Trading through Broker is the second most popular business in India in terms of Market trading online . In India , most of the people don’t know the basic concepts of Stock Trading and Analysis for which they have to hire a personal trading broker . A trading broker work at cost of a percentage profit earned from each trade for his client and provide his client calls to invest in share market for profit . Those who knew much about the movements in the market and the indicators are able to earn more than anyone could expect in the real life business.
Trading in Investments include investment in stocks , derivatives , currency, future and options etc . In each category there are a big number of further investments which on a day , monthly or yearly basis are traded by investors . Within each trade , an investor either gains or looses some amount which on the day end or the end of the market is provided or taken from the investor . This is how on a simple note , a share market works .
Become a Stock Trader
Investment trading means you need to invest some money in Shares or other securities , so that with time you’ll be able to reap some returns out of it . For instance in April 2021 , if you check a Company share named HFCL , you will find the price of the share to be around Rs 26 or Rs 27 . Just one month after , those who took 100 shares of HFCL in April month and invested it for 1 year duration with a prospective return were able to see how their investment of Rs 26 x 100 shares = 2600 became total investment of 6600 of Rs 66 per share in the month of June . This was all because numerous share traders within months showed interest in the Stock of HFCL due to which price of the stock raised rapidly.
For becoming a Stock trader , nothing much resources are required as you have to only study different charts and variables of the stock market , you can start by opening your own demat account and by doing paper trading . On internet ,also you can download NSE Modules or different modules of expert traders to learn the market .The best practise in this way would be doing it practically and learning from mistakes . A stock trader himself invest money and earns money on intraday or swing basis in the market using a demat account.
Becoming a Stock Investment Advisor
A Stock Investment Advisor has entirely a different role to play in the Stock market. An investment advisor is one who is always on the positive side of earning in the market as he is both an investment broker as well as he is a stock trader where he keep eyes on his client profit and on his earnings as well. A Stock investment advisor has two sided income first he earns a fix commision from his client or takes fix salary from his client for giving him profitable market calls , second he is a stock market trader himself where he also invest his money to earn profits from the market and earn a decent income for his expenses.
To become a Stock Investment Advisor , you have to do course on simple trading in market or you can start by learning from a perfect trader . Untill you become a perfect market trader , never ever try to give any trading call to anyone as a small wrong call in this market can lead you big losses.
Stock Trader Vs Stock Investment Advisor
As a Stock trader you can invest your own funds and can earn money by taking your own calls after taking proper training from other market professionals or from your personal experience . As a trader , you might not get any fees or any brokerage from any person but on the other hand you also don’t need to be licensed as per SEBI guideliness . On the other hand , if you wish to become a stock investment advisor , it is necessary as per SEBI guideliness that you have to get yourself registered under SEBI guideliness and have to hold a membership number .
As a Stock trader , you can also earn money by following calls of other big market players where you can invest your money in your demat account and can earn huge profits using swing or intraday trades. As a Investment Advisor you have to sure on your calls as it is observed that if you give multiple failing calls in the market then you might be sued by your client .
A stock investment advisor can earn from multiple sources like from calls fees , trading income , investment stragegy selling etc , where a trader can only earn through investing in different securities in the market through his demat account .
How much you can earn ?
As a Stock Investment Trader if you invest as low as Rs 20000 in the market you can earn Upto Rs 6000 a month taking as minimum Rs 200 profit every day on Swing trades .
Taking Intraday Trading with good calls , you can earn upto Rs 10000 within investment of Rs 20000 only as you get a margin liverage of upto 6x through your investment broker app.
As a Stock Investment Advisor you can earn account refferal income , income from trades of your clients , take commission from your clients , reap self investment profits etc . This will all total around Rs 1 lakh within investment of Rs 40000 to 50000.
Tools to Start Stock Broker Business
There are no such big tools required to work in the Stock market ,as your biggest tool is your self Demat Account and Bank account if you want to become a Self Stock trader on the other hand if you want to become a Stock Investment Advisor , you have to bear cost of some indicators , applications like trading view , automation tools which will automatic place stop loss and targets.
Hope , you liked this post , if you want tips on becoming a stock broker or a master stock trader you can contact us from the Contact us Page or you can directly place us your queries below in the comment section.#
Have a Good Day !