For a capital of 1 lakh is it possible to earn Rs 10,000.
It is very unlikely to earn 10% every day on your total capital traded. This would require a very high level of skill, risk, and luck. Most professional traders aim for much lower returns, such as 10% per month or per year. Even then, there are many factors that can affect the performance of a trader, such as market conditions, trading strategy, psychology, and discipline.
For instance, if you have a capital of 1 lakh, earning Rs 10,000 per day would mean a 10% return per day, which is extremely unrealistic and unsustainable. Although some traders claim to earn anywhere between Rs. 100 to Rs. 10,000 or even Rs 20,000 in a day with intraday trading, it’s important to note that these returns are not consistent or guaranteed. You may also incur losses that can wipe out your capital.
Therefore, it’s essential to be cautious and realistic about your expectations from trading. Trading is not a get-rich-quick scheme, but a serious and challenging profession that requires a lot of education, practice, and discipline. Don’t worry, though! With the right mindset, a sound financial plan, and a diversified portfolio, you can achieve your long-term goals. You can check out the below article, it can also help you better understanding…
Thank you. Makes sense. it is not consistent. I understand.