Successful forex trader in india

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He has gone through his fair share of ups and downs. To begin with, his family did not support him in this endeavour because he had lost a lot of money in the initial days due to lack of proper knowledge or experience in the field. His success lies in his optimistic and passionate nature to achieve what he has to without stopping anytime soon. Belonging to a middle class family, it was never in his mind to become a forex trader until when he read an article in Forbes magazine on how easily one can grow money and other assets through forex trading.

He was fascinated by the fact that one can earn a handsome amount without having to leave their own houses for the same. He enjoyed the whole process of learning from failures, experimenting and succeeding, all within the comfort of his home.

Head & Shoulders

As the time passed, his understanding of the industry grew tremendously and his days of success got far ahead than the days of failure. Shashikant also took some professional training to do even better in the field. The training gave him a better understanding on how to analyse and execute investment in Forex Trading. There has been no looking back since then.

He found that the best trading strategy he had used before was not feasible, and at this point he was intrigued by the way of shorting in the stock market at that time.

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He began to notice the way other investors trade. He began to focus more on WHY they were short and from time to time he also asks for advice and answers from these investors. Gradually he noticed that the successful short sellers were mostly targeting stocks with no stable and growing business. After studying short selling tactics for a while, Aamir started making his first trade.

Aamir's first short sale was 2, VGGL shares. He was motivated by this drive to make himself short more. You don't have any specific trading rules. And he learned again that in order to trade well, he first needs to have his own trading principles that help him to be consistent with his decisions against trading opportunities. Aamir began to focus on a few specific stocks and grasped how the business is evaluated. He started to build his own criteria.

And just like that, these criteria gradually shaped his trading strategy at the right time. It is this that helps Aamir begin to get the fruits of his trading.

He learned that being patient, disciplined and selective is the key to maximizing profits. Until now, he still maintains the same trading style. I hope that you have learned something for yourself.

I'm currently living in Bangkok, Thailand. I have been trading forex for more than 5 years. You can read my articles about the best forex brokers on this page. Jan 26 Jan 12 Jan 17 Sep 23 0 The following is one of my success stories of day traders in India.

Success stories of day traders in india Aamir initially became interested in the stock market at the age of Key points in Aamir's story Aamir became interested in trading after seeing his father make money on the stock market. The first trading strategy that Aamir used for trading was buy when breakout. Patience, discipline and selection are the keys to maximizing profits.

Focus on a particular market or a few products or stocks, and build strategies around that. Don't focus on day-to-day trading. It is possible to raise capital or increase trading volume if you achieve trading consistency. BRKV Oct 06 BRKV Sep 30 BRKV Sep 23