2021-07-28 22:46:55
Dear All,
Although my channel run because of people who trade on regular basis, but I will suggest you all few things..
1) Stock Market gives returns to Investors. Ratio for Successful Investor vs Unsuccessful Investor will be 50:50, and if through mutual funds 100%. Investing is the real way for long term wealth creation.
2) In trading ratio was 95:5 but with so many tools and people learning lessons, it may be around 90:10 now. So it is very Risky.
3) Keep learning from contents on YouTube, no guarantee that a stock market course will help you, all content is available for free on YouTube.
4) If we still want to trade, Observe market and its movement for 1st 6 months without trading, or with a Maximum Capital of 5000 a month. Not more than that, so that even if you loose that money, You can still survive.
5) If after 6 months you find it worthy to continue trading based on your rate of successful trades, then slowly increase your trading capital to 10-15k a month depending on wealth.
6) there is no guarantee that If you have 1 Lakh Rs, you will be more successful in trading and than if you have Rs. 10000. If your decisions are wrong with Rs. 10000, no point taking wrong decisions with Rs. 1 Lakh.
7) Do trading with only that money which you will not have to think about.
8) Derivatives are financial instruments of destruction, so trade only when you understand them. Especially Options.
9) Without Stoploss, you will loose everything.
4.7K viewsLearning Markets With Manish, 19:46
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