I am doing phd in physics and trading in stocks.I am earnings 30% to 40% per annum from past 3 years. From my trading experience in stock market you should have highest mathematics skill for profit.no matter what strategy you choose.now I want make it large. So seniors please tell me what are the various way to increase your business. Anyone who change his field and now doing intraday trade please share your experience
Hello,
its ok that ur trading stocks and earning 30 to 40% per Annum.....,but if u come to Intraday definitely u will get disturbed...particularly indian markets are not at all suitable for intraday....
what my suggestion is increase ur capital to earn more from ur 30 to 40% per annum strategy....and also take look at ur position sizing methods if is there any room to change position sizing then change accordingly.and simulate various position sizing methods,from that calculate ur optimal risk per trade which gives u optimal returns..while considering these things u also need to keep eye on ur drawdowms which u can tolerate.
also look at ur previous trades for finding any mistakes....if u find one repeatable mistake avoid that mistake in ur coming trades so that u increase ur returns in ur futures trades on an average one mistake can cause a trader to loose 2-5 times the risk.
there r also some more psychological issues which affects trading results...but these u need to find by urself.