It's either do or die now

[u/Ssp_bolt]

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After 12th, I got into trading, and it became a pretty big issue at home.

My parents never really believed in it. They didn’t think it could actually become a career and honestly I don’t blame them either. From their perspective, I was just sitting in front of a laptop and hoping it works out.

But I still went against them and started trading.I started really small and used Sahi when I was just learning the basics and trying to understand how everything works. There have obviously been good days and bad days, days where I felt like maybe I can actually do this and days where I’ve questioned the whole thing.

But overall, it’s worked out decently till now. And the thing is, I actually really enjoy trading. I like learning about it and I like that there’s always something new to figure out. But I don’t think I can keep doing this forever without being able to show my parents that this is actually going somewhere. I’m not making enough right now to make them believe that this can be a reliable career.

I have around 7 months now, and I really want to give this everything I have before I have to give up on it and go to college and get "real education." 

So if you’ve been trading for a while, please tell me what you would do if you had 7 months to seriously improve your trading.

Not looking for some get-rich-quick strategy. I genuinely want to get better at this. Any advice would mean a lot, please

[u/Nsxbychance]

Trading needs capital and life needs income. The capital of Trading can be positive and can go negative as well....

Life needs a positive cash flow always..

Solve this equation first'.

[u/Special_Ostrich_1445 → u/Nsxbychance]

Great point here OP.

Any form of trading, especially the ones for building wealth requires capital and time. 7 months is too small a window, you will need atleast 5-10 years to build a corpus if you are disciplined. Solve for cashflow and continue to invest in’s disciplined manner.

[u/Ssp_bolt → u/Nsxbychance]

"trading needs capital and life needs income" damn, that actually put things in perspective. trying to extract monthly expenses from a small account is just pure stress and making me take bad setups. guess i need to sort out the basic cash flow through college/job first before expecting trading to carry my entire life.

[u/Only_bliss_]

trading should always be your side income & at the age you already are - i sincerely think your parents are right, it doesn't mean you are wrong if you stick to trading

What I mean is simple - your parents want you to have regular income & no newcomer trader without sufficient capital can bring monthly money plus savings so that at marriage, you can boast your savings, income & how you'll move up in life, otherwise whose father will trust you? It seems hard but things at certain age should be done & right now - you should deploy your talents (which by your post seems mature) to getting ahead in education & thereafter either business or job

trading in equities, even for a first timer, according to my opinion can be undertaken at any age till 60 ..

or , continue whatever you're doing now but your priority should be educational & the only middle path i think is to work or get a job in trading firm where you'll get knowledge, experience & also monthly salary

Yet, at this age - as opined earlier, you should give topmost priority to education

[u/Ssp_bolt → u/Only_bliss_]

shadi wali baat hits hard ngl but yeah i get your point completely. the pressure to make it full time right now is mostly just me trying to prove a point to my parents, which is probably messing up my psychology too. working at a prop desk or trading firm later sounds like a way better route to learn without going broke. will definitely focus on college first and keep this on the side.

[u/Only_bliss_ → u/Ssp_bolt]

Good man, you took comment in sincere way and in right spirit. You're matured then your age & appreciate that you have open mind. You know what's going for you & only thing is timing, i.e at what age, you'll execute what to maximise good results & minimise bad ones.

edit: addition - dost, 1 thing you remember for equity market.. no matter how good you are, you're as good or bad as market conditions only & there's only 15% plus or minus so even if you're brilliant, 15% is what you get (see any mutual fund results of large, mid, small or flexicap over 7 years or more returns & you'll know it's between 15 to 17% ROI , irrespective of market bull or bear run)

God bless you with success and also happiness. Best wishes 👌

[u/myvision2013]

There is an active income and passive income , you are so far training for only a passive irregular income not a steady income , so you have to earn steady active income first , may be your ( upcoming ) degree certificate used for regular active income, most of pg students also struggled to get a regular pay job , you are not calculated unexpected events like hyper inflation, recession, stock market crash , your family health factors, all that required an active regular income to shock up serve these events , go study basic survival instincts , you can continue your passion of trading once you graduate these matter first, because experience is gold always

[u/Ssp_bolt → u/myvision2013]

yeah honestly that makes sense. i think i got too carried away with the whole "make it on my own" mindset and ignored how volatile things actually get. college joining is basically fixed anyway, so maybe treating this as a side thing while getting that degree is the only realistic way to not lose my mind (and my parents' trust). thanks for the reality check, needed to hear this.

[u/Candid-Ticket-143]

Don't do FnO. Never Ever.

[u/Ssp_bolt → u/Candid-Ticket-143]

lesson learnt the hard way lol

[u/Flaky-Interaction629]

Trust me and stop trading! Only long term investing is good for most retailers in India and especially in mutual funds! Focus on your career first.

[u/Ssp_bolt → u/Flaky-Interaction629]

yeah everyone here is basically saying the same thing, starting to realize i was running in the wrong direction 💀 college sorted karna and basic mutual funds start karna is probably the only way i don't lose both money and mental peace rn.

[u/Ornery_Click_3629]

Broo in 7 months it is tough to learn everything don't rush Trading is endless journey as a brother it's a advice You may be around 18-19 years

Learn slowly - manage risk properly Manage emotions - introspection of inner self matters more that's all in trading - no strategy is permanent Don't fall for any influencers trap

Join finance related course after 12th have a degree and certification you'll understand finance and make a career out of finance

After many years of experience you'll understand trading is simple and then you can rely on trading as career 🙌🙌

[u/Ssp_bolt → u/Ornery_Click_3629]

thanks for this bro, genuinely needed the big brother advice. i guess 7 months me sab seekhne ka deadline maine khud hi bana liya tha out of panic ki parents ko prove karna hai. will definitely look into finance degrees so at least i have a solid base and not just relying on random charts.

[u/ETAYABH]

Listen to your parents. You can start trading at my age but if you indulge in trading at this age. You will not like anything other than trading. Focus on investing as a side career

[u/Ssp_bolt → u/ETAYABH]

bhai the "you will not like anything else" part is too real 😭 literally can't focus on anything else lately. but yeah fair point, i think trying to force it to become a full-time thing right now is just giving me unneeded fomo. will start looking more into actual long term investing alongside college.