2 Likes
You should have good risk management system & a good strategy to work on.You must keep stop loss in your system so that you won’t loss money beyond your limits.But I think you should have permanent source of income so that your mind remains stable & so that you use that money in Share market considerably well.
2 Likes
If you have just started out it is not recommended to rely solely on the earnings of share market.
1.) Be mentally prepare to lose money.
2.) No guarantee for earnings.
3.) You will need at least a year to start making profits.
4.) Trade with only what you can lose without losing your sleep over it.
5.) You should consider having a job first or a secondary source of income so that you have some cushion in bad times.
1 Like