Follow money management. Don't put more than 5k-10k in one trade of nifty/banknifty!! Avoid trading during the last 45 mins on expiry day for the index which is expiring
@guptahari bhai there are couple of videos on YouTube for stock selection. There's also a free Google course on basics of stock market. Just don't try intraday. Focus on longterm investments for now.
@tradegurustock that's correct. But most of the people see those posts of I earned 40k in a day in trading!! And just start thinking it's very easy and lose all the capital!!! I was even surprised when one of the guys replied his age was 14 and his mother won't allow him to call...
suleman-HksIk3EbY replied to Delta Trade's comment
@tradegurustock why are you asking him to get in options? U don't even know him, his balance or his knowledge!! Don't give suggestions like this to newbies.
@guptahari u will need big capital for full time trader. As of now save money from salary and invest in low value stocks with good fundamentals. Later when u have enough money and good practice start trading as full time
If you see the market running, don't panic. It will come back. The moment u think that market is running away like a rocket and u missed it, just wait. Else it will reverse the moment u will make entry!!
The premium must be high when u bought. Better to wait for a small green candle when u want to start. And don't put full amount together. If the price goes down buy one more lot. And wait for it to go up. If it still doesn't work exit with a small loss