Stock Trading is an alluring activity. Online stock trading attracts daily more and more people who are eager to make money. The news, stories, articles on stock trading makes new comers believe that online stock trading is a way to make easy money and that too quickly. Which is not the reality. Stock market trading is a double edged sword. You can make money and lose money. You will not find news, stories or articles on how people have lost money. That is because nobody would like himself to be portrayed as a failure and that too in stock trading. Stock trading can give you handsome returns. Trading in stocks, option trading and futures trading are not easy but hard work. It calls for discipline, an attitude to win, a plan for trading and a plan to manage your money. More than anything you should not be greedy. You should learn how to look at stock trading like any other business. Today everyone stock trader trades using online stock trading systems. One of the trading tactics is to do stock trading as you would carry out any other business. Analyse, find out the chances of profit, be aware of the loss and fix a stop loss to exit in a losing trade. You can also find a lot of trading software on the internet. Some are freely downloadable and some are priced stock trading software. There are different types of traders. Some are investors, some do day trading and other do stock options trading and stock futures trading. There are also a few who do penny stock trading.
I have started stock trading as a business with a small capital of Rs.50,000/- .
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