Traders!!! Time to learn to trade to a plan. $10 or $50 is enough to start in the CSE too.

If you are a Forex Trader the first thing you must know is that you are trading on other people's money and not yours.  But is that what you know?
In forex you are told to deposit $50 and trade OR in options you know that with $10 you can start trading. Some say they love you so much that they will give you a bonus of $1 for every $1 you deposit. See how these foreigners love us.
But in real effect what happens is that your $50 or $10 is leveraged 1:400 or 1:500 times. As you know or may not know what does that mean, it is like this. Say you deposit $50 for a 400:1 leverage, it means that you are given a loan of 400x50 = $20,000. So you have to learn to protect your $50 and avoid getting forced sold.  So you learn and learn, talk to forex traders in chat groups, learn their strategies, get coached, do demo trading, and finally as soon as possible you put your $50 and start trading a real account. Opening a real account also has a process, unlike the demo account. For the demo account you need only a few minutes, but a real account need more documentation, and verification to happen before the account is opened. Once done you deposit $50. In rupee terms it is 50x155 = Rs. 7750.00. But that is an amount that you may lose as it is very difficult to protect that kind of money in the forex market. Then what happens you may burn that and tell your self that you learnt from your mistakes and put another $50, and another , and another etc etc. Then you are told that $50 is very small, and you need to put a large amount. So as you think you can make money because many are earning you put more. The more you put the more tensed you are, as such your trading is tensed. It is not a wonderful experience when you are tensed and stressed. Are you one of them? IF you are like that don't feel sorry, there are many like you BUT they don't tell you. Why are you just allowing your money to be burnt?

In the CSE your Rs.7750 is enough to start. The good news is that your money is not added with  a loan to buy. In Forex what ever you buy or short is added with the loan part. Even if you buy for $2 with your $50, that $2 is leveraged @ 400:1 or what ever the leverage is. In the CSE it is not like that. The money you have deposited belongs to you. The weakness amongst the traders in the CSE is that they want either the same busyness of volatility to happen like in the forex or other stock markets. As it is not busy and active like those markets, the traders think that you can't make money by applying the tricks you do in the Forex markets. Don't be fooled, the good news is that you can apply the same rules and strategies in the CSE. Other issue is the stop loss. Since it has to be put manually many do not bother doing that. That is the biggest mistake. The trick in the CSE is the position size. As the market is not as liquid, you need to know the number of shares you buy. Since you can buy from 1 share to millions of shares, you have the freedom to decide how much you want to buy. Remember the lot size you put in forex, do the same thing here.

In order to make it easier I have listed out some trade ideas in the link below. Let's track them and see whether it works in the CSE or not.

https://docs.google.com/spreadsheets/d/1YDdK1JHGGSc8i52P21vCK8MNto2-Y0H4l53PLE_ms04/edit#gid=1284556771