How do I start Learning Stock Market Trading?

Everyone wants to know "How do I start learning stock market trading" so here is your guide.

Tips on Learning Stock market Trading For Newbies 

Stock market Trading 

We know your question is "How do I start Learning Stock Market Trading?", but before answering that we will answer you what is stock market so read below.

What is Stock Market?

Stock Market is primarily about buying or selling shares from a trader to a buyer of publicly traded companies. Includes companies such as Tesla, Microsoft, Aaple, IBM, Amazon etc. 

In this world of uncertainty, everyone needs a stable and secure system to secure their future. Stock market learning through articles, books, videos, etc. It will help you gain the knowledge and skills needed to start your investment in the stock market.

Ways to Learn Stock Market Trading

Here are simple tips for learning stock market Trading.

1. Learning stock market trading by Reading Books

It is true that books are a very good source of information and people who are interested in the stock market should make a habit of reading stock books, trading, investment strategies, etc. 

It will give you a better understanding of how the market works. Books are more expensive compared to reading classes, seminars, and educational DVDs sold worldwide.

2. Learning Stock Market Trading by Taking Online Lessons

It would be a good choice to take online courses, attend meetings, or live classes. It will provide an understandable look to the entire market and specific types of investments.

Many websites offer online courses on stock trading, according to your need, you can choose any course. Some meetings are free, and some are free, which will be of great benefit to you.

3. Learning Stock Market Trading by taking Advice from Those Close to You

It is always a good way to follow any professional or family member who has a better understanding of the stock market. 

You can get guidance and information about stocks and investments as well as other trading strategies. 

A good advisor will answer all your questions, market doubts, and keep you motivated when it comes to investing in the stock market.

4. Learning Stock Market Trading by being Updated

Many websites like Yahoo Finance, The Economist, and Google Finance will provide you with regular updates and information for new and old investors.

 New investors in the market get a lot of information on current headlines and articles about market trends, expert analysis, and new ideas while others like information from charts, graphs, etc. details about the business and shares.

5. Learning Stock Market Trading through online Paid Subscriptions

You can also view other paid subscriptions for research and commercial ideas. Paid subscriptions will provide you with personal training, training, and counseling. 

Some may find it by looking at or by looking at other market experts, on the other hand, others will like to apply the lessons they have just learned for themselves.

6. Learning Stock Market Trading by Get used to Trading software 

Try to practice trading using a simulator. This feature is available on many online retailer sites. 

This software will allow you to simulate real buying and selling stocks using real money, so this is how this game works. 

Once you have acquired the basic knowledge, you can start spending real money.

7. Learning Stock Market Trading by opening Your Account

You can also look for a good online stock broker and open a Demat account. You can go to a provider of simple trading tools and get acquainted with how they work.

8. Learning Stock Market Trading by Seeking Expert Advice

It would be a good idea to immerse yourself in some advice from experts. These experts will assist you with planning and investment solutions. You can watch some videos or download any business plan that will help you with expert advice.

9. Learning Stock Market Trading by   Analyzing the Market

Regularly analyze the market and how it works. Updated with current news and trends sharing market activities. Observe and see how the market reacts to each event.

10. Learning Stock Market Trading by Success of other Professionals

You can also improve your knowledge by learning about successful investors. You will know about their vision, inspiration, and appreciation.

The tips above will help you familiarize yourself with the stock and trade. Don’t get confused it’s very easy to learn, you just need to focus on your strategies and skills about the stock market Trading.

Importance of ethical behavioral finance in learning stock market Trading 

You may or may not have encountered the term ethical behavior finance, it is about the study of people making irrational financial decisions. 

I mean what drives most of our financial decisions in the stock market, There is nothing but greed compared to fear. You buy something because you are greedy and you sell something because you are scared. 

While your decision to buy or sell may be sensible or sometimes confusing, a combination of your attitude and your knowledge of the teachings you can find in books or any financial journal.

Now the easiest way to learn to read the stock market is like this.

1. Its pure thinking or I would say a rational idea that drives prices up or down rather than just a change in financial numbers.
2. Select or Identify the categories and business you understand, say from Food & Beverages business to Software Services or Automobiles or Steel or Pharmaceuticals etc. 
3. Once you like any business or understand it a little bit, you can see what drives sales, profits, top line or bottom line in business. For example the cost of Research and Development is much higher in the pharmaceutical industry than in the Services. 
4. So choose or choose 2-3 businesses or sectors that you understand a little. Try and understand what drives these sectors socially, economically, politically, legally and globally.
5. Identify the top 5 companies in each category in terms of market finance (market share price * Market Price). 
6. Begin to analyze or study their pricing methods and quarterly numbers and major announcements made to their quarterly or annual numbers that may cause significant fluctuations in their stock prices
7. Aquire's basic information about various financial bottles such as profits, sales numbers, top title, bottom lines, dividends etc. to understand their effects on company price
8. Start building an investment portfolio or trading in the stocks of these companies. Even if you start with a large sum of Rs 5000 you can sell or buy 1-2 shares of the companies you are following.

The most important parameter is that the results influence your buying decisions are your feelings about your money and no emotions are attached to any paper trading or stock simulation games. 

That's why I advise you to trade with your money, no matter how small because when you invest your money / big money it creates greed and fear that plays a more important role in sales than any other financial or basic parameter.

7 best books to read for learning stock market Trading 

You may read these books to enhance your knowledge about stock market:

1. Buffett: The Making of an American Capitalist - Roger Lowenstein
2. One Up On Wall St - Peter Lynch
3. Reminiscences of a Stock Operator - Edwin Lefevre
4. How to Make Money in Stocks - William O’Neil
5. Market Wizards - Jack Schwager
6. Trade Your Way to Financial Freedom - Van Tharp
7. The Intelligent Investor - Benjamin Graham

Basic steps to follow before starting to learn and practice stock market Trading 

There are some simple steps you need to follow:

1. Open a Demat account (My recommendation is: Retail & Upstox).
2. Start Reading - Read the newspaper and share books related to the market & Read articles.
3. casually follow the stock market and look at the market daily.
4. Watch Market-related news channels: CNBC, bloombergs-TV is another way to present yourself in the stock market. So opening CNBC 15 minutes a day will increase your knowledge base.
5. Learn trading strategies.
6. Select the area in which you want to invest.
7. Set a goal / target for how much you want to earn each day from the market.
8. Set the risk factor according to the capital you have invested.
9. Always choose different areas to invest in.
10. Never equate a bad trade every day.

How to Buy Stocks while learning stock market Trading- Step-by-Step Instructions

Below are step by step instructions on buying and selling stocks while practicing stock market Trading.

1. Select a stock.
2. Choose whether you want to buy or sell.
3. Fill in the number.
4. Select the type of your order (Select Market / Limit).
5. Update order and trade place - After completing the basics, a "Place Trade" button will appear to complete the order.
6. After trading, set a target for your profits.
7. Always have a certain financial backup before investing in the stock market as it is not recommended that we rely solely on stock gain.

So these are the principles you should follow when trading on a daily basis. If you follow the above points then you will definitely have a good start.

We hope your question of how "How do I start Learning Stock Market Trading" is answered correctly.