Skip to main content

Full Time Trading or a 9 to 5 Job?


I receive a lot of Messages over my Social Media Platforms stating whether one should Drop out from a Job & become a Full Time trader.
Also I come across many Advertisements over the Social Media promising to leave a Job and become a Full Time Trader.

Let me put my Views on this:

Trading is a risky Business which comes with No Guarantee. While it might Seem easy to just sit in front of a Laptop and make money in Trading it's not that simple when it comes to Practical Implementation.

Traders less than a Capital of ₹5 Lakhs should never jump into Full Time Trading & leave your job. There is a Proverb in Hindi ( Naa Ghar ke Naa ghat ke). You will be left Stranded.
Traders not having any Experience, no Edge should never become a Full time Trader as and when they step into Trading.

A regular paying job offers much more stability than trading. There is no guarantee in stock market, please remember this. You could incur profit or lose depending on your knowledge of the subject. Stock market is a key to build a long term future and with that comes lot of risks as well.

No Matter that there is Rain or Sunshine , on every first week you will get your Salary in your Job. In Trading , you might not earn for Few Weeks or you might earn a large amount in a few days or even you might lose some Money. 

Leaving a Job and Trading Pressurises your Mind which makes you compulsive to earn Money. As far as I know a Compulsive Trader can never WIN.
It requires a Calm and Patience mind to succeed in Trading.

Conclusion :

I would never suggest any Person who is just Starting out to get into Full time Trading.
There is no need to sit in front of your Systems from 9.15 to 3.30 if you want to become Profitable.
There are Many Strategies which can be Implemented and earn 5-6% a Month while doing your job.
Full time Trading requires certain Edge over others , risk taking ability & a large Capital.
So , do not fall for Advertisements claiming they can make you Profitable from Monday Morning.

Try to Create Multiple Streams of Income in your Life , not to Break the Current One's.

I am Into Stock Markets from past 11 Years we have clients all over the World. I trade with a Large Capital as well.
I could easily leave Everything else and focus on Stock Markets.
Why am I Pursuing Chartered Accountancy?
Answer is I want an Additional Income Source. 
I want an Additional Security. It will also Expand my Capital.

Just being a Trader only profits can expand your Capital , having multiple Streams of Income expands your Capital in other ways & help you to generate more Returns.

In my Circle , I can show you 5 Doctors who are Successful in their Life , 5 Chartered Accountants who are Successful in their Life , 5 MBA's who are doing good in their life .
Can you show me 5 Technical Analysts / Traders in your Circle who are Successful? 
Surely not , so try to Balance both your Trading as well as your Job Life.

Hope this Clarifies your Doubts!

Comments

Vaibhav Singh said…
This makes a lot of sense and clarifies to a lot of people out there stuck in middle of this question makes a lot of sense. 🙏🏻
Unknown said…
This makes a lot of sense and clarifies
Well said boss.
Praveen VM said…
An insightful post which everyone must read.
Praveen VM said…
An insightful blog for everyone.
Anonymous said…
This blog help mi to clear my doubt.
shyam shukla said…
Perfectly explained..almost all the aspects covered perfectly..
Jatadhari said…
Perfectly Correct.

Popular posts from this blog

Bull Call Spread Options Strategy ( With Practical Example)

I Strongly believe , to be Successful in Stock Markets you Require two things : 1) Edge 2) Hedge Edge means having your own Trading System , following your own consensus & Conviction. Hedge is like an Insurance Policy , it will protect you from losing big and also maximise your earning potential over time without Destruction of your Capital. I will be Sharing one of the Hedging Strategy here. Example : Nifty on Friday (5th June) has closed around 10150. You are Bullish for this Weekly Expiry and what you to do is buy a Call Option of 10200 which is Trading around ₹120. Buying or selling naked Options involves high risk as its equal to betting. If you win you win Big or else you lose Everything. So buying naked Options isnt my Cup of Tea. What will I do in this Scenario? I would buy a 10200 CE (11th June Expiry ) at ₹120 and would sell a 10300 CE (11th June Expiry) at ₹80 to manage my risk. Now there are 3 Situations which can happen : 1) Nifty continues to rise: The 102

Pre - Budget Analysis (1st Feb 2022)

U.S Markets closed higher yesterday. Most importantly , S&P 500 VIX crashed 10%. There was huge Volatility in global markets due to Fed event. Markets remain volatile only when they have topped out or have bottomed out. Right now I feel we have bottomed out at 16850. Asian markets are slightly lower now. Dow futures are lower. SGX Nifty is at 17500. Finally , the most awaited day has come. Budget 2022 is going to be presented today. Expectations are of a good and stable budget. Reasons are the Elections coming up and LIC IPO in March. Govt very well knows if LIC IPO has to go through , Market sentiment has to be good. Without good market spending it would be very difficult for IPO to go through. Market had already fallen a lot before the budget. Although we have rallied in last 2 days but still we have some upside left. Though I feel it's not favourable to chase today's gap up. Today's gap up is a good opportunity to book profits those who carried longs. Bud

Pre - Market Analysis (17th Feb 2022)

U.S Markets closed flat yesterday. Right now Dow futures are slightly lower. Asian markets are slightly higher. SGX Nifty is near 17380. Suggesting a flat start for the day. Yesterday was a heavy Volatile session. Markets have moved all over the place yesterday. At one point of time Nifty rallied and at one point of time we were ready to cross 17500. Then news of Russia came that Russia has not fully taken back their military troops. This led to a drastic fall in the last 2 hours. Nifty crashed all the way to 17300. India VIX came to positive. U.S Markets at one point of time were down quite significantly yesterday. But later during the day they have recovered most of their losses. Most importantly , U.S VIX fell 5% yesterday. Here as well we can hope markets to stabilize and VIX to collapse. Premiums are quite attractive considering only 6.days left for expiry  1000 points away put options are also trading at 20-25 rs premium. These put option buyers you know are crazy peo