Have you given up your job and start day trading? What was your story?

Posted on 24 May 2017.


Yes.


I graduated as an Engineer in Computer Science in 2009. Just when the recession was at the end. Like many engineers, I wasnt enthusiastic about job. At that time before flipkart or amazon had sprung up in india, I had an idea for online shopping website and what not.


And then one day I saw my retired father doing trading. I saw him making Rs. 50,000 in fifteen minutes and that made me pretty clear. I loved computers but never Computer Science. And Trading was what I was meant to do.


I started and I blew my account twice till 2010. At that point I decided to do MBA in finance for knowledge purposes. By the time I finished my MBA, my father had expired so I had to take up job from a campus placement. I spent next 5 years in a job (last 1 and a half year I am married) that never was my calling, paper trading and devising my strategies frustratingly and arranging for money to trade. After 5 years when I had enough, when I was not even sure that my strategies will work apart from paper, I took a leap of faith, resigned from my job, arranged for required money.


For the month of April, 2017 I had a meager profit of 13,000 rs. after many mistakes because paper trading is easy compared to real trading. May, 2017 expiry is tomorrow and after making many mistakes I am sitting on a profit of 70,000 rs. which will increase next month again and I can proudly say that this profit is not luck.


My trading is mixed with intraday and swing.

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Short answer is Yes. I have been trading in stock markets for last 10+ years and for 8 years our of that I have been an Options Trader. Trading is like any other business. You buy low and sell higher.