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#WealthCreationPsychology: If you are in your Thirties and looking at creating wealth then you need to understand the below very clearly to be able to create wealth through trading.
1. Rs. 10,000 Per trade * 1000 trades is 1 Crore INR.
2. 5 Years period will have 1260 trade days
1. Rs. 10,000 Per trade * 1000 trades is 1 Crore INR.
2. 5 Years period will have 1260 trade days
3. Your life span as a trader should be of 15-20 years.
4. If its 20 years , than you have 5040 trading days in your life span.
5. As a salaried class, you wont accumulate 1 Crore by the time you die.
6. Home Loan, Auto Loan, Personal Loan, Insurance etc., will eat you up.
4. If its 20 years , than you have 5040 trading days in your life span.
5. As a salaried class, you wont accumulate 1 Crore by the time you die.
6. Home Loan, Auto Loan, Personal Loan, Insurance etc., will eat you up.
7. Always have a stable income from salary or business, which should be your priority.
8. Trading should be your secondary income.
9. Trade only when Price reaches the edges, as edge will provide you limited Risk with Unlimited rewards.
10. Trade with Price and Not with View.
8. Trading should be your secondary income.
9. Trade only when Price reaches the edges, as edge will provide you limited Risk with Unlimited rewards.
10. Trade with Price and Not with View.
