Is it Possible to make money from trading? This question is one of the most asked questions in the trading community. Every year, lakhs of people enter the stock market to make money, but in the end, they lose all their money and exit the market. But even after that, you see that every YouTuber is showing that they are still making money from stock trading. So let’s know the reality of stock market trading.
I hope that you will know about the recent SEBI data on traders. According to SEBI Data, 93% of individual traders are in loss in equity and F&O Trading. And if I talk honestly, this is true. Making money from the stock market, basically in the F&O trading segment, is not easy. If you enter the stock market to earn money, first you should learn about it deeply. Then invest your money.
Why Individual Traders are losing money?
Stock trading is one of the hardest things in the stock market. It seems that it is so easy, you just have to make an entry and an exit, and you earn money. But this is not the whole reality. It is just what you see. Behind that entry and exit, lots of research and study happen.
Have you ever researched? The stock trader you see that they are making a lot of money in minutes. They have not started for one or two months. They have been trading for the last four or five years, or maybe more. So I want to say that those who are making money from trading have years of experience in trading.
And the trader who are losing their money. The reason behind losing their money is many different factors. First of all, they just enter the market and start trading in futures & options. That is the most risky segment of the Stock market. They don’t focus on learning. They don’t try to research well, and many more things they don’t do what a profitable trader does.
They don’t have a proper setup to follow for at least six months. They try a new setup every day. They don’t follow their risk management, and they don’t have control over their emotions. There are many reasons such as that cause a reason to their losing money.
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How to Become a Profitable Trader?
Being a profitable trader is not a hard thing, but it is not so easy. The way of becoming a profitable trader is not a specific thing; by following one specific thing, you become a profitable trader. It is a long process, which comes from the experience and researching the market regularly.
If you want to become a profitable trader, you should keep some things in mind. First of all, you have full control over your emotions, and you will have to follow discipline strictly. These are your eternal things that you have to follow.
Apart from these things, you also have to follow the market trends, you have to learn candlestick patterns, and indicators. You have to make your own setup by following that you will take trade and entry and exit at the correct time. These are the basic things, by learning that you can enter to the market and start trading with one or two lots maximum. And with a max of two lots, you have to trade at least up to six months. Or if you don’t have money to trade in the real market, you should trade first in paper trading.
Paper trading is the most important thing for a beginner trader who is just entering the market and wants to learn trading. There is a best platform that allows its customers to paper trade for free in the real market. And also, you can backtest your strategy.
That platform is Dhan. Yes, Dhan option trading platform is one of the best platforms for traders. It offers lots of features that is the most important for a trader, such as fast execution, scalping mode, paper trading features, and many more. Currently, this is the best trading platform among the other platforms available in the market. You can create an account on this platform by using our Invite Link of Dhan.
Is it possible to make money from trading?
Now let’s clear your doubt. Most of beginner traders ask one common question. Is it possible to make money from trading? Its answer is yes. It is possible to make money from trading. But according to SEBI’s latest data, its success rate is only 7%. But 7% is not bad, when in most career option’s success rate is 2 or 3%.
So if you give your full dedication and do your hard work, then you can also become a profitable trader and make money from trading. But this is not as easy as just reading this article. When you enter in real market, you fail many times, also lose your money many times. But if you learn the stock market from basics to advanced and research well before taking trades, you will make money. But it will take time, maybe at least two or three years.
If you see any successful trader who is making money now. They have also invested at least three or four years of time in the stock market, and then they become a successful trader. So you have to give your dedication, time, and hard work to market, and then the market will give you money.
Conclusion
Hello, my dear readers, Today in this article, I have discussed the stock market trading. But it is not advice to trade. It is a financial risk, so trade in the stock market at your own risk. I have written this article based on my own experience. And it is not advice to trade.
She is a professional writer, SEO Specialist, and Editor. She has completed her MBA in Marketing and Finance and now working at StatusCheck.co.in as a senior writer and editor. She has more than ten years of experience in Personal Finance, Marketing, article writing, and Banking Serices. She is able to describe and teach deeply about Personal Finance, and Banking Services to our readers. So We hope you all enjoy her articles.