How to Make Money with Stock Market Investment at Home?
Financial options are also among the jobs that can be done at home. You can earn 1-2 thousand TL per month with a micro capital, and it is possible to reach much higher levels depending on your transactions. Today, I will talk about the stock market and making money at home with the stock market.
WHAT IS THE STOCK MARKET?
The stock market is based on the partnership principle of publicly offered firms in Turkey. You don't need to go there or fill out documents to buy shares and enter BIST, the stock exchange in Istanbul. For example, if you use internet banking, you can easily enter the stock market with applications like İş Cep, TEB Borsa, or Matriks. The Istanbul Stock Exchange is open between 9 AM and 5:30 PM.
HOW TO BUY ON THE STOCK MARKET?
Once you enter the stock market system, you can buy shares of companies in real-time. For example, some shares are represented by abbreviations like GARAN (Garanti Bank), ISCTR (İş Bank), THYAO (Turkish Airlines), found with their 5-digit short codes. If you place a buy order, you can buy shares at their current price. Selling can also be learned from the current selling prices in the same way.
HOW TO FOLLOW THE STOCK MARKET?
Stock market data can be provided instantly for a fee by BIST decision. If you want to access publicly available data, the data from web and mobile applications like mynet finans, bigpara, or TEB Borsa will be delayed by at least 15 minutes; you can still follow it. As eveekis.com, our recommendation for following is the Matriks or TEB Borsa application; mobile applications are available in the app stores for iPhone and Samsung Galaxy.
EARNING ON THE STOCK MARKET
There are two types of markets in the stock market: markets where the expectation is for an increase are called bull markets, and markets where there is a decrease are called bear markets. Those who expect an increase wait to sell, while those who expect a decrease wait to buy shares at a low price. Some investors also wait for an increase to sell; you can learn these terms easily in a short time.
EARNING SCENARIOS BY TRADING ON THE STOCK MARKET
How much can be earned with buying and selling, for example, with an investment of 10 thousand TL? You entered with 10 thousand TL, examined a share priced at 5 TL, and predicted an increase. (You can predict this with market data, financial news, and chart analysis).
YOU BOUGHT 2000 LOTS OF SHARES
A lot is one share. When you buy 2000 shares at 5 TL each, your portfolio value will be 10 thousand TL. Of course, there are also buying and selling fees, commissions like one in a thousand; we are ignoring them.
GOOD SCENARIO: SHARES INCREASED BY 3%
The share you bought at 5 TL increased to 5.15 TL. In this case, your profit will be 300 TL. If you sell, you will have a portfolio worth 10300 TL, meaning you have earned 300 TL in one day. There are 5 business days each week. If you achieve an average of 3% daily, you will earn 1500 TL per week, and 6000 TL per month from the stock market, but this is a good scenario.
BAD SCENARIO: SHARES FELL
Your 10,000 TL worth of shares could drop to 9,500 TL with a small decline, in which case you would lose 500 TL. Remember that earning with the stock market is not guaranteed; the stock market is an investment, not gambling; it is a partnership in companies. If you lose, you can analyze the markets and wait. As eveekis.com, our recommendation is to sell your shares and 'cut your losses' if the decline continues, using the stock market term. Cutting losses means taking a loss and withdrawing.
PLAYING LONG-TERM
A solid investor in the stock market plays long-term, meaning they buy a share and sometimes wait for 15 years. You can achieve very serious incomes and reach a point where you can buy a house or a car this way.
HOW TO LEARN THE STOCK MARKET?
If you want to gain experience without trading, you can play the stock market with demo programs, or you can follow shares on sites like mynet finans, bigpara, or hisse.net and build an investment plan in your mind.
