In 2007 i did my first Google on 'Technical Analysis' after hearing this term on CNBC Awaaz. In terms of returns the highest possible i heard was through mutual funds, i.e., around 15% annually (which is approx. the sum of our GDP growth rate + rate of Inflation) over the long term of 10+ years.
In 2010 i was still fighting for consistency with the fear inside 'have i wasted these 3-4 years of my life for some illusion?'. Then with God's grace first major crack happened in 2011(KTW line). After that it has been trajectory upwards on Edge front. In 2017 now i know how to get returns expectancy of 1000% on a trading account with 500% returns almost bound to happen (due to liquidity limitations initial account size can be up to 5 lakhs).
Purpose of this post is to give confidence to the newbies of the markets who are in my situation of 2010, when i felt lost & down without knowing address of any winning trader to talk to. Yes man! all the fight & hard-work during the journey of the markets is worth it due to rare & royal Freedoms we enjoy for being a trader.
Soon, we, Uttam Traders, are going to release an article on Pros & Cons of being a full time trader over a 9 to 5 job. It seems an obvious topic but still i want to do it on paper.
Stay Hungry..!!
