Good day, everyone! I've been trading in the stock market for a year now. In this blog, I'll discuss my trading experience, what I learned from it, and why we should start investing in it. Before starting talking about my journey let us first understand what stock market is. The stock market is a marketplace where shares of publicly traded corporations are bought and sold. The primary market is where corporations generate cash by selling shares to the general public in an initial public offering (IPO).
I used to apply for an ipo before I started investing in the secondary market. When a close friend informed me that he had made a good sum of money by investing in stocks, I became intrigued by this sector. He also advised me to begin trading. After doing some study on the stock market, I created an account and began trading. It was a bullish market at that time, so I made some money and felt it was easy to make money, but after a while, when the bearish market arrived, I had to suffer a significant loss, and that's when I realized it wasn't so easy to make money.
As I've learned from the stock market, trading is a probability game rather than a prediction game. It needs patience to succeed, and we must be patient when trading as well as in our everyday lives. Investing also helps us to have a better understanding of money. Understanding how the bond, currency, and commodity markets operate, as well as what drives them and how they're linked, will help you make better financial decisions. Because of the market's unpredictable character, you should always study, research, and keep up with it. It helps you to make excellent judgments since you have to decide which stocks to buy and sell on your own.
There are a variety of reasons why we should begin investing. I'll simply mention a handful.
1) A legitimate second source of income
Investing in stocks is a terrific way to enhance your income. You can keep working in your current job while trading online at your leisure. This extra revenue might aid you in achieving your materialistic goals.
2) Qualification isn't required.
Formal education is required for many occupations. To get into the stock market, you don't need any specific training; all you need is an affinity for it. You may learn how to buy stocks online quickly, as well as the best stocks to buy and the fundamentals of the stock market. Websites for trade.
3) Options are numerous.
There isn't a single market or trade that restricts you. You can look into the stock market pool. The possibilities are unlimited with forex trading, options, futures trading, derivatives, stock shares, bitcoins, and so on. You are not obligated to choose anything you dislike.
4) There's no need to leave the house. Sit in one spot and trade.
You can trade online while sitting in your pyjamas, enjoying your favorite beverage. You may trade whenever you want online. All you need is a laptop and a stable internet connection (or a computer). You may even trade while on the go if you have a smartphone and the finest trading app.
Co-founder and Backend developer of 101 INFOTECH.
