How To Learn Share Market Online: If you want to learn about the stock market free from mobile or laptop then these posts will be really helpful for you. We will learn the stock market from A to Z in this post.
How To Learn Share Market Online?
If seen, we know all the methods but today I will give you a 7 days checklist. By using these checklists you can easily understand the share market in 7 days.
Day 1:- Learn Basic Concepts of Share Market
The first step to learn about the share market is to clear the basic concepts of the share market. It means that if you are new in this field then you have to learn the following things:-
- How does the Share Market work?
- What is the Stock Exchange and how do companies list in this stock market?
- What is IPO and How companies list in IPO?
- What Is the Primary and Secondary market?
- What Are Bulls and bears?
- How to Invest in the Share market?
- How does the share price go up and down?
- What is the Nifty and Sensex and what is the difference between these?
- What do we have to see before purchasing shares?
- When do we have to sell and buy shares?
So first you have to find answers to the above questions and understand all these basic things in detail.
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Day 2 :- Choose From Trading And Investment
These steps are very important because now you have to think whether you have to trade or invest.
If you have to create big wealth by compounding methods then you have to invest for the long term.
But if you have to earn money from the share market for a short term then you have to do trading.
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Day 3 :- Follow A Trading Style
Friends there are many methods from those methods we can earn money easily, some have less risk and some have high risk , the higher the risk the higher the reward.
If you want to earn good return in less period by less risk than you can do your trading in the following types :-
1.Swing Trading:- If you do not want to take higher risk then you can start your trading by doing swing trading. In which you can purchase your shares for a low price within a few days to a few weeks and sell it at a higher price.
2. Intraday Trading:- If you are free and have time then you can earn money by buying and selling shares within a single day in Intraday Trading.
3. Option Trading:- If you have less money and you are interested in taking higher risk then option trading is best for you because in this type of trading you can invest less money and earn higher returns.
4. Scalping Trading:- These trading is for those people who can double or triple their money in 1-2 Minutes. But in these trading there are many chances of sinking of money so you have to trade in these at your own risk.
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Day 4 :- Learn Fundamental And Technical Analysis
If you want to become an investor then you have to learn fundamental analysis And if you want to become a trader then you have to learn technical analysis.
In Fundamental Analysis you learn following things:-
- What is the business model of any company ?
- Whether the company is capable of repaying debt which he has taken?
- What are the future plans of the company?
- We had to check the sales and profit growth.
In Technical Analysis you learn following things
- What is support and resistance?
- What is stop loss and how to put it ?
- What is Candlestick and it is of how many types?
- How to see and understand stock charts?
- How many types of chart patterns are there ?
Day 5 :- Learn Buying And Selling Of Shares Online
Friends, in learning the stock market online this is the practical step because in these steps you learn to buy and sell shares. Before buying or selling shares we had to open an account on Zerodha or upstox app.
Beginners doing following mistakes in share market
- People buying the shares by seeing that the price of shares are rising.
- Investing in any shares without doing technical or fundamental analysis.
- Investing in Penny Stocks.
- By listening to any people and investing in any shares which are not good.
- Purchase stocks in upper circuit And lower circuit
Day 6 :- Understand Your Trading Psychology
When you do investing or trading in the stock market , then profit or loss both happens. But those people who learned to control loss and increase profit , that person will be successful in the share market.
Day 7 :- Do More And More Practices
This is the last day of learning about the stock market. These day you have to place small – small trades . But remember every time you have to place stop loss because it limits the loss and saves the capital.