Many are coming into trading for making big money ...first start with equity and some one advice him to go with futures as it only need 1lac for taking position of 8lac ...its ahh for him ...jump into future without knowing its basic things ...I interacted many guys who lost many lacs in it they only come to me after loss happens....before that they no need any advices... Last week one of my friends friend came to me (newbie in trading) I explained him about what not to do in trading I never said him how big we can make from trading...I explained him only about MM and position sizing with many concrete evedences...after he left ...some days later my friend told me that he said I not know anything in trading
Anyway now exchanges make strict on margins which good for newbies ...they not get into it without knowing basics..
Anyway now exchanges make strict on margins which good for newbies ...they not get into it without knowing basics..