Is it really possible to make millions in the stock market
You might have heard thousands of stories about people becoming millionaire in just one day through stock market. Are those stories true? Is it really possible to make huge money with stock market? Or they are just a creative story written by the people to drive traffic to their website? Believe me, making money with Forex trading and stock market is much faster than any other legit money making method and there is no doubt in saying that it can make anyone millionaire in just one day but to reach such goal you need enormous knowledge about markets, stock markets and most important is money. without any market and stock market knowledge no one can make huge amount of profit.
I have one cool and funny story to share with you guys. Its real story, Me and my two friends are very much interested in stock market they often tell me to try our hands In stock market, So one day we started trading online. Out of my two friends, one started to invest money in stock market without any knowledge and me and one of my friends started grasping knowledge about the stock market and the factor affecting Commodities, currency and stocks up and down. After almost 5 days we both are still learning about the stock market and the friend who started trading without any forex and market knowledge had turned $100 into $1000 by trading on currency with highest leverage possible. Its sound Funny, but he really turned $100 into $1000 but one next day he lost all the money because currency he had invested on got week and all the equity he had lost because of high leverage. After this incident, we started researching the market, Understanding the tools, graph, Forecast etc and lot’s more and then trading. Today’s we three have made good amount of money with stock market with nominal loss. Like my friend, most of the people after reading stories of becoming a millionaire through forex trading dive into the stock market like they are born for stock market and at last they have nothing but faced a great loss.
Can you make millions trading in stock market and Forex?
Well you can make millions in Stock market trading ( Forex trading ) but there is no guaranty that you always win a trade, there are always 50% chances of winning a trade and 50% chances of losing a trade, however with proper market research, referring to right market forecast, graph, tools and right time to invest money on right trade can improve your chance of improving profit to 80%. It is 100% true that anyone with good knowledge about the market, Forex trading, huge money to invest and guts to bear loss. even one can became millionaire within a day but it involve huge risk. In stock market, one can earn millions in just 1 hour and in next hours one can lose all the money he invested on stocks.
So, If you looking forward to join online stock market for trading then I would strongly recommend you to learn basic terms about the stock market and trading online, tools, Research markets and see the effect on market on the commodity or currency you are about to invest. Look for the right time to buy or sell trade. If you are new to online trading then I will recommend you to try online demo trading account, you neither win any money nor you lose money with online demo trading account but what you get through online demo trading account is the quick idea about the trading online without any risk, you can test your skill at online trading account to see whether you are fit for real trading or not.