Stock Market for Housewives, Good or Bad

As a housewife you can take a kind of trading that suits your appetite, it could be intraday trading, scalping, swing trading or even futures and options trading.  

After discharging your household duties, it may be possible to sit in front of a desktop or operate a mobile smartphone on the move. 

Let me elaborate a few types of trading that demand time contribution for stock trades. 

If you are able to spend a few hours in a week towards stock markets then swing trading is the best way to earn good money.

You have the opportunity to make profits in stock swings in the price fluctuations. 

You can adopt time and tested strategies but you must be patient and calm, and put away emotions during trading sessions. 

If you are free and away from domestic work between 09:15 am to 03:30 pm then intraday trading can prove beneficial for you. 

If you are able to study, analyse, and read trade charts for a while then intraday trading is the best. And, remember it is called a buyers market, which means, you are at an advantage to buy stocks. 

It may need slightly more money but you can take the financial help from your stock brokers. They will cushion your investment by at least five times the basic trading capital you are interested to put in. 

Future option trading will require an investment and your money gets stacked for at least 6 months. 

You will have to regularly read the markets and rearrange the exit positions for selling your stocks if necessary. 

It demands huge patience but here you can earn more money than usual. 

Option trading also utilises the best strategies and you can make good money on stocks that trade on huge volumes, and maintain volatility. 

In fact, the same applies for all sorts of trading as mentioned above for you. 

Stock Brokers in India

As said above, there are many stock brokers who will help you to fulfill your trading purposes. 

To list a few, Zerodha Discount Brokerage, MoneyControl, ICICI Direct, Angel One, Sharekhan, and Upstox and many more. 

These brokerage companies run competitively, and you can trust them because they have higher market credibility. 

All brokerage companies mentioned above provide detailed guidance offline and online. 

You will also be briefed with fundamental terms, procedures and processes involved in trading and even provide you with the right tips to buy and sell stocks in trading. 

The blogs corner of these brokerage companies give ample information on trading aspects, important news, and critical analytics also. 

You will be taught to use the trading candlestick charts in a systematic manner that will be beneficial to execute your trade plan. 

Online Stock Trade Trainers: 

There are many traders who are offering free YouTube channels for stock market, you can watch the videos and practice the strategies on paper trading websites.

After taking an introductory class, you can join the online course on different topics and future learn trading tips from experts. 

Some of the well established trainers who can support your learning needs are as follows: FinnovationZ, Elearn Markets, & Trade Brains. 

In addition, you can aspire to learn at Ghanshyam Tech, Nitin Bhatia, Trading Chanakya, PR Sundar, Groww, and ifmcinstitute online course, one of the finest stock trading courses.