Help me

#4
"Consistent" ? Trading is at heart an asymmetric pay-off activity. Most succesfull traders know that you loose a little money for most trades and then make a ton on a few trades. If we have a flat market for the next 3 months then you would probably not make a lot of money and die a death by whipsaw (also you would pay brokerage, taxes on your trades na?).

Here are better ideas to make money in the market that are at least consistent :

1. Become a TA guru like asswani guj- this is mainly done through advertising, you dont need to know anything. You read a few books and then create a system. Create nice site, Post fake trades and profits and enjoy the investors money.
2. Become a broker franchisee - you invest office space and some capital. You get comissions ( mostly about 70% of net brokerage).
3. Give some exams, get certs and get a franchisee into making you a dealer.

Other forum members might have good ideas also.
 

d_s_ramesh

Well-Known Member
#5
Nothing comes free, please put your own effort. Read some great books of authors like Van K Tharp, Dr. Alexander Elder, Mark Douglas, Edwin Le'fevere.

Create your own system which you are psychologically fit to in all manners. Nothing like real money experience, play it safe with small trades, it will take years to perfect this profession, if it is a part time activity for you. It's natural you cannot have this profession as a full time activity without knowledge.

Once you have an edge, you are king of your own. Just imagine how would that feel. Isn't it better than asking for tips and stock ideas with others. By doing so you would not know what was the reason you are in a stock position and why it is behaving against you? What has to be done?

If it is your own decision, you would know what will happen upfront and will react accordingly. There should not be a trace of greed or fear in you, if you want to be successful in trading.
 

desifxtrader

Well-Known Member
#6
"Consistent" ? Trading is at heart an asymmetric pay-off activity. Most succesfull traders know that you loose a little money for most trades and then make a ton on a few trades. If we have a flat market for the next 3 months then you would probably not make a lot of money and die a death by whipsaw (also you would pay brokerage, taxes on your trades na?).

Here are better ideas to make money in the market that are at least consistent :

1. Become a TA guru like asswani guj- this is mainly done through advertising, you dont need to know anything. You read a few books and then create a system. Create nice site, Post fake trades and profits and enjoy the investors money.
2. Become a broker franchisee - you invest office space and some capital. You get comissions ( mostly about 70% of net brokerage).
3. Give some exams, get certs and get a franchisee into making you a dealer.

Other forum members might have good ideas also.

:clap::clap: well said



I am new to trading teach me a strategy to get at-least 10% profit from my investment :)
Hmm, aheem. Consistent profit of how much?? :annoyed:

Either you have to choose the letter 'consistent' or that digit. I guess you're trying to get a sort of regular 'salary' from the market
 

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