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ASK How to Make Money Trading Stocks Online?

Discussion in 'High Risk Investments' started by Hestia, May 4, 2014.

  1. Hestia

    Hestia Well-Known Member

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    I see many people bragging around they make money trading stocks online, I clearly remember one said he makes $2,000-$3,000 every single day. How is this possible and how can I start trading stocks too? How much money do I need?
    How to Make Money Trading Stocks Online.png
     
  2. Nocturnal Writer

    Nocturnal Writer Well-Known Member

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    As a beginner in online stock trading, it is suggested that you better try Forex Trading.

    There is a demo on how trading virtual money works and there are several types of accounts to choose from that suit to your need.

    Still uncertain on what to do, they have Nano account which is 100 times lower compared to normal accounts. In so doing, you may get used to strategies which give yo with minimal risk.
     
    2 people like this.
  3. Rayone

    Rayone Well-Known Member

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    I am into trading myself so I know it certainly can earn depending upon your risk taking capacity. But if you trade in the financial market in traditional buy sell method it will entirely depend on your investment but if you take expert help and have capacity to hold your investment you will certainly succeed.

    I would go for short term investment rather than investing in long-term plans which may or may not prove profitable in the end as you never know what looks good today will be as good tomorrow. In my views investment Forex is one of the best methods for making quick money, (or losing if you don not know when to click the right button).

    You know the Forex market in my views is your best bet with most liquid for quick earning with an average trading close to $2 trillion a day that you can do sitting in your office or home and with as little investment as $100 to begin with. Again keep your finger at buy or sell button to take a proper action just when it needs. All the best...
     
  4. moneyman

    moneyman Well-Known Member

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    Forex is good to start with. If you want to look into Etrade, you can try their platform too and get the hang of things doing penny stocks with their free demo before you make a decision.

    It's always good to get your feet wet first, and not bite off more than you can chew when trading. If I were you, I would start small but research the stocks you want to invest in first if they are penny stocks. Make sure it has a good history and has been around for a while, so you invest in something that moves and can give you a return.

    I would definitely spend a good amount of time checking everything out before you decide on a platform and before you invest in a stock. There are sites online specifically devoted to helping you get started with trading like Day trading can be pretty rapid once you get going. A great place to start that should help you out is Investopedia:

    Depending on how well you do and what stocks you invest in, it's possible to build up to $1,000 to $3,000. I wouldn't expect it, but definitely work toward it as a goal.

    The minimum to get started with most serious trading platforms is usually between $500 to $1,000. You might be able to use something like Sharebuilder or Scottrade and try with only $100, but you usually need anywhere from $500 on up to really invest and do it right.
     
  5. vinaya

    vinaya Well-Known Member

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    Stock trading is very lucrative. You can make a big money on stock market,. However, in order to make real money from stock exchange,you must have a big finds. Small investment does not give you good return. There is also risk associated in this business
     
  6. MisterW

    MisterW Well-Known Member

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    I've never tried making money with forex, 5 years ago when I started money online I tried making money as an forex affiliate by promote their offers with the huge commissions, I think the minimum you could earn was $100 up to $500 per sale and there was an option where you could earn commissions for life off your affiliates. To be honest I've earned nothing this way and this due to my lack of knowledge into promotion and because being a newbie into big affiliate marketing world.
     
  7. suresh

    suresh Well-Known Member

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    What I could say is Stock Market = Scam Market.
    If anyone is making $2000 per day, then their would be more sock market people.
    I have never seen stock market forums increases, blogs and news portals because they won't make money to people.
    We see everyday some webmaster forums comes and goes down, but still their is an increment in these webmaster forums because they make money for anyone like stock markets won't do.
    Hope you got it what I meant, and yeah I used once on a time Marketiva where they give $5 for trading, but all of us lost those $5 in the first trade.
     
  8. Sheebah7

    Sheebah7 Well-Known Member

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    Thanks for the information..I know nothing about trading stocks online..but soon we will have to start investing our money somewhere. I am a bit confused on how to start. I am aware of the big risks..is it even at all worth it? Should we just try our luck with trading properties/real estate online...or could this be considered kind of the same thing?
     
  9. explorer

    explorer Well-Known Member

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    I was in charge of Employee Stock Option Plan (SOP) in a telecom company where I was working as a Human Resource Manager. So, I could acquire quite a good amount of knowledge about the functioning of share markets, especially Indian market. One peculiar thing about these markets is that most of them work on emotions. I mean when there is a change in Government or flow of news (good or bad) about a company’s performance, it becomes shaky. I have seen some very good shares which got good fundamentals collapse due to bad news flow. So, my first point would be to build on the fundamentals of the company. If you believe in the company and what they do, just go for it. Needless to mention, they should have a clear business model with able management in place.

    • Be greedy when others are not and stay away from market when others are greedy. I mean when a market is touching new heights do not add new shares in your portfolio because any abnormal rise would be followed by a steep fall. That is the time when people use to stay away from the market. You should jump into market and accumulate shares of good fundamentals and a clear future. You will get some valuable shares at throw away prices.
    • Never try to catch a falling knife. Some shares keep on falling due to permanent damage like closure of one of their businesses or huge bad debts etc. It is better to keep a distance from such shares until they show signs of recovery.
    • I used to make quite a good amount of money from Indian markets by investing in shares for medium term (6 months to 1 year). I think SIP (Systematic Investment Planning) is a good option to try for those who want to play safe. It drastically reduces the chance of a loss in the long term as it average out any possible losses.
    • I believe you need a lot of patience to become successful in a share market. Lack of patience will make you take hasty decisions which would not be beneficial in the long run. So, wait for a good opportunity to invest in shares.
    • And one last suggestion, if you are serious to take online share trading as a main source of income, please read “The Intelligent Investor” by Warren Buffet who is known as the Investment Guru of all times. So, information is the key. Try to put a lot of efforts in understanding the current trends before investing. You can either seek the help of a professional portfolio expert or look for a free source from the Internet.
    In fact there is no limit on the amount of money you can earn from a share market. The more you invest in good shares, the higher will be your net profit. But I won't believe if somebody tells me that he makes $2000 - $3000 every day because it is a roller coaster game and you cannot be a winner every day.
     
    overcast likes this.
  10. Mr. B

    Mr. B Administrator Staff Member

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    To be honest, I never tried trading stocks, maybe because I'm doing well with creating and ranking my sites. I always read about forex and others making thousands per day, but never thought to try this, when I'll try I'll update you. :Greedy
     
  11. overcast

    overcast Well-Known Member

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    To be honest stocks and forex are not my thing. I have not learned how to trade them. I am good at testing and analytics. That's my day job. And that's all I can see. But this stocks and trading and timing. That's something I never found working for me. I am guessing not all the people can do this. Some may get lucky. But for some it's lot harder than it looks.
     
    Mr. B likes this.
  12. Abdul hanan

    Abdul hanan Well-Known Member

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    to earn more you have to invest more. there are many trading websites you can check em ... Nowadays cryptotrading is on top because there are many cryptocurrencies to trade... and also it is profitable work... i say go on do some googlinh youll find many videos
     
  13. tusziget

    tusziget Well-Known Member

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    You don't have to believe everything,that people are telling.Especially,if they are bragging about,how they make thousands of dollars every day.In most of the cases it is not true.Who in reality makes thousands of dollars every month is not bragging about it,because he wants to keep it a secret so everybody cannot find out tracking him down,how he is making that huge amount of money every month.
    Who is bragging,is making little sums and wants to feel better and when somebody wants some payment proofs,he suddenly don't have time to post payments proofs ,because he is very busy with his affairs:Sneaky:
     
  14. Aelfwine

    Aelfwine Well-Known Member

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    I think I can put Stock Market in online category that can help me earn money because all the transactions are online now. As long you are careful, study the stocks, and economy is in your side money is possible. You don't need to live in your house. Just buy and sell stocks by the way I am newbie in stock market but I will do my best in trading. so Do you think stocks is a helpful way to earn money?
     
  15. Aelfwine

    Aelfwine Well-Known Member

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    I am into stock market. You can earn a lot if you are careful in selecting stocks and can admit you are wrong sometimes in choosing stocks. I saw stock market like a poker that you can win more than loss if you are good in strategy. No matter how good you are in stocks and poker. If the economy, company, and cards were not in your side. You would lose so the best thing to do to research and accept if sometimes you lose a little. Wait for another card and buy another stocks which are worth it. Don't bet because you attach in cards or stocks. I won a lot in poker but I can't be professional gambler because where I live that's why I am on stock trading.
     
  16. Lovely

    Lovely Well-Known Member

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    When it comes to online trading or investment,I tell people don't listen to bogus stories by all these online scammers that have never made a dime online.Tell them to show you earning proofs and they will all go into hiding.What we should always remember is that talk is cheap,anyone can bragged about anything,as I'm writing I can write I make $$$ every month when I'm yet to cashout out my first pay.

    When you need to start any investment do a thorough research on the basics and leave bragging stories.As a novice I prefer you work with a stock broker for a start to get the needed knowledge and skills and make sure you go with expert advices.

    Invest in bits or small until you know how things work because I believe the risk ratio is quite high.I think one thing about trading is to know when to buy and when to sell,it can be lucrative if you're in the know.So take your time to learn before investing.
     
  17. Blue Koala

    Blue Koala Well-Known Member

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    Maybe you stumble upon a "guru" who is hooking you to buy his book or sign up under his webinar. It takes more to earn more. If you make a decent amount after all the fees are deducted on a single transaction then probably it is worth your time and money. I saw one trader who went on live stream teaching us how to day trade. The procedure is clear but we all laugh upon seeing he is just above break even. Maybe he didn't see that coming but good tutorial nonetheless.
     
  18. yishak1412

    yishak1412 Well-Known Member

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    Anyone knows a way to start forex trading or maybe stock trading without any investments?
    The only one I have found is Robinhood app . it gives you a free random stock share between $3-$150 but sadly this app is only available to US and Australia. I'm looking for a similar service which is international?
     
  19. overcast

    overcast Well-Known Member

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    I think there are some forums like MT5 which offer the credit to post on their forum. This credit can be redeemable for cash to work on the MT5 forum. And thaat seems to be working for them to get new clients. and people learn hoow to trade using this option. though it's kind of hard to do day trading with the forex. but it can be doable in thelong term. it all depends on the platform and the timing. that's what worked for many.
     
  20. yishak1412

    yishak1412 Well-Known Member

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    Seems like a good site. I will check it out. Thanks!
     

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