vanathi
Education

Who can make money in day trading?

NSE:NIFTY   Nifty 50 Index
1211 views
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1211 72
Everybody comes in to the "Trading World" with the hope that they can make millions in few days. Truth is there is no business which will give such money without proper knowledge, hardwork and experience. Technical reasons for failing in day trading are lack of trading plan, not using stoploss, no technical knowledge and lack of risk management. Apart from this people who trade for emotional thrill, for entertainment and with the dream of making millions lose money. There is also another category. People who have day job, trade in between their work and lose money as trading needs proper attention and alertness. Trade with proper knowledge and when you can treat trading as your first priority. Be mindful and always give your best to get success in trading!
Comment: "Nobody can make money in day trading" is a myth. Right mindset with trading skills make you rich irrespective of whether you are scalping/day trade/swing trade/invest.
Comment: "Earth was flat" till some one proved its not. "Day trading" is tough till some one proves its not. Thank you guys for the comments :)
Join me in telegram to learn & earn. I also post my trades there. https://t.me/Analysis4Newbie
@vanathi i was expecting a reply
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mam please show us ur quarterly profit i think that will be strong point to proove , and for everyone who is speaking about trading, just show ur yearly net profit.index has doubled in last 2 years . so if u guys r so teesmarkhan u must have made ur money 4 times . if yes then just show .
+12 Reply
rupambose32 thoughtfullinvestor
@thoughtfullinvestor, nice comment
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rupambose32 thoughtfullinvestor
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What a mess :)
Just one comment from my side too:

If one is good at charts, it does not matter at all which timeframe one trades.

However, the decision on lower TF are instigated by the higher TF.

One just have to trade High Probability Setups with enough quantity to scale out at R levels.

That's all I do.

If one struggles at lower TF then it's OK, he can have fun on some other TF at which he/she is comfortable.

ATB 🤘
+3 Reply
vanathi Bravetotrade
@Bravetotrade, People always say "its impossible" till some one achieve it :)
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rupambose32 Bravetotrade
@Bravetotrade, very good,ultimately profit
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AkshathBharathi Bravetotrade
@Bravetotrade, What is TF?
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Bravetotrade AkshathBharathi
@AkshathBharathi, time frame.
+1 Reply
yes every body making money in day trade,scalping,swingtrade invest,i never seen any loser,in trading
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