I keep getting a lot of testimonials every week (I am unable to upload them all due to lack of time), but this is a special testimonial from one of my clients Girish (full name hidden due to privacy and on client’s request). He became my client in FY (2016-17). In FY (2016-17) his return was 33%, and in FY (2017-18) his return was 45%. The average comes to 2.75% per month in FY (2016-17) and improved to 3.75% per month in FY (2017-18). But more important than that he is making an average of Rs.25,000/- per week which is an average of Rs.1 Lakh a month. Too good Girish. Keep it up and thanks for the testimonial.
His email in the text (its copied and pasted from the email):
Dear Dilip Sir,
I have been your student for about 2 years. In the first year I had a 33% return and in the second year (FY 2017-18) I had a 45% return. The returns were achieved by primarily using your strategies. I tweaked them a bit though to adjust to my risk profile.
I started with Rs. 2 lacs, then as I got confidence I moved to 5 lacs, 10 lacs and finally 20 lacs. My average weekly earnings are about Rs 25,000/- There are times when it is higher (max weekly profit = 88000) and lower (max loss = 22,000). But 25000 per week is about the average. However, I do not play every week. Some weeks, when I expect some sudden movement, like budget week or election week I stay out of the market altogether.
All my moves are non-directional. I started with your conservative strategy 1, then moved it to bank-nifty. Then I used your bank-nifty strategy too.
I want to thank you for all this. I would like to retire from my job. But I am scared. What if next year I cannot repeat it, I think? I plan to try it for 3 more years. If it succeeds every year then maybe I will retire.
Thanks once again
Read the last paragraph. I quite like his approach not to retire now but after 3 years, that is 2021. I guess he is my age and will retire before 50 years and become a full-time trader.
Why I Liked His Plan to Retire After 3 Tears and Not Now?
This comes under financial management. Though he is making 1 lakh a month he still wants to take time to take a final decision, which I am sure he will do. This is very well planned.
Why This Comes Under Financial Management?
Can you notice he is not hurrying the process to retire even after seeing money? And hey this is not small money – it’s 1 lakh a month, still he needs time to decide. Compare this to a trader who makes money in the first trade and assumes he is a genius and doubles or triples his trade size in the next trade itself and losses double what he made in his first trade.
ANY FINANCIAL DECISION TAKEN IN A HURRY IS FINANCIAL SUICIDE. THINK AND ACT IN MATTERS OF FINANCE.
Even though Girish can retire today as he is making by trading more than 90% of Indians per month and more than 99.99% of traders per month still he plans to retire after 3 years. He is not in a hurry.
If you are losing money trading options or futures and trying to repeat the same thing again and again – you are simply not trading but gambling and taking financial decisions in a hurry that tomorrow I will recover all your losses. Even if you start making profits you cannot recover all your losses in one day. Give it time. But first, learn strategies that will make you a monthly income like Girish is doing.
Strong Disclaimer: Making 25k per week is very hard if not impossible in derivatives trading. Some people are exceptional and can become extraordinary traders. You may or may not be able to achieve this feat. Stock markets investments are subject to market risks. The full disclaimer is here.
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INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However, every trade depends on the trader and his level of risk-taking capability, knowledge and experience. Moreover, stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
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