Want to be a full-time trader?
It seems coolest thing, no office, no boss, u can work from anywhere, isn't it?
But wait..
Here is a stringent checklist for u-
If u satisfy all the criteria then only think of #trading as a full time career.
#MegaThread
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1. #MentalFitness -
Yes, I kept it at top because it's all about controlling your emotions.
Then comes the trading system which you will gradually build for yourself.
Trading is about finding what works for you and sticking to it no matter what.
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2. #CashFlows -
It must be made sure that the income from trading per year on an average is more than what your current income is, plus it should cover cost of running business (office/net connection/paid subscriptions etc)
3. #DebtFree
This is most important thing when u r thinking of full time trading.
You must be debt free or if u have any emi to pay then u must have other stable income source.
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4. #NoBorrowedMoney -
This is another mistake newbies do.
They take money from frnds after losing their own initial capital.
& 95 out of 100 traders will eventually blow the borrowed money also leading to depression, anxiety & stress.
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