Hi Tamil Trader,
Dont get me wrong, but it seems that you are married to Crude Oil as an instrument.
Even in the other thread, you are looking to work as a commodity dealer ... Its obvious that you do not want to miss watching/staying in touch with crude.
Some guys here have mentioned about revenge trading. In my mind, this almost seems like revenge 'instrument trading'.
I wish you well in life and in trading ... Its just that when you are on your break for trading, I would like to urge you to look at other instruments as well ...
Also on the question of why trade ?
Of course, it is to make money .. How much is enough to make a living out of trading and what kind of capital is required to meet that goal is a very important question ...
Considering your situation, you might not be able to start afresh keeping only living expenses in mind as you have debts to pay off.
I would urge you to take your time, pay off the debts, and build enough capital to start trading. An ideal A/c size for trading for a living is about 10 L with conservative money management. which btw is a typical chicken and egg situation ...
In your case however, you do have age on your side. You could complete your CA, which although is a time consuming process, but will eventually repay you in the long run of life. ( Tamil Trader and Co. Chartered Accountants sounds good )
The break that you will take now, make it work for you.
Wish you good luck.
Dont get me wrong, but it seems that you are married to Crude Oil as an instrument.
Even in the other thread, you are looking to work as a commodity dealer ... Its obvious that you do not want to miss watching/staying in touch with crude.
Some guys here have mentioned about revenge trading. In my mind, this almost seems like revenge 'instrument trading'.
I wish you well in life and in trading ... Its just that when you are on your break for trading, I would like to urge you to look at other instruments as well ...
Also on the question of why trade ?
Of course, it is to make money .. How much is enough to make a living out of trading and what kind of capital is required to meet that goal is a very important question ...
Considering your situation, you might not be able to start afresh keeping only living expenses in mind as you have debts to pay off.
I would urge you to take your time, pay off the debts, and build enough capital to start trading. An ideal A/c size for trading for a living is about 10 L with conservative money management. which btw is a typical chicken and egg situation ...
In your case however, you do have age on your side. You could complete your CA, which although is a time consuming process, but will eventually repay you in the long run of life. ( Tamil Trader and Co. Chartered Accountants sounds good )
The break that you will take now, make it work for you.
Wish you good luck.