People who grow rich dont get their riches from just one source. They will have trading, investments, fixed income, mutual funds and real estate in their portfolios.They create multiple income sources and they are not dependent on just one income stream.
So they start with trading with small capital, trade successfully, invest part of their earnings in growth stocks, then invest in mutual funds and real estate in their wealth building phase. After that comes wealth preservation phase in which they also include fixed income securities and mutual funds in their income streams....but all that is created from trading income. This is practically possible, no daydreaming, it is done by many and being done by many traders.
Buying Infy or Wipro ,Eicher Motors or Bosch at the start alone should not be considered as only way to make wealth. How many could identify these stocks when they were unknown....so buy them after they have proved their worth and they get onto the growth path and still continue on a growth path.
If a trader makes Rs 50-60 K in trading and spends 25 K and remaining 25-35 K per month is put in any investment avenue which gives him 16-18 % CAGR....in 15-20 years he can be rich...but if one wants to be rich in 2 years then be prepared to rags to riches to rags to riches and again rags roller coaster many times in those 2 years and 95-98 % will end up blowing up all the money they have. "Slow and steady wins the race " is true in trading and investments too....being rich takes time,patience and hard work.
If anyone after 4-5 years of trading has a doubt about whether wealth can be made from trading then it is better that he switches over to any other profession/ business before it gets too late ,because one has to first believe what one wants to achieve.
Smart_trade