Friend,
They say that you can know the condition of someone else's heart from your own heart.
If we look at my profession, I myself was an IT professional by degree and work. I completed BCA and MCA and have also worked in IT for a period.
But after that, the following was the reason for turning towards the market.
1) If you are an IT developer, then there is no doubt that you can earn better. But while working in the company, I had realized that the time of arrival of a person is fixed but when he will leave depends on the work going on.
2) You are not free even though you are free while working in the company. If you want to go home, you have to give an application 1 week in advance. You can go today but only when the leave is approved. It is not that after getting permission to leave after so much effort, your salary will not be deducted. It will definitely be deducted.
3) Coding is definitely a very stressful job. I felt so. Because a small letter mistake can keep you stuck for hours.
Keeping the above mentioned things in mind, I turned to the market. Because whatever information we had gathered, it is told that there is money here and it is definitely a stressful job but there is no time restriction.
The biggest problem I had with the IT profession was the time restriction. At that time, I had this thought in my mind that if I have to work hard, then I will do it there and here too. If there was stress there, then I will bear it here too. The biggest thing is that the problem of time will be solved with the old profession.
Because of the above reasons, I started taking interest in the market. There is risk in the market and when I gathered information related to it, then according to that, I understood one thing that the field we are choosing, it is necessary to have the support of some other work with us. Because there is risk here and the loss that occurs in the initial period can be compensated with back support.
After entering the market, I have realized the following things.
1) It is a system of discipline and psychology. If we are short term traders, then the price does not depend on the profit of the company but on the moment being created for that stock at that time.
For example:
If the news comes that the government is considering giving a project to a stock, then you will see that its price increases. Whereas if we look at the reality, the government has not yet given it a project. The company has not got any benefit from that project at present. But the price has increased.
2) The market is not at all like what is shown in the ads run by the broker that you invest money and returns start coming.
3) The market is not so easy that you can make profit by spending only 5-10 minutes. And it is not so difficult that if you give time, it cannot be understood.
Based on personal changes, I feel that other people may also have some similar reason to turn to the market. Yes, if you are getting attracted towards the market then you must know some things.
1) Do not come with the dream of earning huge profits. If someone says this to you, then he is saying this only to tempt you and to fulfill his personal interest.
2) In the initial period, keep an alternate source of income apart from the market and in the initial stage, instead of earning from the market, focus more on learning and understanding it.
Hope the post will be useful for you.
Thank you
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