There are many ways for earning in different money markets but not all of them are working. Almost majority of the traders or investors get exhaust and ends their strategy with loss. The main reason is because they have not chosen the right earning path.
In this post I will discuss about one of the best markets where you can earn handsome amount on monthly basis. You must have heard about #Stock market and many of you guys are involved in trading and investing.
๐ช๐๐ฌ ๐๐๐๐๐ก๐ก๐๐ฅ๐ฆ ๐ฆ๐๐ข๐จ๐๐ ๐ฆ๐ง๐๐ฅ๐ง ๐ช๐๐ง๐ ๐ฆ๐ง๐ข๐๐ ๐ ๐๐ฅ๐๐๐ง ๐ง๐ฅ๐๐๐๐ก๐
One thing I must clarify that investment and trading is two different things. Investment is for the long term holding whereas trading is to start and close your trade in the same day. The good thing about trading at the same day is that you will stay less in the market.
If I talk about trading I will surely chose #Stock market because its one of the safest financial markets. Its not like crypto market which is extremely volatile, meaning high volatility is involved. This market is only good for the traders who are have good expertise in trading. they know well about trading rules and they can manage their risk here.
But for those traders who are in beginner mode I prefer them to join stock market for trading. They can handle their risk to reward ratio and in a single day there is an upper or lower lock feature which means you can only get 7.5% profit or loss in the same day. As the share reaches the 7.5% mark the trading will be freeze in that share.
๐ช๐๐ฌ ๐๐๐ฉ๐๐๐๐ก๐ ๐ฆ๐๐๐ฅ๐๐ฆ ๐๐ฅ๐ ๐๐๐ฆ๐ง ๐๐ข๐ฅ ๐ง๐ฅ๐๐๐๐ก๐
Now the main question is how can we trade in stock market and what shares to select. First of all you must find 10 dividend shares with having high volume and also it pays good dividend on quarterly basis. Not all of them pays dividend in quarterly basis but if it pays biannual still its good.
Lets say I choose EFERT, OGDC, PPL, KAPCO, HUBCO and other shares for trading. These all are dividend shares and majority of them pays quarterly. What I actually mean is to not invest for to get dividends but the main purpose of selecting these coins are to trade in them.
Why I chose dividend shares? The main reason is because they have more price movements during the X dates and that are the times to execute your trades. During these times you will see more price fluctuations and thats the best time for trading.
At the very first step, you have chosen 10 dividend shares. You have to watch them regularly, All those shares whose X date is closer invest in them with only 10% of your amount. Mostly those shares near to X date will rise in price and it moves by 3-5% easily. When you see the price moved by atleast 3% start booking your profits.
But not every time the shares follow the process. Sometimes the price doesnot move when the X date is announced. At times like this you will hold that 10% of your amount in that share and will move on towards the other one.
Keep on investing 10% of the amount whenever any share announces the X date. This will give you good profit from trading. Also when you are stuck in any share try to rotate that one to another so that to get out of loss. This is the simple process for trading in dividend shares.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
TWITTER TELEGRAM HIVE WHATSAPP DISCORD
IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
Source
