Q
dear rohan,
please keep in mind that is always the quality of trade which matters than quantity of trades...Prepare yourself well,learn the charts and go for the kill...never enter a trade if you are not sure(this i tell you after personal experience of months of loss of sleep and money)...you get into a trade only when you are confident of the trade and your game plan....cut the number of trades,its no use to getinto 5 trades,lose in 2 ,breakeven in 2 and win in 1....instead getinto one trade with all might again this trade should be after thorough analysis and it doesnt matter if it takes days for u to analyse, and definitely not by picking calls from the web or your broker.....
yes you have a valid point,if u can make 2000 in one trade in an hour maybe you can make 10000 in 5 hours,going by your perspective BillGates would have owned the galaxy by now...hope you get my point.
Patience is the key...and coming to your other doubt as to what is the kind of money good traers make,i have friends who have made 2 times their capital in a day and lost 50-60% of their capital in a day...trades should be measured in roe a.k.a %(atleast this is what i feel),i mean there is no point if you are making 2000 per day on a capital of 5 laks.....there are traders who have made 25 laks in a day(again a boarder of mmb),as you grow and learn the tricks i am pretty sure you will be making loads of money,hope i do too....but simply wondering how much others make will not feed me or pay my billls...You have millionares in afghanistan and beggars in u.s.a,i hope you get what i am trying to say....its how u shape your future...
all the best
please keep in mind that is always the quality of trade which matters than quantity of trades...Prepare yourself well,learn the charts and go for the kill...never enter a trade if you are not sure(this i tell you after personal experience of months of loss of sleep and money)...you get into a trade only when you are confident of the trade and your game plan....cut the number of trades,its no use to getinto 5 trades,lose in 2 ,breakeven in 2 and win in 1....instead getinto one trade with all might again this trade should be after thorough analysis and it doesnt matter if it takes days for u to analyse, and definitely not by picking calls from the web or your broker.....
yes you have a valid point,if u can make 2000 in one trade in an hour maybe you can make 10000 in 5 hours,going by your perspective BillGates would have owned the galaxy by now...hope you get my point.
Patience is the key...and coming to your other doubt as to what is the kind of money good traers make,i have friends who have made 2 times their capital in a day and lost 50-60% of their capital in a day...trades should be measured in roe a.k.a %(atleast this is what i feel),i mean there is no point if you are making 2000 per day on a capital of 5 laks.....there are traders who have made 25 laks in a day(again a boarder of mmb),as you grow and learn the tricks i am pretty sure you will be making loads of money,hope i do too....but simply wondering how much others make will not feed me or pay my billls...You have millionares in afghanistan and beggars in u.s.a,i hope you get what i am trying to say....its how u shape your future...
all the best