Tezilkree posted: But if you earn with your labor, then I see no reason not to say exactly what you earn.
Dorigda posted: It seems to me what question, how do you earn a living, can be clearly and correctly answered, without any deceit
I speak from experience: When I tell people honestly that I trade currency, no matter how often I repeat this fact, they keep thinking I am trading shares and they always ask me, 'how are my shares going?'
Maybe 10% of the time, I have someone interested and that understands I am trading something different. And they keep asking me questions to try and learn by talking to me. I love to talk currency, but when a person is keen to learn but knows nothiing, it is better they go to online resources like babypips.com.
Either way, people don't 'get it'. Truly, not many people trade currency.
The problem is when you show wealth by driving a fancy car and have an expensive house. You just tell them you worked hard for 10 years, invested all the money and now the investments gives you a nice monthly fee. Don't ever tell them that you are a trader and that your wealth comes from trading!
Usually most people are skeptical about trading as a source of permanent income. If it's a close friend, there's no point in being secretive, because you can trust him/her for sure. And if it's just 'friends', the best answer is to say you're a freelancer. If you try to make a joke or change the subject, I think it'll be suspicious and they won't give up on you.
You can say that you work online in finance. Usually, this topic is not attractive to people since most people's financial activities don't have the best associations. However, when I started blogging on Instagram, I started earning a decent amount of money. My friends immediately saved the changes in my life and began to be interested in what I do. It is clear that such tactless questions are unpleasant, but I told my friends that I keep a financial blog on social networks. The word finance has always made my friends dislike it. This way, my friends don't get involved in my mini-business, and I'm learning how to start a personal finance blog with help https://radicalfire.com/start-a-blog-complete-guide/.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.