Dear All,
I was forced to write this post , as every day lots of mssg were coming from people who want to become trader . Most of them were working professionals you were either got bored with their job or not happy with their job and want to take Trading as Full time Career .
Some of common Question were :
Q1. The participants ask me Can Trading as a profession replace Job ???.
Q2. How much Money I can Make In Trading every Month , Every year ???
Q3. As lots of Trading Guru's Offering Trading Program now a days does these program can help them in becoming Successful trader ???
Q4.. How Much Capital is Sufficient for Trading ?
Q5. Does Taking Advisory / Tips Help in making capital grow ???
Now I will Try to give answer to these question on basis of my 12 years experience as A Trader
Please note these are just my views I can be Wrong as Well , I humbly accept that .
Q1 Can Trading as a profession replace job ???
Ans1 : No , If u think you are looking for linear returns every months .......like 5% or 10% etc...
For example you are getting salary of 1lakh per month , and if you start trading with capital of 10 lakh , you need to deliver 10% on monthly basis to make sure you equal what you get in ur job .
though 10% looks very easy , but making 10% on consistent basis is really a tough task .
As a Trader , your mind should focus on following ur trading plan rather focusing on the returns .
Trading is 80% psychological In Nature .........though retail and amateur trader thinks if they get some magical method then only they can make money .
If You are looking for Financial Security then Trading don't provide that .
At times it has happened with me i traded full month only to find dent in my capital at the end of the month .
When you are in job you have Life insurance , health insurance provided by Company you work in
You get yearly bonus . But In Trading you don't have all these things .
Trading " Can Not Provide Fix or Consistent Money On Regular Basis "
As a Trader I don't shy in saying that I still have loosing Weeks / Months As well .......
Q2. How much Money I can Make In Trading every Month , Every year ???
Ans2. The First year target of a new trader should be Saving his capital forget thinking about returns
90% of New Traders Loose 90% of their Capital in 90 days . The focus of trader should in starting years should be formulating his core trading plan , first few years the target should be Protect capital and Focus on the process of Trading .
Trading " Can Not Guarantee Fixed returns or Stable Income Evey Month "
Q3. As lots of Trading Guru's Offering Trading Program now a days does these program can help them in becoming Successful trader ???
The Trading Educator , can only teach you "Trading Method " its the Trader ability to make money using that method ........as Trading require Emotional discipline, which most People Lack .
You will surprise to Know that in trading , Trading method is just 20% part of whole Trading business. Rest are emotional discipline , Risk Management , Trade Management etc..
If Any Trading Guru Boast that he can make u Trade successfully after attending his two-- three days workshop please ask the trading guru for his own Audited Trading performance for last 10 years and how much he has earn using that method .
Dont get Into Trap of becoming master traders in just two days
Just ask your self how much time does you have taken to be in job .
Doctors need to do MBBS (5 Yrs) + MS (2 Yrs )
Engineer Needs to Do Btech ( 4 yrs )
Lawyers Need to do B.A.+ LLB (5 Yrs )
C.A Almost take Min 5 yrs
Then why you get into trap of becoming Trader in Two days program ???
New Traders Please join Nse Certified Courses as they are of reasonable cost and Industry accepted also .
No Trading Guru can Make you a successful Trader In Two days .
Q 4.. How Much Capital is Sufficient for Trading ?
Ans 4. If your Starting your Trading career then i suggest start with small amount so that even if you loose , you still have money to come back to trading again .
Start Trading With Big Money only when you being profitable or Break even for Continuous 3 years .
Q 5. Does Taking Advisory / Tips Help in making capital grow ???
Ans 5. In most cases it wont work for but if you want to put your money on Them ......Take Advisory of Only Sebi Certified Research Analyst " .
If your passionate about Trading start with doing a Basic Technical Analysis Course .....try to learn different Technical studies and Start Trading on small account but make sure you follow your trading plan with discipline .
In initial years focus on the process of trading rather thinking about returns and making money .......once you mastered the process the returns will start coming in .
Please note that Trading is Simple But Not easy .
Don't get into trap of Trading Guru's or Advisory who claims you making Profitable Over night .
If you need to Bowl to Virat Kholi in a Match ....Do You think you can take Bowling course of Two days and then can Face Virat Kholi in a Match and bowled him out . Then why you think you will become Profitable trader By Doing two day workshop .
Can you become Doctor in Two days ???
Can you become C.A. in Two days ???
Then Why you think you will become Trader By Attending two days workshop ???
Please value your Job !!!!!!
Thanks & Regards
Abhay Mehrotra
9873511276
I was forced to write this post , as every day lots of mssg were coming from people who want to become trader . Most of them were working professionals you were either got bored with their job or not happy with their job and want to take Trading as Full time Career .
Some of common Question were :
Q1. The participants ask me Can Trading as a profession replace Job ???.
Q2. How much Money I can Make In Trading every Month , Every year ???
Q3. As lots of Trading Guru's Offering Trading Program now a days does these program can help them in becoming Successful trader ???
Q4.. How Much Capital is Sufficient for Trading ?
Q5. Does Taking Advisory / Tips Help in making capital grow ???
Now I will Try to give answer to these question on basis of my 12 years experience as A Trader
Please note these are just my views I can be Wrong as Well , I humbly accept that .
Q1 Can Trading as a profession replace job ???
Ans1 : No , If u think you are looking for linear returns every months .......like 5% or 10% etc...
For example you are getting salary of 1lakh per month , and if you start trading with capital of 10 lakh , you need to deliver 10% on monthly basis to make sure you equal what you get in ur job .
though 10% looks very easy , but making 10% on consistent basis is really a tough task .
As a Trader , your mind should focus on following ur trading plan rather focusing on the returns .
Trading is 80% psychological In Nature .........though retail and amateur trader thinks if they get some magical method then only they can make money .
If You are looking for Financial Security then Trading don't provide that .
At times it has happened with me i traded full month only to find dent in my capital at the end of the month .
When you are in job you have Life insurance , health insurance provided by Company you work in
You get yearly bonus . But In Trading you don't have all these things .
Trading " Can Not Provide Fix or Consistent Money On Regular Basis "
As a Trader I don't shy in saying that I still have loosing Weeks / Months As well .......
Q2. How much Money I can Make In Trading every Month , Every year ???
Ans2. The First year target of a new trader should be Saving his capital forget thinking about returns
90% of New Traders Loose 90% of their Capital in 90 days . The focus of trader should in starting years should be formulating his core trading plan , first few years the target should be Protect capital and Focus on the process of Trading .
Trading " Can Not Guarantee Fixed returns or Stable Income Evey Month "
Q3. As lots of Trading Guru's Offering Trading Program now a days does these program can help them in becoming Successful trader ???
The Trading Educator , can only teach you "Trading Method " its the Trader ability to make money using that method ........as Trading require Emotional discipline, which most People Lack .
You will surprise to Know that in trading , Trading method is just 20% part of whole Trading business. Rest are emotional discipline , Risk Management , Trade Management etc..
If Any Trading Guru Boast that he can make u Trade successfully after attending his two-- three days workshop please ask the trading guru for his own Audited Trading performance for last 10 years and how much he has earn using that method .
Dont get Into Trap of becoming master traders in just two days
Just ask your self how much time does you have taken to be in job .
Doctors need to do MBBS (5 Yrs) + MS (2 Yrs )
Engineer Needs to Do Btech ( 4 yrs )
Lawyers Need to do B.A.+ LLB (5 Yrs )
C.A Almost take Min 5 yrs
Then why you get into trap of becoming Trader in Two days program ???
New Traders Please join Nse Certified Courses as they are of reasonable cost and Industry accepted also .
No Trading Guru can Make you a successful Trader In Two days .
Q 4.. How Much Capital is Sufficient for Trading ?
Ans 4. If your Starting your Trading career then i suggest start with small amount so that even if you loose , you still have money to come back to trading again .
Start Trading With Big Money only when you being profitable or Break even for Continuous 3 years .
Q 5. Does Taking Advisory / Tips Help in making capital grow ???
Ans 5. In most cases it wont work for but if you want to put your money on Them ......Take Advisory of Only Sebi Certified Research Analyst " .
If your passionate about Trading start with doing a Basic Technical Analysis Course .....try to learn different Technical studies and Start Trading on small account but make sure you follow your trading plan with discipline .
In initial years focus on the process of trading rather thinking about returns and making money .......once you mastered the process the returns will start coming in .
Please note that Trading is Simple But Not easy .
Don't get into trap of Trading Guru's or Advisory who claims you making Profitable Over night .
If you need to Bowl to Virat Kholi in a Match ....Do You think you can take Bowling course of Two days and then can Face Virat Kholi in a Match and bowled him out . Then why you think you will become Profitable trader By Doing two day workshop .
Can you become Doctor in Two days ???
Can you become C.A. in Two days ???
Then Why you think you will become Trader By Attending two days workshop ???
Please value your Job !!!!!!
Thanks & Regards
Abhay Mehrotra
9873511276
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.