Learn Share Market

Stock market is not a difficult subject to understand as you may think and anyone can learn how to trade stocks. There are many options available through which you can learn stock market basics. With sincere and persistent efforts, you can learn stock market.

A question may arise in your mind. Why should I learn stock market trading? You may be a student or a young professional or even retired. Whatever your position or age, you may have few dreams that have to be fulfilled. And for that you need the appropriate amount of money at the appropriate time meaning that you have to start investing. Unless you start to allocate certain portion of your income to investment purposes, you cannot achieve your dreams. It does not mean that you have to own lakhs and lakhs to invest in the share market. Even with a minimum of Rs. 500, you can start investing every month in mutual funds. There are numerous financial assets like equity, mutual fund, SIP, derivatives, currency, commodity, bonds, etc. Don’t get worried if you are not familiar with these terms. You will get to know them during the course of learning.

Investment brings a sort of discipline into your life. In this world of uncertainty, you definitely need a backup plan to have a secured future. When you make investment as your habit, you will get high returns after a certain period of time due to the power of compounding. “Anyone who is not investing now is missing a tremendous opportunity" said Carlos Slim. There is no tomorrow or later when it comes to investing. Any thing in life has a risk factor associated to it and markets are no exceptions. “If you risk nothing, then you risk everything”- says Geena Davis. So depending on your age, income and other factors, you have to take calculated risks for a better future. Each of you will have different needs and goals; market has a solution for all. You may be a risk taker or one who is afraid to take risks; there are financial assets for each and every one of you.

You need not be an expert in stock market to start your investments. Through gradual and systematic learning, you can become an expert in due course of time. As it is said “Knowledge is Power”, reading a lot about stock market by means of articles, books, videos, etc. will help you develop the required skill set to begin your investment journey. There are many online portals too that offer you courses in stock market basics.

Let’s read in detail about the various options available to learn stock market trading.

Learn how to trade stock for beginners:

Take a look at the many ways by which you can learn share market:

1. Read books

2. Follow a mentor

3. Take online courses

4. Get expert advice

5. Analyse the market

6. Open a demat and trading account

Read Books:

Make a habit of reading books on stock markets, investment strategies, etc. By systematic and continuous learning, you can get a grip on the subject. Books such as “Basics of Financial Market” and “A Guide for Intelligent Investment” authored by Mr. Rajiv Ranjan Singh give you a very clear understanding about the way the market functions. Written in simple language, it takes you through the world of investments.

Follow a mentor:

Its always essential to follow the footsteps of a mentor in the chosen field. Get guidance regarding investments and learn the tricks of the trade. A mentor can be a person who has more years of experience in investment. It can be your relative or neighbour or teacher or anyone for that matter. You can get nuggets of wisdom from the mentor as he or she would know the ins and outs of the stock market.

Take online courses:

There are many online sites that provide courses and certifications in stock market trading. If you really want to get an edge over others, join these courses and get equipped with the essentials of stock market.

You can be a trader or investor in the share market. Traders hold stocks for a short period of time whereas investors hold stocks for a longer duration. As per your financial needs, you can choose the investment product.

Get expert advice:

There are financial experts who can help you in your financial planning and provide you with personalized investment solutions. Take their advice to make smarter investment decisions.

Analyse the market:

Always keep yourself updated with stock market news. Analyse the past trends and learn the pattern in which share market functions. Stock market is affected by political, economic and global factors. Look at the way the market reacted to each and every event. For example, take a particular stock and see its performance for a period of 5 or 10 years. By this, you can understand what all factors caused the price of stock to rise and the causes that made it fall.

Open demat and trading account:

Hands on experience in the stock market will give you a better idea. Open demat and trading account and begin investing in a small way. Gradually increase the percentage of money allotted to investments. Try investing in different assets and gradually you will become an expert in investing and trading. Demat and trading account can be opened online easily without any difficulties.