Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
What's your view on choosing stock trading as a full-time career?
Views 76K Contents 104

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)

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

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

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

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

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 ).
Hope u learned something

DYODD before investing
Peace
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
3
1
1
11
+0
14
Translate
Report
17K Views
Comment
Sign in to post a comment

View more comments...

DYODD before investing 👌
2326Followers
20Following
3784Visitors
Follow