Why trading is the best way to make money in 2021?

In this post, I am going to tell you why trading is the best way to make money in 2021, from anywhere and anytime, as we all know in today's digital world, you can do almost everything just by using your phone or laptop.

Trading has become very popular all around the world because of it's flexibility,

Let's first understand, how the trading Market works, In trading, you have to buy and sell stocks or anything more frequently than the share market, like if you buy stocks in the morning then you can sell them in the evening if you get some profit on them.

Generally, there are three types of trading,

1- Intraday trading: In Intraday trading the timing of buying or selling stocks is very less, a trader should not hold the stocks for more than 1 hour, trader will have to buy and sell in just a matter of minutes. 

2- Day trading: Day trading allows you to hold your stocks for one day, not more than one day. 

If you want to invest in day trading then you will have to sell your stocks within the day. 

3- Swing Trading: For traders who want to hold their shares for a long time like several weeks or months, then swing trading option is perfect for them, buy stocks and wait for the right time to get good profit through swing trading.

Trading is considered to be buying or selling stocks in a short period, that's why it's a bit different from investing. 

If you want to know which is riskier trading or investing, then honestly trading involves higher risk as comparison to investing, because in trading you don't have much time to contemplate everything for making a good profit, but doing proper trading with knowledge and a little bit experience then you can make up to millions from trading.

Now, that trading is becoming popular all around the world, then you can start your trading just by using your phone, there are many platforms are  available to do trading, 

Let's look at the best 5 apps to start trading. 

1- MI finance: It involves commission-free trades with automated investing. 

This app is good for both medium and long investors. 

Easy to use with amazing features.

2- Wazir X: Wazir X is one of the best for Bitcoin and cryptocurrency investors, it is safe and secure with the least commission for start trading.

3- CoinDCX: It is one of the largest and safest platforms for trading, if you are a beginner in this trading field then o would recommend you to go with CoinDCX for higher security.

4- Zerodha app: Zerodha app is available on the play store, it is a trading app with trusted transactions and offers, Brokerage fees are also very less on Zerodha app in comparison to others.

5- Upstox: If you don't want to spend any fee for starting your trading journey then go with upstox, it is a free app for trading, just open your account and start your trading journey, available on the Playstore for android and IOS.

These are some of the best platforms for trading.

About the post:

In this post, I have shared information about trading and why it is one the best way to make money in 2021 because you don't have to make any big investment to start trading, just use your phone and gain some knowledge before starting a real trade, there are 3 types of trading available choose your best fit type for trading, you can also check these platforms, I have mentioned earlier like MI finance, Wazir X, CoinDCX, Zerodha app, and Upstox.

Before doing a real trade do a proper research and gain knowledge, don't go in a hurry because trading requires patience and strategic mindset to get a good profit from it.

If you find any difficulty or mistake to understand this post, feel free ask me in the comment section or contact me through email.

If you like this post, please share it with your friends and colleagues and, do tell me in the comment section that which trading app is best according to you?