Day Trading Stocks & Futures

Jai Mata Di

Well-Known Member
Why people do trading?

1. Some people love trading because, they continually need to find new challenges in what they do everyday, so the gratifications from successful trading is much higher than most of work/job for them.

2. There are some other people who enter into trading only for big and quick money.

3. Rest do trading for Adrenaline & Entertainment like playing a car game/chess game.. ;)
But here rewards are more when you are winning, so some of them dreams big and try again & again. Some of them become addicted in that process, they loose repeatedly but came back every time with bigger hope. :)



Most successful traders emerge from the first category only. Then few from 2nd. Very less from 3rd category.

Happy Trading.
 
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Niranjanam

Well-Known Member
re: Day trading Nifty & Banknifty Futures

I entered into trading to generate an alternative source of life long income.I am more convinced than ever before that the only path to survival in the new economy is to be more entrepreneurial. Jobs are no longer stable and will be the least stable thing in the future.
It will be foolish to assume that your career is going to be a smooth straight line ride in future. Depending solely on your day job is a recipe for disaster and financial problems in future. So develop multiple streams of income and trading is yet another way to do it.
 

amitrandive

Well-Known Member
re: Day trading Nifty & Banknifty Futures

a question to all... why are you trading ?
http://budgeting.thenest.com/trade-stocks-4222.html

Some Excerpts

You Can Make Money Right Away

While most people use stock market as an investment activity, some use it to earn an income. These individuals buy and sell stocks frequently, getting in when the stock price is low, and selling the shares as they rise.

You Can Build For the Future

Most stock traders are in it for the long haul and are working to build a nest egg. Generally, you will see the biggest return with the least effort by buying stocks when they are low and allowing them to increase gradually over time. This type of trading is particularly profitable if you happen to buy on the ground level of a business that ultimately booms.

It Helps You Diversify Your Portfolio

By mixing stock trading into your investment plan, you can craft a diversified portfolio. Most financial advisors recommend creating a diversified portfolio, because it's an important safeguard if any one type of investment fails. By trading stocks, along with buying mutual funds and bonds and investing in a pension plan, you can ensure that you don’t put your entire nest egg into one basket.

It Can Be a Lot of Fun

By investing a bit of money in the stock market, you can play around with your cash and potentially have the thrill of seeing your initial investment grow dramatically. Many individuals, drawn to the market purely for entertainment purposes, invest small amounts to ensure that they would not be in a world of financial hurt if they lost the money.
 
re: Day trading Nifty & Banknifty Futures

http://budgeting.thenest.com/trade-stocks-4222.html

Some Excerpts

You Can Make Money Right Away

While most people use stock market as an investment activity, some use it to earn an income. These individuals buy and sell stocks frequently, getting in when the stock price is low, and selling the shares as they rise.

You Can Build For the Future

Most stock traders are in it for the long haul and are working to build a nest egg. Generally, you will see the biggest return with the least effort by buying stocks when they are low and allowing them to increase gradually over time. This type of trading is particularly profitable if you happen to buy on the ground level of a business that ultimately booms.

It Helps You Diversify Your Portfolio

By mixing stock trading into your investment plan, you can craft a diversified portfolio. Most financial advisors recommend creating a diversified portfolio, because it's an important safeguard if any one type of investment fails. By trading stocks, along with buying mutual funds and bonds and investing in a pension plan, you can ensure that you don’t put your entire nest egg into one basket.

It Can Be a Lot of Fun

By investing a bit of money in the stock market, you can play around with your cash and potentially have the thrill of seeing your initial investment grow dramatically. Many individuals, drawn to the market purely for entertainment purposes, invest small amounts to ensure that they would not be in a world of financial hurt if they lost the money.
Thanks for the post amit but would like to know your reason for trading, why are YOU doing it ?
 

amitrandive

Well-Known Member
re: Day trading Nifty & Banknifty Futures

http://budgeting.thenest.com/trade-stocks-4222.html

Some Excerpts

You Can Make Money Right Away

While most people use stock market as an investment activity, some use it to earn an income. These individuals buy and sell stocks frequently, getting in when the stock price is low, and selling the shares as they rise.

You Can Build For the Future

Most stock traders are in it for the long haul and are working to build a nest egg. Generally, you will see the biggest return with the least effort by buying stocks when they are low and allowing them to increase gradually over time. This type of trading is particularly profitable if you happen to buy on the ground level of a business that ultimately booms.

It Helps You Diversify Your Portfolio

By mixing stock trading into your investment plan, you can craft a diversified portfolio. Most financial advisors recommend creating a diversified portfolio, because it's an important safeguard if any one type of investment fails. By trading stocks, along with buying mutual funds and bonds and investing in a pension plan, you can ensure that you don’t put your entire nest egg into one basket.

It Can Be a Lot of Fun

By investing a bit of money in the stock market, you can play around with your cash and potentially have the thrill of seeing your initial investment grow dramatically. Many individuals, drawn to the market purely for entertainment purposes, invest small amounts to ensure that they would not be in a world of financial hurt if they lost the money.

Trading for all the above reasons !!!
That is why the post :thumb:

Add two more :1) Have the option of work alone without any supervision from any Boss
2) Money comes in at an exponential rate , better than salary.
 
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re: Day trading Nifty & Banknifty Futures

eternally for 90 % people ...
most people also dont know what matters in life and what doesnt, they live miserable life inspte of hacing almost everything, i dunno how many elite performers are there whoz main goal is to make money, i think its people who love doing what they do excel in any field, money is just a byproduct.
 

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