What Needs To Be Done To Learn Share Market
Read Also - Latest Holi Images For WhatsApp || Happy Holi Images For WhatsApp 2024
1. Know the regulator of the stock market
If you are going to step into the stock market, first of all, know that the stock market is controlled by SEBI. The job of SEBI is to protect the interests of investors and provide them with a better platform. You don't need to worry that someone will misuse your money here. Brokers work as per the instructions of SEBI so that no loss is caused to the investors' money. That means, first of all, you should know the basics of the stock market very well so that you do not face any problems in working further.
2. Learn Stock Market Fundamentals
If you want to buy shares of a company, then first of all you should know how to do fundamental analysis. To get information about any company, it is very important to know the fundamentals of the company. You should put more emphasis on learning fundamental analysis. We have included an article on fundamental analysis, go and read it. By learning fundamental analysis, you will learn to identify good and bad stocks.
3. Start Learning Technical Chart Analysis
Every stock has a technical chart from where you can find out the price of that chart. You will have to learn technical analysis, only then you can survive in the stock market for a long time. Only by learning technical charts will you be able to know at what price you have to buy a stock and at what price you have to sell it.
- learn price action
- Learn support and resistance
- learn candlestick patterns
- learn chart patterns
- learn trend lines
All of this comes in technical analysis. If you become a master in these then the share market will become easy for you. If you are interested in trading then you must read our article on Trading Kaise Sikhe.
4. Become adept at reading candlesticks
Candlestick charts are most commonly used in trading and investing. You will have to learn all the basics and advances of candlestick. By becoming an expert in candlestick, you will learn to read the sentiment well and you will be able to invest in the right sentiment. If you master only candlestick in technical analysis then believe me you can make good money only with candlestick.
5. Practice in Live Markets
The best way to learn the share market is to spend time in the live market. We will not ask you to read stock market books because bookish knowledge is of no use in the stock market. You should only practice the live markets so that you can get a feel for how things work. You can learn why prices rise and fall from the live market. There is no greater teacher than the market. No one can teach you what the market can teach you. The market is open from 9:15 to 3:30 in the morning. Take time to watch the market going on and keep writing what you learn in a diary.
6. Learn from successful investors
You should know which people have achieved success in the share market. You can learn a lot from the stories of successful people. The names of Warren Edward Buffett and Rakesh Jhunjhunwala are among the most successful investors. There are many successful investors but you will get a lot of information about both of them on the internet. You can learn from the stories of these people through what circumstances they have made themselves successful.
7. Start with paper trading
Newcomers should not start trading in the stock market all at once. For this, first of all, you should use paper trading. Paper trading does not involve your real money. If real money is not invested then you will not need to be afraid of risk. Now you can buy or sell shares in the stock market for free, for this you do not need to invest your real money. Some platforms have emerged where you can practice trading without investing any money. You get demo cash in that. You can search on Google for such platforms which provide free paper trading facilities.
8. Study related to the share market
If you are still young and have just completed schooling, then you can also study related to the stock market. For those who want to make their career in the share market, then studies related to accountancy, business administration, and economics will be a good option. It becomes easy for those who are interested in CA to work in the share market. Apart from this, online courses are provided by NSE, you can become a part of any of them.
