He left the bank job because he wanted to travel a lot.
Work was good but left as there was no time for anything. The turning point came when he was involved in Forex (FX) trading as a banker. Stock market analysis was done there, which brought me closer to the market. But becoming a full-time trader was not easy, she says.
After resigning, Rajarshitha joined a corporate firm as a proprietary equity trader for three years. After learning more, he started trading independently. He was confident and ready to take risks. Learned more about the technical aspects.
Rajarshitha has been trading himself for eight years now. Many are taught trading.
But they themselves will say that this is not a suitable field to make a profession. Because the trader must have a lot of fortitude and the strength to bear losses. Rajarshitha faced the biggest loss when he dabbled in options trading. The loss in a single trading was two lakh rupees.
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According to Rajarshitha, one can try ETFs initially if one wants to be a part of the market without in-depth knowledge of the stock market. Only by studying well can you be a part of the market.
How will the profits be used?
Up to 20 percent of the profit from trading will be spent on travel. The rest is invested in ETFs, gold coins, sovereign gold bonds, blue-chip companies, mid-cap stocks, etc. 60 percent of stock investment is in bluechip companies.