Daytrading is a fantastic profession if we are able to survive through the initial years. But let me caution you....the success rate is very small...less than 5 % so it obviously wont be easy.
Initially in daytrading we start with 1-2 Lacs capital but as we become successful, we have to increase our capital by adding back the profits. Problem is that traders after 5-10 years still keep trading 2-4 lots on small capital and compare their earnings with IT professional or corporate executives....for a full time trader one needs upwards of Rs 10-12 Lacs or more as trading capital....one can trade some swing trade positions also.
I have no doubt in my mind that trading is one of the best professions.If I have to start as a 20 years young man all over again, I will definately opt for trading again, no second thoughts.
Sirji,I am totally agree with ST sir. I am 19 year old full time day trader and choosed day trading for my career.I can say that age never matters to be profitable in markets because I am running it successfully from couple of months. All senior members here helped me alot to improve my trading.I am Not patting on my own back but clearing your doubts on teenagers.I hope when I will complete my 20 years of age I will become more mature .
Did you ever see how a Don's funeral is done in reality?
Today one of the biggest Mafia Bosses in Rom had his funeral. A helicopter brought rain of roses to the crowed. Music from the movie " Don Corleone" was played and beside that many RR and other extreme things where shown. :lol:
Indian trading league weekly winner up by 385% in a week.SAMCO offeres upto 15 times leverage on MIS product.If he trades in futures segment or cash segment then the winner catched move of 25.66% in a week(assuming he used full leverage).Is it possible?
Did you ever see how a Don's funeral is done in reality?
Today one of the biggest Mafia Bosses in Rom had his funeral. A helicopter brought rain of roses to the crowed. Music from the movie " Don Corleone" was played and beside that many RR and other extreme things where shown. :lol:
Sirji,I am totally agree with ST sir. I am 19 year old full time day trader and choosed day trading for my career.I can say that age never matters to be profitable in markets because I am running it successfully from couple of months. All senior members here helped me alot to improve my trading.I am Not patting on my own back but clearing your doubts on teenagers.I hope when I will complete my 20 years of age I will become more mature .