Isnt this a paradox!!!I mean a trader who is really doing well does not have to rely on other sources of income..and how can a trader who has to rely on other sources of income teach others to "trade profitably"!!!
Many traders here are trading very small capital, so even if they are profitable it won't be enough to sustain them.
Even 5% a month on a few lakhs is not sufficient.
and one more thing...and i would like an extensive discussion on this from fellow members. How effectively can trading skills be transferred? I believe is too complex a skill to be transferred/taught effectively. For instance, something like cooking can be taught easily to anyone. Even driving for instance. Even complex math, engineering etc can be taught because they have a clearly defined structure. But in trading I just feel that its too abstract to be "taught" effectively. Its a very subtle art at the end of the day.
There are only 2 ways to become profitable. Learn from an expert or do the hard work yourself.
My own path was in between, I learned from courses and put in lots of hard work to refine it into what I wanted.
No, you will not find all the answers in one place. Be very happy if you find a piece of the puzzle here and there because it doesn't come easily.....put them together and it works.