Trading is not a lifetime job.
Trading is not a lifetime job.
I’m sure not all traders will agree with me but some could possibly be on my side…
Here are the reasons why;
1. It is quite stressful – old traders will soon give up due to mental health problems
2. It is not enjoyable anymore – nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth – traders never find it safe to use exchanges, even big exchanges.
I will only agree to the first one.
I know a lot of people will quite trading because of the mental stress that comes with it. Especially when you think too much of a thing, most traders can stay over days thinking of their past mistakes that would have changed their lives forgetting the next day, I find this one more convincing than the rest of them.
For sure, trading can not be a life time job, here in location I see a lot of traders who after making some kind of convincing profit they push it to another investment like buying bitcoin in bulk, or some go into gold market with intention to hold this golds for long term while majority government into real estate with the profits. I think that’s the best think to do because at some point one may not be able to continue with the struggle of the market but from the investment in things like real estate they will not have to go into market anymore.