How to trade in Stock Market for Beginners

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How to trade in Stock Market Beginners
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Want to trade but dont know how to start?

• Millions of novice traders try their hands in the
  stock market casino every year, 98 of them walk
  out with empty hands or very little profit.
• The majority of them have one thing in common
  they forget to learn the basics of the stock
  market. However, if you spend time learning the
  basics of the stock market, it is possible to
  increase your potential winning ratio with time.
• Most of us do Speculative Trading, without
  understanding why the price of a stock goes UP or
  DOWN. Instead, we prefer chasing HOT TIPS or just
  blindly follows the so-called market GURUS. And
  let them make Buying and Selling decisions that
  make no sense.
• But after making all efforts you still no making
  money, every time you go for a BUY the Stock
  price comes down you find yourself at a Loss.
  Someone is keeping eye on you, whenever you trade
  he take all your hard-earned money away from you.
• Every time you try to predict the market, it
  proves you wrong and sucks your money. Don't
  panic if find yourself in this trap. Instead,
  take the self-help route and work on the basics
  of the stock market.

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• Once you make up your mind to make your presence
  in Stock Market, you can enhance your trading
  skills with these FIVE basic steps.
• Open a Trading Account
• Start reading Books Business Newspapers
• Develop skills in Analysing market
• Do Practice Trading The Conventional Way
• Other methods to learn and practice Trading

1. Open a Trading Account I know most of you are
thinking what I am telling is waste of time, but
you never know! (Remember the person who did lots
of  RD and purchased a new car - except putting
petrol in the tank.). Find a good online stock
broker and open a stock brokerage account. There
are lots of websites on which you can compare
online stock brokers and select the one of your
interest. Even if you have a personal account,
it's good to keep a separate professional trading
account. Get used to the account interface and
gain knowledge of free trading tools and research
offered exclusively to you.

• 2. Start reading Books and Business Newspapers
• Financial articles, Stock Market Book, Website
  tutorial, etc. there are so many sources
  available in the market. You have to filter the
  knowledge that is floating around you but don't
  go too narrowly on a single aspect of the trading
  game. You have to explore each corner of the
  market, study each scenario of the market also
  including ideas and concepts you don't feel
  appropriate for this present time.
• Here are FIVE must-reads for every new trader
• Stock Market Wizards by Jack D. Schwager
• Trading for a Living by Dr. Alexander Elder
• Technical Analysis of the Financial Markets by
  John Murphy
• Winning on Wall Street by Martin Zweig
• The Nature of Risk by Justin Mamus

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• 3. Develop skills in Analysing market
• There are two way to study the market
• a)    Fundamental Analysis
• b)    Technical Analysis
• Fundamental Analysis
• Fundamental analysis is basically done for medium
  to long-term investment, also called
  delivery-based trading/investment.
• The main aim to do a fundamental analysis is to
  study and understand the company you want to
  invest in.
• Some technical terms used in Fundamental analysis
  are PE RATIO, PB RATIO, EPS, etc.
• If you are interested to dig deep about
  Fundamental Analysis then comment me in the
  comment box, I'll provide you appropriate
  resources to study the same.
• Technical Analysis
• Technical analysis is all about understanding
  Price Action in the Chart and Data Analysis. You
  may learn how the price goes up and down. How to
  combine Price movement with Volume. There are so
  many permutation combinations. You can learn
  Candlestick Pattern, Market Structure, Volume
  Analysis, Delivery, and Percentage Analysis, etc.
• Let me know if you want to know more about
  Technical Analysis, please comment in the comment
  box, so that I can provide you thorough details
  with appropriate resources to develop your skills.

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• 4. Do Practice Trading The Conventional Way
• Before getting real exposure to the equity
  market, it is always advisable to test the water.
  Shocked! , let me clear your confusion, there are
  hundreds of free portfolio managers available on
  the web. Register a free account with one of the
  portfolio manager. Create a dummy portfolio of
  stocks, you would like to invest based on your
  research. Invest the dummy amount and monitor
  your portfolio for a month to 3 months.
• Now observe the Roller-Coster Ride of the market
  and its Volatility. Your aim is to get profitable
  out of the dummy amount you invested in your
  stock portfolio.
• 5. Other methods to learn and practice Trading
• While gaining self-experience in trading is
  invincible than any other thing. But it's too
  much time taking and your money also. Instead you
  can apply a HACK, yes you heard it right "HACK",
  you can also apply some professional traders
  experience to yourself, it's very much time
  saving and your hard earned money. There are so
  many professional institutes which are providing
  you knowledge and skills but you have to pay the
  FEES. Also there are some professional traders
  who now work as consultant you can hire them one
  on one basis, so that they can share their
  knowledge and experience with you. Just go check
  linkedin profiles, youtube channels etc.
• RISK MANAGEMENT or MONEY MANAGMENT
•  After completing all the above steps, now comes
  the turn of money management. Because Share
  Market is the game of probability. You just have
  to increase your probability of WIN. As
  Profit/Loss is the part of Trading, but you have
  to limit your losses and increase the number of
  profits this is called RISK MANAGEMENT.
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• I'll discuss RISK MANAGEMENT, in the next topic
  if you express your interest, just comment in the
  comment box.

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THANK YOU!