Safal Stock Trader Honeki Rasta [Ways To Become A Successful Trader]
Basic Step: –
- Start reading business news, blogs(like wordpress.com business blog) to gain market related information and watch news channel to collect information (“not Tips”).
- Start following business related sites like moneycontrol.com, economictimes.indiatimes.com, etc.
- Talk with people, who has knowledge related to market (Don’t take advice from everyone).
- Open Demat account and start paper trading based upon your knowledge and experience. (Do it for 2-3 months & note all your success and failure).
Intermediate Step: –
- Collect all your, mistake done by paper trading. Thing how to resolve the issue. [Continue your trading for 2 more months].
- If your interest is still increasing to know more about stock market, then do the advance step.
Advance Step: –
- Now you are more serious about stock market.
- Join stock market classes, learn about various market like equity, commodity, futures, FOREX. Learn both Fundamental & Technical analysis.
- Invest your money & time to learn and understand the concept.
- Find a mentor, who will guide you for doing trading and investing in stock market.
- Start trading under him/her, you will be a profitable professional within few months.
NOTE: Discipline and Patience is the key of success in stock market.