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#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

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