!! HOW TO START TARDING !!
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"Are you thinking about starting trading? But where should you start? You have clicked on the right post because in this post, we will teach you the most useful steps to start your trading life from level 0. So let's start the learn without delay."
What is trading?
* We buy and sell stocks or shares of any company. This whole process is called trading.
* We can trade in Indian stocks, forex, or penny stocks. Most people are interested in trading because they can make more profit in less time.
"Type of trading"
* Now let's talk about how many types of trading there are?
* Most people do intraday trading or option trading. In addition to this, some people do Swing Trading, Futures Trading, etc.
* When it comes to intraday trading, we buy any share and sell it on the same day or sell that share. This is called intraday trading.
* In option trading, we buy the contract of shares, not the shares themselves. The lot size varies for different sectors. For example, in Nifty, there is a lot size of 50 quantities, and in Bank Nifty, there is a lot size of 15 quantities.
"How much money will be required to start trading?"
* Now let's talk about how we can do trading and with how much minimum money we can start trading.
* We can start intraday trading with a minimum of 5000 rupees. And for option trading, we can start with around 10 to 15 thousand rupees.
"Demat account for start trading"
* Just like we use a bank account to deposit and withdraw money, we need a demat account to buy or sell shares or to trade.
* Talking about the best demat accounts, Angel One, Dhan, Upstox, Groww, Zerodha, 5 Paisa are the best demat accounts for trading.
* If you want to trade in cryptocurrency, you can use the CoinSwitch Kubera or Sun Crypto application. The links to apply for these demat accounts will be available in below.
"Trading chart for trading"
* While trading, you need to look at charts. You can see charts in your demat account, but there is a platform where you can understand charts very well. You can use the app TradingView to understand charts.
* You can use it on your mobile, PC, or laptop. To trade profitably, you need to learn candlestick, candlestick pattern, chart pattern, tools, indicators, or strategy. We will learn all these in the upcoming post.
* I hope you have understood all this information well. If you still have any queries, you can comment or message us on Instagram. our username is '@technical_rajubhai.