10 Simple Methods to Learn/Start Stock Market Trading (India) in 2022
Updated: Apr 25, 2022
The most significant advantage of stock market trading is you are the boss of your business, and you can work from anywhere and anytime. Because of these reasons, many youths and working professionals start checking Sensex and bank nifty live in the morning session of the market every day.
The market rewards only the dedicated people, and it punishes all the people who don’t have discipline with their trading. Hence, it is better to explore all the aspects of the share market before taking serious bets.
What is Stock Market Trading?
Stock Market Trading is all about buying and selling shares of publicly listed companies. Some popular stocks in India are HDFC Bank (HDFC), Reliance, TCS, Infosys, SBI Bank, ITC, etc.
Some of the popular stocks in America are Apple (AAPL), Facebook (FB), Microsoft (MSFT), Amazon (AMZN), Google (GOOGL), Netflix (NFLX), etc.
To begin with trading, you will require a "Trading" and "Demat" account. Aadhar, pan card, and income proof documents are essential to open a Demat account in India. This account will be linked to your bank account for online money transfer.
The leading Stock Brokers in India at the moment are "Zerodha" and "Upstox." One has to open an account to start trading (the account opening process is online, and it takes only 15-30 minutes).
As an Indian Trader/Investor, the two markets that you can trade are:
National Stock Exchange (NSE)
Bombay Stock Exchange (BSE)
There are many types of trading. Some are listed below:
Intraday Trading
In this form of trading, traders buy and sell the stocks on the same day. A trader involved in day trading needs to close his transactions prior to the day’s market closure.
Day trading requires high proficiency and skill in the market. Therefore, it is performed mostly by experienced traders.