suicidal condition vs New Life

[DiwaliCrackers]

Hi Guys,

I am going through very bad situation please help me.
I am going to get married in next 6 months and currently working as software engineer.
But due to slow down may be i'll get pink slip(layoff).
Not 100% but 25% expected.

I am in very dangerous situation, But the only thing I have is my new life as a full time trader, I am now a mature trader with some sort of strategies.

But not sure if I'll get good return after doing it for full time.

But I tried everywhere for IT job, but due to recession, nobody is ready to take me. I spend 3 years in IT industry but now it seems like end.

Please help me to decide what to do.

Any way I am not going to sucide

 

[intellibitz]

The turn is just around the corner and you can get another job in no time. Believe in yourself & Good luck.

 

[deadbrain]

Hi Guys,

I am going through very bad situation please help me.
I am going to get married in next 6 months and currently working as software engineer.
But due to slow down may be i'll get pink slip(layoff).
Not 100% but 25% expected.

I am in very dangerous situation, But the only thing I have is my new life as a full time trader, I am now a mature trader with some sort of strategies.

But not sure if I'll get good return after doing it for full time.

But I tried everywhere for IT job, but due to recession, nobody is ready to take me. I spend 3 years in IT industry but now it seems like end.

Please help me to decide what to do.

Any way I am not going to sucide

I'm too from BPO industry and always live with the same fears, i could not spare time to learn anything different for plan B, so finally i started devoting time to learn trading. Initially, i lost 1.25 lakhs by trading immaturely, and stopped. After some time, i again started with firm mindset avoiding previous errors and then started making consistent profits. So, take my advice, first, your job is not going anywhere, secondly, try to brush up your skills in your own field or some other lateral field if you have spare time. Thirdly, you can again brush up your trading skills. Finally, believe in yourself and god. There is always some way out, when something is not working out.

Keep at least six month salary as an emergency fund.

 

[ShivPrv]

Hello DiwaliCrackers,

Indian economy is going to grow @7-9% for the next 10-15 years. There will be lots of oppurtunities. Across industries, people requirement to availability gap is v wide.

It's a good thing that you are thinking about future possibilities and trying to plan to deal with them. But do not let the 'required run rate' bother you too much. At any time, we can only play the next ball thrown at us. every thing else is out of our control.

Just focus on maintaining and improving skill levels in the area you have chosen. Things will fall in place.

Good Luck.

 

[sanjosedesi]

First of all, focus on work and learning. Do not think of going trading in the first year of marriage, or before. If the girl's parents learn (assuming traditional mindset) that you are planning to do trading full time, it could affect the marriage ... before, and even after. There are millions of people working, there is no shame in working even if your trading is 100 times better. Get secure on one side of your life where you have spent 3 years + education, and then you can take care of the other aspects.

Second I hear 90% of the traders quit after losing their bank accounts. You say you have learnt well, but learn again !! There will come a time when you will be sure you can life your whole life just on trading. If you feel like it today, check again in 1 year, and then decide. To keep or improve your skills, just select a few markets / stocks you will specialize in and see if you can prove your skills there. Learn, be methodical, track your gains, track your learnings and decide in a years time.

 

[TradeJoker]

i'm in almost same situation , shud i go for my job.or sit infront of my pc looking at chart.and idk is stock trading is a 'job'