Surgeons can’t treat a person without ICU. Virat can’t practice in a gully cricket for professional tournaments.Studios and theater are needed for artists to perform.Gopichand sir’s Academy was needed for Sanina Nehwal and P V Sindhu. It is for sure that every top level performer need certain type of environment to excel/practice to maintain and improve their form.
What about Trading?
Open your laptop/desktop.Transfer Funds.Call the broker/friend; discuss “market kya lagta hai”, take the hot tip and start trading. Thanks to the social media and various initiatives that we have been able to change this mindset among people.
Begin professionalization of your trading environment.
Recently we have seen various initiatives by fellow market participants starting co-working spaces for traders only in various cities – Mumbai,Pune,Bangalore,Kolkata. I am really glad market participants are really thinking about it.
The question arises why should i pay for co-working space for trading – for free fast internet and couple of coffee/tea….. No way.Wait till you have conversation with the users.I recently had a chat with couple of such users,some of the benefits they shared are really small but adds a lot of value.
- I reach before market opens and see market opening, which wasn’t possible at home.
- My set-up is on,my home-work is done and i am ready with my trade locations and execution plan.
- While trading there’s peace of mind – No disturbance from outside environment.Trading from his own office wasn’t productive due to visitors.
- One professional player meets another one – 1 aur 1 = 11 hote hain. Professionals share psychology and what not to do.To me that is one of the biggest take away in trading and exploring new methods,which google can’t tell you ever.
- Other facilities are always an add-on. Software lab, Library, Group meet, professional coaches, last but not the least- chai-naasta.
Trading is a lonely profession.Even if you avail the environment, profit is not guaranteed.However the professionalization of your trading career begins there.
If you’re looking out for such places, here’s a small list in different cities-
Pune – Traders nest by Definedge team.(TN)
Bangalore – Traderscafe by Marketcalls team.(TC)
Kolkata – Stockden by Kredent team.(SD)
Explore them, take benefit if it suits you.(There are many such initiatives in and around your city, the list is not a complete list).
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