How much should I earn in trading per day
- Thread starter xavier_r
- Start date
U
Sorry to poke my head here,i have seen lots of these type of posts,this approach is faulty. (pardon me it is my personal view)
Forget about the Capital part first,put a hand on your heart & convince yourself that everyday if i can make only Rs 200.00 from daytrading on an avg daily for coming one month then i am not only good but too good.
Don't you think only after this the Capital part it's percentage comes,otherwise it would be conniving the Self with Maths,1 % everyday ,can you imagine after 3 yrs what would be sum achd. from the initial 10K,plz dont be dishonest with self.
I have done these type of calculations in past & deployed few Lacks to find after some time all donated to Mkt.
It should not be how much would i earn ,rather it would be how to become CAPABLE to earn,if that part is to some extent OK then the 2nd part would find the answer automatically.
Forget about the Capital part first,put a hand on your heart & convince yourself that everyday if i can make only Rs 200.00 from daytrading on an avg daily for coming one month then i am not only good but too good.
Don't you think only after this the Capital part it's percentage comes,otherwise it would be conniving the Self with Maths,1 % everyday ,can you imagine after 3 yrs what would be sum achd. from the initial 10K,plz dont be dishonest with self.
I have done these type of calculations in past & deployed few Lacks to find after some time all donated to Mkt.
It should not be how much would i earn ,rather it would be how to become CAPABLE to earn,if that part is to some extent OK then the 2nd part would find the answer automatically.
Last edited by a moderator:
I understand your curiosity behind your question, same like when some one dreams to become a doctor or any other highly paid proffessional, how much will I earn after becoming successful, dont worry I did had this question. Man the real answer is nothing or sky is the limit, there are people who are the crapist doctor you will ever find and even they realize at the end that they dont really like their job and ofcourse there are geniuses who love their profession and they are earning $ millions etc. One of my mate who is properitery floor trader in London city who started with nothing when he joined and now he is averaging six figures(in sterling) almost every month. So don't dream about the end results just get in there, if that is what you want, otherwise there are other professions bla bla...
Hello Xavier,
If your new to the market, be careful and avoid intra-trade because that is going to make your broker wealthy. It is not always easy to earn even what Ashis mentioned. Sometimes lucks work that is different case.
I would suggest if your are new to market be a long term investors atleast for 6 months and invest rs. 1000/- per day rather than 10k at a time. After all no market work in one direction.This will make you understand where you stand when market valuation crashes down.
Keep well and grow your wealth by patience and doing nothing.
Kamlesh
If your new to the market, be careful and avoid intra-trade because that is going to make your broker wealthy. It is not always easy to earn even what Ashis mentioned. Sometimes lucks work that is different case.
I would suggest if your are new to market be a long term investors atleast for 6 months and invest rs. 1000/- per day rather than 10k at a time. After all no market work in one direction.This will make you understand where you stand when market valuation crashes down.
Keep well and grow your wealth by patience and doing nothing.
Kamlesh
U
http://www.traderji.com/options/16794-option-buy-recomendations-2.html#post129062
Found one of our member's observation,why dont you see whether this works for 30 days in Paper Trading.We have few threads on day trading,go thru those.Saint has a good Day trading thread,where most of the things like entry/stop/exit/position sizing/etc discussed ,participate there.
Trying out sincerely may help.
Found one of our member's observation,why dont you see whether this works for 30 days in Paper Trading.We have few threads on day trading,go thru those.Saint has a good Day trading thread,where most of the things like entry/stop/exit/position sizing/etc discussed ,participate there.
Trying out sincerely may help.
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