()
.)
6. The internet is a must![]()
7. Risks vs rewards system
1. DYODD before investing
2. Read 📚 the news on stock market
3. Best to have a social platform (u can choose not to participate in commenting/posting
4. Make plans, especially schedule plans.
5. U may want to have a YouTube channel to earn some pocket money 💰by teaching ppls what u learned on ur financing topics (Though, I must say that the media is a Toxic place
6. The internet is a must
7. Risks vs rewards system
What're the pros & cons of being a full-time trader?
Pros:
1. Can do things at ur OTOT (own time own target)![]()
2. No ppls to boss u around![]()
3. Stand a chance to become a millionaire with ur own efforts / capabilities![]()
Pros:
1. Can do things at ur OTOT (own time own target)
2. No ppls to boss u around
3. Stand a chance to become a millionaire with ur own efforts / capabilities
Cons:
1. Need to be able to withstand market volatility![]()
2. Able to withstand losses 📉
3. Required to constantly monitor the stock market news (can be tiring 😫)
4. Weird sleeping patterns, depending which stock market u are following![]()
(Young ppls don't sleeps 😴 )
5. Social awkward in the real society
6. A risky career (u may loss 📉 all)
7. May come in contact with Toxic Ppls that will destroy u mentally
8. No much free cash flow![]()
to spend freely or on things u want
1. Need to be able to withstand market volatility
2. Able to withstand losses 📉
3. Required to constantly monitor the stock market news (can be tiring 😫)
4. Weird sleeping patterns, depending which stock market u are following
5. Social awkward in the real society
6. A risky career (u may loss 📉 all)
7. May come in contact with Toxic Ppls that will destroy u mentally
8. No much free cash flow
Under what conditions u choose to be a full-time traders?
1. No job sectors accept u or u cannot accept those job sectors
2. Does not have a own family = not married & no children
3. Able to support ur own basic needs
1. No job sectors accept u or u cannot accept those job sectors
2. Does not have a own family = not married & no children
3. Able to support ur own basic needs
Conclusion:
Scary right ✅? So, do u still want to be a full-time trader?
I guess is up to u, u ownself decide for urself (do not ask someone to decide ur life for u![]()
).
Scary right ✅? So, do u still want to be a full-time trader?
I guess is up to u, u ownself decide for urself (do not ask someone to decide ur life for u
Hope u learned something ![]()
DYODD before investing![]()
Peace![]()
Peace
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Milk The Cow OP : Wow![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
, surprisingly a lots of YOLO ppls![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
, then check the ROI.
& here I thought that majority will choose part-time trader = Long term = Buy & forget about it temporary = wait after like 10 yrs
Milk The Cow OP : Oh, my survey voting
finally reach the same as officials one ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
.
It can't be not the same right
CraCra665 : I don't just jump into anything. I do t have but a few fam members. none of which are spouse or kiddos. it's just myself and my doggo. so as long as the lights, water, and have food. ima keep investing. Ima HODL. may not trade much. but I'm happy w what I have. as of rn.
Milk The Cow OP CraCra665 :
cm456 : good
ObieWon13 : I'd love to but with things happening in my life I've gotta make money now and provide and help my kid and family and hopefully within a few years of me putting more and more into the stock market I can be the one to pull my family out of working for someone else and making them rich while we live poor and die broke. I pray if not me I leave it to my daughter to be that one and she'll know I'm always with her and she's my legacy I started the change with.
Sharkytank : Love
Always Hungryy : if you're not successful enough, keep your regular paid employment and supplement with additional bonus from trading.
Milk The Cow OP ObieWon13 : Stay mentally strong
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
+![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
.
Milk The Cow OP Always Hungryy : Yup![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
.
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