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How do i start trading in stock and share markets?

Deevya (Finance Professional) (24 Points)

05 November 2014

How do I start trading in stock and share markets without the help of a broker or agent?

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6 Replies

CA AnKiT BoHrA (AB) (Manager) (25955 Points)
Replied 05 November 2014

atleast once u had to go to him to open ur demat account, then u can take online id and password to do trading on your own....

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Lisa (Finance Professional) (25 Points)
Replied 06 November 2014

The best way of investing in the market is to do your own research, do not trust blindly on what they say on various business channels, most of them is bad advice and will land you into trouble, keep in mind no matter how wide your research is you will still make mistakes, but don't get disheartened, have patience.

There are some time-tested mantras of investment which have always proved right in the long term, these rules were also followed by World's most successful investor Warren Buffet, who is one of the richest person in the world.

Here are the basic rules of investing:

1. Always invest for long-term, the real money is made only when the money is given a chance to grow, do not involve in day trading or short term trading. Think of a stock as you have bought a part of a company and not just a piece of paper or a ticker on the screen. I vesting for long term also helps you save taxes on your earnings.

2. Buy when there is blood on streets. Always buy stocks when there is panic in the market and everybody is selling, it sounds stupid, but that is the only time when you get good stocks at a very cheap price.

3. always invest in companies with strong fundamentals, Read the annual reports of the company, analyse the financial statements of the company. read books on how to analyse financial statements of a company. do not invest till you are fully convinced about the company's health and profitability.

As far as broker is concerned, you cannot trade or invest in market without opening a demat account with a broker, do negotiate your brokerage with your broker before opening an account, beware that there are many fraud brokers in the market, so before trusting someone, it's better to ask your friends about the reliability of the broker.
Hope this answers your question.

To continue your education select some of the following:

Let's get a list of essential books to read for people of all knowledge levels. These don't have to be hardcore academic books or "how to make $$ trading 20 minutes a day" books. I'll start with these:

When Genius Failed - Roger Lowenstein
Den of Thieves - James B. Stewart
The Big Short - Michael Lewis
Barbarians at the Gate - Bryan Burrough & John Helyar
Beating the Street by Peter Lynch
From Riches to Rags, by I.C. Freeley
How to Make Money in Stocks” by William O’Neil
24 Essential Lessons for Investment Success by William O’Neil
The Intelligent Investor, by Benjamin Graham
Common Stocks, Uncommon Profits, by Philip A. Fisher
One Up on Wall Street by Peter Lynch
Stocks for the Long Run, by Jeremy Siegel
The Interpretation of Financial Statements by Benjamin Graham
What Works on Wall Street by James O'Shaunessey
You Can Be a Stock Market Genius by Joel Greenblatt
Your Money and Your Brain by Jason Zweig

Nisha (Student MBA) (33 Points)
Replied 06 November 2014

Open ademat account and start trading.. Might be you incurre loss in first few transactions. Try to learn from transaction you have done. What I think even broker are human beings.. They have learn from experience. And one more things if there tips are so perfect why they ask you to trade instead of taking loan and trade on there own name..Before investing in any stock read all news about it and try to Judge whether is it fine to invest in it or. Read there financials whether they have profit etc.

Stock Tips | Currency Tips | Nifty Tips

Rahul (Finance Professional) (21 Points)
Replied 06 November 2014

First create a portfolio on website like Google finance, moneycontrol etc. these websites help you track the performance of the scrip as well as your complete portfolio on a daily basis. You will be able to understand "what's going on" in your favored companies and the mistakes you might be committing by investing without sound reasoning.

Understand the fundamentals of a company before investing in any of them. You can always pick up an industry which is expected to do well in a particular cycle in the economy and then start with the star performer within the industry. the upside might be limited there but you will get to understand how market works. E.g, Pharmaceutical industry and Sun Pharma.

MCX Tips

pooja sharma (Finance Professional) (43 Points)
Replied 26 November 2014

Today you can earn profits by stock market trading u can try .www.stockforextips.blogspot.in great blog stock market trading stock market tips equity tips commodity tips stock tips market tips earn profits by stock market trading