The art of making money trading daily is called Madness and people ‘often’ get fooled by this randomness and the notion that it is very easy to make money trading in the market daily.
Every investor wants to make money in stocks, irrespective of the level of experience. It is easy to fall for the temptation, but one needs to have a good strategy in place to be able to protect one’s money and make handsome returns. How can one make a decent income intraday trading? Is one of the mysterious questions one can never answer with the utmost contentment of the inquisitor! However, as you see, I have highlighted the word OFTEN; so it doesn’t mean that Intraday Trading (daily trading) is a complete failure; but there is no shortcut to success.
Earn Money In The Share Market Daily
Investing in the stock market can be a great way to have your money make money, particularly in today’s economic climate where savings accounts and long-term bank notes do not offer significant returns. Stock trading is not a risk-free activity, and some losses are inevitable. However, with substantial research and investments in the right companies, stock trading can potentially be very profitable.
Some of the ways that we are very well aware of To earn money are as follows:
- Trusting your broker blindly
- Trusting your broker wisely
- High Frequency Trading using Algorithms
- Low Frequency Trading using Algorithms
- Research/Annual Reports
- Reading Newspapers, watching news channels and wasting your time
- Tape reading/ watching price action.
Do your homework
“If you do not study any company, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards,” said Peter Lynch, a globally-renowned fund manager.
Lynch says you should just put resources into what you know and set aside the effort to find out about what you don’t.
Invest with a disciplined approach
It is always prudent to invest systematically and with patience in the right shares or funds. As the stock market is always volatile, an investor should be ready to absorb calculated risk and decide a necessary course of action like hedging against underlying stocks.
Invest only surplus funds
A speculator should just contribute surplus assets, or cash s/he doesn’t require in the short to medium term, in stocks. Since the value advertise is unpredictable, there is dependably a danger of transitory misfortune/drawdown.
In the expressions of Sir John Templeton, the worldwide market master, the four most hazardous words in contributing are: “This time it’s extraordinary.”
The financial exchange moves in cycles, and it requires area ability and right personality to how a trend changes
How to earn money from stocks?
The ways referenced above can persuade you to begin putting resources into stocks. In any case, the force of the market can be befuddling on occasion, without giving any extension for significant procedure.
Like in the current scenario, the equity benchmark Sensex is hovering around its lifetime high, but most stocks are in the negative trajectory on a year-to-date basis.