vanathi

Newbie's Corner - Can everybody trade?

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NSE:CNXPSUBANK   Nifty PSU Bank Index
Trading is one of the most glamorous businesses. Why it attracts so many? Why people jump in to trading without any second thought? Any profession needs certain education, specialized degree in it to succeed. In trading anybody can trade if a person has money, demat account, internet and computer/mobile. Unlike other jobs trading don’t need any job interview. You are your own boss(yaay :)) . You have full freedom and also responsible for your actions. These are the advantages which attract people to invest their hard earned money.
Now lets see the disadvantages. Let me explain it with an example. Can a person do surgery on the first year of medical science? Can he do surgery even if an expert surgeon gives proper instruction in the operation theatre? Answer is “No”. Similarly in trading, without experience a person cannot make consistent money.
So before investing your hard earned money just ask yourself, “Am I qualified to trade?” This will make you to take proper steps to become qualified for trading.
Trading is the only business which has unlimited profit & it gives abundant money to the traders who are qualified to get it...

Roles I play here : Author, Analyst & Moderator.

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