How to start trading in stock market with zero knowledge?

You don’t need lot of money to learn trading, let’s start with Rs. 100, Rs. 500 or Rs. 1000

Let’s begin steps for trading.

Step 1: Create Demat Account and Trading Account, no need to go to any bank for this, bank will charge more, use any of discount broker, these are few discount brokers

• Zerodha.
• Angel Broking.
• 5Paisa.
• Upstox.

There are many other discount brokers you can take any, they charge very less and can be trusted, they are regulated by SEBI rules, so no need to worry about your money.\

Account opening process may take 2 to 3 days. They will ask for Aadhar Card, Bank Details and Pan Card.

Step 2: Now you have your Trading Account ready, login to the application.

Add Fund to your account, use UPI payment, net banking might be chargeable in few brokers.

Step 3: Learning

Once you are loaded with money in your demat account, and ready to trade. Before that let’s learn how to understand stock price before you buy.

https://www.moneycontrol.com/ you will get all the information on this site, but this site could be confusing for the first time.

Google is the best place just type “COMPANY NAME stock price” and you will have graph for the day, for 5 days, 1 month and so on. You can see if it rising or going down.

Example:

I have used Tata Motors stock price here.

Current Price: Rs. 102.00 for 1 share.

In this picture share price has gone down from yesterday by Rs. 1.80 i.e. 1.73%.

Market keeps on changing, sometimes it is going up and sometime down, to understand this you need to learn about the company you want to invest in, you need to know the fundamentals of that company.

But these things take time to learn. At least a month to start understanding things and to learn it will be taking up to 6 months.

Step 4: Trading

There are many types of trading and basic two ways of trading are,

Intraday: Buy and sell in same day.
Delivery: Buy and sell another day, it could be tomorrow, or 6 month later or 5 years later as you wish.

Now if you starting to do trading start with delivery, my advice is to do intraday after doing 1 year of trading.

Watch YouTube tutorials, read more about company’s fundamentals before buying shares. Find out if it is correct time to buy.

For simple, look at the 5 years graph of stock price, look at the growth of price, if it is rising or going down in years. Watch some news on CNBC awaz or zee business they will be telling important things in news.

Once you decide you buy shares, now when you are buying keep in mind you do not buy just one company share, keep it distributed over different sectors of industries like Banking, IT, Automobile, Healthcare. So that when any industry is not doing bad you won’t be impacted much and your other shares will have growth. This might happen on someday all that shares are going down. But have wait for somedays or weeks for market to recover. If companies’ fundamentals are strong, they will not shut down the company and runaway. It will show growth after sometime.

For more such information visit http://ivikashjha.com/how-to-start-trading-in-stock-market-with-zero-knowledge/