1. Learn the Basics First
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Understand stocks, futures, options, intraday, delivery, etc.
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Know how stock exchanges like NSE and BSE work.
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Study terms like bid/ask price, volume, P/E ratio, stop loss, etc.
📊 2. Choose Your Trading Style
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Intraday Trading – Buy and sell on the same day.
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Swing Trading – Hold for a few days to weeks.
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Positional Trading – Long-term holding based on trends.
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Options Selling/Buying – Strategy-based derivatives trading.
📚 3. Follow a Learning Roadmap
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Start with YouTube channels like: CA Rachana Ranade, Pranjal Kamra, Neeraj Joshi
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Read books:
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“Trading for a Living” by Dr. Alexander Elder
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“Technical Analysis of Financial Markets” by John Murphy
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Practice using paper trading apps (like Sensibull or TradingView).
📈 4. Learn Technical & Fundamental Analysis
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Technical: Use charts, candlestick patterns, indicators like RSI, MACD, Bollinger Bands.
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Fundamental: Analyze company balance sheets, earnings, future plans.
🧠 5. Build Psychology & Discipline
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Control greed and fear.
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Stick to your strategy.
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Accept small losses—don’t chase the market.
📉 6. Use Risk Management
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Never risk more than 1–2% of your capital in one trade.
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Always set a stop-loss to protect your capital.
🔁 7. Start Small and Review
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Begin with small capital.
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Record every trade—why you entered, why you exited, profit/loss.
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Learn from mistakes and refine your strategy.
✅ Bonus Tips
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Trade only when the market is clear and trending.
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Avoid trading based on tips or news alone.
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Stay updated with market news (Moneycontrol, Economic Times, etc.)
BEST
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