1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Earn 60k per month trading

Discussion in 'Investment Analysis' started by caringvij, Sep 6, 2016.

  1. caringvij

    caringvij Active Member

    Joined:
    Aug 23, 2016
    Messages:
    65
    Likes Received:
    27
    Suppose a person wants to become a full time trader/small investor and earn 60000 rupees per month how much capital he should have any suggestions please
     
    caringvij, Sep 6, 2016
    Share #1
  2. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    I would say 10L is good enough if you can make 5% per month
     
    nirajshah, Sep 6, 2016
    Share #2
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    I would say 5% is tough on an ongoing basis and for an elongated period of time.
     
    shabbir, Sep 6, 2016
    Share #3
  4. caringvij

    caringvij Active Member

    Joined:
    Aug 23, 2016
    Messages:
    65
    Likes Received:
    27
    Ok. Thank-you for prompt reply
     
    caringvij, Sep 6, 2016
    Share #4
    shabbir likes this.
  5. caringvij

    caringvij Active Member

    Joined:
    Aug 23, 2016
    Messages:
    65
    Likes Received:
    27
    We can look at like this. If I make 3000 rupees per day profit for twenty days a month, 60000 per month possible. Stock picking is very very important so that losses are not made.

    Sent from my XT1079 using DIY Technical Analysis mobile app
     
    caringvij, Sep 6, 2016
    Share #5
  6. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    The only issue I see is consistently making profits for consecutive 20 days. You will make losses.
     
    shabbir, Sep 6, 2016
    Share #6
  7. narendrakurajak

    narendrakurajak Member

    Joined:
    Sep 6, 2016
    Messages:
    13
    Likes Received:
    10
    Actually money not a matter stretagy make money I am saying this because I have seen an option axis sep 630 ce @ something 5 rs on friday and today it is approx 21 rs I.e. 3 times of your investment in 1 trading day
     
    narendrakurajak, Sep 6, 2016
    Share #7
  8. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    True. :D
     
    shabbir, Sep 6, 2016
    Share #8
  9. caringvij

    caringvij Active Member

    Joined:
    Aug 23, 2016
    Messages:
    65
    Likes Received:
    27
    caringvij, Sep 7, 2016
    Share #9
  10. narendrakurajak

    narendrakurajak Member

    Joined:
    Sep 6, 2016
    Messages:
    13
    Likes Received:
    10
    Sorry dear I m also new to this trading zone but to buildup your confidence you can download the tutorial from nseindia.com and also search the video on YouTube. Actually I prefer Pankaj jain as his video have tricks. Even though I have not made much profit but it is a start to learn trade without emotion and fear.
    Enjoy:D
     
    narendrakurajak, Sep 7, 2016
    Share #10
    nirajshah likes this.
  11. shreeux

    shreeux Member

    Joined:
    Sep 7, 2016
    Messages:
    19
    Likes Received:
    9
    I checked Pankaj jain videos..Its hindi.
    Suggest any videos on english on your fav.
     
    shreeux, Sep 7, 2016
    Share #11