Question
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is becoming a full time trader , a good idea?
9 Answers
<p>You want to become a full time trader, yet you want to do it with the advice of others, you are not willing to put your own time into analysis and research. Most likely, you will very soon find yourself with no money in your hands or your investment account.</p>
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<p>To be a full time trader , I’m assuming you need some prior experience and also the capital is too less. The initial capital you put in might not give huge profits to reinvest.</p>
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<p>Having done this, it is a good idea. I’ll explain why. Learning to trade on your own will take a long time and in the interim, you may blow up your trading capital many times before you get good and earn consistently.</p>
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<p>I am a self-made professional day trader, and a good one at that. The best part is, I don't come from any financial background at all. So possibly, I am qualified in some way to answer this question. When I say good, I mean making 40–70 percent returns of trading capital every month. No kidding brother. But I make it a point not to have more than say 50,000 Rs in my trading account, and I withdraw the rest as profits. This is because risk is tied intimately with reward, and it takes a few bad days to wipe out …</p>
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<p id="isPasted">As long as you have ambition and patience, you can trade for a living (even with little or no money). As a career opportunity, part-time income source, or just a way to supplement your income, trading can be a full-time or part-time career. There is a common misconception that full-time traders with advanced degrees and a high pedigree only work for investment banks. There is also the belief that trading requires a large amount of capital and a lot of time. </p><p>If you want to work for an investment bank or on an institutional trading floor, you probably need connections …</p>
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