CAN ANYONE SUGGETS GOOD ONLINE INSTITUTE FOR LEARN TRADING ? @nithin
Zerodha varsity and its free too
Find a mentor who is personally ready to teach you.
Find someone who has proven audited track record and who take you as your deciple.
internet is free & flexible . why waste time & money ? there are no secret tricks
. you have work hard, develop skills required , devotion to art, planning trade & discipline is key
start with zerodha varsity , watch youtube , watch business channels , investopedia , do mock trading , try to understand market why it moves , technical & fundamental analysis , affect of news , earnings , etc . thats it
This way it may take 10 years and 50 lakh loss.
Partially i agree with your cos 10years many take but its upto you to make it 50lks or 5 lks.there is no short cut i am trading since 2009 still making losses & profits in a mixed way.but i would say that those time are old days now days had changed you should hardy get into greenline with few years.
But now i am not interested in money or trading ,i go to office but dont work,after the sad demise of my beloved cat she is only 10 months old .when she was 2 months old her mother left her and i raised her with armost care love and affection now she gave birth to kids and she passed away i have not ate for about a week and not interested in anything so i am jsut started to write answers and make some positive impact on others life.
this is the hard way actuly learning since 3 years …without support its vary hard…
where to find thats the magor qustion@chintan_sodha
Keep finding…You will get someone true somday…who has less interest in taking your money as fees a more on teaching you the game.
When you find someone just check if he has kep all the records of years of trading and he is profitable with least drawdown.
I trained many people but merely few of them are susseccful.success depends on the passion of the trader towards trading.learn each and everything related to matket tactics.if u have enough passion then one day you will invent your own strategy of trading and will be successful.
Every strategy works intraday for target of 0.2 to 0.5 percent but people want to earn big in every trade and eventually loose.
Pick very basic strategy of PSAR and trade for very small ptofit of 0.20% and see the results
A Note from personal experience, while you can find many places to learn the basics, to be a efficient trader, learning by trial and error is the only way. Risk only that much which would not affect you if you lose all. Trade small quantities or based on your risk appetite. But do trade, as otherwise you will not really learn.
Buy 1-10 shares, try to hold it, and try to be profitable.
This will teach you more than anything else. Trading is a vast discipline and you learn something new everyday, no matter how experienced or novice trader you are.
I highly agree with your view. Same here. Never trusted all those so called “Expert advisors” and what not. My personal strategy works for me more than any “expert advisor” (script/system/tool) in the market. What is available to everyone, seldom works, if any. One can only take ideas from them and work to develop own method and strategy.
More than 5 years here. And apart from losing lots of money, I also faced lots of opposition from people who knew what I am doing.
If you are not able to keep up, then know that, this market is not for you. Should try your hand at something else.
There are 3 types of traders
1 makes only losses
2 make profit but loses the profits to markets again
3 makes more profits than losses
Friends i am also big loss trader…now i am also learning… its going 2 years… but i am fully confidence… soon i earn… in mkt…
SPOILER ALERT
Better to get a decent job if you want quick results, this trading business is extremely tricky, be ready to loose each penny in your account if you are a novice or don’t have a genuine mentor.
Stock market looks way more glamourous to new traders while the real fact is something all together.
Those who are earning reasonably either are too lucky which will sooner or later run out OR they have loads of experience earned with hard work all these years.
Easy money is just a myth if that is what enticing you to enter markets cuz there ain’t any.
I like a the Van Tharp’s quote here.
No one can become a Engineer, Doctor or a Technician without proper study and training. But everyone can become a stock market trader when the wish to become one.
That’s is the problem - for the trader.
but if if you have a mentor your journey or learning curve will be much sorter…and less losses
that depends on how passionate & devoted you are . if someone don’t have enough drive & love for trading & just in to make some quick bucks sorry you would lose as quickly as earned .
profit & loss is part of game like any firld . but how you manage risk reward , tweak position sizes & leverage . and control emotion ,. its not formula , tricks , but how you apply own brain based on market oppurtunity . that is what trading is . best of luck
it took me around 1 year . so it depends . keep yourself focused that is key . if u love trading just jump into in totto. don’t be standing on two boats with two minds .