Want to earn 1 lakh per day from share market? It sounds exciting but earning big requires smart investments, good planning, and keeping a close eye on the ever-changing market scene.
This guide is here to help you figure out how to earn money from share market and make your trading days more promising.
How to Earn 1 Lakh Per Day from Share Market?
Achieving substantial daily earnings in the share market often involves a combination of various approaches. Here are some approaches that traders and investors can consider.
1. Swing Trading
Swing trading involves capitalizing on short to medium-term price movements in stocks. Traders identify potential price swings and aim to profit from them.
2. Intraday Trading
Intraday trading is quick, exciting, and potentially profitable. That said, it requires deep knowledge, discipline, and risk management.
Earning 1 lakh per day may be achievable for experts but relatively risky for beginners, even with the best intraday indicators and trading strategies.
3. Derivatives Trading
Derivatives such as futures and options offer high leverage and trading on expiry has the potential to generate significant returns.
While these factors allow skilled traders to potentially earn 1 lakh per day, they also come with significant risks.
Futures and options are purely speculative, and leverage is a double-edged sword.
Thus, it is important to know the ins and outs of each contract, margins, and leverage, combined with a battle-tested risk management strategy.
4. Commodity Trading
Commodities like gold, silver, and oil offer trading opportunities. Traders can speculate on price movements in these markets via futures and options.
Much like stock futures and options, commodity derivatives can lead to substantial gains but carry a high degree of risk.
5. Long-Term Dividend Investing
Create a portfolio of high-dividend stocks and earn passive income regularly. That’s the name of the dividend investing game.
It won’t make you rich quickly, but with time, your steady effort blooms into a wealth of savings.
Importance of Risk Management and Capital Preservation
It’s vital to protect what you’ve earned. Markets have their ups and downs, and it’s crucial to shield your savings from the unpredictable tides.
Here’s where thoughtful planning shines.
Setting boundaries and knowing when to hold or fold can be the difference between safeguarding your assets and seeing them slip away.
Being smart and vigilant ensures your money stays right where it should – with you.
These are safety nets, like having a clear cut-off point to stop losses, which means you protect your money from big drops. It’s like having a financial safety belt.
Also, remember, keeping your investment safe means you can sleep better at night, knowing your money isn’t going to disappear.
You’re saving it for future chances to make more money, staying ready and waiting for the perfect moment to strike.
Factors to Remember Before Trading/Investing in Stocks
Regardless of the chosen strategy, risk management is of utmost importance. The share market is inherently risky, and losses can occur. To protect your capital:
1. Manage Risk – Always
Use stop-loss orders and set predefined risk limits for each trade or investment. You should not take risks more than you can afford to lose.
2. Trade and invest within Your Means
It’s simple: don’t spend what you don’t have. Keep your online investments diverse to spread out the risk.
3. Make Diversification Your Friend
Put your eggs in different baskets. By mixing up what you invest in, you help protect your money from unexpected market turns.
4. Monitor Your Investments/Positions
Stay informed about market developments and regularly review your portfolio. You can manage and adjust your portfolio as and when needed.
5. Learn, Unlearn, and Re-Learn
Continuously educate yourself about the share market. Strategies and trends evolve, so adapt and improve your skills as an investor or trader.
Can You Earn 1 Lakh Per Day from Share Market?
The honest answer is, “Maybe” rather than “Yes”. The truth is, while there are days the market smiles at you, there are also times when it doesn’t go your way.
To even try earning such a big sum of money daily, you have to really know the market. That means studying hard, knowing where to put your money, and having a clear plan.
However, even with all that, there’s no sure way to say you’ll bring in 1 lakh every day.
So, the big question about how to earn 1 lakh per day from the share market isn’t about quick tricks.
It’s about being careful, making smart choices, and not getting your hopes too high.
Winning in the share market needs patience and smart thinking, not just big dreams. Slowly and steadily, you can build wealth for yourself and achieve your financial goals.
Earning 1 Lakh per day from the share market is an ambitious goal that demands skill, discipline, and a thorough understanding of market dynamics.
While various trading and investment strategies can potentially lead to significant gains, it’s crucial to approach the question of how to earn 1 lakh per day from share market with a realistic mindset.
Emphasizing risk management, capital preservation, and a continuous commitment to learning are essential elements for anyone aspiring to succeed in the share market.
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