You can also search and follow people whose content you can understand easily and is interesting to you.
2. Read books, search on YouTube for what books to read for trading
3. Learn about trading apps, how the app works which you are using for trading.. how to book a trade and how to sell it.. and all the basics.
4. After getting some understanding start paper trading, there are many apps for this start this while you are learning you concepts and test them in paper trading
5. After you get confident about your work then start by small trades..
6. There are movies and series on stock markets and trading so whenever you feel demotivated watch movies.
Currency: huge liquidity, but not fully legal in India
Commodities: Avg liquidity and volatility
Everything is available on the internet for free.
My plan to start learning :
Surf the browser and YT, Go through different pages and channels.
Sort out what are all the playlists they are explaining about.
Make a note of the list and have a plan
And finally surf the internet again for each and every topic of your list, you will get multiple pages and videos, thereby you will get a clear idea about each and every topic.
Study and learn each and every concept in different approaches and finally you can create your own strategy by that knowledge.
PRACTICE IS IMPORTANT
40% learning
60% practice
The more you practice the more you become accurate in taking trades and be successful. Practice is the key
It takes lot of time..but in the end..it pays off!!!
Learn about Market structure, liquidity, order blocks, imbalance/fair value gaps. Understand how accumulation, manipulation and distribution takes place in the market. Price action is already included in these concepts. Then observe and practice. U can tap my name and see how i predicted yesterday about today's market if market opens gap up and same thing happened. The best approach is Learn then earn..
This is shared yesterday in my timeline n also said that in case of gap up, big rally will take place and it happened. It's all about learning and technical analysis.
First learn about trading start selling and purchase single share and then go for YouTube,read books and so on… not day one but it take time to make your profit countable
Options premium doesn't behave like the stock price; if the stock price increases by 1 Rs, that doesn't mean the option premium will increase by 1 Rs.
There are a lot of elements that affect the option premium, such as underlying price, option Greeks, time value, volatility, and interest rates.
Many people will tell you that in option buying, risk is less, and profit is high. Do not get attracted to this.
Options are introduced in the Indian market for hedging purposes, meaning risk management. So, use them for risk management, learn it properly, do live testing, and only then start trading.
You can learn about risk management from anywhere; just search on Google, or you can try out Derivative Trading Academy.
Before enrolling in the course, make sure to check reviews and gather other relevant information.
