Why do "traders" think trading is the hardest income to earn in the world?

This is a controversial topic among traders. In my opinion, it's all ego. Most people who decide to trade do so because their current income source is "not enough" or they "don't want to play the rat race." I never hear of high earners, like top tier doctors or engineers, quiting their jobs to trade say that trading is harder than operating on a person, or creating a design that thousands of people will use and one small mistake could cause a lawsuit. Not to mention the process and time it takes to reach those feats. I feel like if everyone who has yet to work a skilled job was to stop talking, not one would say trading is the hardest job in the world.It is hard, respectively. But no matter what anyone says, it's not the hardest job in the world.
21 Answers
Default Recent
Hulda Benjamin

traders can put in hours of effort, but success can elude them.

Upvote
3 Comments
Add
Louis Steinbeck
the level of perspective will change to be wise after a loss and it turns out that trading is not as easy as clicking buy and sell. There must be a good money management plan and rules that are obeyed in a disciplined manner
Upvote
Comment
Add
Hilary Blume
Difficult doesn't mean it can't be learned. Everyone can do it if they want to go through the ups and downs. It's not easy but it will be worth it
Upvote
Comment
Add
Nicola Giles

Trading will feel difficult, especially if we experience a losing strike, losing continuously will make us mentally down.

Upvote
Comment
Add
Bess Conrad

Many professional traders warn novices that trying to gain success overnight is daunting, unrealistic, and quite discouraging.

Upvote
Comment
Add
Arvin Poe

the effort one puts in is not directly related to a clear and immediate payoff.

Upvote
Comment
Add
Elma Agnes

Becoming a trader who is consistently profitable is rare, and this fact hinders one from making a firm commitment.

Upvote
Comment
Add
Jim Harriman

traders can put in hours of effort, but success can elude them. With trading, a threshold of skill must be achieved before rewards, or profits, are consistent.

Upvote
Comment
Add
Morton Simpson

Trading is different from many professions in that the effort one puts in is not directly related to a clear and immediate payoff.

Upvote
Comment
Add
Moira Mike

It's true that if trading was easy all traders would be billionaires

Upvote
Comment
Add
Yvette Jasper

It takes 10,000 flying hours for someone to become an expert in a field, it doesn't take an instant process

Upvote
Comment
Add
Frederica Malan

Trading at first is difficult because this is a job that is never taught in school or by our parents, but when it is profitable, it will be very meaningful and can be a source of income.

Upvote
Comment
Add
Joyce Sinclair

The largest mistake any trader can make is to let emotions control trading decisions. 

Upvote
Comment
Add
Camille Lincoln

it requires a combination of knowledge, skill, discipline, and emotional control. 

Upvote
Comment
Add
Eudora Crane

 stock market trading is so difficult is because it's unpredictable.

Upvote
Comment
Add
Fitch Eliot

Many individuals enter trading without solid understanding of financial markets, technical analysis, or risk management. Lack of financial literacy can contribute to cahllenges in trading success

Upvote
Comment
Add
Cornelius Ulysses

Achieving consistant profitability in trading is difficult. Market condition vary, and what works in one scenario may not work in another. Developing a consistently successful trading strategy takes time and effort

Upvote
Comment
Add
Antonia Rob

Due to Risk and uncertainity

Upvote
Comment
Add
Yehudi Moll

because their mindset is that they want to get rich quickly by trading full margin the next day. Margin call and stop being traders because they feel like they have failed

Upvote
Comment
Add
Maggie

Actually trading is the same as any other business. only disciplined traders can survive.

Upvote
Comment
Add

About

0

work

0

subscriber

About Us User AgreementPrivacy PolicyRisk DisclosurePartner Program AgreementCommunity Guidelines Help Center Feedback
App Store Android

Risk Disclosure

Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. Opinions, market data, recommendations or any other content is subject to change at any time without notice. Trading.live shall not be liable for any loss or damage which may arise directly or indirectly from use of or reliance on such information.

© 2024 Tradinglive Limited. All Rights Reserved.