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 …
There’s nothing wrong in Dreaming!
Anyway it is possible and big movements do happen often which could turn 10k to 1cr in not a year but in a span of few days. I have seen it but the biggest hurdle is you should have been on that train at the earliest and ride it till the end but there’s 1000% chance that you wouldn’t and even if you had got in you would be out before that (As no one can predict the exact bottom and top). I remember a trade I took in currency market, it was near expiry and I was hoping the price to fall and I had bought options worth 32k. Prices deteriorate very fast and I didn’t want to hold too long, I would have been in the trade maybe 10-15 min when I just sold it all and got out with a measly 500-750 rs profit as there was little movement. In the next 30 min the price crashed and the USD/INR fell (INR appreciated, however you like to see) nearly over 1%. Had I held on to my trade it would have been over 10 Lakhs. Anyway the possibility of such incident’s happening is may be 1-10 in a million and they are like lottery which every trader dreams but sadly few live to experience.
It’s all a game of probability that your trade turns out to be the trade of the century but it never does and most of the time it’s even hard to save your 10k and come out with 10k at the end of the year. If you could achieve consistent profitability even of a measly 100rs/day on 10k… then you have found yourself a goldmine my friend.
possible , in 1 year time frame
1 cr to 10 k possible
Please send me whatever you are smoking…
Not discouraging you from trading, just keep realistic expectations. Even the most smart trader won’t be able to convert 10k into 1cr in one year, well things will be different if one has hindsight of things to come.
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