If it is really possible to make good money form trading in equity market what are the steps a beginer should take .....
2007-02-21 15:49:02 · 5 answers · asked by ADVAIT CHHATRE 1 in Business & Finance ➔ Investing
Sure it is possible, but remember that 95% of people fail at trading. Trading sounds great cause it has such lower barriers to entry, anyone can open a brokerage account, but in reality this is an extremely competitive and tough business to make money in, you are competing against professionals who've been doing this for years, even decades so don't assume this is easy money!
2007-02-21 23:24:28 · answer #1 · answered by Alex 4 · 1⤊ 0⤋
Yes, but you need a pretty good amount of money to start. If you are good enough to make 3% a month, you need an account of $100,000 to earn $3,000 per month.
You need to study and learn and pick an investment strategy that works for you. There is a lot of math involved to learn a good trading strategy.
Visit my blog below and visit the blog roll to get some different ideas on investing.
2007-02-21 15:59:16 · answer #2 · answered by Tim P 2 · 0⤊ 1⤋
you will no longer be able to commerce gold in fairness industry in a similar fashion you're able to do in commodity industry. despite the fact that, there are some Gold replace Traded Fund (ETF), so which you are able to purchase and sell on fairness markets. you are able to inquire approximately them including your broking provider.
2016-10-16 05:30:13 · answer #3 · answered by tonini 4 · 0⤊ 0⤋
Open a brokerage account at Scottrade.
2007-02-21 17:22:54 · answer #4 · answered by Anonymous · 0⤊ 2⤋
y with charts
more on my blog
2007-02-21 23:20:07 · answer #5 · answered by dinu_pawar 5 · 0⤊ 0⤋