What are the necessary things a beginner has to know,to trade in share market??

Question

What are the basic requirements and necessities?

Is there any good sites for beginners??

Answer 1

Basic Requirments



(1) 2 photo



(2) Cancelled cheque leaf duly signed by u



(3) Pan card photo copy



(4) Add Proof : DL, PP, V Icard ,.Ratin card etc.......



My yahoo id is shalex_cochin009

Answer 2

You will lose money at some point and if you give up then and there the money is lost for good. If you stay in and learn from your mistakes however you will become a seasoned trader. Just going to tell you though you have a better chance at making money as an investor if you are just starting out because a year of luck of the draw trades as opposed to a year of solid investments will not likely make you more money. Buy stuff and stay in for the long haul (1-3 years, then re-evaluate and see if you want to do more). Maybe dedicate 20% of your stuff to day trading if you really want,but it is risky so only do so if you are comfortable losing that much. I say 20% because if you are starting out I am assuming 20% will be about 1k and that is about the minimum you need to make day trading even slightly profitable.



Go to options though if you have the chance and funds and time to learn because they are "safer" and have considerable unknown upside coupled with a set downside.



Remember you have never really made nor lost money until you hit the sell button and someone buys it from you.

Answer 3

Binary options let users trade in currency pairs and stocks for various predetermined time-periods, minimal of which is 30 seconds. Executing trades is straightforward. The system uses user-friendly interfaces, which even an 8 years old kid, can operate without having to read any instructions. But winning trades is Not easy.

Binary trading is advertised as the only genuine system that lets users earn preposterous amounts of money in ridiculously short period of time. Advertisers try to implicate as if you can make $350 every 60 seconds; if it was true then binary trading would truly be an astonishing business.

However, does it make any sense? Can every trader make tons of money in binary trading? Who is actually paying all the money or the profit to traders?

The first challenge is finding a trustworthy binary broker; secondly, you need to find a binary trading strategy, which you can use to make profits consistently. Without an effective trading strategy, there is no way you can make money in this business.

Learning a profitable trading strategy is possible, You should watch this presentation video https://tr.im/03f02

It's probably the best way to learn how to win with binary option

Answer 4

Things You’ll Need:



-Computer

-Internet connection

-One 21 inch Monitor, to have 24" is best

-Charting software

-Indian Stock Market End-of-Day Data feed



If you are Indian national residing in India or Nonresident Indian then you need to get PAN card. This is mandatory first step to be done so you can be eligible for next step. Many bank branches all over India accept PAN card application forms. This procedure can take up to a month.



Step2 Subscribe to a trading account with one of the major online broking houses. Prominent ones are IndiaBull, IndiaInfoLine, ShareKhan and Reliance money.

Join NSE BSE Stock Tips FreeTrial at http://www.arthsutra.com/arthsutra_Membership.html



Step3 Some brokerage houses provide their own charting but they have very minimal features. Get decent charting software like Metastock, EasyChart or Amibroker. Subscribe to an End-of-Day data feed from esignal or many other available.



Step4 Now major challenge starts is to learn trading. You can read books, join online charting communities, blogs, membership site or get into a mentorship program. Start paper trading the stock market with full diligence as if you are trading real money.



Step5 Keep track of local economic news and demand supply equations in different sectors of economy. Keep track of Government monitory policy decisions and Reserve Bank of India meeting outcomes. Also keep track of major global event and economic conditions.



Step6 Once you are comfortable with all above steps you can start trading with real money. Be diligent about bet size and stop loss point. Develop a methodology which suits your personality style and statistically back tested for good risk to reward ratio. Happy Trading!!

Answer 5

Quite a lot.



Always remember: You could potentially lose all your investment if you are not prudent and not do proper research on the companies that you are investing in. So, in essence, be prepared for the worst. The younger you are, the more risks you can take.



Markets sometime are extremely volatile (as indicated by CBOE VIX). So, if you are a short term investor, be prepared for a potential rough ride. In general, invest for the long term.(3 years or more).



Diversify your portfolio.



Look at valuations of companies and not what your friends or some guy on the internet says. Do your research yourself. Go with the company results, results of peer companies and your gut feeling.



Set realistic targets and limits for buying/selling (such as stop loss and limit orders)



Most importantly, paper trade first for several weeks using different strategies and see how your portfolios perform.



Also look at mutual funds and derivative trading such as options.

Answer 6

The secret word of trading success is "organized". You can't be successful without a strategy, a plan and some kind of technological support. I use a software called "autobinary signals" that is helping me a lot. There are plenty of them on the market. I recommend this one because it's very easy to use (you don't have to be an expert or have special skills to make money with it).



Check it out here. It's worth it: http://tradingsignal.toptips.org

Answer 7

Pls stay away from short term trading and live trading. Its very easy to lose so pls be careful. Simple rule +/- 10% if you are up 10% book profit or if down 10% cut short your loses. Good Luck

Answer 8

You must have PAN card to open a trading account with one of the stock brokers like icicidirect, sharekhan, reliancemoney etc., If you are young, you can invest upto 30% of your savings in the stock market in stages. You can even start with Mutual Funds and then investing in equities. It is better to diversify in various sectors instead of picking a single stock. I suggest you can visit, http://www.sharetips4u.info for more tips, as I found it useful.

Answer 9

the best trading software http://tradingsolution.info

i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.

if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.

Answer 10

We are a franchise of a Share Brokerage house in Mumbai.



In our case the DMAT accounts are opened directly with Brokerage house and not from us. Our brokerage house provides minimum account opening charge, low brokerage rate etc... and no annual fees for account maintenance.And we also provide u a latest Trading Software freeeeeee.



If you are interested please send a mail to

[e-mail]

or call - 09819705121 (Mukesh Chaturvedi)

Thanks

Answer 11

begin by reading and practicing



try http://www.khelostocks.com



you can get tutorials, market news and practice trading with virtual money.

Answer 12

.loss bearings capacity

Answer 13

u must know calculations, accounts, u must have interest in that n u must have knowleadge in that