What is online trading and how you can make money out of it.
by Rosy Thomas Investment Advisor
is online trading?
trading is a method of trading securities such as stocks and bonds, foreign
exchange or financial derivatives electronically. It is also known as
electronic trading or e-trading. The
overall responsibility of development, regulation and supervision of the stock
trading in India rests with the Securities & Exchange Board of India
(SEBI), which was formed in 1992 as an independent authority.
not to do in online trading?
Beginners and Advanced Traders alike all want
to know how to make money in the stock market. However, the most crucial thing
in online trading is not how to
make money but how NOT to lose money. This is the true secret to consistent
success. Do not assume stock market trading to be a game. It is not a casino. Distractions
cause mistakes, and mistakes cause trading and investing losses. Do not forget
to monitor the share markets daily.
DO NOT go out and immediately buy a stock
just after you’ve heard it from someone or seen it on the news. There is a
possibility the stock has already been moving up for some time and is a much
higher risk entry. Remember the old adage, buy low and sell high.
to do to make money through online trading?
1 - Education is the key to success. Most people who lose money in
the stock market didn’t learn how to trade stocks before they started buying
stocks. So, educate yourself regarding online stock trading and online share
2 - Subscribe to a stock-trading magazine or follow blogs and
research current trends from a reputable source.
3 - Practice trading on virtual trading platforms with virtual money
before you put real money in to get a hang of it first without having to deal
with the stress of mistakes. You do this using a simulator trading platform,
which is a simulation of trades, after you have completed your stock market
- Create an online
trading account with one or more trading website and
consider investing in mutual funds.
In this way, you can make a good income through
online stock trading, however, you must have the knowledge, skills, tools, and
experience before you ever trade live in the stock market. Experience is the
final part of successful trading. You must hone your skills you have acquired
by practicing what you have learned to make the best out of online trading.
Created on Sep 25th 2017 09:48. Viewed 688 times.