| Earning While Staying At Home | Stock Market Trading As A Full Time Option | My Thoughts Shared In Fundfolio Breakout Discord Channel|
Hey Guys,
Saw many of you thinking of trading as a full time
option. My views and experience as a full time trader since April 2020.
I quit my job in March to move abroad. But as lockdown came
into effect, I couldn't move and had to keep postponing my travel plans due to
extended lockdowns and travel restrictions.
Since, I wasn't looking at a new job as I didn’t want to get into a new commitment just for few months as I had decided to move abroad anyways.
Also didn’t want to get into notice period issues etc, thought of trading as a good option as there is no external commitment.
Also, the problem was I wasn't sure when I have to move.
Dates weren't confirmed due to Visa issues etc. So trading was the most apt
choice to earn and also there was 'no requirement' for external commitment. Another most important point being, I could stay at home safely with family during the Covid19 pandemic time.
The only commitment I had to do was to spend considerable
time learning and preparing for trades and waiting for the right Intraday moments etc. I had decent capital. But I wanted to make sure that I will do
only safe and conservative trades.
During this journey, came across SS and his videos which
helped me a lot. I was initially a quiet listener, but a huge fan. I would have
watched all his videos. It immensely helped me a lot. But, I made sure that,
like SS said, make my own watch lists, track my own family stocks etc.
What I recall is this proverb. Best teachers are those who
don't give fish, but teach us to do fishing. So I took trades with the
knowledge that SS shared and till today I actually don't follow the athishaktham
watch list. I have my watch list. Sometimes few of them coincide.
Why I said this is because, now if you think of trading as a
full time option, My suggestion is to take trades ‘100% as your responsibility’.
Following someone's trade won't give you that confidence and satisfaction when
you do it yourself for the long term.
But we need all our favourite tools, FF channel, market
feed, TSMS, our breakout army group to keep us abreast of what's happening in
market and to do the best of our trades. So let's continue what we are doing to achieve financial freedom 😁. The Long Term Vision 😎
Regarding returns,
- 1. My return is in line with my salary.
- 2. Good Profits have come from mostly swing entries some of which I had to hold for 2-3 months.
- 3. The few top stocks that gave me good returns are ITC, ICICI Bank, HDFC Bank, L&T, BPCL, SBI, Adani Gas, Hindustan Zinc, Airtel, Infibeam Avenues etc.
- 4. I make sure, I repeatedly trade in these stocks.
- 5. Started Options strategies lately only with breakout, still experiencing and experimenting.
- 6. Now I have pulled out some funds, and doing only cover orders and option selling as I might need to go abroad soon.
- 7. However, I should actually realize that all this profit from swing and Intraday would be because of this amazing Bull Run. We don't know, how markets are going to be in the long run. We are yet to experience. Even SS said this recently on TSMS.
- 8. So, I would prefer to get back, being employed and do trading side by side. Option selling is that one amazing thing which SS helped us to learn with heart.
- 9. Even though, many of us knew many things in bits and pieces, actually the options selling workshop only helped me trade options confidently.
- 10. But if someone has no choice but want to be at home, full time trading is definitely an option. I have full 1 year experience, so we can quite well earn from it and be comfortably at home with family.
- 11. In my case, many times, my capital was stuck for 2-3 months, but somehow I didn't panic and could exit with profit. #athishakthampsychology❤️
- 12. Even now, I have quite good capital in holding, waiting to exit.
- 13. But I do expiry day trades with it, as I had pledged my holdings. So it's not dead money.
So to summarize, with the help of every one at BreakOut
Army, I was lucky to earn as much as money I took as salary even when I was
unemployed 😁
But I still feel, full time trading is still 'long long to
go' option for me. We shouldn't decide solely on what we had experienced just
last one year. Let it be a passive income and together here I think we can keep
growing our wealth.
All these are my personal experience and views, it could be
totally different for each individual.
So thank you to all who initiated discussion on this. I
could share my feelings 😁
Let me once again thank everyone, SS,AA, my dear breakout army
team. Without all of you, I wouldn't have come so far in stock market and
trading. Thanks a lot guys, thank you everyone.
So nothing more. Let's together learn more, share more knowledge and earn more.
Athishaktham ❤️❤️🔥🔥
Sharing Some Screens of Our Discussion. Highly Recommending SS, TSMS, FF, BreakOut to all my friends who are Interested in the Stock Market. Also, I wrote this today because, It is the Official Launch of Fundfolio's Market Feed App. So Guys check out for the same at Play Store.
Great write-up. I'm quite interested to learn more.
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