Are you an active trader? Do you consistently make money?

Zerodha claims that less than 1% of the traders beat FD returns. If you are an active profit making trader, what makes you different and how much do you earn?

If you are trading full time when did you decide to quit your full time job?

19mo ago
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TwirlyWaffle
TwirlyWaffle

That 1% data is mostly for the derivatives traders. I am mostly a medium term trader/investor, and invest only by taking delivery without any leverage. In terms of investing style it's a mix of fundamental and technical analysis. Mostly invest in stocks that seem to be undervalued and have decent quality based on fundamentals. However, technicals are very important to avoid any value traps. I still work full time, but do a lot of reading and research at night. I am not a day trader, hence don't need to be in front of the screen all the time. I have a decent amount of and have been investing since my school days more than a decade back. Those days used to invest through my mother's account. Would I retire and go full time into investing, yes I would.

TwirlyWaffle
TwirlyWaffle

If you're interested in investing, you definitely should take the plunge. Start reading as much as you can on investing, and start with a small amount of capital.

TwirlyWaffle
TwirlyWaffle

Apologies, I have to express myself through multiple comments. This stupid apps starts to hang if the comment gets too long. Hence, writing multiple comments.

TwirlyWaffle
TwirlyWaffle

Contd- Don't take this comment as if I am condescending down on you. Since you have asked this question, it seems you are still new to equities. So don't invest all your capital right away. Take few years to learn. It took me over a decade. For now, start with a nifty Index fund and combine it with 200 DMA, you'd be fine for most of the time.

TwirlyWaffle
TwirlyWaffle

Contd- There have been lost decades where the index had returned zero or negative returns. So be cognizant of the fact that buy and hold index does not work all the time.

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