Finance ,Insurance, loan ,Stock & Crypto
Can We Earn Regular Income from Share Market?
Well, many of you ask the question whether we can earn regular income from trading and if you are doing a job and you think in today's date that I will make my passive income and make my side income. If I start trading, you must have heard a lot of people that we have earned twenty lakh rupees from trading or we earned ten lakh or five lakh, Is it possible to earn that much money? Does everyone earn or does everyone lose too? There may be many questions in your mind, so I will try to answer step by step. The important questions which are in your mind and which you are asking regularly. Today we are talking about trading now. There must be a question in the mind of many people that what is this trading and it is very popular now a days that we are earning money by trading and we have earned money by trading and what is this trading.
First of all, you have to understand that trading has a very simple meaning, Buying and selling, but in today's date you have many markets like you have the option of share market and you can trade in share market and you must have heard in share market about People that people are trading the in the stock market that they are doing intraday and they are trading in futures and they are doing options trading. Now, what is this? you know that when we trade in the share market then it is considered in the share market and apart from this, whatever you trade, you trade in Commodities and when we talk about commodity trading then Copper, gold and silver and crude oil comes in it and when you trade in the Commodities then buying and selling goes on but in fact when we were talking about options trading and futures then you got leverage then suppose you have 10000 but you can trade for 50000 and one lakh and more than it, then this happens in Commodity trading.
Now people are trading thirdly in the Forex, now Forex trading is like currency trading and you trade currency, see everything is being bought and sold. But in that, when you are involved and when you are buying and selling, then you are getting the leverage and when you are getting the leverage, Then you can take advantage of leverage and increase the profits, but the more leverage you get, the risk will be higher, so you already know it and in fact, people are also doing trading in cryptocurrency, so now you know crypto trading that crypto is too much volatile and it stays up and down and in today's date people have got multiple options in it and they can also do leverage trading then people are trading in front of you in the market, but let me tell you one thing that everyone does not earn money and if you want to trade then you should have the knowledge and what knowledge do you need? I'll say a big term, those words are small but they are very big in their world and that is Technical Analysis, now why it is too big because there is so much to learn in it, you have to learn price action and you must know about indicators and you must be aware of it.
You should know about Candlesticks Patterns and then you need experience after learning all the things, because learning is one thing and applying it is one thing and getting training is one thing and trading in real-time is another thing. So when we are talking about that you can earn money from trading, is it possible to make income continuously. It is possible for those people who have the knowledge and who want to give time for knowledge, and if you don't know then you have to firstly focus on the thing that you have to bring knowledge and if you don't have the knowledge and you say that there is not much time, is there still an option?
Another term is becoming popular in today's date, which we call copy trading. Now what is this copy trading, when we are talking about trading, then it is also necessary to explain it, then copy trading means that you do not know to trade very well, and you are new but you can copy someone else and Whom we are copying now, we call him master. Here you are copying the master and now why should the master tell you what they are trading and what is the use for you to copy them, I'll tell you this too. Look, the accuracy of the master is high and they know. Now because they are performing well and they are bringing good returns, then they will make your profit and in return masters charge the commission, and that commission can be anything from 0 to 30%, then they charge, in today's date there are many platforms on the thing we were talking about that is you can do copy trading.
But will trading will generate regular income and that is the more important question then see many people are making a lot of money from trading and people trade regularly in the share market and when you see the market open Monday to Friday then you can that price the share is going up and down then who is taking them, then buyers and sellers are doing this and buyers and sellers involved in this work. You will see a person who is giving his time and attention in the share market, then Warren Buffett says a very good thing that a person who has patience will earn money from the share market. But the one who does not have patience and who is less patient will lose the money. And the patient will be that person who knows what is going on and who does not know what is going on. He will feel that the money increased, very good and if drowning. then he will be psychologically imbalanced and secondly, he is going to lose his money 100% if he doesn't know that What he is doing that it will be called gambling, so there isn't much difference between trading and gambling and the person who have the knowledge and who is trading on knowledge then he is trading and who is do not know that what he is doing then he is gambling, so what do you want to do, if you want to earn money by trading or you want to only gamble.
if you want to earn money by trading then you have to increase your knowledge and if you are ready for that then See there are a lot of way from which we can trained our self for the financial education and in fact, you will be able to increase the accuracy of trading and your all basic concepts will be clear and that should be our main focus.
Amit Sharma
Writer