Couple of things which i decided to follow till my own capital reached 10Cr so that i can focus more on my trading.
Here it is.
- No Client Fund Management. It helps me to be less pressurized as i am not answerable to anyone. So, i can trade freely.
1/5
Here it is.
- No Client Fund Management. It helps me to be less pressurized as i am not answerable to anyone. So, i can trade freely.
1/5
- No Broker/Prop desk Fund. It helps me to avoid unnecessary interest cost & keeps me in low pressure for performing every month.
- Trading on my own capital helps me to do fearless trading without burden of any fix monthly performance.
2/5
- Trading on my own capital helps me to do fearless trading without burden of any fix monthly performance.
2/5
- Manage Income tax from outside trading income so i compound my capital without withdrawal. To achieve this, I had well paying job till Feb 2021. i took webinar once in a 4-6 month so i can share my knowledge & get some extra webinar income for effective tax management.
3/5
3/5
- Try to maintain relationship with knowledgeable trader so I can learn from them. Now a days, it's difficult to find good trader 😉 from trading community but i was fortunate enough to find couple of helpful trader in last 3-4yr who helps me to sharpen my trading skill.
4/5
4/5
-Not focusing on promoting/advertising other product. Nothing wrong in brand building but being a trader, i need to focus more on my trading rather than promoting other product/brand.
-Stay humble & keeping low ego. Everything is possible. All the best to new trader. 👍👍
5/5
-Stay humble & keeping low ego. Everything is possible. All the best to new trader. 👍👍
5/5
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