I also made loss of 1L in the beginning. I did intraday, options trading without any experience and made losses. Later I stopped trading and started investing. Today I had a portfolio of shares in 11 companies all in green 😆. I will also futures trading in 2024.
If you are a beginner please don't get into options and intraday. Better invest in nifty 50 stocks which are near 52 week low with small amounts and after getting confidence invest in futures of nifty 50. Nifty 50 has less risk.
😆 on my first day I bought rvnl @ 50₹ and sold it for 57₹ on the same day itself. On first day I made a profit of 56000 ₹. Now I have a regret 😭 because now I missed more than 6,00,000 profit .
And keep on investing 2.5% capital in each stock. If I see my portfolio is red I will buy more shares. I keep on accumulating shares. So investing is best. No need of ...
Invest in ETFs. As India grows at CAGR of 15% it is safe for you. If you invest in stocks don't invest in small cap and mid cap till 1 year because you will definitely lose money. Invest in large cap stocks
@saisneha if you believe in Growth of India in coming decade put money in ETFs and forget. ETFs has a CAGR of 17.8% . Keep averaging it will give even more returns.