Is it really possible to earn a living by trading in Indian Stock Market?
Making the transition to becoming a full-time trader was one of the hardest decisions I’ve ever had to make. It was also one the best. I knew this was what I wanted to do, but it didn’t happen overnight. In fact, it took about an entire year to get myself set up and prepare before I took that final plunge into full-time. Here’s what I needed to get in order before I made it happen.
That typically means that you continue to make income with no or very little effort on your part to maintain that cash flow.
Let us have a look at these pictures. We will discuss how these people are also traders, earn their livelihood from trading.
(This guy sells peanuts.)
A very low-end snack. In North India, it sells mostly during the winter season. In summers this person would be selling something else.
A Flower Vendor
What do you think this man does?
He is a trader. He buys and then sells flowers. That is his source of earning.
The fruits Shop
A very familiar sight.
This is a perfect trading examples. Here the portfolio is diversified in various vegetables
( stocks in case of the stock market trader ).
Did you ever see a small vegetable vendor shutting down?
It is rare because these guys know how to ply their trade.
Money can be made from trading :
The reason for quoting three examples of the same kind is that we forget that trading is simple.
The only requisite for making money from trading is:
”Sell at a price higher than buying price.”
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Learn the skills required to trade.
- Try something more complicated and you will be chasing a mirage and ultimately end up blaming the markets.
- We find that small vendors ( traders ) never shut shop but the big stores with Management Graduates looking after their supply chain management go under with great regularity.
- To earn a living from stock market learn the essentials of trading.
- Practice the risk management with perfection.
- Do not use a sledgehammer to drive a nail.
Keep it simple.It can be done.
Click to watch!
If these guys could earn their livelihood why anyone else can not ?
We do not have to shout to attract customers. We do not have to worry about what bargain a customer would ask for.
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