How to earn 1000 rupees daily in share market?

Everyone who comes into the stock market has a desire to earn well. Share market is one of the most attractive ways to make money, as it offers better returns than other avenues. Most of the people who come to share market ask – How to earn 1000 rupees per day from share market? But, many of them fail to do so due to lack of knowledge and experience.

The movement of the stock market is governed by various factors which are both domestic and international. These factors are situational, not under anyone’s control. Since the daily volatility of the market is difficult to predict, experienced traders aim to earn a fixed amount in a month, rather than trying to reach specific daily goals. Every day may not provide opportunities for trading, and if you earn from the stock market by trading every day, you may suffer huge losses because of it. If you still want to accomplish daily trading, then you should practice paper or virtual trading, and if you are successful in that, you can move on to real trading.

intraday trading

There is no investment limit. You can start with Rs 1000 or Rs 1,00,000. There is no limit in capital. Since there is no restriction, there is no limit in earning. In theory, one can make unlimited money from the stock market.

How to earn Rs 1,000 per day from the stock market?

If you want to make money every day, then you must indulge in intraday trading. In intraday trading, you buy and sell stocks within a day. Stocks are not bought as an investment, but as a way to make a profit by using the fluctuations in the prices of stocks.

How to earn Rs 1,000 per day from the stock market – What are the rules?

If you are wondering how to earn Rs 1000 per day from share market, then given below are some strategies which can make it easy for you to earn money from stocks, if you follow them closely.

Rule 1: Trade in high volume stocks

This is the first rule in intraday trades- always keep an eye on stocks with high volume or liquid stocks. The term ‘volume’ refers to the number of shares that pass from one hand to another in a day. Since the position has to be closed before the trading horse expires, the liquidity of the stocks is what the profit potential depends on.

Always take time to be sure about the stocks in which you plan to invest. The analysis and opinion of others should be taken into consideration only after you have done yours. If you feel confident about certain stocks or indices, then only you should invest in them. Make a list of 8 to 10 stocks that you want to target, and start your research on these. Before investing, pay attention to how the prices of these stocks are fluctuating.

Law 2: Leave behind your greed and your fear

In the stock market, there are two cardinal sins that you should try to avoid at all costs. Factors such as greed and fear influence the decisions that traders often make . It is best if you can keep these psychological factors in check when you are making trading decisions. They sometimes cause traders to bite off more than they can chew, which is never fair. It is important to finalize a few stocks and position yourself regarding them only. No trader can make profits every day. If you try to chase that mirage, you’ll only disappoint yourself over and over again. When the wind is against you, you will have no choice but to book losses. So, as an intraday trader, you should always keep an eye on the limits, and try to stay within them.

Rule 3: Fix your entry and exit points

Now that we have talked about the two factors that you should not let influence your decisions, let us talk about the two factors that will increase your chances of making a good profit. When you ask “How to earn 1000 rupees per day from share market?” Know that the answer lies in having definite entry and exit points in the trade. These are the two main pillars of the stock market. As a trader, you need to identify these points correctly. It is only after you have done this that you can think about making a profit.

Before placing a buy order, always determine the entry point and price target of the stock. Price target is the price at which it is substantially valued, taking into account its history and post expected earnings. If the stock is trading below its target price that is a good time to invest in it as you will make profit, or exceed it, once the stock reaches its target price once again. Keeping a fixed point for your entry and exit will also ensure that you do not sell the shares as soon as you see a slight increase in the prices. Due to this trend, you may lose the chance to make a big profit when the price of the stock moves further. Having fixed entry and exit points in mind will also loosen the grip of fear and greed as it will take away some of the uncertainty from the process.

Rule 4: Limit your losses using stop-loss orders

One of the most important aspects of intraday trading is a stop-loss. A stop-loss is an order designed to limit an investor’s losses. You can cut your losses by using stop-loss, therefore, you should use this strategy frequently .   Intraday traders must take the oath of stop loss if they want to avoid huge losses.

The stop loss you set should be in proportion to the target you have. As a start, you should set a stop-loss at 1%. An example will make it easier to understand. Suppose you buy shares of some company at Rs 1200 and keep the stop loss at 1%, which is Rs 12. Hence, as soon as the price falls to Rs. 1,188, you close the position, which prevents further losses. This can help keep your losses in check, making it easier to achieve your financial goals. How does damage work? The stop loss is set in such a way that if the prices fall below the specified limit, the trigger goes off and the stocks are automatically sold. Hence, it is a highly beneficial method if you want to keep your potential losses in check should the prices suddenly start falling.

Rule 5: Follow the Trend

When you are participating in intraday trading, trend following is your safest bet in ensuring profit. How likely is it that a trend reversal will occur within a one day period? Making trading decisions based on a possible reversal of trends may turn out to be profitable from time to time, but in most cases they will not.

how to earn rs 1000 daily in share market

If you are thinking to earn 1000 rupees per day from share market, then you can try to follow these guidelines-

1. Pick a few stocks you want to target

2. Track the movement of these stocks closely for at least 15 days before you take any action 

3.  In this period, analyze the stocks in various ways based on volume, indicators and oscillators . Some of the more commonly used indicators are the supertrend or moving averages. You can take help of oscillators like stochastics, moving average convergence divergence or MACD and relative strength index.

4. If you follow your target stocks regularly during market hours, you will get a high degree of accuracy over a period of a few days. You will be in a better position to interpret price action.

5. Base on the indicators you used and your analysis, you can now fine tune your entry and exit points.

6. You should also fix the stop loss and your target before investing.

How to earn Rs 1000 per day from share market – with multiple trades with small profits?

Let us try to discuss this question of how to earn 1000 rupees every day. Let us look at day trading options which can result in a daily profit of Rs 1000. Almost every broker’s company currently offers leverage on capital. Hence, investors can start investing with a small capital. One strategy you should swear by is the small profit you get from multiple trades. Lack of proper knowledge is the most frequent reason for bad trading. Suppose you buy a stock priced at Rs 200, and are waiting for the price to go up to Rs 204 or Rs 205, it is highly unlikely that this will ever happen in a one day period. Expecting 2% profit in a single move is unrealistic, and you will only lose money if you wait for such profit. So, instead of waiting for a major break, focus on making small profits from multiple trades.

Synchronize your moves with the market

Like a living creature, the market can never be predicted with 100% certainty. It is possible for periods when all technical indicators point towards a bull market, but declines still occur. Sometimes, factors are indicative at best and do not provide any real guarantees. If you see the market moving in a different direction than your expectations, it is best to call it a day and exit to prevent further losses.

Returns from stocks can be profitable, but making a steady profit every day by following the tips mentioned above can be satisfying. Intraday trading provides you with high leverage, which gives you decent returns in a day. If your question is how to earn Rs 1000 per day from sharemarket, then intraday trading can be the best option for you. Feeling a sense of satisfaction will take you a long way as an intraday trader. In equity market, profit and loss are two sides of the same coin, and are inextricably linked. If you want to make profits, you have to bear with losses from time to time. It is a part and parcel of the stock market, and of intraday trading. But, despite all this, earning a steady income from the stock market is not always difficult if you take the time to gather enough knowledge and expertise.

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