They say Experience is the best teacher but often expensive......
So if you like to gain experience join some broking firm and start trading with other's money
if you want to trade and learn with your own then be prepared for any mistakes you might commit and never panic.
Trading cycles go up and down. Be calm, Take some precaution, Invest in fundamental stocks, and there you go u make money.
Certain stocks irrespective of whether market is bullish or bearish are good on long term.....Look at it in this perspective Today you can do day trading make like 500-1000 bucks if 1 day u lose it hits hard....
alternatively u invest in stocks whose fundamentals are good hold it for a while and then sell u can make better money.........
I used to be a day trader,but i figured out that i wasn't making much money at the end. 1 bad day can cost 10 or more good days, Then i started putting money on long term stocks and they started yeilding the results.....
I still consider myself as a short term investor investing upto 3-6 months and expecting results of 10-15% but when i analyze it i figured that if i were to hold the stocks for more time i would have gained more......it could have been otherwise as well......since markets are very volatile with time.
Investing in Fundamental stocks is 1 lesson i learnt which really really paid me off.