While most Indians would associate the stock market with gambling and a casino, we needed someone to bust the most common myths surrounding the share market. 

To date, Trading Cafe India has trained a massive bunch of successful traders. They helped kickstart the journey for many Indians in the stock market. But how is TCI different from all other stock market training courses? TREDCODE is the answer! TCI has developed a customized and proprietary stock scanner called Tredcode that gives them and their students a profitable edge in trading.

Trading Cafe India, one of the country’s best stock market training communities, gives Indians the reality-check about trading in the share market.

TCI is a community of consistent and profitable traders who make money out of the stock market by applying calculated risk and reward methodologies thereby defying the idea of ‘gambling’.

Here are the top three myths of Share Market busted by pro-mentors at Trading Cafe India 

• Stock Market is gambling and all retail traders lose money

According to Trading Cafe India, the stock market is a gamble for those who participate in it without the right knowledge. “It is not a get rich quick scheme. If you treat the market like a casino, you’ll lose all your money” TCI says. 

The head trader of TCI prop desk Chinmay Dudhane is a living example of a person who not only makes money consistently from the market, but also shares his valuable knowledge with others. “Calculated risk taking and being disciplined” is what separates good retail traders from gamblers in the stock market.

While it is true that most retail traders blow their trading accounts, it only happens because they did not have any strategy and lacked the psychology of a trader. Head Trader Chinmay Dudhane  at Trading Cafe India is actively helping Indians by training them in price action analysis, sectoral analysis, options & future trading, and risk management skills for free on the official TCI YouTube channel TRADING CAFE INDIA.

• Trading does not make money, one should invest for the long term

 History has shown examples of great personalities who made wealth by trading for short term in the markets as well as those who amassed wealth over time by investing. “There is no one size that fits all,” Trading Cafe India mentor Chinmay Dudhane explains. Someone might be a great trader, while another person might find his edge in investing over the longer term.

At TCI, trading is given the higher priority. It is an ideal place for new and experienced traders alike. On the official Trading Cafe India Instagram account, the pro-mentors share stock analysis and intra-day trade results on an everyday basis that have a 75%+ hit-rate. This is a strong myth buster that trading does not make money.

• Stock market is a get rich quick scheme

This is far from the truth. There is no easy money in the stock market. In case you think it is, the story of Trading Cafe India’s co-founder is a must read

Chinmay Dudhane reveals that he became a consistently profitable trader after 3 years of experience. Hence, getting rich quickly cost him three years of life. 

“Since 2008, I have tried to feel the market’s tune with every passing day and finally became consistently profitable after 3 years of rigorous study that refined my strategies. Even financial losses did not deter me. I took up a job to cover up the financial losses that was creating family pressure, determined to hone my passion of trading,” he explains.

Trading Cafe India’s official website has a lot more interesting blogs and articles about the stock market that can help you navigate your way around this financial jungle.