AN ADVICE TO THE BEGINNERS IN TRADING FROM A HARD WAY LEARNERLEARNING IS A PROCESS JUST WE ALL HAVE GONE THROUGH OUR SCHOOL DAYS. THANKS TO THE PARENTS WHO GIVE THEIR STUDENTS A TUTOR TO GUIDE.
ELSE IF WE ALL HAD NOT TAKEN HELP FROM THE TUTOR . I DOUBT WE HAD LEARNT ANYTHING. TUTOR IN THE SENSE CAN BE SCHOOL TEACHERS, PRIVATE TUTION
TEACHERS, OUR OWN PARENTS TOO. HENCE WE NEED AN ADVISORY HELP JUST LIKE A TUTOR TO HELP US IN ORDER TO SURVIVE THE MARKET IN THE BEGINNING DAYS.
ELSE THERE IS A HARD WAY TO LEARN EVERYTHING.
TILL THAT HARD TIME OVERS AND YOU SURVIVE THEN YOU CAN APPLY YOUR LEARNINGS IN YOUR PRACTICAL LIFE.
I MEAN TO BUILD A SETUP OF YOUR OWN AND WHAT'S ITS WINNING PROBABILITY IS WHAT A BEGINNER OR AN INTERMEDIATE TRADER FAILS TO DEVELOP.
IN THE EARLY DAYS, A BEGINNER TRADES AND LOSE THE MONEY ON A CONSTANT AND IN A REGULAR BASIS. BEFORE THAT I THINK THEY MUST FIND A MENTOR AND
THEN GET INTO THE TRADING FLOOR.
THERE ARE SO MANY ADVISORY WHO GIVES OR PROVIDES TRADE CALLS. DO YOU REALLY THINK THE ARE BOTHERED ABOUT YOUR LOSS OR PROFIT?
DO YOU REALLY GET TO LEARN ANYTHING ?
PROFIT OR LOSS SCREENSHOT DOESNOT MATTER HERE . WHAT MATTERS IS THE KNOWLEDGE OF THE MARKET.
HOW MUCH YOU ARE LEARNING FROM YOUR MISTAKE. HOW CAN YOU CONTROL YOUR GREED AFTER CONSECUTIVE PROFITS.
HOW YOU TACKLE YOURSELF AFTER 10 CONSECUTIVE PROFITS AND THEN A LOSS OF YOUR 5 DAYS PROFIT IN A DAY.
CHANNELS SHOWING YOU PROFIT SCREENSHOT IS BASICALLY DOING THERE ADVERTISING AND EVENTUALLY YOU BECOME GREEDY.
ITS A NICE TRICK TO ATTRACT CUSTOMERS.
AS YOU ALL KNOW STOCK MARKET IS A BUSINESS NOT A CASINO. SO IF YOU SEE A SCREENSHOT OF 30 LAKH PROFIT THAT MEANS
THE CAPITAL OF THAT PERSON IS NOT 50 THOUSAND OR HE IS NOT A RETAIL TRADER LIKE US.
BASICALLY BE REALISTIC WITH YOUR GAINS . THERE IS A TERM CALLED PERCENTAGE.
BANKS NOW GIVE YOU 5% (JUST AN APPROX) AS INTEREST IN A FIXED DEPOSIT SCEME SO WHY ARE YOU THINKING OF
GETTING 100% OF YOUR CAPITAL FROM STOCK MARKET .
MINDSET IS EVERYTHING. AS MR. RAMESH DAMANI ONCE SAID GIVE ME 1 CRORE AND I WILL GIVE YOU 10 LAKHS PROFIT. LOOK I THINK
10 LAKH IS A LOT SUM OF MONEY TO ME BUT WHAT HE TRIES TO SAY IS CALCULATE THE PERCENTAGE OF YOUR PROFIT TO THAT
OF YOUR CAPITAL. I GUESS IT WILL BE FAR MORE THAT THE BANKS INTEREST WHICH THEY OFFER YOU.
SO IF YOU APPROACH THE MARKET IN THAT WAY THEN YOUR PROBABILITY OF SURVIVAL IN THE MARKET INCREASES AND
YOU HAVE A CONTROL OF YOUR GREED AND EVENTUALLY YOU WILL BE THE ULTIMATE GAINER.
AFTERALL EVERYTHING IS A PROBABILTY GAME AND THERE IS A SURVIVAL OF THE FITTEST.
LAST BUT NOT THE LEAST , THE GAME IS TO SURVIVE AND NOT WINNING EVERYTIME OR MAKING PROFIT. AT THE END
REMEMBER ONE THING THE MORE YOU SURVIVE THE MORE MONEY YOU MAKE.
