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Wednesday, 10 September 2014

Trading profession v/s other professions



  According to me  trading is just like any other profession like Medicine, Law, Teaching and Engineering . It is all about skill development. But unlike trading, these professions have an advantage. We can always conceal our failure and mediocrity there. We can always put the blame on others and situations .We rarely suffers due to our mediocrity and inefficiency. Our client or our employer always suffers. Just think about this for a moment. How many people you know, excel in their chosen professions?
    Finally think about how much money we need to spend on education to land up in a good profession. We may need to spend several lakhs to become a specialist doctor. How much we need to spend for an engineering degree and a reputed MBA?. Here in trading, people are not willing to spend on education and pay tuition fee to the market. Everybody wants to mint money from day one.
    There are no short cuts. Select a method with an edge and get yourself trained. Be ready to pay some tuition fee( loss during learning phase) to the market to be consistently profitable for financial and pshycological freedom.

So many are doing it, we can do it.

4 comments:

  1. the people spread the gossips about markets, like those are full of gambling and we common people impossible to make money, those are not true, in fact they are understanding the markets it's a game full of puzzles, if u understand it properly it's not a big matter to make money, and don't forget legend of stock markets jessy is an 6 std failed student, so STICK TO YOUR IDEAS THE SUCCESS WILL CHASE YOUR EXPECTATIONS, good luck happy trading.

    ReplyDelete
    Replies
    1. if ur committing money on truly random outcome, then its a gamble, example buying lottery ticket.
      if one can influence the outcome with his own skill or can reduce the adverse effect controlling his own action is not a gamble, its a skill.

      Delete
  2. hi sudarshan
    thank you so much, im newbie, your knowledge and thaughts are in depth and are very much usefull to me . keep going

    ReplyDelete
  3. hi sudarshan
    thank you so much, im newbie, your knowledge and thaughts are in depth and are very much usefull to me . keep going

    ReplyDelete