Is it possible to convert 10k to 1cr in 1 year in the Indian stock markets?
YES, Only if you have a TIME MACHINE than not only 1cr can be more more more than that.
Yes i have done it already within last 2 months
I transferred 10k from Bank to demat
Lost everything, only 1 rs was left
I transferred 1 rs back to Bank
Since its Credit transaction, it shows in bank as 1 Cr.
So I converted 10k to 1 Cr.
Haha what are you smoking man…give me some of that
Most hilarious reply ever i hv seen.
Yes - just give it to Karvy …
possible , in 1 year time frame
1 cr to 10 k possible
Great!! It’s good that you are testing the water with just 10K in your initial trading career. It will be a good learning experience for you.
From my experience I am telling you… As a newbie trader (less than 1 yr experience) I assure you… if you will trade with Max Leverage in MIS Segment in stocks (intraday) then 99% chance of losing more than 80% Capital in just 8 to 10 Trading Sessions or less for SURE. And if you will not trade with Max Leverage then there is not even 1% chance of converting 10K in to 1 Crore.
But no issue you will lose Max 10k only which is ok for a newbie trader with less than 1 yr experience.
Don’t worry about the results and don’t forget to keep posting everyday results after trading hours here (snapshots). It will be helpful for other traders. @Bharat09
Best of Luck
Even with leverage, if he has proper risk management system he will survive much longer than 10 trading sessions with 10k.
How about starting with only 2.5K? Doubling every month with compounding will give 1Cr in 1Yr.
2^12*2.5K ₹ = 1.024Cr ₹
Doubling every month is 25% a week and 5% daily. With compounding it is only 3.53% daily.
It should be very easy, right?
Yes right sir
Start with 10k capital we will get margin =40k
Total trading days in 1month=22days
Take daily return of= 1%we
We can get 8.8kin one month
By increasing ur capital easily it can became =1cr😍
Easier said than done. When you increase your position size, it becomes very hard to execute the entire trade at desired price (due to lack of buyers/sellers at your price) thereby throwing your trading strategy off track.
Better keep realistic dreams (maybe 10k to 5 lac). 1 crore is too far fetched for 1 year.
Stock market is not that simple to make money so easily. Paper trade and Learn then decide how much can be earned.
If anyone find this magic formulae please do share for us poor people.
Wish you all the best Bharat09
Been a few days only since you loaded your first bullet, any updates
@Bharat09
6 days and I haven’t made a trade yet. I’m shifting base, so I should make a trade in the coming week.
Take your time - I like your spirit. India needs more people like you
Hope a couple of bullets missing their target will not make you lose hope