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10 Simple Methods to Learn Stock Market Trading (India) in 2021

Updated: May 4

The most significant advantage with stock market trading is you are the boss of your business, and one 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.

Learn Stock Market Trading -

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 a trading, you will require a "Trading" and "Demat" account. Aadhar, pan card, 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.

Swing Trading

In this trading, traders hold the stocks for a few days. The basic idea is to ride the profits of one complete swing in the sideways market trend.

Positional Trading

In this trading, traders hold the stocks for a few days to weeks. The idea is to get the benefit from the major movement of the trend.

Breakout Trading

Here, traders aim to capture good moves in a short duration.

If you are a beginner, below 10 simple ways are helpful to learn stock market trading.

Step-1: Read Good Stock Market Books

Step-2: Refer to Trading Blogs

Step-3: Finalize a Trading concept after Back Testing

Step-4: Pick the Right Timeframe

Step-5: Understand the Trading Instruments

Step-6: Follow Successful Traders on Twitter

Step-7: Register for Stock Market Online Courses

Step-8: Find a Mentor

Step-9: Take a Break

Step-10: Be Humble and Develop Gratitude

Step-1: Read Good Stock Market Books

“A book is a dream you hold in your hands” – Neil Gaiman

Top Trading Books on Stock Market Trading
Top Trading Books on Stock Market Trading

Amazon has millions of books on stock market trading. A good book will deliver useful information in a simple way. Any book with 100+ reviews and an average rating above 4.0* is a good book as per Amazon standards.

Some of the famous stock market books are ‘Trading in the Zone’, ‘Market Wizards’, ‘Trade like a Casino’, etc. One can check the best top-10 books on stock market trading to elevate their skills.

When you pick up a trading book, please read it in general for the first time to understand the concepts. If the content is good, then reread it and identify the same information on charts.

Now try to identify whether you started liking any forms of trading among price action trading, breakout trading, investment, or swing trading. If you like a concept and suits your personality, go in-depth on the same idea by reading a few more advanced books on the same topic.

One can also read my best-selling book ' How to make Money with Breakout Trading'