Dr. Narayan Krishnaswamy

Unknowingly, Indian investors have always been fighting a depreciating Rupee. No one gives it a real thought. Indian equities haven’t given any return in almost 18 months. Rather it’s down 8%. Had your money just been parked in USD, it would have been up 10%. FII’s have a choice. Their accelerated selling surely has a lot to do with the depreciating Rupee too. Falling Rupee needs a fix.

10 years in the markets. Lots of trades. Tons of mistakes. 10 major mistakes & lessons in last 10 years of Trading A thread🧵

₹100 Crore Roadmap by Raamdeo Agarwal.

IS IT WORTH QUITTING YOUR JOB FOR TRADING? Most people look at trading the wrong way. They compare absolute income, not the risk-adjusted return behind that income. Let’s say someone has ₹50 lakh capital. At 20%, they make ₹10 lakh a year. Sounds decent on the surface. But that ₹10 lakh is not safe money. it comes with significant volatility, drawdowns, and uncertainty. Now compare that with a job paying ₹6 lakh per annum (or ₹50k/month). That income is predictable, stable, and comes with structure. So when someone says, “I’m making more money from trading, so I can quit my job,” they’re missing the bigger picture. They’re: 1. Giving up certainty for uncertainty 2. Entering a field where only a small percentage actually succeed 3. Moving into a lonely, self-driven environment 4. Taking on disproportionate risk for marginal gains The incremental gain from active trading is small, but the incremental risk is massive. That’s the asymmetry most people ignore. So when does it actually make sense to go full-time? Only when: 1. Your capital is large enough, and Even conservative returns (say 15–20%) generate 3-4X of your current income. Also, in today’s world, a lot of trading can be systematised and automated. You don’t need to sit in front of screens all day to generate returns. So quitting a stable job just to actively trade for slightly higher income doesn’t make much sense anymore. Financially, it’s a poor trade. The only valid reasons to still choose it are non-financial: 1. Freedom of time 2. Independence 3. Better worklife balance alignment But purely from a risk vs reward perspective, going full-time into trading only makes sense when the math is overwhelmingly in your favor not when it’s just comparable.

His name is Nithin Kamath. He built Zerodha from scratch. No investors. No outside funding. No startup hype. Today it is India’s largest stock brokerage firm with over 1 crore active clients. In January 2024 he had a stroke. He was 44 years old. Fit. Exercised daily. Watched his diet. Still it happened. His father had just died. He was not sleeping. He was overworking. He was dehydrated. He woke up one day and could not read. Could not write. His face was drooping. He thought it was over. In the first month he considered retiring permanently. Instead he got on a treadmill in week two. He came back to work in two months. 14 months later he posted an update. Body almost back to normal. Mind at 85 percent. Speech still 85 percent. Writing still slow. The doctor told him one thing. You need to know when to shift gears down a bit. Most men reading this are running at full throttle right now. Your body keeps score even when your mind ignores it.

Trading is a wild fucking game. You’re permanently stressed and strangely addicted at the same time. It takes your time, your energy, and most of your mental peace and promises nothing in return. You chase setups that look perfect… until they fail the moment you enter. There’s no certainty. No guarantee. Some days you feel like you’ve finally figured it out. Other days the market humbles you like you know absolutely nothing. There’s no applause. No one handing you a medal for discipline. Just charts, losses, wins, and your own mind fighting you every day. But that’s the game. And if you survive long enough… it slowly turns you into someone who can actually handle it.