Any1 full time trader
- Thread starter notherwork
- Start date
Dear Shreeue Sir,
I have little knowdge about TA , in my knowdge below books is best for TA
for biginers purpose
book : how to make money trading with charts
author : Ashwani Gujral
publisher: Vision books
http://www.visionbooksindia.com/
All the best sir
I have little knowdge about TA , in my knowdge below books is best for TA
for biginers purpose
book : how to make money trading with charts
author : Ashwani Gujral
publisher: Vision books
http://www.visionbooksindia.com/
All the best sir
apart from books, techniques, TA, FA...understanding markets, money management, risk management, position sizing, your psychology, others psychology etc etc.
There is a crucial emotional maturity component in trading.
Precisely this is what making it harder and delays the process of becoming a successful trader.
Many people clearly know smoking is bad, exercising is good, avoiding junk food is good... but how many have the emotional discipline to stick with their plan esp. when they are tempted with super easy access to all the addictive bad habits!
This is one important factor I overlooked, coming from a technical and academic background!
so...
a) first make enough money
b) learn about yourself and markets
c) deploy the discipline and learnings ===> this is super hard step (atleast for me).
good luck!
Ironically making money in markets is the toughest path to get rich unlike most people think!
step a) takes 3 yrs of education in a craft 5 yrs to make enough money to save up for trading
step b) atleast 2 years of reading books, reviewing charts and trades and practice and exploration
step c) ateast 2+ years of getting a hang of non emotional trading and developing enough brain muscles to practice discipline which goes against 25+ years of common wisdom we learned in other fields!
so thats 3+5+2+2 years if some one starts with zero money, brains and education.
To become an engineer its only 4+2 yrs to get a decent salary!
There is a crucial emotional maturity component in trading.
Precisely this is what making it harder and delays the process of becoming a successful trader.
Many people clearly know smoking is bad, exercising is good, avoiding junk food is good... but how many have the emotional discipline to stick with their plan esp. when they are tempted with super easy access to all the addictive bad habits!
This is one important factor I overlooked, coming from a technical and academic background!
so...
a) first make enough money
b) learn about yourself and markets
c) deploy the discipline and learnings ===> this is super hard step (atleast for me).
good luck!
Ironically making money in markets is the toughest path to get rich unlike most people think!
step a) takes 3 yrs of education in a craft 5 yrs to make enough money to save up for trading
step b) atleast 2 years of reading books, reviewing charts and trades and practice and exploration
step c) ateast 2+ years of getting a hang of non emotional trading and developing enough brain muscles to practice discipline which goes against 25+ years of common wisdom we learned in other fields!
so thats 3+5+2+2 years if some one starts with zero money, brains and education.
To become an engineer its only 4+2 yrs to get a decent salary!
Last edited:
Re: full time traders help me
I hope you don't start trading without learning and if you do then you will lose money. Most people lose a few lakhs and at least three to four years' time to learn how the market really works. Please be aware that most people never make money in the market and those who make money in the market are extremely intelligent, well capitalized and patience. You seem to be intelligent but you don't have enough capital right now and without a job you will run out of patience as well.
Take help from relatives and friends without any kind of embarrassment until you have steady stream of income because if you lose money in the market, it will be more difficult situation. I can understand your situation that you want to be self dependent but stock market trading is the most dangerous way to start your journey.
Those people who are rude to you and angry at your post is just because they care for you and they don't want you to lose money in the market.
But even after all this, if you start trading, I wish you all the best.
I hope you don't start trading without learning and if you do then you will lose money. Most people lose a few lakhs and at least three to four years' time to learn how the market really works. Please be aware that most people never make money in the market and those who make money in the market are extremely intelligent, well capitalized and patience. You seem to be intelligent but you don't have enough capital right now and without a job you will run out of patience as well.
Take help from relatives and friends without any kind of embarrassment until you have steady stream of income because if you lose money in the market, it will be more difficult situation. I can understand your situation that you want to be self dependent but stock market trading is the most dangerous way to start your journey.
Those people who are rude to you and angry at your post is just because they care for you and they don't want you to lose money in the market.
But even after all this, if you start trading, I wish you all the best.
Similar threads
-
-
-
Can any1 please tell me what's the minimum qty of shares i can buy from ICICI Direct?
- Started by anil.rao28
- Replies: 2
-
This is trend manager indicator of meta trader can any1 covert into afl ???
- Started by rocky01
- Replies: 12
-