Is trading for a living reliable?

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Is trading for a living reliable?

dachshund

Before thinking about this question, you might as well change the way and think about it first: 
Is it reliable to make a living by farming?

Is it safe to teach for a living?

Is it safe to make a living selling?

Is it reliable to live broadcast for a living?

Is it safe to make a living as a programmer?

Is it safe to make a living as a professional manager? ………………

In my opinion, there is no reliable business, only reliable people, and any industry is doomed that only a small number of people can be the top.

I think it is the wish and ideal of many people to make a living by trading. It looks so beautiful, as if you move your finger every day, money will roll in, and no one restrains you. You don’t need to clock in at work, and you don’t need to see the boss. No matter where you want to go, you can go with a computer on your back (maybe you don’t need a computer, just bring a mobile phone), and you can have a panoramic view of the great rivers and mountains of the motherland. . .

dachshund

But the reality is that before you can actually make a profit, you should go through the following process:

1. Being beaten mercilessly by the market, countless sleepless nights are waiting for you, and the pressure of survival often wakes you up from nightmares;

2. Countless times of despair-hope-despair, the sense of powerlessness and despair that no matter how hard you work, can even make you think of suicide.

3. Losing all your savings will make the already not-so-rich life even more embarrassing. What's more, foreign debts will pile up and the family will be broken.

If you are lucky enough to make stable profits without going through the above process, then congratulations, you are truly a gifted, one-in-a-million trading prodigy, but how many people can be so lucky? Most people are naturally greedy, angry, ignorant and suspicious. . .

In many industries, you only need your craft or eloquence to be passable, and it is not a big problem to make a living, because most industries will not involve testing your humanity. For example, I myself have been a programmer for 10 years, and my skills are passable, and I don’t think I have too many personality problems. But when I really entered the trading field, I realized that I was such an arrogant, conceited, impatient, fearful and greedy person. If I didn't trade, I would never know that I was such a lowly person. . .

But if I don't get rid of these bad habits of character, how can I guarantee that I will always live in this market? But how difficult is it to completely change a person's personality? Especially someone like me who has lived for over 30 years. It is not unreasonable for many people to say that 10 years of trading can be worth a lifetime of others.

Most people envy trading for a living, and feel that this industry is financial freedom, time freedom, personal freedom and other freedoms. Although I seem to be very free on the surface now, there are three things I must do unconditionally every day. If I don’t do it one day, I feel very uncomfortable psychologically.

1. Review for at least half an hour every day;

2. Exercise at least half an hour a day;

3. You must go to bed before 11 o'clock every day (unless the sky is falling).

Because absolute freedom also means absolute self-discipline. When no one restrains you, all the constraints come from yourself. You must be strict with yourself. Otherwise, in the business of trading, even if you were brilliant before, a momentary slack may make you short-lived and ruin your future. If you want to stay in the trading industry for a long time, you need to keep a cautious and cautious attitude at all times.

Of course, having said so many bad things, if you can really change your mind, start a new life, really come out of trading and always practice strict self-discipline, then the business of trading is still very good. Borrowing from Chen Jiangting It is not an exaggeration to say that the business of trading is:

"Long-term gambling guarantees winning, the world's number one earning a living."

dachshund

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Last updated: 09/06/2023 16:36

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