Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminalor not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

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Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

rocket call

Bank Nifty Option Tips

If You are Looking for 150-300 points in Intraday Bank Nifty Option everyday; then you must Check our Bank Nifty option tips which provide Large Targets and Small Stop Loss. The aim is to make Rs 3000-6000 almost daily by trading One Lot in Bank Nifty. You just require 10k to start trading in Bank Nifty. We even provide free guidance for Option trading who have never ventured in this segment. Click on Image or Post Title to Read More.

Bank Nifty Tips which gets You Profit

Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

Can Stock Market Day Trading be Taken as a Full-Time Business?

Day Trading as a full-time career or business in India or as a hobby?

There are plenty of day traders and swing traders out there, many of them engaging in the stock market at different levels. Some people utilize day trading for a living, while others just trade for a few hours a day to bring in some extra income. The question arises, when is the right time to make the leap to full-time day trading and if it is even an option?

The first thing to note is yes, making a living on day trading is a perfectly viable career, but it’s not necessarily easier or less work than a regular daytime job.

Stock market trading is often viewed as a high barrier-to-entry profession, but this is simply not the case in today's economy. Now, as long as you have both ambition and patience you can trade for a living, even with little to no money.

Stock enthusiasts commonly wonder whether it's possible to make a living trading stock. The idea that you could quit your job and support yourself just by trading stocks is fascinating. To some, it seems like an impossible fantasy, but it is possible to make a living trading stock—the real question is if it's probable.

Novice investors, buoyed by their success with paper trading simulations, may take the leap of faith and decide that they're going to earn their living from the stock market. Some find success, feeding fantasies of sitting on a tropical beach, making a killing with nothing more than a laptop and an internet connection. However, many people who independently trade for a living use day trading strategy, and studies have shown that the majority of day traders lose money over the long-term.

That, of course, doesn't diminish the allure of trading for a living: freedom. Freedom to be your own boss, to work where and when you want, and to be financially secure.

There are so many options available to people with the desire to put in the time to learn.

Beware – there are many out there who claim to make a fortune on day trading, but usually, these people are trying to sell you something. Don’t believe the hype or that there is such a thing as “easy money”.

There are ways to make it easier though – for example, you don’t need to make as much if you live in (or move to) a low-cost, low-tax country. Cutting down on living costs can also make a big difference, as “making a living” on something, in essence, means that income covers expenses.

Being able to successfully trade for a living means achieving a level of focus and discipline that most people will never achieve, no matter what career they choose. This is as opposed to traditional investors, who buy relatively safe products and let their equity grow over decades. We can think of it as the difference between being a movie extra and an Oscar-winning actor.

Day traders who work from home may not have a "boss," but this isn't a good career choice for those who want flexible, low-key workdays. Day traders live and die by their trading schedules and plans. They diligently take notes on their watchlist stocks at predetermined times throughout the day.

Changes in technology, plus increasing volumes on the exchanges, have brought about several very low barriers-to-entry trading careers. In some cases, no personal capital is required. In other cases, only a small amount of capital will be required to get you started (and it will be used as a way of verifying your commitment to trading.

With global markets so interlinked, it's always open trading time somewhere around the globe, and many of these international markets can be accessed with relative ease. This means that even people who have full-time jobs or children at home can trade—it is just a matter of finding the right market and opportunity for you.

This is not to say that trading is an easy business; it can be very difficult. With so many routes, anybody can enter the market, but your ultimate success depends on you. And depending on the route that you choose, trading can become a full-time career opportunity, a part-time opportunity, or just a way to generate supplemental income.

People often think that full-time traders with advanced degrees and a high pedigree only work for investment banks. Equally as common is the thought that, in order to trade, you need large amounts of capital and expendable time.

It is probably true that to work for an investment bank–or to walk onto a major institutional trading floor–you will need to have connections or a prominent educational background that sets you apart. However, in this article, we will focus on how the average person, with either extensive or very little trading experience, can enter into the arena of trading and creating wealth.

Before you even consider taking the leap towards becoming a full-time stock trader, you should make sure you are properly equipped. You wouldn’t quit your job to become an engineer without any proper training, right? What are your chances of succeeding? The same logic applies to trading. Start developing the proper expertise before even considering a career in day trading.

You can read 1000 books on trading theory and still get crushed by the markets. Theory and practise are two different skill sets. Most traders need to spend some time actually trading before they can get a real feel for the markets.

If you are even considering becoming a full-time trader, make sure you are trading consistently. This will allow you to set realistic expectations for the future. Consistency is proof that you have actually developed an applicable skillset. 

There is no “magic number” when it comes to calculating the amount of experience needed. Different traders will learn at different paces. One trader may be able to become consistent in a year, while others may take a few years. It’s important to take these next few considerations into account.

Both day trading and more conventional career paths have their benefits. A conventional job guarantees you a salary (and, sometimes, benefits), whereas day trading has higher theoretical scalability and allows you to be your own boss. For most full-time day-traders, the biggest benefit is that you get to do what you love at a job that consistently challenges you. Sound appealing? Take the following into account:

As a full-time day-trader, you will have less stability, especially as you start out. You will have good months, bad months, great months, and mentally exhausting months. While this roller coaster of emotions is part of what makes day trading exciting, it can also be stressful if approached improperly.

Leaving your job means leaving your guaranteed income stream. A day trader's salary is never guaranteed. Sure, leaving your job means you get to escape the monotony of a 9-to-5, but if you want to day trade for a living, you need to be prepared for what follows. Create a financial plan.

You should save up enough money to cover your expenses for 2 years. This will take some of the stress out of trading. If you’re not trading to pay the rent, you can make much smarter decisions. Of course, this approach relies heavily on your ability to accurately calculate this number. It’s better to overestimate than underestimate.

Trading for a living does not lend itself to a "rags to riches" story. Whether you plan on day trading or not, you'll need a significant amount of capital just to get started as a professional trader.

Many experienced traders suggest having at least one year’s worth of income set aside before you start. This is not the bankroll that you will trade with—you'll need separate capital for that. These funds should be set aside purely for your living expenses like housing, insurance, and food. Having this financial cushion will give you peace of mind, allowing you to begin your new career without the pressure of having to trade to “make the rent.”

Even when it comes to capital for your brokerage account, day traders need significant capital to trade in earnest.

Don’t sell yourself short here. It may be easy to say, “I can live without entertainment for 2 years” until you are 2 months into staring at the screens for 12 hours a day. Be realistic, be accurate, and plan accordingly.

When you become a full-time trader, you enter a world of 100% accountability. Nobody is making you get out of bed every morning and no one is telling you what to do all day. You are the driver of your own income and you are the only one who cares enough to generate it. Make sure you have the discipline and proper organizational skills necessary to make the most of this process. Are you someone who enjoys the autonomy of being your own boss or do you prefer being told what to do? Are you able to keep yourself in check and stick to a schedule or do you veer off and do your own thing? Do you need stability or does risk keep the markets exciting? Be prepared for the lifestyle change just as you are prepared for the financial changes.

Professional traders need to leave emotion out of their trading. Psychologically, you will need to steel yourself for the severe financial losses that typically accompany the first few months of day trading. The only way you can move past those losses is to approach them with calculating reason, rather than emotion. Learn from your mistakes without getting caught up in emotional highs and lows.

The goal when trading for a living is to have a reliable and consistent revenue stream, but that will take time, diligence, and luck to achieve. Not everyone has the mental fortitude to work up to the point where they have a consistently profitable strategy. Watching the daily fluctuations of your income can be extremely tough on the psyche, especially when it's a sustained experience that lasts months.

The question on many aspiring traders’ lips is, how to start day trading for a living? The answer is you need just a few fundamentals. Get those fundamentals right and you’ll be in the strongest position to make a generous salary.

You need at least a mid-range computer and internet connection. Any hardware or internet crashes could cost you dearly. Many suggest having two monitors up and running, just in case of emergencies.

Make sure you pick a broker that suits your needs. They need to offer competitive prices, reliable customer support, and an easy to navigate platform.

You need a strategy that suits your trading style. It needs to rely on charts, patterns, and technical indicators. It needs to enable you to make frequent profits on high volume, low-value trades.

Location is an important topic. Will you have an office at home or try and trade in a variety of locations on a laptop? You may have seen the images of a lone trader sat behind 6 or even 9 monitors keeping track of all sorts of data – but is it necessary? One alternative to trying to dedicate some space at home to trading is to use rented desk space.

The number of people day trading for a living since 2014 has surged. Is it realistic though? The answer is, it depends entirely on your ambition and commitment. It won’t be an easy ride. But if it suits your working style and you choose the right market then you could be one of the few that triumph.

The combination of speed, volatility, adrenaline, and losses can make day trading a jarring experience for newcomers. You'll need patience and cool-headedness in the face of repeated losses; otherwise, the stress of day trading can wreak havoc on your emotional well-being.

These are some of the basic things to be aware of if you are going to try to make a living trading stock. To be blunt, the odds are against your success, but diligence, discipline, and capital can tilt the odds a little more in your favour. If you're one of the few who can master this art, you'll enjoy the excitement, independence, and financial rewards.

To enhance your odds towards success you always need a mentor in your life and we are SEBI regd Investment Advisory services offering best day trading tips or Bank Nifty Options tips to make money trading in the market as getting profit daily in the market is an art and we help you learn this art free of cost while you trade with us.

Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

rocket call

Recover Lost Money Plan

A number of traders have lost their money in the market due to wrong trading advice or emotional decisions. We keep on getting a number of requests for helping these traders recover their lost money. We are proud to say that till date we have helped 1368 people recover their lost money. Get Back your lost money with our Precision Tips backed by timely info, accurate technical analysis which is backed by 30 Days Money Back Guarantee. Click on Image or Post Title to Read More.

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Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

 
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