My Life as a Daytrader and passion for Market Internals

Generally, you see only profit post's stating how many points I earned on BankNifty.

But today I want to share my journey as a Daytrader and what changed me to think "Beyond Technical Analysis"

I have chosen trading a career path after Luck didn't favor me during my Entrepreneurial journey.

In my experience, trading is the only skillset in the world, which don't need a 2nd person's support. And at the end of the day, your laptop/desktop will be your friend. This is the sole motivating factor which made me think "Day Trading" as my sole partner.

During my Initial days of trading, I have started thinking to learn a Candle Stick Pattern or Applying an Indicator/combination of Indicators will earn me some money to survive and enjoy traveler dream.

But it didn't take much time to get my hands burnt and capital wiped out. Then I told myself, every trader has to undergo this phase.

So, I started practicing, on various indicators, Convergence, Divergence, cross overs etc. But nothing didn't work.

It took me approx 1.5 years to understand that PRICE is the input for every Indicator and all the Indicators moves as Price of the asset moves.

Then Immediately I have stopped using all the Indicators - And wanted to understand other factors using which I can make some logical conclusion.

After that, I have started learning a lot of Books by many renowned authors through their books, I understood one thing, there is no difference between a Stock Market and Vegetable Market.

Basically, a Market is a place which facilitates the trade to achieve a Fair Pricing the Asset. Then I understood, most of us are looking market as a very complex thing to understand.

This fundamental principle opened my Eyes and started looking for some more information to make myself better.

Now with some basic trading principles, I achieve my dream of Trader cum Traveller.

-- Closing the previous week with a good profit, I am writing this Article enjoying a cup of tea, watching some kids playing.

Everyone wants to live a trader dream, but understand the fundamentals and focus your energy on the right stuff. And don't try to trade each an every asset, Try to keep them limited.