Warning! It’s gonna be a life-changing read for you if you are:
- Still, looking for ways to earn side income at ease?
- Passive income is your ultimate goal?
- Looking for quick riches?
3 problems, one solution: Invest in Trading.
Well now you must be wondering there are numerous ways to achieve the aforementioned objectives, but why trade?
Wait I am gonna walk you through each detail in no time just bear with me.
Table of Content
So firstly why trade?
In the aftermath of a nerve-racking pandemic hits, it’s a no-brainer to have a side gig to earn some additional dollars for emergencies else for life indulgences, because why not?
During the pandemic, there was a significant increase in online trading and freelancing accounts since they are the most convenient stay-at-home possibilities for making extra bucks.
Let’s begin with the freelancing option for side income first.
How to begin freelancing:
- Learn some in-demand skills.
- Hunt the right platform to offer your services at
- Make an impressive profile to pitch clients
- Consistent online presence to hunt potential clients.
- Time management to deliver results in time.
- Extra efforts to sustain your Clients
Now along with a tiring daytime job, this list might look intimidating and sounds like way too much effort to put in for a mere side income but that’s how it is, in the freelancing world, the more effort you will put in the more money you’ll make.
Now here comes your answer to “why trading?”.
Trading essentials to begin with:
- Little savings (as low as 5000 with Zafar securities)
- A trustworthy broker
- And Tada! Yup, that’s it.
Trade along a full-time job
All that you need to begin with trading is an online account managed by some trustworthy broker since you want easy peasy side money so brokerage house would save you from research and time investment of learning in-depth trading before starting while you want to start it now. All you need is an online account, some savings, and patience.
While it is possible to trade on your own, given that it is a game of utmost concentration, unwavering focus, and accuracy, it is preferable to give it time to learn before taking risks. However, whether using a broker’s strength or your own intellect in decision making, you must be patient to earn money from trading since smarts understand the worth of waiting and the ripeness that patience brings.
Trading, not gambling
A lot of individuals I have met wanted to trade but couldn’t make a final decision because of religious doubts about trading.
Trading is a lot like baking. It’s about competition with other companies to come up with creative ingredients and ways to present a product to the consumer for optimal sales. This ultimately improves the overall health of a company’s stock price which in turn benefits investors. One of the best things about trading is that there is no risk of losing; you either win or will win shortly.
In contrast to trade, gambling is based on luck strokes; you either win or lose everything; there is only one winner and the other are losers. While trading takes place in a market with established rules, each player’s efforts rather than luck are the source of a rise or fall in stock price. This is an important concept to understand in terms of how the economy and businesses work because it is not what a gambler would ultimately attempt to achieve with their conduct.
Requirements for a salaried person to open an account.
Well, Zafar securities have made it a few clicks job for a salaried person to open an online trading account. Watch this video to learn all aspects in detail regarding your very own trading account.
Key Take Aways:
Making extra dollars online has now become simple for Pakistani professionals who have no trading expertise or investment alternatives. Simply using a brokerage house until you master trading will allow you to not only learn trading at your own pace but also generate revenue on the side.
*Stay tuned to discover more about best trading blogs and best trading websites shortly.
Leave a Reply