Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
No "Sir" business pls. Feel free to call me anything else.
I did trade part time but success and failure didn't matter much. I had a well paying job so I didnt really care much about profits/losses at all i.e I had no need to depend on any other sources of income at that time. I was mostly trading part time for the excitement. (For some reason I was a serious investor though). Moreover, I was new to trading at that time so I would have smaller exposure. When I decided to leave my earlier Industry, I just decided at the snap of a finger that I wanted to trade full time. So, I just jumped in.
I had savings etc to back me up. But its never a good thing to keep digging into your savings to survive. Specially with 2 kids in school and schooling being very expensive in Mumbai. No doubt its scary to see your savings go down each month. Despite, losing money, it was not monetary loss that bothered me really but it was more about my inability to understand the market. Im not saying the money burning didnt hurt. Just that accepting failure each day was extremely difficult. It ends up leaving big holes in your confidence(More so, if you have tasted success before in life). However, I knew one thing that money could be made being a trader if I figured out how a few things worked. I knew I had to grit my teeth and go through the pain. I knew it was a matter of time. Worst case, I could get a job some place. This process of trial and error to figure out things cost me dearly. I had no mentor to guide me. I hadnt even found traderji then. I did every thing on my own by trial and error. If i had a few good trades, I would pat myself in the back or kick myself if I had bad ones. In hindsight, all of it was a good learning experience
Was I trading big sizes?? Hell Yes! Once I became a full time trader I would have huge exposure. Obviously, trading was the sole income so I had to make it work. Specially after some losses, the pressure is more to make up for lost ground. Hence bigger exposure. Classic newbie stuff!
I will not get into specifics of my trading capital but I will mention that I used to trade with IciciDirect at that time. Icici is bloody expensive. For the size of my trades, they would deduct brokerage on an ongoing basis and end of the month they would refund me excess brokerage I paid. (they has a slab system of calculation brokerage then). All of this in the first 2 years. So, there was a lot of money burnt.
Anything else you want to know about my glorious trading career??
I did trade part time but success and failure didn't matter much. I had a well paying job so I didnt really care much about profits/losses at all i.e I had no need to depend on any other sources of income at that time. I was mostly trading part time for the excitement. (For some reason I was a serious investor though). Moreover, I was new to trading at that time so I would have smaller exposure. When I decided to leave my earlier Industry, I just decided at the snap of a finger that I wanted to trade full time. So, I just jumped in.
I had savings etc to back me up. But its never a good thing to keep digging into your savings to survive. Specially with 2 kids in school and schooling being very expensive in Mumbai. No doubt its scary to see your savings go down each month. Despite, losing money, it was not monetary loss that bothered me really but it was more about my inability to understand the market. Im not saying the money burning didnt hurt. Just that accepting failure each day was extremely difficult. It ends up leaving big holes in your confidence(More so, if you have tasted success before in life). However, I knew one thing that money could be made being a trader if I figured out how a few things worked. I knew I had to grit my teeth and go through the pain. I knew it was a matter of time. Worst case, I could get a job some place. This process of trial and error to figure out things cost me dearly. I had no mentor to guide me. I hadnt even found traderji then. I did every thing on my own by trial and error. If i had a few good trades, I would pat myself in the back or kick myself if I had bad ones. In hindsight, all of it was a good learning experience
Was I trading big sizes?? Hell Yes! Once I became a full time trader I would have huge exposure. Obviously, trading was the sole income so I had to make it work. Specially after some losses, the pressure is more to make up for lost ground. Hence bigger exposure. Classic newbie stuff!
I will not get into specifics of my trading capital but I will mention that I used to trade with IciciDirect at that time. Icici is bloody expensive. For the size of my trades, they would deduct brokerage on an ongoing basis and end of the month they would refund me excess brokerage I paid
. (they has a slab system of calculation brokerage then). All of this in the first 2 years. So, there was a lot of money burnt.Anything else you want to know about my glorious trading career??
Trump uncle should be called sanction uncle!!
Trump Threatens Merkel With Pipeline Sanctions, U.S. Troop Cut
https://www.bloomberg.com/news/arti...s-considering-sanctions-to-stop-nord-stream-2
Trump Threatens Merkel With Pipeline Sanctions, U.S. Troop Cut
https://www.bloomberg.com/news/arti...s-considering-sanctions-to-stop-nord-stream-2
I had posted a Mutual Fund chart on tradingview some time last month and had promised that I will write in detail on how to achieve it - Since I don't know what would be best place for this (software or mutual fund section in this forum) I have gone ahead and create new thread in MF section. Mods please feel free to move it to appropriate section.
https://www.traderji.com/community/threads/mf-tradingview-charts.108095/
here is an example of charts for weekly NAV of SBI Blue Chip Growth - Direct Plan
https://www.traderji.com/community/threads/mf-tradingview-charts.108095/
here is an example of charts for weekly NAV of SBI Blue Chip Growth - Direct Plan
NSE to remove Jet Airways shares from daily trading
Jet's securities will now be moved to the trade for trade segment with effect from June 28 as a "preventive surveillance measure", from the current rolling segment, which allows daily trading, the stock exchange said in a circular.
NSE also cited the company's failure to submit its financial results for the year ended March 31 as well as observations made by the airline's auditor as reasons for the move.
https://www.nseindia.com/content/circulars/SURV41288.pdf
https://www.moneycontrol.com/news/b...irways-shares-from-daily-trading-4091451.html
Jet's securities will now be moved to the trade for trade segment with effect from June 28 as a "preventive surveillance measure", from the current rolling segment, which allows daily trading, the stock exchange said in a circular.
NSE also cited the company's failure to submit its financial results for the year ended March 31 as well as observations made by the airline's auditor as reasons for the move.
https://www.nseindia.com/content/circulars/SURV41288.pdf
https://www.moneycontrol.com/news/b...irways-shares-from-daily-trading-4091451.html
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