What are the steps to learn Share Market?How to start investing? Which is the best website that can help me ?

Question

I want to learn share market,how to invest,buy,sell,etc.What is the first step i should do? I need to understand the concepts from the depth and should know the basics atleast to the core. I am from India and i would be most interested in learning the BSE things.How to i get started with this?

Answer 1

hello,you can find many sites on internet that can provide you knowledge by searching on google. your first step is to take knowledge of share market through by reading share market knowledge books all are available in Hindi language ,and always spend some time on internet to get knowledge of share ,there are few things you must know these are followings :_

1 learn fundamental analysis.

2 learn technical analysis.

3 always keep and eye on that x company share you want to invest.

4 purchase at good time and good price and and do competitive analysis.

5 don't invest in future and options,commodity,Forex,and don't take fake sites subscription they do fake promise to give you many good returns.

6 don't purchase that share if you watch on tv and they say you purchase this only do when you want to invest after studying of share.

7 there are few good lines is when you invest money then invest in company filed not in share.means suppose if u invest in suger industries is not good for invest but sometimes share looks good. and one more thing is said buy a share like that you want to gift that share to you son,daughter,or wife.

8 don't purchase fancy and stake shares like gitangali shares(company name )

9 never panic when share price go .

10 invest for long term

11 try to become trader(daily busy and daily sell ) not investor(purchase today and sell after sometime)



so i short first take knowledge , then watch on that share minimum time one month ( look how it behave when sensex go up and down )then open a dmat account minimum brokerage on intrday (purchase today and sell today )it is 0.002% to 0.004% on value (if share price is more then 100 then share price* share numbers=value if share price is less then 100 then broker will add 0.004)and for delivery it is 0.20% to 0.30% on buy and on sell also(purchase today sell whenever u want)if you give more then this brokerage it means difnately you will loose money.after all these things when you invest it depends on your luck now your luck will work .best of luck don't be hurry relax and calm down and then invest after few years you will become expert,bye.

Answer 2

I prefer the Bitcoin market myself, the potential gains (or losses of course) are enormous, but do so at your own risk. If anyone were to ask my advice about that I'd suggest buying and holding coins, and only daytrading a very small amount until they knew exactly what they were doing. Of course though the way to get rich through Bitcoin is to get in a time machine, go back to 2009 and buy a load of coins back then, it might gain in value by as much again, or it might not.



Any investing or trading you do is entirely at your own risk and I can't stress the point strongly enough that you should thoroughly research any form of investment before deciding to commit a single penny to it. This of course means getting your information from multiple sources. A lot of people may have got rich this way but just as many have lost money. Much of the money that people have made is the money lost by new investors who try to trade large sums without understanding what they're doing, just as with many other markets. This is why it's best to play with something like £50 first to learn the ropes, that way if you mess up and lose most of it then it isn't a tragedy, it can just be regarded as the fee for your education. However, I expect Bitcoin to substantially gain in value over the next few years, which can make buy and hold a much better and safer plan than the risks of daytrading.



Because you can trade small amounts of Bitcoin and don't need a broker it's a good way to get a feel for how these sorts of markets work, because other markets like shares or Forex are similar in many ways. You don't even need £50, you could practice with just £5. Starting off by trading a million would be stupid because you'd lose a lot of it to more experienced traders who know how to read the market. As for just buying a million and sitting on it, that way you're just holding it until a day comes along when it's worth more than you paid, which will happen sooner or later so long as you don't panic and sell at a loss the first time the price drops.

Answer 3

Hi Andy, Welcome aboard!!.....firstly, decide why you want to be involved in selling/trading stocks. If it's just a hobby, then this could be a deadly proposition. Stock/share trading should be treated as a business since you need to protect yourself out there and know what you're doing, so that you can be comfortable with your decisions and responsible to yourself. Before even looking to start trading, I'd highly recommend that you check out a few books and perhaps enrol into a course or two so that you can network with other people and learn from others mistakes and triumphs. These five books in particular are absolutely awesome and a MUST READ for anyone investing (from the beginner all of the way through to the seasoned investor): Stan Weinstein - Stan Weinstein's Secrets For Profiting in Bull and Bear Markets: - This book focuses upon looking at charts and how to interpret them and uses some excellent examples of how the "30 week moving average" concept applies. Mark Douglas - Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude: - This book focuses upon psychology of trading and how our past experiences can have an influence on our future behaviour. I'm not much of a fan of psychology stuff in general, but this was a fascinating read and an absolute must before placing ANY trade whatsoever. Van Tharp - Trade Your Way to Financial Freedom: - Another terrific book that deals with quite a lot of information in an easy-to-read manner. This book is the absolute best when it comes to "risk management" using a technique known as "position sizing". Robert Kiyosaki - Rich Dad, Poor Dad George Samuel Clason - The Richest Man In Babylon I've also recently seen the recommendations of "The Intelligent Investor" by Benjamin Graham and "Security Analysis" by B. Graham and D. Dodd. Yet to read them myself, but they look good. Once you've read those and you're clear about your goals and objectives (never forgetting to give back to society as a whole too!!), then you'll need to do some research into what strategies work best for you. Be sure to look into things such as share trading, contracts for difference (CFDs) and options. This may all sound scary and risky, but believe it or not, CFDs and options are actually designed to minimise your risk and are actually less risky than owning shares outright (and require less capital to begin). However, do be aware that CFDs cannot be traded in the United States - but options certainly can!! Be sure to take a look around at various strategies and learn as much as you possibly can. You can look at "stop losses", "options", "covered calls", "collars" and "dollar cost averaging" as a few strategies to help minimise risk. Most importantly, you need to find a strategy that fits your personality, risk level and dedication level. Listen to your inner voice and you'll certainly find your true calling. All of the best in your journey, it's a great ride to be involved in. Number one rule though, be sure to be comfortable with whatever you choose to do - you only have yourself to answer to!! Hope that helps!! Cheers!!

Answer 4

Try to understand behavior of market and risk attached to it. Find out level when one should enter in market. Technical study may give some guidance beside the fundamental study. As a second step select one Broker or sub broker for trading.

Books for education of investors are in market.

Answer 5

Hey There.. Lesson No. 1

First and Foremost try to understand these 2 terms :

Going Long & Going Short

(The going short bit is not intuitive)

Answer 6

Visit www,icicidirect.com

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