How to earn 1000 per day in option trading? If you also want to make some side income from your career and want to earn some money, then stock trading is a good option for you because you can start with a small amount of capital and also extract a good return. In this article, I will tell you the basic trading strategies that a good trader should know so that they can make good returns from the market. So go through the article and do not skip any points.
Can I earn 1000 daily from trading?
Want to daily earn 1000? Everyone enters the stock market with the hope of becoming extremely wealthy, but their dreams are shattered when they incur large losses and are unable to withstand the market’s volatility.
We have to get complete information about it before coming into the market and understand all the aspects so that we can get good returns from here. If we come here without knowing everything, then we will fail badly, and we will start telling everyone that the share market is gambling.
So, without knowledge, we cannot work in the field. First, we have to understand and learn what is in the field and what we can do in the field.
Now let’s discuss: Can I earn $1,000 daily from trading?
The answer to this is no; we cannot earn daily. But we can earn a good amount every month, which is best for our side income. If you are looking at a share market as a daily earning mode, then a share market is not for you because here you also have to face losses.[How to earn 1000 per day in option trading]
How to Earn 1,000 Per Day in the Stock Market: What Are the Different Ways to Earn in the Stock Market Through Trading?
INTRADAY TRADING
How can i earn 1000 per day? Intraday trading allows us to buy and sell the same stock on the same day. While doing intraday trading, we keep in mind that there can be a good movement of the stocks in a day.
What can we do to know if there will be a movement in stock on the same day?
We watch the financial news to see what the result of the company is, what results are coming, or whether any company has been acquired. Keeping all this in mind, we use such stocks and play on them. While intraday trading, we have to take care of quantity, liquidity, and price, of course.
FUTURE AND OPTIONS TRADING
how to earn 1000 in one day? Futures and options trading are part of a derivative market, which is also part of a stock market.
The base price of the underlying assets is what determines the price of futures and options.
For example, if the current price of Reliance today is ₹ 3000 and the future and option price is around 500 rupees, if the price of Reliance is below 3000, then the price of futures and options is around 500 rupees. The price of the future also decreases, and the option price depends on the call or put option will decrease or increase.
To know this price, you can trade the price movement of futures and options and also earn a good profit from it.[How to earn 1000 per day in option trading]
SWING TRADING
In swing trading, we do not buy or sell shares on the same day; we hold the shares for a few days or even a few weeks so that we can get a good return on them. These days, many traders use the swing trading technique, which is very well-liked. You may not be able to earn daily from swing trading, but you will get a good return on your capital monthly.
How to Earn 1000 Per Day in Option Trading: What Are the Rules?
Rule 1: Always trade on the shares that have high volume
Our first rule is that we have to trade in those whose volume is high. This means that the number of shares bought and sold is high, and their quantity is high. The higher volume also indicates the strong momentum of our stocks, which will help to generate a good return. We can make a top list of stocks with high volume before the first night of trading; we can have a list of 8 to 10 top-volume stocks. On trading days, we try to find the opportunity in those stocks only.
Rule 2: There is no space for fear and greed in trading.
Fear and greed are two villains in your trading journey. If you are starting to trade, you will have to face this fear and greed. There is no path forward without facing them. Fear and greed disturb our psychology a lot, and we start taking irrational decisions instead of being rational, which becomes harmful for our trading.[How to earn 1000 per day in option trading]
Facing fear and greed is like fighting within ourselves. It is just me against myself. If you can control your fear and greed, then you can give yourself the right direction in trading and become a good trader. So we have to keep ourselves under control.
Rule 3: Keep in mind about your Entry and Exit points
As we are talking about fear and greed above, the next question in our trading will be: when should we plan our entry and exit from any stock? On what basis should we enter and exit? Before we check our entry price, we should find a stock price that is below its intrinsic value or below the target price. We can plan our target price as our exit point.
Sometimes, when we see a slight profit when we buy stocks in the market, we will get out immediately; we will not be able to capture the long momentum, and we will regret it, we should ask first and know where we have to exit. Entry and exit planning should be done before entering into any trade.
You can also take advantage of trailing stop loss for exit. Here, we book our profit lightly and move up by increasing our stop loss a little when the price moves in your favour.
Rule 4: Always use Stop loss to Limit your loss
Stop-loss is like a parachute; it protects you from a major accident. Just as a parachute protects you from any major accident, a stop-loss also protects you from major losses. If we trade when we feel a loss and that loss goes beyond our limit, we use our stop loss to cut off our trade.[How to earn 1000 per day in option trading]
For example, let there be a stock ABC whose price is ₹ 2000, and we use a stop loss of one percent. Meaning, if the stock price is below 2000 by one percent and the price of the stock comes down to ₹ 20 and it is 1980, then our stop loss will be triggered, our trade will cut off, and we will book a loss of ₹ 20.
Rule 5: Trend is your Friend
Some things become easy when you go with the flow. In the case of trading, when you trade in the direction of the same trend where the trend is going, you will trade easily, so always remember that trend is your friend. Whenever you try to flow against the river and have some problems, you have to put in more and more effort. The same applies here as well. Trading reversal is much tougher than trading in the same trend.
How can I earn 1000 rupees in one day?
How to earn 1000 daily? If we want to earn $1,000 per day, then we should pay more attention to intraday trading. Although earning $1,000 per day is not possible, we don’t need to have a profit every day; we can also see losses on some days. If we have less capital and we have to earn $1,000 per day, then we go for a maximum broker, which gives leverage now, but I would like to say that if you are a beginner, then I suggest that you should not take any leverage. So try to make a profit in small trades and multiply it.[How to earn 1000 per day in option trading]
This is because it is a little difficult for us to earn 2 percent in a single trade in a day.
For example, if we buy Rs. 300 worth of stock in one day, that is, Rs. 306 or 309, which is not possible, then what we can do here is aim for small profits. – We will book small profits and improve our trading experience so that we can achieve our target of Rs 1000 per day and get a good return on our capital.
LET SYNCHRONISE YOUR MOVEMENT WITH THE MARKET MOVE.
Always remember that the market is a non-directional one that can move up and down anywhere. It is not necessary if we get such an indication that the market can move up from here, but It is not surprising if the market falls suddenly because the market is non-directional. The truth of the market is to expect the unexpected.
In this case, we should not start firefighting with the market. As the market adjusts itself and uses it, we also have to adjust our trades to make a profit, and the loss trades have to be cut as quickly as possible and removed.[How to earn 1000 per day in option trading]
SOME GUIDELINES ON EARING 1000 DAILY?
1. Make a list of 10 to 20 stops based on volume analysis, trend analysis, fundamental analysis, or technical analysis.
2. Then track the state 20 tops for the next 10 to 15 days and observe their price movement carefully
3. We have to back-test all those details and have made a strategy as to how we will plan our entry and exit into that stock.
4. Now track all the stocks in the real market and see whether you are getting a proper entry according to your strategy or not Whenever you get an entry, plan your exit as well
5. Maintaining a stop loss as soon as you enter a trade—first the stop loss, then the target—is the most crucial aspect of trading.
6. Regardless of the outcome of a trade, you should always keep track of your trades in a general trading journal. Talk about everything that can happen in trading, including why you made the trade, why you got out of it, and anything else that can happen. You can keep track of the amount of return on your investment and your trading journey with this.
7. Don’t take losses personally; losses are the best lesson and the best teacher in the stock market. Always try to learn something from your losses, try to add value to your next trade, and repeat the cycle again and again. So that you become a successful and profitable trader.[How to earn 1000 per day in option trading]
Key Takeaways: “Earning 1000 Per Day in Option Trading”
- Realistic Goals: Aim for consistent monthly profits rather than unrealistic daily earnings.
- Effective Strategies:
- Intraday Trading: Capitalize on daily stock movements.
- Futures and Options: Trade based on future asset prices.
- Swing Trading: Hold stocks for days or weeks to benefit from trends.
- Success Rules:
- High Volume Stocks: Choose stocks with high volume.
- Emotional Control: Manage fear and greed for rational decisions.
- Strategic Planning: Plan entries, exits, and use stop-loss.
- Trend Following: Trade with the prevailing trend for smoother transactions.
- Guidelines for Daily Earnings:
- Create a stock list based on analysis.
- Track and back-test strategies.
- Maintain a trading journal for continuous improvement.
- Continuous Learning: Stay informed, adapt to market changes, and refine strategies for sustained success.
Read also: The top 3 option trading books for beginners you must read.
Read also: Is option trading easy to learn?
Read also: Really, can I start option trading with 1000 rupees?
I’m a seasoned trader with over 3 years of experience in financial markets. Throughout my journey, I’ve navigated various market conditions and developed my skills in trading strategies, risk management, and market analysis. Now I am also developing myself as a good digital marketer.