Money making is a spiritual process.
One who want to make money very fast will get money very late,may be never.
suppose you are trading since morning and got nothing in tight range whole day.
if you take it easy, you will wait for right time to enter even for 2 days.
If you can’t wait,then you will enter any time,hit 2-3 sl.
When right time comes, you may feel scared.
Check, What is your core thought?
It is easily possible to make money in trading.
think this, speak this & do this always.Your thought will make your action and your action will make your destiny.
there should be a process.
A BEGINNER SHOULD TRADE IN MICRO SILVER WITH 300 PT SL FOR 2 MONTHS.
Suppose he got 500 per day i.e. 10000 per month.
See what percentage you got from your capital? in percentage.
10,000 on 10,000 means 100%.
can you maintain it?
earning 1000 or 2000 will not work.
Trader earn a big amount one day,but loses it next day.
So main thing is to maintain a regular even small profit.
Many traders become imotionally disturb when 4-5 sl hit continuous.
IMOTIONS always disturb business.Trading needs a cool mind like dhoni, who is cool after losing 5 wickets(5sl).
Just learn to make 4% in micro.
silver will show 10 moods in 6 months.It will be bullish or bearish or volatile or rangebound sometime.
You should learn to handle in min cost. suppose silver fell 5000pt in a day for first time before you.
You can take this lesson in 2-3000(in micro) or 70,000 in mega.
after micro, he can scale up to mini,
but if he earned 20,000 in micro for 2 month, then he is having the capacity to lose 2000/- per day in sl with mini 5kg lot.
now 1000 per day becomes 3000 per day.
that will create 60,000 in 2month.
It will give you capacity to scale up further with 3-4 mini lots(multiple lots)
It is always better to trade 6 mini lot(30kg) than 1 mega lot(30kg).
This is the same process thru which all businesses become successfull.
INVEST SMALL TIME & MONEY TO LEARN FIRST, THEN PUT BIG MONEY TO EARN.
IF YOU ARE CROREPATI OR VERY BIG BUSINESSMAN IN ANY FIELD,
BUT IF YOU ARE NEW TO SCREEN TRADING, LEARN FROM A,B,C TO Z.
BCOZ AMBANI LEARNT FIRST ABOUT SABZI BEFORE OPENING RELIANCE FRESH.
MONEY IS JUST AN IDEA OF HUMAN MIND.IT CAN’T BE MASTER OF US.
WE ARE MASTERS,IT IS JUST A TOY, WITH WHICH FATHERS & GRAND FATHERS PLAY.
THINK IT AND GET IT EASILY.