Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
re: Day trading Nifty & Banknifty Futures
That earlier news snippet on RBI is now missing
Another interesting articles for folks from IT..
http://economictimes.indiatimes.com/industry/jobs/entire-generation-of-it-managers-set-to-lose-jobs-as-frugal-companies-embrace-automation/articleshow/37144192.cms
2 takeaways for IT folks on Traderji:
a. Get ready for an alternate income/job - IT will not be interesting in next 3 yrs. Time to be a trader!!:clap:
b. IT hubs may lead the real estate bubble sooner than later!
That earlier news snippet on RBI is now missing
Another interesting articles for folks from IT..
http://economictimes.indiatimes.com/industry/jobs/entire-generation-of-it-managers-set-to-lose-jobs-as-frugal-companies-embrace-automation/articleshow/37144192.cms
2 takeaways for IT folks on Traderji:
a. Get ready for an alternate income/job - IT will not be interesting in next 3 yrs. Time to be a trader!!
:clap:b. IT hubs may lead the real estate bubble
sooner than later! re: Day trading Nifty & Banknifty Futures
From the article
"Mid to senior managers with experience in the range of 5-12 years in the IT services industry are at an evolutionary dead end," said Swami Manohar, a former professor at the Indian Institute of Science and the founder of PicoPeta Simputers, a tablet maker that was founded when iPads were unheard of.
I realized this 3 yrs back and started to learn trading and quit last year from IT. Not going to lie , but IT gave a steady & decent pay check but it was not worth it in terms of sacrifices you make , your health, your time, the daily grind and you know you will be sacked one day or forced to leave because younger managers are more cheaper. This usually happens around bonus time.
I used to be a near the top management and i saw things that did not give me the confidence in IT. There is no room to grow once you a manager or even a technical architect in these IT service companies. They are always looking to make bigger profits and guess what , they try to get rid of employees who's CTC eats a bigger pie of profits and make no mistake - you are replaceable no matter how good you are.
Always better to have a exit strategy......
That earlier news snippet on RBI is now missing
Another interesting articles for folks from IT..
http://economictimes.indiatimes.com/industry/jobs/entire-generation-of-it-managers-set-to-lose-jobs-as-frugal-companies-embrace-automation/articleshow/37144192.cms
2 takeaways for IT folks on Traderji:
a. Get ready for an alternate income/job - IT will not be interesting in next 3 yrs. Time to be a trader!!:clap:
b. IT hubs may lead the real estate bubble sooner than later!
Another interesting articles for folks from IT..
http://economictimes.indiatimes.com/industry/jobs/entire-generation-of-it-managers-set-to-lose-jobs-as-frugal-companies-embrace-automation/articleshow/37144192.cms
2 takeaways for IT folks on Traderji:
a. Get ready for an alternate income/job - IT will not be interesting in next 3 yrs. Time to be a trader!!
:clap:b. IT hubs may lead the real estate bubble
sooner than later!
"Mid to senior managers with experience in the range of 5-12 years in the IT services industry are at an evolutionary dead end," said Swami Manohar, a former professor at the Indian Institute of Science and the founder of PicoPeta Simputers, a tablet maker that was founded when iPads were unheard of.
I realized this 3 yrs back and started to learn trading and quit last year from IT. Not going to lie , but IT gave a steady & decent pay check but it was not worth it in terms of sacrifices you make , your health, your time, the daily grind and you know you will be sacked one day or forced to leave because younger managers are more cheaper. This usually happens around bonus time.
I used to be a near the top management and i saw things that did not give me the confidence in IT. There is no room to grow once you a manager or even a technical architect in these IT service companies. They are always looking to make bigger profits and guess what , they try to get rid of employees who's CTC eats a bigger pie of profits and make no mistake - you are replaceable no matter how good you are.
Always better to have a exit strategy......
re: Day trading Nifty & Banknifty Futures
Thank God
I could foresee this five years back
http://www.traderji.com/futures/89068-day-trading-nf-bnf-usdinr-futures-1795.html#post971742
Thank God
I could foresee this five years back
http://www.traderji.com/futures/89068-day-trading-nf-bnf-usdinr-futures-1795.html#post971742
re: Day trading Nifty & Banknifty Futures
any job is replaceable... and I have never met... any salaried employee... enjoying his job!
For a talented person... the demand is always going to be extraordinary...
Every employer knows how hard its to recruit a top performer and how hard its keep him in the job...
for run of the mill... copy pasta keyboard warriors... yup... all their services are replaceable with 200 lines of python code running in some cloud server or even a high school kids are going to replace them in future!
So the solution is : don't turn into commodity, preserve your competitive edge.
any job is replaceable... and I have never met... any salaried employee... enjoying his job!
For a talented person... the demand is always going to be extraordinary...
Every employer knows how hard its to recruit a top performer and how hard its keep him in the job...
for run of the mill... copy pasta keyboard warriors... yup... all their services are replaceable with 200 lines of python code running in some cloud server or even a high school kids are going to replace them in future!
So the solution is : don't turn into commodity, preserve your competitive edge.
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