How Many Of Us Do Full Time Trading?

[kun18]

full time trader mean full time on net watching market after that see roti as earning dream of stocks look wife as nifty n kids as mini nifty .....

:rofl:Wow,i think this is the way i feel and do but money is eluding me. Today after continuous 10 days of reading traderji forum posts ,and paper practise,completed successful day of good trades short and long both in this downtrend mkt.without referring tips,etc from others.Hope i succeed and total credit to traderji forum only .

 

[dt1778]

----deleted----

 

[sunil_1972]

I dont think full time trading is healthy. If you can make Ten thousand per month, it is enough. Making 400 for 25 days is impossible. But 10,000/month is more easy.

 

[xerof]

Hi,

I agree it became quite unhealty for me, also for my personal relations. I sit the whole day infron of the computer and stare the the screen. Nevertheless, I love it and trade on http://www.forexyard.in

 

[DanPickUp]

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[Jagannaathan]

<nevermind>

 

[asitprasen]

i left my active medical practice and now I am a full time trader. I enjoy this life very much. I trade in Gold, Nickel & Copper. Occasionally I trade in seasonal swings in Mentha Oil, Soyabean, Jeera & Peeper.
I entered in share market with no knowledge of what the term equities, cash market, futures, options means. Neither I had the knowledge of what does Long & short means. But Incidently I entered at right time on 13 Nov 2008 and with the funds of approx 15 lacs.
I entered as a trader and today I am sub broker,(within a month on 8th DEC 2008) with an average turn over of around 500 crores a year and I myself trade to approx 1crore & above a day. I have no clients and all I trade is in my family accounts. The average brokerage I earn is around 25K to 35 K per month. and the average profit I make on all trades is approx 75k to 1 lac per month.
I too had made many blunders such as asking tips, (paid ones), and similar ones that are most common to all, but then today I can firmly say that those who want to be in this race have to develop their own methodology for trades. Any strategy that is discussed here never applies to all the stocks and in all time frames. Also you cannot trade at all the stocks at a time.
My craze for Technical Analysis made me loose around 2.25 lacs shorting ACKRUTI future, in 3 days.
Also the Tips made me loose around 3.35 lacs in a single day on lead, when it fell like hell from 120 to 102 in a single day.
But I managed those losses.
I only trade ICICI Bank, thats my favourite and lucky bank and scrip. HDIL ( I had over 17000 HDIL @ Rs.70) Part of profit booked in range of 380 to 400. Now I have only 2000 HDIL,
I always maintain my position in COpper, Nickel & GoldM.
Crude & Silver I never trade.
And yess I was the frequent visitor to this site, and I learnt many concepts and trading art from this site.

 

[sbhav]

i left my active medical practice and now I am a full time trader. I enjoy this life very much. I trade in Gold, Nickel & Copper. Occasionally I trade in seasonal swings in Mentha Oil, Soyabean, Jeera & Peeper.
I entered in share market with no knowledge of what the term equities, cash market, futures, options means. Neither I had the knowledge of what does Long & short means. But Incidently I entered at right time on 13 Nov 2008 and with the funds of approx 15 lacs.
I entered as a trader and today I am sub broker,(within a month on 8th DEC 2008) with an average turn over of around 500 crores a year and I myself trade to approx 1crore & above a day. I have no clients and all I trade is in my family accounts. The average brokerage I earn is around 25K to 35 K per month. and the average profit I make on all trades is approx 75k to 1 lac per month.
I too had made many blunders such as asking tips, (paid ones), and similar ones that are most common to all, but then today I can firmly say that those who want to be in this race have to develop their own methodology for trades. Any strategy that is discussed here never applies to all the stocks and in all time frames. Also you cannot trade at all the stocks at a time.
My craze for Technical Analysis made me loose around 2.25 lacs shorting ACKRUTI future, in 3 days.
Also the Tips made me loose around 3.35 lacs in a single day on lead, when it fell like hell from 120 to 102 in a single day.
But I managed those losses.
I only trade ICICI Bank, thats my favourite and lucky bank and scrip. HDIL ( I had over 17000 HDIL @ Rs.70) Part of profit booked in range of 380 to 400. Now I have only 2000 HDIL,
I always maintain my position in COpper, Nickel & GoldM.
Crude & Silver I never trade.
And yess I was the frequent visitor to this site, and I learnt many concepts and trading art from this site.

hi asitprasen,
nice to hear such success stories in public.normally we do hear only sad/worrisome stories since successful people MOSTLY keep the secrets to themselves.
your success should be a tonic to those who want to pursue full time trding to earn a living.
BTW i am also a full time trader-- a very patient trader and successful one too.
wishing you well,
sbhav.

 

[trade man]

i trade only when i get time.its not full time bussiness to me.

 

[sankarasubramanian]

i trade only when i get time.its not full time bussiness to me.

Me too....

Sankarasubramanian