Next, is defined, what is a monster stock?
Key learnings:
- A small account (< 100k) can only be grown via swing trading, and finding explosive stocks; rather than day trading and other totkas.
- High Risk; High Reward; High Loss Scenario
- Once, it grows to $100k (~ 83 Lakhs INR); things can be done.
The next goal will be to reach $500k from $100k, i.e. around 4 crores 15 lakh rupees. This amount (in US terms) would be good for sustaining a lifestyle via trading.