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Hi generating monthly income from trading and investing requires discipline and skill.
First of all, create a trading system that has good risk reward and also has decent accuracy.
make sure that out of 10 trades you take using a system at least more than 5 should be in your favour. and Risk reward is greater than 1:1.5
be more discipline and learn to accept mistakes and you will definitely succeed.
We conduct a lot of free seminar on explaining how to create a good system for consistent profit you can contact my team and attend one such free session to learn more.
www.purpletrades.com
I hope this will help you
cheers
read lessYou can make, but proper skills and knowledge is required. A practical way of understanding is the only way to understand the market. Trading is just like a journey; well planned will be enjoyable. without a plan is just like boarding a bus without checking details like Signboard, Stoppages, Starting junction, ending junction, pricing, etc. It would help if you made your trade plan based on your own trading style and follow the same in a disciplined way.
Happy Trading :-)
read lessIt takes time to learn skills and experience for trading in the stock market. You got to know Technical Analysis, start small, understand how the market behaves, and start trading to earn a monthly income. This process may take 4-5 years, but it's worth trying as there is no turning back once you learn it.
read lessHi Ravi,
Your question is very valid and essential to all. Before entering into trading, you must have two qualifications. One is strong fundamental knowledge and idea about the stock second one is where to pick and give up strategy.
In Future /Intraday - You can use emotional/reasonable buy & sell strategy.
I hope you understand the thought.
read less
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