You may think that why are you reading something about Trading on Equity Research Blog? It’s because trading is a part of my journey in the market. I will share my learnings from trading the markets.
As an every new guy in the market, I was also overly optimistic. I was also dreaming of making income through Trading and investing those proceeds into the market for longterm. I still have that dream!
To fulfil such dream, I had to test my feet in trading.
It was April 2013, One of my friend had his Axis Direct account ready with him. I sourced some funds from 3 other friends and sourced one call from another friend. It was UCO Bank. The stock was trading at 65. It was a JACKPOT Call! The stock was to shoot up to 80. The stock didn’t went there and I end us loosing close to Rs. 2000.
This was enough to make me invest for longterm. I was’t trading for a year and a half because of this incident. Then comes December 2014.
It was December 2014, and I started trading through my fathers ICICI Direct Account. This time, learning from my past mistake, I wasn’t working on others call. I developed my own basic system for Nifty Futures Trading.
I lost around Rs. 5462 there. I paid roughly Rs. 2600 in brokerages. So I had to move to a cheaper option Zerodha. 🙂 (more…)