Trading requires ALL you have and MORE!
What if I tell you to start a steel manufacturing plant? What if I tell you to start any brand new business? What do you think how long it would take you to be successful? 3 months Or 6 months?
Now for the harsh reality, it will take you minimum 5-6 years to get to a stage where you can only hope that you will make profits in future. And these 5-6 years will be full of hard work with no results. You keep on giving the number of hours, keep on grinding to mostly expect bad news only. Still, you don’t lose hope keep working hard. You hire staff and care for them and that’s why they keep giving all you have. This time you feel that you have made it and the profits will finally start coming in…just to see a downturn of economy like Covid, or change in government regulation or any other external factor on which your business is dependant. You lose all hope. AGAIN!
But you still have some fight left in you. You move on. You don’t worry about yourself, but you just want to get out of this mess. You constantly have second thoughts about why you started this business after all. You have a smile in front of your team and clients but you feel hollow from inside. Then after some 5-6 years some ray of hope starts kicking in and you make some miniscule profits. These profits should be like an award to you, you should celebrate it. But instead, life has taught you so much in these years, the pain of perseverance has humbled you so much, that you ignore and keep working hard. You ignore the immediate win, and keep moving forward.
THIS is business for you in a nutshell.
And this exactly is a snapshot of Trading in markets. You won’t earn profits out of thin air, you will make losses, get up and fight, again make losses, get up and fight and finally after some years, you may start seeing some profits.
It’s a FULL TIME BUSINESS. It is just like any other business. It is not only Non-Passive, it is an extremely active business. It involves more that your 100% JUST LIKE ANY OTHER BUSINESS. The moment you download the Zerodha / Grow app on your phone and hit the trade button, you have started a steel manufacturing plant. You need to be full time. It’s a 90:10 ratio where 90% people lose money and only 10% people make money JUST LIKE ANY OTHER BUSINESS.
Trading is not easy. But it’s worth it. Trading is a FULL TIME business. But it’s a skill you will be grateful to develop for life!
