How can I become a self-taught stock trader?

Table of Contents Toggle Stage: 2A small piece of advice from us Whenever you start learning something, it demands a lot of attention from you. It is also true about the stock market. Be it self-taught or learning from a class whatever the case, stock market learning success depends entirely on your own efforts given to it. You need to learn from basic to advanced level details about the stock market to be a successful trader. Now, if you are trying to acquire knowledge by yourself you can divide your learning into two stages. In the first stage, you should prepare yourself by learning theoretical details and then you should start learning practically about the market which can be included in the second stage. In the second stage, you need to have first-hand practical knowledge about the daily operations of the market i.e how to do actual trading. There are different types of trading- Swing, Intraday, Scalping and many more.  Decide which type of trading you want to do. You can start your trading journey by reading books. Many books are available on trading like ‘Bulls, Bears and Other Beasts’ by Santosh Nair, ‘Stocks to Riches’ by Parag Parikh, ‘One Up On Wall Street’ by Peter Lynch and many more. Choose the appropriate one for yourself. Initially start with the easy basic ones and then gradually promote yourself to the next level of reading. You can also use the internet to learn about trading. You can take suggestions from YouTube videos about trading but do not entirely depend on them.  Check their credibility and research success before taking your final call. You cannot learn proper trading only from a 2 hrs webinar or a video.   Try different indicators and try to apply them in actual trade. Try to identify different types of charts like candlesticks and others. Try to read and interpret them.   You need to get more and more exposure and thus experience. So that when you start your actual trading journey you can make your own strategy and manage your risk to its highest level. Stage: 2 This phase of learning should include the practical knowledge that you need to have to start as a trader. As you already have theoretical knowledge practical learning won’t be difficult for you. But you need to practice more and more to make your trading more profitable.  Practice will help to increase your confidence. No one can claim that he or she has become a successful trader without committing any mistake. So, mistakes are normal. Do not be upset with those. Keep a positive mindset.  Make a journal of your mistakes. Just take a note of each wrong trade you have done. Later going through this journal would be a great help for better risk management.  Try to gather more knowledge about risk to reward ratio, risk management, trading psychology etc.  When trading keep aside your emotions, trade like a machine.  A small piece of advice from usTo be a successful trader it is very important to practice during live market hours.  Trade with a small amount of capital until you feel confident to develop your own trading strategy.  Many have achieved success as a trader. So can you. Just learn from a proper source.For proper stock market learning, you can try free demo classes of Invesmate. We are offering online interactive classes which are very helpful for stock market financial learning. For stock market-related updates, news and suggestions follow INVESMATE on Telegram, Instagram and Facebook.#Have a Happy Trading Journey.

How do we start learning stock market?

Table of Contents Toggle Read As Much As PossibleDifferent Types Of Investors And TradersIdentify Your Key IndustryChoose 2 Or 3 CompaniesRead The Stock Market News CloselyLearn To Study And Use Stock Charts The stock market is a vast and dynamic world. So, it is a wise decision to learn about the market first, then start working here. Otherwise, you can lose your hard-earned money. The best way of learning about stock market is to learn step by step. Read As Much As Possible – #Read Reading is perhaps the best help in your situation. Read as much as possible. But at the beginning go for basic ones. If you start your stock market reading with complicated ones soon you will get bored.  And once you lose interest you will learn nothing despite giving it plenty of time. So, start with easy and basic ones. Different Types Of Investors And Traders – #investors_and_traders There are different ways of trading and investing in the Indian stock market. The Day Trader, Swing Trader, long-term trader etc. Know about these types properly so that you can choose your way.  Decide as per your comfort level. Identify Your Key Industry – #Identify Deciding in which industry you want to invest in is an important factor. Experts always advise learning more and more about the sector in which you are investing. Never go for a stock of an industry about which you do not have any idea. You should know well about your domain of investment. To diversify your portfolio, you need to gather knowledge about more than one sector. Choose 2 Or 3 Companies – #companies Once you have decided upon your investment sector choose 2 or 3 companies from that particular domain and put them on your watchlist. Try to watch their growth in the stock market. Meanwhile, visit their website and use other sources to understand the basic finance, accounting, quality of management etc. to analyze their potential. You may come across some of the companies which are the same in nature but are performing differently.  Try to guess what is the reason behind that. Read The Stock Market News Closely – #Read_News Reading share market-related news is the best way of gathering information about market trends and other updates about the market. Go through your newspaper thoroughly, especially the business page. Stock Market Terminology – #Terminology Get acquainted with different terms related to the stock market. Every word in the stock market has got a different meaning. If you do not have a clear idea about these key-terms you won’t be able to understand the market properly. Learn To Study And Use Stock Charts – #Stock_charts Reading stock charts is not an easy one. There are different types of charts like candle stick charts and many more which indicate the rise and fall of different stocks. By interpreting these charts one can decide whether to sell or buy a stock. These charts and indicators are a very important part of share market trading. It takes a bit of time and concentration to learn to interpret these charts properly. If you have professional help, it will be easier for you to learn about these indicators. Nowadays this help is easily available with many stock market e-learning institutions.  These are the basic steps that you can follow to start your learning process about the stock market. For different stock market-related news, daily updates and knowledge you can follow Invesmate on Instagram, YouTube and Facebook.

শেয়ার মার্কেট-এ কিভাবে বিনিয়োগ করব?

Table of Contents Toggle প্রথমেই নিজে শিখুনশেয়ার মার্কেটে বিনিয়োগ করার প্রথম ধাপছোট্টো একটা পরামর্শ শেয়ার মার্কেট এমন এক জায়গা যেখানে বিনিয়োগ করে প্রচুর অর্থ উপার্জনের প্রলোভন রয়েছে, (খুব বেশি) তবে এর পাশাপাশি যে বিষয়টি চট করে সামনে আসে না সেটা হল এখানকার Risk Factors। যদি কেউ ঠিকমতো না জেনে এখানে বিনিয়োগ করেন তবে এখানে ক্ষতির সম্ভাবনা রয়েছে অনেকখানি। তাই এখানে বিনিয়োগ করে যেতেই পারে তবে তার আগে শেয়ার মার্কেট সম্পর্কে ভালো করে জানতে হবে। (এবং একসাথে) তার সঙ্গে জানতে হবে কিভাবে এখানে সঠিকভাবে বিনিয়োগ করে নিয়মিত উপার্জন করা সম্ভব। প্রথমেই নিজে শিখুন – #নিজে_শিখুন আর পাঁচটি যেকোনো ক্ষেত্রের মতই শেয়ার মার্কেটে যদি আপনি বিনিয়োগ করে নিয়মিত উপার্জন করতে চান তবে তার জন্য প্রথমে শিখে নেওয়া ছাড়া অন্য কোন বিকল্প নেই। আবার শেয়ার মার্কেটের ক্ষেত্রে Volatility এতটাই বেশি এবং এই মার্কেট এতটাই Dynamic যে এখানে আপনাদের শুধু শেখাটাই যথেষ্ট নয় এর সাথেই আপনাদের প্রয়োজন Practical Knowledge -এর।    এছাড়াও শেয়ার মার্কেটে বিনিয়োগ করার আগে আপনাদের শেয়ার মার্কেটের কিছু Terms জেনে নেওয়া জরুরী যেমন- NSE and BSE, Primary Share, Secondary Share, IPO, Mutual Fund, Bonds ইত্যাদি। এছাড়া রয়েছে এখানকার Technical ও Fundamental Analysis এবং নানান সময়ে Market -এ টিকে থাকার জন্য বিভিন্ন Trading Strategies। শেয়ার মার্কেটে Invest করার আগে এসবই আপনাদের কিছুটা করে শেখে রাখা উচিত। শেয়ার মার্কেটে বিনিয়োগ করার প্রথম ধাপ – #শেয়ার_মার্কেটে_বিনিয়োগ শেয়ার মার্কেটে বিনিয়োগ করতে গেলে আপনার প্রথমে প্রয়োজন হবে একটি DEMAT ACCOUNT-এর। আপনার ব্যাংকে যে রকম একটি Current বা Savings Account রয়েছে সেরকমই আপনার শেয়ার মার্কেটে সমস্ত Transaction-এর জন্য আপনার প্রয়োজন হবে এই DEMAT ACCOUNT এর। এখন আপনি অনলাইনেই বাড়িতে বসেই পছন্দের BROKER এর (Through) সাহায্যে ( যেমন- Zerodha, Angel one, Upstock, Grow ইত্যাদি)  নিজের কিছু Basic Details দিয়ে এই অ্যাকাউন্ট তৈরি করে নিতে পারবেন। তারপর আপনার DEMAT ACCOUNT তৈরি হয়ে গেলে সেখান থেকেই আপনি শেয়ার কেনাবেচা করতে পারবেন। ছোট্টো একটা পরামর্শ – #পরামর্শ শেয়ার মার্কেটে Invest -এর ক্ষেত্রে আমাদের সকলের প্রথমেই মাথায় আসে Profit -এর কথা আর Loss এর কথাটা আমরা ভুলে যাই। তবে প্রথমে শিখে তারপরে Invest করলে শেয়ার মার্কেট থেকে যেমন নিয়মিত উপার্জন করা সম্ভব তেমনি না শিখে এখানে কেউ Invest করলে হতে পারে বড়সড়ো ক্ষতিও। সেজন্যেই শেয়ার মার্কেটে কেউ যদি Invest করতে চান (সেক্ষেত্রে আমাদের Advice হবে যে) শেয়ার মার্কেটে বিনিয়োগ করার আগে প্রথমেই ভালোভাবে শেয়ার মার্কেটের খুঁটিনাটি দিকগুলি শিখে নেওয়া দরকার। ( এছাড়া রয়েছে) Short Selling, Trading Strategies, Candlesticks Pattern এর বাইরেও রয়েছে আরো অনেক ছোটখাটো বিষয় যেগুলি ভালো করে জেনে নিয়ে (একমাত্র) তবেই (তার পরই) শেয়ার মার্কেটে নিজে থেকে বিনিয়োগ করা উচিত। এই সম্বন্ধে আরও জানতে Quora -তে Invesmate-এর Page-টি অবশ্যই Follow করুন। Upvote, Comment এবং Share করুন যাতে নতুন যারা Share Market সম্পর্কে শিখতে আগ্রহী আমরা তাদের কাছেও পৌঁছে তাদের সাহায্য করতে পারি।

8 Hidden Facts For Every Stock Market Beginner

Table of Contents Toggle Start Your Journey With A Small AmountDiversify Your PortfolioInvest In Blue-Chip StocksNever Invest In “Free” TipsDo Not Blindly Follow Any News-Based StockInvest In What You Know And Understand BetterReinvest The DividendsFollow A Disciplined Approach Are you a beginner in the stock market? Want to use it as a regular source of earnings? You must know these tricks to make your share market journey a smooth one. Start Your Journey With A Small Amount – #Small_Amount_Investment In any stream of profession, it takes some time for one to be an expert in the field. It is also true about share market. Understanding the market and choosing the right shares for your portfolio requires some time and effort. Until you learn the pros and cons of the market, start with a small amount. It will limit your losses. It would be better if you invest only in 1 or 2 high-quality stocks while starting as a beginner. After some time when you feel confident enough to develop a good understanding of the market and make your own strategy then you can increase your amount gradually. Diversify Your Portfolio – #Multistock It may not be exciting but the safest way to start your journey. Put your money in different stocks of different sectors. It reduces the risk. Diversification would save your portfolio from losses. As there are different types of stocks in the basket if any of them does not perform well it won’t hurt the overall performance of the portfolio. On the other hand, it will actually improve your overall returns. Invest In Blue-Chip Stocks – #Bluechip_Stocks Blue chip stocks are typically well-established and financially sound companies. They have operated successfully for several market cycles and have reliable earnings. That’s why it is considered to be a safe investment. So, while you are beginning, it is better to invest in safe blue-chip stocks. Never Invest In “Free” Tips – #Avoid_Free_Tips It’s your hard-earned money and you are the best one to take care of it. Do not go with some hot tips or advice given by someone else. We often get influenced by our neighbors or relatives when buying stocks. It may backfire. You know your own risk management ability and only you know how far you can go with it. So, you will be the best person to judge and act accordingly. Do Not Blindly Follow Any News-Based Stock – #Avoid_Atock_In_News There are some stocks that have some attention catching activity and are in the news for a while. It is always advisable to avoid those stocks. These stocks become hot stocks because of the buzz created by news media. There are chances that these stocks actually may not have the potential to do well in the future. It is often observed that the stocks which were apparently boring are performing remarkably. It would be better if you choose a stock or fund which have performed considerably well over a period of time and has the potential to do better in the future. Invest In What You Know And Understand Better – #Invest_In_Known_Sector Never invest in an industry that you do not understand at all. If you do not have any knowledge about the sector you are investing in, you won’t be able to analyze and interpret its potential. You cannot guess where it can land up in the near future. And that can be disastrous. So, invest in a business that you understand and know well. Reinvest The Dividends – #Reinvest Reinvesting your dividends allows you to buy more shares and create wealth over time. By doing so you can increase the value of your investment than simply taking the cash. You can even use a Dividend Reinvestment Plan or DRIP that automatically uses the dividends to purchase more shares of the company. Follow A Disciplined Approach – # Be_Disciplined Discipline is an important factor to succeed in every sphere of life. It is important to follow a disciplined investment approach besides keeping a long-term broad picture in mind. Try to put money systematically in the right shares and stick to your strategy patiently.

Skill or Luck – What do you need to be a share market success?

#ShareMarketLearning It has caused a long debate whether share market success is dependent…

7 money prospects you are missing by not investing in stock.

Table of Contents Toggle Table Of Contents1. Higher Returns2. SEBI Is There To Protect3. Any Amount is Welcome4. Inflation Can Be Defeated5. This Time Prediction Is Possible6. Make Profit In Two Ways7. Easy To Buy & SellFinal Thought Many are scared about investing in stock market because of its risk factors. In spite of those risk factors stock market can give you better opportunities than any other conventional investment avenues like bank FDs, gold or real estate. By avoiding stock market investments, you are actually, missing prospects of growing your wealth. Table Of Contents 1. Higher Returns 2. SEBI Is There To Protect 3. Any Amount is Welcome 4. Inflation Can Be Defeated 5. This Time Prediction Is Possible 6. Make Profit In Two Ways 7. Easy To Buy & Sell Reading Time: 9 mins read Higher Returns – #HighReturns It has been noticed that every 10 years, the interest rate reduces by 3% in conventional investment avenues. So, if you are using only these methods for investment then definitely you are losing good chances to build up a large amount of wealth. The most lucrative advantage of investing in stocks is that it has the potential to generate high returns both in the short and long term compared to other investment roads like Bank FDs. Only you will have to choose them wisely. SEBI Is There To Protect – #SEBI_Protected It is quite an over-discussed thought that the stock market is a place to gamble. But it is only a baseless myth. The stock market like any other industry runs on proper demand and supply logic. The stock market of India is protected by the Stock Exchange Board of India (SEBI). Security Board Exchange of India (SEBI) regulates the stock exchanges, all the operations and norms. SEBI is majorly concerned about protecting the rights of all investors and has set regulations according to that. You can be rest assured that your money is at a safe place. It is definitely safer than any half-known agency or organization who are offering you lucrative interest rates and other incentives. Any Amount is Welcome – #small_Amount_Investment Stock market is the only place where an investor or trader can work with any amount as per their budget and choice. It is not mandatory to invest a specific sum of amount every month or every year. An investor with a small amount can enter the stock market and make profit just like a big player with large amount. Inflation Can Be Defeated – #Fight_Inflation The basic purpose of investments is to grow our wealth and protect our future. While calculating this growth we must keep in mind the inflation rate. Ideally, the rate of return on investments would be higher than inflation. Historically, it has been seen that the returns on stock are proven to be able to defeat inflation rates. To fight against inflation in the economy, investment in stocks can be more advantageous than any other investment avenue. This Time Prediction Is Possible – #Plan_Your_Growth In stock market, you can predict your financial growth by understanding the basics and conducting a proper research analysis. But in case of bank deposits, you do not know when the government will decrease or increase interest rates. It completely depends upon the policy and economy of the country. But in case of stock market investment, you can have a clear idea about the growth of your money if you can interpret different market instruments properly to understand the market. For that you need to learn the basic and advanced analysis methods of stock market. Make Profit In Two Ways – #BothwayProfit There are mainly two types of players in the stock market. The first one is day traders and the other one is buy-and-hold investors. The first group makes profit from short-term trends, while the latter waits for the stock price to grow over time. There is another type of investors who prefer a regular stream of cash. They purchase stocks of companies that pay dividends. Those companies pay dividend as they grow. So, you can earn in two ways from the stock market. But in any case, your earning depends on your stock-picking skills. Easy To Buy & Sell – #Easy_Access It is a very process to easy to buy and sell shares in the stock market. Once you set up an account, you can buy stocks in minutes. You can even easily convert the stocks to cash in very small time. But in case of other assets, it may take longer time. For example, real estate assets are difficult to sell. It can take months to sell a property. Final Thought The idea of risk associated with stock market investing makes it more difficult for people and stops them to think beyond the conventional investment avenues like fixed deposits, gold and real estate. But if you learn properly and manage your risk effectively investing in stocks can be the most important value adding instrument for your wealth.

5 Tips to Survive the Unstable Market

Table of Contents Toggle Long term perspectiveTrust yourselfDiversify your portfolioGive yourself timeMoney management Stock Market is going through real turmoil for the last few weeks. The market is dropping every day and causing worries for many. But this volatile situation can also be used as an opportunity if one can avoid disaster. Let’s have a look at how this market scenario can be survived by disaster management skills. Long term perspective – #invest_for_long To survive the volatile market long-term investment perspective is the most effective one. Now, investment for a long time can bear different meanings to different people. For some 10 years or more is long-term, for some 4-5 years, for others, one year is a long- term investment and for a trader may be even a day is long-term. A long-term perspective is a secure way of decision making. It is helpful in every sphere of life.  It is true about stock market too. This helps to figure out the impact of your decisions on the investment plan. Trading is generally considered a very short-term investment option from a few minutes to a few days only. But in a bad market phase if we concentrate on the long-term approach even in trading then we will be able to implement better trades. A long-term approach will stop you from chasing trades and as a result, you’ll be able to spot sustainable trading options. Trust yourself – #be_confident For a chaotic market scenario, you need more precision over choosing your stock. In this situation, you should invest in what you, yourself know a lot about. Do not listen to others. Listening to hot tips may ruin your wealth. Use your own judgment and to reach the right judgment study the market methodically. Right study and right judgment may be the savior light for you to survive. For that, you need to learn about the market from the core. Diversify your portfolio – #multistocks It can be interpreted as an all-time hit trick to survive a difficult market by diversifying your portfolio.  “Do not put all your eggs in one basket”- is a popular phrase in stock market. Invest in a staggered manner into different stocks. Often people fail to choose the right stock as they come into the market without learning. Do not sell your fundamentally strong stocks in a falling market. Quality stocks always help to create wealth. So, wait for the right moment and meanwhile know the market properly. Give yourself time – # keep_patience Do not hurry. Give your decision enough time to sink in. Keep a close watch on the market. Interpret the day-to-day rise and fall pattern of your preferred stock.  Think what would be the impact of your decision. Don’t get nervous overseeing your stock going down. Keep yourself calm. Decisions taken in hurry can be fatal later. If we look at the history of the stock market, we can see that the market will not be the same forever. We have seen it to rise again to its highest. So keep patience. You will get your desired result sooner or later. Money management – #budgeting Investing in a messy market needs precision and planning. Even a low market can be utilized as an opportunity to make profit. But for that, you need to chalk out your investment plan properly. You need to categorize your wealth keeping in mind your necessities. You must have a clear idea about how to deal with your risk management efforts. To create a portfolio with proper risk management instruments you must have proper knowledge about the details of the stock market.

Your submission was successful