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My lessons from day 1 in the market

Rahul

Ninja SEO and Marketing SuperFREAK

My lessons from day 1 in the market

by

Net Loss of ~5000
In day trading You can trade at ~10x Cash in hand. Because Zerodha lets you play in the margins.
So for quick gains, day trading is far more lucrative.

Bought it at 2:30. When it was at its peak. Then all day traders started squaring off it fell by 2.2% and My wealth fell by 22%

Day trading and long term investing have different rules altogether
The basis of protection for daily and long-term are entirely different.
I have no fucking clue how to predict
In day trading the scales are multiplied by 10 (you are trading at 10 times cash in hand).

This means minor fluctuations can wipe out major wealth

  1. Never trade with money you don’t have
  2. Stay in your circle of competence
  3. Discipline – 1 trade per year