About me...

I was born in Mumbai, brought up in Nasik. I hold B.E in computer science. Started trading since age 16, been passionate about it since then. I started well but lost all I made and more in May 2006 crash. I learnt a few lessons the hard way. Good thing about it was that I had nothing to lose in 2008. I have been making small comebacks every now and then. I completed B.E in 2010 and took up a job Mumbai as a software developer. Software development does interest me but trading amuses me no end. If I don’t make it as a trader then I would like to be in IT industry.

 I have been into software development since 3 years now. I have quit my job now to chase my dreams. I will try and make a living out of trading. There were many choices to choose a career path. But only three of them made it to my list:

1.       Trading

2.       Higher studies (Masters)

3.       Continue as a software developer

I gave all of them a good thought. Trading is what I love to do. Higher studies option was easy to get rid of. Because I believe degree is just a piece of paper. Education is not knowledge. He who wants to learn will learn anyways, colleges are not required for someone who is determined to learn. Also, things which I want to learn will not be taught anywhere. Also it will take 2 years. These two years are very important for my life, can’t waste it on education. Other option was to continue as software professional. I like it but I like trading even more. So I have taken a bold decision to risk all I made in last three years. I have no debt now. I have paid my education loan and I don’t owe money to anybody now. I am undercapitalized, but then I can leverage my cash. Also, I will be trading intraday so I will have enough to pay the margins. This doesn’t mean that I will be ruthless and be stupid to put it all on line for every trade. My past experience helps here; I have done the Math and won’t risk more than 1.5% of my capital on any single trade.

No one seems to support this decision of mine. But it’s my decision and I will stand by it. Family and few close friends oppose this decision calling me a gambler. I do understand that I have been there before and lost everything I had on two occasions. But I have put in efforts this time and have learnt lessons the hard way. And I want to give myself a chance to try again. There is a lot of risk involved and I know it. If I don’t take the risk now then I won’t be able to make it at a later point. I am 25 and don’t have any responsibilities as of yet. As I grow older responsibilities will come in and then I won’t be able to risk it. Also trading requires full time commitment so can’t do anything else along with it to have a steady income. That’s a part of risk I need to take and I will take it. It’s all about probability and I am not sure if I will make it. Chances of me making it I feel are 55%. Let’s see how things pan out. Decision remains and I will risk it all.