How can I become a trader in India?

How can I become a trader in India?

To be successful as a trader in India you need to understand the companies you are trading in. Your approach to the company may differ but the trader also needs to research. A trader needs to be absolutely well informed about the latest macro and micro events. That is the only way to take an informed trading decision.

Can I become a full time trader in India?

The answer is yes. There are half a million people in India day trading for a living. Do you feel day trading is a way to make easy money? Or, you may think it does not need as much work as a regular job.

How to become a successful trader in India?

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To be successful as a trader in India you need to understand the companies you are trading in. Your approach to the company may differ but the trader also needs to research. A trader needs to be absolutely well informed about the latest macro and micro events. That is the only way to take an informed trading decision.

How do you win the game of trading?

To win the game you need to develop your thinking and how you participate in the game. You are in a market trading against professional traders. The beginning traders in the market are not your competition-they are incidental. You need to trade with the professional traders who run the market.

What is the starting salary of a trading stock broker in India?

The starting salary of a trading stock broker in India is Rs 20,000 to 25,000 per month (between Rs. 2 to 3 Lakh per annum). Overall, having an MBA or any other advanced level degree will take you to a higher slab. However, for experienced stockbrokers, the sky is not the limit.

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How to be a persistent stock trader?

Great traders are very persistent, almost to the tune of being indefatigable. There are no stock trading tips and tricks here; it is all about how you train your mind to continue to work towards your goal. In trading, you win some and you lose some but that cannot deter you. When you have created a trading philosophy you need to persist with it.