How to start trading

Shav

New Member
#12
I would recommend you people to trade on the long-term in the beginning of your career. If you will trade on the shorter term then you will get stuck. If you want to learn trading then you have to trade on higher time frames. Saty on the market for a while in the beginning and get knowledge. Thanks!
 
#13
The main thing when you want to start trading is to acquire as much trading information as possible. You can use the resources available fo free online to sharpen your trading knowledge. Forums like this one are also very instrumental. Ensure you only sign up for an account with a regulated broker
 
#14
If you want to start trading, I'll advise that you begin with forex, as it is less complex as compared to Options and cryptos. That doesn't mean its easy though. You have to research thoroughly and getevery basic trading knowledge possible. Choose the right broker and start on a demo account before going live
 

soft_trader

Well-Known Member
#15
If you want to start trading, I'll advise that you begin with forex, as it is less complex as compared to Options and cryptos. That doesn't mean its easy though. You have to research thoroughly and getevery basic trading knowledge possible. Choose the right broker and start on a demo account before going live
Do not go for the so called foreign forex brokers/binary options. First of all it is illegal. Secondly those are not regulated and are like online casinos.
 
#17
If you want to start trading, I'll advise that you begin with forex, as it is less complex as compared to Options and cryptos. That doesn't mean its easy though. You have to research thoroughly and getevery basic trading knowledge possible. Choose the right broker and start on a demo account before going live
Sir, I thought the forex trading is difficult for new traders since it is affected by global news. how to get the news which affects the forex market.
 
#18
Firstly you need to decide whether you want to trade intra day or long term .
Your decision will depend on many factors such as :

1. Time – As intraday involves spending a lot of time on daily basis as compared to long term which does not require scanning on a daily basis.

2. Brokerage charges – These charges vary as intra day involves placing a number of trades per day and hence paying huge brokerage fees whereas long term investment involves paying brokerage only while undertaking investment.

3.Taxes – The taxes in long term investment is less as compared to intraday trading.

I would rather suggest you to begin long term investments to get an idea of how the investment moves overtime. In between you can spend time observing price changes and then begin intra day trading
 
#19
Hi all,

I just wanted some information regarding trading, I am a newbie on this topic so please, reply accordingly,

What will you choose to trade intraday or long term? I don't know what long term trading is called.

IF you choose intraday, is it possible that you go to websites like moneycomtrol and set the profit and stop loss according to that and make profits or there is some other way things work, let me know?

IF there is anything else that you would like to suggest or have insights please do help

Tia
if i give a bike what u will do ? straight away take that bike in busy city roads or take to a ground and start learning ?

here riding the bike in busy city road is trading ( intraday / swing ) or taking to ground and practice is investing.

like me many guys took their first bike ride on busy road and met accident , mutated , many things happened and now left with few finger movements ..
 

PUCHU_2500

Well-Known Member
#20
This thread is little bit older ........and too many guys have given nice advice to the thread owner, but owner is still absent........just he had curiosity and landed his question here.....actually too many youngers hear about stock markets and they think this is very easy platform where anyone can earn dreaming amounts, but when breaks their dream they are disappeared from the market immediately.........bhai biswas karo this is a jalim place where your money will be looted .........be patience, learn and learn lost something here and again learn from your mistake and again learn and spend 3 to 7 years in this market then you will be break evener for the 1st time then you will be professional
 
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