Hi all,
This is an awesome site..m a newbie here and visited this site by pure good luck i guess....I have never traded any stocks till now..but have seen how online stock trading is done... Want some guidance from some seniors here on how to start trading with min loss and min profit [am not greedy, and will stop trading the day i will repay all the family loans ]... who wants money which cannot buy pure love and peace...anyways..guys counting on you to help me out.... I liked posts esp by AW10 ... hope you help me sir....
Take care ya all,
and god bless everyone
Hi Gr8da. Glad to know that u liked my posts. Thanks.
I agree with what Raunak has mentioned in his post. Trading is not easy.. and specially the journey is most difficult in initial days. Like any profession, one got to spend time in learning, and practiciting the basics first.. and gradually become master.. In no fields, trainee gets paid well.. Professionals start seeing the financial rewards only after few years of hard work and continuous improvement.
My suggestion will be - if you are already facing financial challanges, then solution is not in trading. As a fresher, chances are high that you will loose money in initial days. You might have few winning trades here and there.. but returns might not favourable until - u implement profitable set of rules, show consistency and discipline in trading , start thinking like a trader, can quickly learn from your mistakes and correct them etc. These initial losses might put u in further finacial pressure.
[am not greedy, and will stop trading the day i will repay all the family loans ]... who wants money which cannot buy pure love and peace
Above quote tells me something about the belief you have towards money. I am not saying whether it is right or wrong because it comes from our background and various experiences. Quite possible this might hold u back from getting bigger profits in trading. I believe in "Law of attraction" which says that human being attracts what they think about, what they like desperately. If they don't like something, then most likely they may not get it. Cause even if it comes to them, they may let it pass. Maybe that's the reason why successful traders are greedy in the market.. but many of them have great social personality to admire. The rules in the market are very different and hence we need to learn them to be successful here. This conflict puts lot of psychological challanges for mkt players.
But if you are ready to give some time to learn trading, then plz start learning the basics, practice them without paying any money (i.e. do paper trading).. and one u reach certain level, then start real trading with small risk money. Whole process can easily take 3 to 4 months..and that's when u eat, drink, breath trading i.e. 100% involved in only trading realted stuff....
This can be your intermediate to long term solution for financial challanges.
Not sure if you have adopt any other approach to manage the loans and taken step to prioritize and close them in stages. That can help you come out of debt trap gradually.
Maybe I can share some ideas to handle that.. For that I might need some additional info. Let me know if I can ask my specific questions.. and u are comfortable in discussing them on public forum like TJ.
Hope this helps. All the best.
]... who wants money which cannot buy pure love and peace...anyways..guys counting on you to help me out.... I liked posts esp by AW10 ... hope you help me sir.... 
