In today’s time when everyone is thinking of earning money online, the stock market i.e. trading has emerged as a great option. But when you have only 100 dollars about 8000 rupees, then the biggest question is whether trading can be started even with such little money. The answer is yes, absolutely, you just have to be a little sensible and patient. Below we have explained everything step by step in a very simple and vernacular language.
1. What is day Trading.
Day trading means buying and selling a stock within the same day. I bought it in the morning and sold it in the evening. Its purpose is to make a profit from small price changes throughout the day. Money can be made in it quickly but it can also run as fast.
2. Why it’s good to start with less money
If you’re new and have just 00, this is the perfect amount to start with. It’s like your tuition fee. Even if there is a mistake, there will not be a big loss, but the learning will be very big.
You should choose a platform that:
- takes less charge
- supports small trades
- runs well in both mobile and laptop
In India, you can start with apps like Zerodha, Upstox, Angel One or Groww. If you want to try your hand at international trading such as crypto or forex, you can use eToro, Binance or Robinhood.
3. Which market to trade
There are several types of markets to trade:
- stock market in which you buy and sell shares of companies
- options trading in which there can be big profits in less money but there is also a lot of risk
- crypto trading which goes on day and night and can also start with small amounts
- forex trading in which you trade with the currency of different countries
READ ALSO: Trading: forex vs stocks:Which is Better for Beginners in 2025?
If you are brand new, it is better to start with the stock market first.
4. What should be the right strategy to trade?
Trading without a plan means driving without a break. So make a simple but effective strategy from the beginning. Like:
- Do only one or two trades every day
- Choose the stock in which the movement is good throughout the day
- Try to have an idea of when the price will go up and when it will go down
- Learn to see and understand the chart
5. Ways to Save Money and Avoid Losses
- Never put all the money in a trade
- Make sure to put a stop loss in every trade i.e. if there is a loss, decide how much to stop in advance
- Whenever there is a loss twice in a row, stop trading and think where the mistake was made
- Do not be greedy after getting the profit
6. Practice first, then put real money
If you want, you can practice by opening a demo account initially. Many apps and websites such as TradingView, Zerodha Kite Demo etc. offer this feature in which you can learn trading without real money.
7. How much can be earned from 00
This is the biggest question, but the answer should be a little real. If you earn even one percent profit every day, then in a month you can increase 20 to 25 percent of your money. But it can have its ups and downs.
8. Learn something from every trade
After every trading day, think about what you’ve learned. What was right and what was wrong? Write down your trades in a notebook and repeat from time to time. Gradually your understanding will increase and you will start taking better decisions.
Important tips to always remember
- Never trade by borrowing
- Don’t blindly trust people who appear on YouTube or Instagram
- Do your own research and trust yourself
- Read daily market news and understand what news can have an impact
- Don’t expect to be an expert at once
9. How to manage risk
Risk management is very important in trading. Below are a few simple things you can do to prevent it:
Never put all of your money in one trade. Always put only ten to twenty percent of your capital in a trade
Stop loss and set the target in advance so that the loss is not too much
If there is a loss two to three times in a row, stop trading and think again and plan
Review your trades every week and see what you did wrong and what you did right
Do not trade without research in new or unknown stocks
Do not trade emotionally, decide by logic.
READ ALSO: Complete Guide to Risk Management in Trading: Protect Your Capital Like a Pro
Conclusion
It is absolutely possible to start day trading with 0 but patience, planning and willingness to learn are the most important in this. If you think you will become a millionaire in a week, it will not happen. But if you keep learning something every day and keep moving forward with small steps, then in the coming months you will start earning well. Trading is not a gamble, it is a business and it should be done with the same thinking.
So what’s the delay now? Learn first, then trade thoughtfully. Work hard and see how gradually your small money also starts becoming big.
Disclaimer:
The information given in this article is for educational and informational purposes only. We do not provide any investment advice. Investing and trading in the stock market, including day trading, is risky. There is also a risk of losing money. Consult your financial advisor before making any investment decisions. Think carefully before using the information given in this article. The author or publisher will not be responsible for any financial loss.
