Financial Freedom

Large number of people wish to become successful in day trading.Unfortunately,most of them taste failures and losing their hard earned money.Few years ago,a friend of mine created 10 times profit in single day.Amazing!All other traders in his circle get motivated and concentrated in day trading.But,their trading  story ended as tragedy.Why some one succeed and others fail?let us examine the hidden rules of day trading.  Here,my friend's gain was accidental.He has bought few option contracts on the basis of some news and it was speculative in nature.Other friends have blindly expected this fortune in life and it was their biggest mistake.Day trading will not provide huge profits continuously.But,you can earn a decent return if following the below rules.  1.Try to make small profits.It is not a difficult task.but,you should have enough capital and time. 2.Watch stock market indices and understand the trend.Trade with the trend.Not following the trend is like swimming against the tsun…

Financial service sector is very vast and complicated.Banks,Insurance companies,Stock brokers and NBFCs are offering large number of financial products.Which are best suited for our finncial goals and needs?Is there any hidden charges?Each person is expecting optimum satisfaction.But,often result end in diappointment.Why?because,you are not having a good financial advisor.            We are spending a lot of time for shopping,movies,travelling and other entertainments.Bills may be paid by debit card or credit card of yourself .Ok,what's about future?Having enough fund for Childrens higher eduction,Marriage,Buying a new car or property..etc?Still,you are not started to save for retirement corpus?If so,you need a Financial advisor.        A professional financial advisor can assess your netwoth and prepare personal financial report.It will show you the real picture.You can select a term assrance plan after understanding your human life value.This is a great precaution against unex…

ors make hurdles and spoil their confidence.   How can make money from online trading? I think, this is the game of your subconscious mind.  Successful Investors such as Warren buffet and Peter lynch used value investing or bottom fishing.Means,they bought stocks at cheap price and got benefits such as dividend,bonus and capital appreciation.However,the case of a common trader is completely different.As per a survey at United states,only 12 % traders make profit.Why?Is it a high risky business?Yes.Trading is not video game of kids.It needs patience,professionalism and continuity.       Following things are important for success as professional trader.        1. Start small.Margin is not  luxury.Fix your quantity and lot size first.        2. Be disciplined;never change trade size.        3.Book your profit always.Be happy with small targets.Don't be greedy or panic.        4.Practice stop loss orders.Accept small losses for protecting from unexpected  huge crashes.        5.Contro…