Post
Β· Views 188
#BeginnerTalk# My first practical experience , when i began my trading journey , i made it with equity stocks. The very first day when my account was verified and i funded and ready for trade. I started day trading and on very first day i learned a lesson for the life time. I made INR 500 profit. I was happy but it took more then 8 trades , so my total trades of buy and sell came upto 16 transactions and each transaction got a fixed cost of INR 80 each buy and sell. So i totally paid 80*16= 1280. So my 500 profit was deducted from 1280 and 780 i had to pay additional for brokerage and other charges. Bottom line , while trading remember the charges , brokerages because each transaction carry a fixed cost , whether you are in profit or loss , you have to bear the fixed cost. Many successful traders do consider this thing who are long term. πŸ€‘πŸ€‘πŸ€‘πŸ‘ŒπŸ‘ŒπŸ‘Œ

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

avatar

Hot

No comment on record. Start new comment.