What are unwanted expenses?
Living close to office; eating better food, watching movie in a mall, visiting home by an AC train? Good education for child? Beauty parlor expenses for wife (that is unwanted at least )
Living close to office; eating better food, watching movie in a mall, visiting home by an AC train? Good education for child? Beauty parlor expenses for wife (that is unwanted at least )
It looks that your definition of unwanted expanses is something different. You do not seem to have any money crunch for your daily/monthly expanses, but you want more money to spend more. Except good education for child, all you mentioned above is more or less unwanted expanses to a certain extent, for a person, who has lesser means of earning.
Good education for child is not an expanse but an investment for his/her life, (and for your old age also, to a certain extent). Eating better food at home is not but eating out is certainly an unwanted expanse. If you do not want to cut unwanted expanses then it will be very hard for you reduce your monthly expanses. Anyway I do not want to go into details for this.
To earn some extra money, trading is not a safe bet, for a new entrant. Trading is not an easy job, particularly part time trading, I mean trading along with regular job. Unless you have some bank balance that you wont mind losing, my sincere advice will be, not to venture in trading.
It also looks like that you even do not have any trading system of your own, to follow. Do not follow the tips and trades that are given in another thread you follow ('Day trading NF/BNF/USDINR Futures'). Most of the tips given there are without any followups and similarly most of the trades given there, as real time trades, are without any proof (like copy of contract note or image of orderbook/tradebook) and just posting an image of excel file is not enough proof. I too can post such type of (so called) real time trades without any difficulty.
So, if you still want to venture/continue into trading world (even after losing money) then it will be better for you, to first have some knowledge (basic knowledge atleast) of fundamental and technical analysis, do paper trading for atleast 6-9 months and if successful in it then continue with real money.
Anyway its you money and you have full right to lose it your way.