Day Trading Stocks & Futures

DanPickUp

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

Yes agreed, I made a mistake by posting a video where traders turned hedge fund managers are making millions...but that was to tell people that trading need not be limited to 3000 pm salary going to 8000-10000. But when we learn about people making millions and try to learn how they did it to the top, we may not make millions but we can be profitable traders atleast.And billions of dollars came to these traders because of their proven trading skills...not out of inheritance.

ST
@ST

You did not make any mistake. The whole thing was discussed in the past in other threads. BB is bla bla and that we know. Will come up with it step by step. Now let BB dance :)

Take care / DanPickUp
 
re: Day trading Nifty & Banknifty Futures

@ST

You did not make any mistake. The whole thing was discussed in the past in other threads. BB is bla bla and that we know. Will come up with it step by step. Now let BB dance :)

Take care / DanPickUp
No Dan, I made a mistake in posting a video which says traders/hedge fund managers make money in an environment where most seem to believe that no one can make money in trading, one needs blessings of operators to make money, one needs Harward and Yale postgraduations to make money. I did that to say that there is money in trading. I never compared us with those traders...if they make millions, can we not make few lakhs without foreign degrees etc and be happy traders ?

Instead I should have posted that no one can make a penny in trading, all trading is a mugs game,we dont have foreign degrees and contacts so we are destined to fail as traders and people would have related to that much better than relating to idea of being profitable in trading.

Not interested in getting negative thoughts in my mind ...so ending here.

Smart_trade
 

stock72

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

You are perfectly correct .. Money can be made from Market by trading ..to prove that y go to you tube or FII... me here with my contract note ..:D:clapping:


No Dan, I made a mistake in posting a video which says traders/hedge fund managers make money in an environment where most seem to believe that no one can make money in trading, one needs blessings of operators to make money, one needs Harward and Yale postgraduations to make money. I did that to say that there is money in trading. I never compared us with those traders...if they make millions, can we not make few lakhs without foreign degrees etc and be happy traders ?

Instead I should have posted that no one can make a penny in trading, all trading is a mugs game,we dont have foreign degrees and contacts so we are destined to fail as traders and people would have related to that much better than relating to idea of being profitable in trading.

Not interested in getting negative thoughts in my mind ...so ending here.

Smart_trade
 

Tlahuicole

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

Happy sunday everyone, enjoy it with your loved ones or your hobbies :D.

My belief on trading and everything,

If I cannot get into india cricket team, doesn't mean that all trying to get into indian cricket team are idiots. Only top ten percent are rich in any field, whatever it may be, trading or cricket of football or screenwriting. Another fact is the top 1% among that top 10% are always super rich :D.
 
re: Day trading Nifty & Banknifty Futures

In any field top 10% make it good, top 1% super good and rest are medium to below medium

So for an engineer he gives in 4 years of education with proper guidance through profs and books to be able to earn in his her fiels. But in trading proper guidance and profs are not readily available and add to that no one will invest even 1/2 years of their life learning trading and then there an no defined rules to trading as there are in engineering or any other field of life so its difficult to make money in trading
 

Gandhar.

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

No Dan, I made a mistake in posting a video which says traders/hedge fund managers make money in an environment where most seem to believe that no one can make money in trading, one needs blessings of operators to make money, one needs Harward and Yale postgraduations to make money. I did that to say that there is money in trading. I never compared us with those traders...if they make millions, can we not make few lakhs without foreign degrees etc and be happy traders ?

Instead I should have posted that no one can make a penny in trading, all trading is a mugs game,we dont have foreign degrees and contacts so we are destined to fail as traders and people would have related to that much better than relating to idea of being profitable in trading.

Not interested in getting negative thoughts in my mind ...so ending here.

Smart_trade
those who are loosing money only think that way others know how to do it and are trying to share something related to it but some people are always opposed to it....
"its someones way of looking forward to that thing as he/she experienced it"

:D:)
 

saakk

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

I think one thing we are all missing here.. most of these hedge fund folks are not mango people.. they dont start trading like novice.. typically they have mentors who themsevles have been successfull traders or they enter trading as full time jobs due to their alma matter .. harvard/wharton...

anyone from harvard/wharton on this forum here....

I'm not doubting their capabilities, as just like iit/iims in india, there are hundreds who come out of even the ivy leagues in us, but still there are few folks like todar jones (who had Elii Tullis to teach him cotton derivates trading) or others..

So yes there is ton;s of money to be made... and you dont need ur own money to do so.. All you need is guru who can mentor you.. who himself is successfull trader..

So what we are saying is if you are working with mr. junjunwala and intern with him and work with him for few years, yes technically you may start as clerk like todar jones, but you will learn the tricks of trade which will make you successfull to run your own hedge fund..

how many mukesh/anil ambani's have been made.. do you think ambani's learnt stuff in wharton/stanford... no .. they learnt what dhirubhai taught them..

just my 2 cents.. meanwhile watch the video and be inspired.. btw. i do look for inspiration watching these guys and looking at what they are doing at another site called business insider which has hedge fund section..

good for inspiration, but know the reality..
I dont think jessy livermore and george soros had any mentors, who was the mentor of elii tullis?
From whom dhirubhai has learned his business traits?
I am inspired by the vid ST has put up, which shows me the opportunity is unlimited, you just have to believe, any thing is POSSIBLE.
One of the TJ member has said "Trading just for living is a sub-standard IDEA" that statement had a profound effect on me and it has changed the way i look at my trading now. I see market as a BIG TREASURE were money is flowing but it has a big lock which can only be open by a key (skills) all you need is to believe in yourself because every one starts at grass-root. Different reality for different perception.
Just my view point and i respect every other member view.
 

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