π—§π—›π—˜ 𝗗𝗔π—₯π—ž π—¦π—œπ——π—˜ 𝗒𝗙 π—¦π—§π—’π—–π—ž 𝗧π—₯π—”π——π—œπ—‘π—š
In the following thread you will understand a few dark truths about stock trading as a profession.
Sadly everyone touches the only green side but there has to be a balance. Don't forget to #retweet for wider reach.
ANTI SOCIAL
When you start day trading,you have to spend countless hours infront of the system,checking charts,reading data and trading . If you trade commodities then you are jam packed for the entire day.
You start spending more time in isolation rather being social.
HEALTH
My metabolism was affected drastically due to elongated hours of sitting.Yes this is what happens with a lot of traders across the globe.Some get back issues while eyes remain strained for some.Some even have reported ulcers due to improper eating habits.
RISK NEVER DIES
If you think option writing,hedging,stop loss,robust broker etc completely eliminates every risk,think again?
Best trader after making a billion dollar died due to psychological n family issue:Jesse
Best option writer lost all billions after 14yrs of being expert
WE ARE TINY CREATURES
The day I started making a few lakhs,for a brief moment I thought no one can break me & I am invincible. Market eventually taught some harsh lessons after few months.
There are traders who mint 40-80cr every month!Yet remain silent as they know they r tiny
SCALING WILL BE AN ISSUE
Every wondered why most big traders in our country(big means 100crs+)eventually turn to investing or business?
Liquidity still is an issue,you might get a favourable entry but beyond a few crores exit is just day dreaming and equally tough.
AN ELEMENT OF LUCK IS THERE
Some element of luck is there.
RD said that 7 more days if I would have held my shorts and HM's scam was not out,then I would have been on roads begging for money!
RJ was so short on Ketan stocks that a delay of a month,and he would have been bankrupt.
WHAT YOU SEE IS WHAT THEY WANT YOU TO SEE
The real game is not what you see here on twitter on social media. The real game is going outside,beyond our imagination. Insider trading is rampant,big authorities are involved,justice is rarely served to victim and 95% suffer even now.
The purpose of the thread wasn't to scare you but to bring the grim realities in light and introduce you to a balanced picture. On twitter people tend to have bias and in 2-4 yrs of experience consider themselves to have known everything.
Someone had to break the ice!
RT
#AKAL
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