Hye everyone
Hope you all are doing great
So today i am here to introduce you all as to how as a beginner one with the help of some basic resources can do trading .
Here is the list of things for beginners -
1.With proper knowledge -
Yes you heard it right .
Not just basic knowledge trading but also about latest stocks ,its ups and downs,can help alot in trading .
2.Set aside funds -
Take full consideration on how much risk can one bear before choosing a particular stock for investment,set aside funds for that ,as it may or may not happen .
3.Time -
Its a time consuming process to watch over the rise and high of stocks so make sure we take out time for it.
4.Commitment -
It is not a one day process its a long time , regular and consistent work to have a watch on market ,rise ,fall of all shares ,etc
5.Start small -
Dont invest alot of money in the very beginning keep the amount slow ,watch and learn and then slowly invest more .
6.Buy reknowned stocks -
It might be costly but invest in the ones that can yield you something as a return in future .ex (tata or reliance shares )
7.Be realistic about profits .
8.Dont lose your cool as it can sometimes be frustrating doing all the things at the same time ,but be patient .
9.Read economic times ,watch news on stocks ,keep up to date .
Hope you guys like this article and find it insightful .
Stay safe
Stay at home
Thanks .