Tips to Start Investing In Share Market for Beginners 2024

Introduction

Most of  the people comes in to Trading loose money because of lack of Guidance and lack of knowledge. I am going to help the new traders who comes in to Trading to start Trading without Loosing money. Is that possible? Yes it's possible if follow some rules for trading. Please read this guide before starting the trading.

Which Trading platform to Choose?

This is one of the important question you should consider before entering in to Trading in India. Why it is so important? It is important because if you do not choose the right Trading platform, then it will effect the Accuracy of the trade. All charts should be load properly without any delay. If there is any delay in the Chart we will not updated with the latest price and we will be late to enter or exit a particular Trade. Also the order placement speed, its also another constraint while doing the Intraday trading. And the last but not the least, the brokerage or fees per trade. Everyone must choose the trading platform with the lowest charges, especially for beginners. Because they are on the initial level and they need to learn rather than getting more profits. We have the list of two top Trading platform in India.

How to Start Trading In India for Beginners without Loosing Money

1.Start Trading with Upstox

Benefits of Upstox Trading platform is as given below,

• Free Account Opening on Upstox (Limited Time Period)
• Free Annual maintenance charge
• Zero commissions on Mutual Funds and IPO.
• Flat 20 rupees on your F&O, Commodity and Equity Orders.
• User friendly Trading platform which is beneficial for Intraday option traders.

Sign Up for a Free Demat Trading Account Now on Upstox, Click Here.

2.Start Trading with Zerodha

Benefits of Zerodha Trading platform is as given below,

• Free Annual maintenance charge.
• Free Sensibull Account which will be helping you to do option selling strategies.
• Faster loading of Charts helps beginners to quickly decide entry price and place a order.
• There is no chargers for mutual Funds, IPO or Equity cash stocks Delivery Buy.
• 20 rupees on your F&O, Commodity and Equity sell Orders.

Sign Up for a Demat Trading Account Now on Zerodha, Click Here.

Tip:- Choose any one Account for Trading and Other account for Investments and IPO.

You may also like to read "Free lifetime premium services"

Which Type of Trading You should Choose?

For Beginners, I would suggest not to start with Future and options Segment. F&O segment is not good for the Beginners and should avoid till they learn Basics and gain Some experience in Trading with Equity Cash stocks.

Which Type of Trading You should Choose?

Beginners Can Trade in Short-term Trading and Equity cash Intraday. For these two, Risk is very low and chance of loosing money is comparing with the F&O segment. But slowly you can move on to F&O Intraday Trading where you can Earn more profits with bigger Risks. 

Minimum Trading capital Required to Start Trading

You can start Swing Trades with 100 rupees. But minimum capital Requirements are Different for Different Types of trading. Recommend minimum Capital Requirements are,

• Equity Cash Intraday - 10000 Rupees.
• Bank Nifty and Nifty Option Trading- 15000 Rupees.
• Equity Cash Swing Trading 10000 Rupees.
• Equity options -40000 Rupees.
• Option selling -150000 Rupees.

Must Follow Rules While Trading to Avoid Losses

Please follow the below mentioned points while trading to avoid loosing money.

1. First Rule to consider while trading is to add Stop-loss while trading. Without Stop-loss please do not enter in to a trade. If we are not using the stop-loss while trading, it can take all your Capital for Trading and there will not be anymore capital to recover Losses or further trading. 
2. Risk Reward Ratio:- This is a another important thing to consider while trading. For Beginners you must trade with a minimum of 1:1.50 Ratio. So that if you choose particular Strategy and you can check whether its a profitable or not.
3. Money Management and Position Sizing:- This is the Third thing you should consider while trading to avoid losses. We should fix the minimum loss which we can afford in a particular Trade. Then we have to decide the quantity. And do not over trade beyond this, Try to avoid trading for that particular day but you can watch the market and prepare for the next day.
4. Always do self Chart Analysis Before enter in to a Trade:- You may find many channels give Tip for Trading, even though they give the good accuracy or Not, please do a self analysis.on the charts and make sure its good or you are satisfied. Then you can enter to that trade.

Tips to improve Accuracy of Your Trading

Here am Going to share Few Tips to improve your accuracy while trade trading. If you follow these things, it will help you to avoid losses to become profitable.

• Add these Indicators while trading. They are Pivot Points,  Exponential Moving Averages, Volume Chart.
• Choose Higher Time frames to Find the Support and Resistance. Recommend Time Frames are Daily , Hourly and 5 minutes.
• Follow the Price Action Patterns in Daily Time Frame to get the accurate Results.
• Visit www.intradaystockstoday.com to get the Breakout stocks suggestions from Me.
• Bonus Tip:- Join Our Telegram channel https://t.me/safetrader90 for free live Intraday updates and to get the latest levels for Bank-nifty and Nifty.

Conclusion

So we have seen the Tips to follow by Beginners while trading to avoid loosing money. Also we have seen the Indicators that can be used to improve the Accuracy of the Trades for the new Traders. Still you must know that Risk is Involved in every Trade. Please learn Basics before trading.