Absolutely yes if you invest in stocks it is profitable sometimes and sometimes not. As we all know that business is the name of taking risks so you have to take a risk in investing your money into the stock trade market.
For all the newcomers I must say that you first understand the market and before moving to day trading learn paper trading practice because day trading is very risky for newcomers.
How much profit the trader can make in a month?
If traders follow a simple strategy called “Take small profits and do multiple trades” which is explained in the following subsection then the trader can easily earn Rs 1000 To Rs 2000 per day.
Take small profits and do multiple trades
It is a very successful strategy take small profits and do multiple trades. Actually, it has been observed that traders lose money due to lack of knowledge so you must have knowledge of it otherwise your money could get waste. So, suppose if the day trader’s buying price is at Rs.300 per share then he waits for the price to go till Rs.304 or Rs.305 and then he will plan to book profit, which is highly impossible on a very frequent basis in a single trade.
Try to concentrate on just small profits and do multiple trades instead of doing wait for profit getting higher in just single trade.
Assume if broker purchased Buy Tata engines at Rs.320, amount - 500
All out cost will move toward becoming Rs.320 x 500 = Rs. 160000.
So, on the off chance that you have Rs.40, 000 in your exchanging account you can do day exchanging utilizing edge sum from an intermediary. Edge sum is a sum given by your dealer for day exchanging. This sum shifts from intermediary to an agent yet it is commonly 4 to multiple times and it is additionally founded on the stock you decide for exchanging.
Presently you sold Tata engines at Rs.321.5, Qty - 500. Here you can see the merchant took benefit of Rs 1.5.
The aggregate sum comes to Rs 321.5 x 500 = 160750.
Your gross benefit is Rs 750 (Rs 1.5 x 500).
We should perceive how to compute business and assessments: -
The administration expense is of 15% just on the financier.
- The STT (Security Transaction Tax) is 0.025% just selling sum.
- The stamp obligation on complete turnover for multi-day which is 0.002%.
- lastly SEBI Turnover charge - 0.0002% on turnover
Try not to stress all these duties will mean an extremely limited quantity by the day's end contrasted with your benefits in thousands. Presently we should perceive how to take little benefit which will mean enormous sum by the day's end or by month by doing numerous exchanges.
Is stock trading profitable or not?
Absolutely yes if you invest in stocks it is profitable sometimes and sometimes not. As we all know that business is the name of taking risks so you have to take a risk in investing your money into the stock trade market.
For all the newcomers I must say that you first understand the market and before moving to day trading learn paper trading practice because day trading is very risky for newcomers.
How much profit the trader can make in a month?
If traders follow a simple strategy called “Take small profits and do multiple trades” which is explained in the following subsection then the trader can easily earn Rs 1000 To Rs 2000 per day.
Take small profits and do multiple trades
It is a very successful strategy take small profits and do multiple trades. Actually, it has been observed that traders lose money due to lack of knowledge so you must have knowledge of it otherwise your money could get waste. So, suppose if the day trader’s buying price is at Rs.300 per share then he waits for the price to go till Rs.304 or Rs.305 and then he will plan to book profit, which is highly impossible on a very frequent basis in a single trade.
Try to concentrate on just small profits and do multiple trades instead of doing wait for profit getting higher in just single trade.
Assume if broker purchased Buy Tata engines at Rs.320, amount - 500
All out cost will move toward becoming Rs.320 x 500 = Rs. 160000.
So, on the off chance that you have Rs.40, 000 in your exchanging account you can do day exchanging utilizing edge sum from an intermediary. Edge sum is a sum given by your dealer for day exchanging. This sum shifts from intermediary to an agent yet it is commonly 4 to multiple times and it is additionally founded on the stock you decide for exchanging.
Presently you sold Tata engines at Rs.321.5, Qty - 500. Here you can see the merchant took benefit of Rs 1.5.
The aggregate sum comes to Rs 321.5 x 500 = 160750.
Your gross benefit is Rs 750 (Rs 1.5 x 500).
We should perceive how to compute business and assessments: -
The administration expense is of 15% just on the financier.
- The STT (Security Transaction Tax) is 0.025% just selling sum.
- The stamp obligation on complete turnover for multi-day which is 0.002%.
- lastly SEBI Turnover charge - 0.0002% on turnover
Try not to stress all these duties will mean an extremely limited quantity by the day's end contrasted with your benefits in thousands. Presently we should perceive how to take little benefit which will mean enormous sum by the day's end or by month by doing numerous exchanges.
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