Hi to all,
just wanted to ask a very simple question and a real problem faced by me many times.
In many trading sessions i use to earn 1000-2000. It happened for cont 8-10 trading sessions, but after that i started facing a problem like, i started thinking k when in 2 hrs of trading i can earn 2k, then why to waste my whole day, the same thing i can do for the remaining trading session and lets earn additional rs 500-1000. And when i started doing this definately i loose the earned profit also and day closes with a loss.
Why i dont know as im doing trading in same style as doing at time of earing 1000-2000.
2nd i want to know is earning 1000-2000 a day is good for a full time trader??
Sometimes questions
1)What is your capital, i.e investment in day trading ?
Because it depends all on position and size
2)Do you make daily 2000/ or you lose somedays also?
Because earning daily from intraday is not possible. All intraday trading cannot be sucessful.
3) Had you made money consistently atleast for six months in a row in intraday . How much you earned net profit in six months after deducting
brokerages and other expenses.
Everything depends on the amount of capital invested.
If you are full time professional trader and earning more than 6% per month , then it is EXCELLENT because compounding 6% return comes more than 100% per year. It should be one year`s average or atleast six months minumum to decide . Reply