How To Start Trading? | Beginners Trading Guide
As this series continue, it will go parallelly with strategies Intraday , swing , crypto, forex , forex and
everything. Psychology everything. As a beginner, the first mindset you need to have is that you are a
trainee. A trainee's focus should be on process , on learning the skill and not on the money. That is the
biggest problem even expert traders face some of the time. The first step to start trading is mindset.
When the mindset is ready, let 's move on to the next point. In order to execute training , you need a
Demat account. Zerodha and Upstox- I use these two and I promote these 2 and I prefer these 2. Kotak
charged me with Rs200 for trading in Zerhodha. Where Zerodhas charges Rs20, Kotak charges Rs200. I 'll
provide a lot of future services where I'll give you heavy discounts or provide you with some things for
free.
The fourth point is funding. If you want to fund your account, then how much should you fund ? Paper
trading means you do n't need to place real money. You have to apply real strategies, which I am about
to tell you, in live charts. Paper trading is back testing and forward testing. In intraday trading, you start
trading in the morning by 9:30 AM and cut your positions somehow by 3pm. Swing trading is positional
trading in which positions help for longer than a single day. There are 2 kinds of trading and this uses a
lot of capital. In this , we need to trade on a thing named Futures and Options trading. We 'll talk about
it at the end of this video. We will use our favorite intraday VWAP strategy. In this video, I have 2 Million
views guys. Why does this video have 2 million views ? Because it 's the most successful strategy of all. If
you click- Whatever video I have told you, right-click on those videos and leave them on a new tab.
Pause and continue watching this video. After this go and watch those videos. After watching this, you
have to do paper trading and make your own concept. I 'll tell you what is the difference between real
and fake money.
Stoploss is an automatic order which I decide If I bought a share for Rs 100, and if this share starts falling
below Rs 95, then bro remove me automatically. So that I do n't have to come and press the button to
sell It 'll automatically cut me off , it is called stoploss order. Risk Per-trade means the risk I am ready to
take in a trade. If my account has Rs 1 lakh risk, can I take a risk of Rs 20000 ? Or of Rs 1000 ? Or Rs
2000? Or Rs 5000 ? So how is it possible ? It is possible. If you took 100 share of Rs 100 , then we 'll earn
Rs 200 Never make a loss from your account more than 2% to 5% Otherwise, you wo n't be able to work
long-term. And habit is the most important of all , so work on your habit. So that is risk management.
Now the next main keyword , the main topic That is psychology Psychology means our way of thinking.
Whenever a loss occurs, you should have the psychology that it is part of the process I 'm considering it
as an expense because a business 's turnover is not equal to profit. Turnover - expense = profit but in
trading, people think profit is profit. No, the profit is turnover Loss is expense What's left is profit People
do n't know that So this is the psychology you need to adapt.
As this series continue, it will go parallelly with strategies Intraday , swing , crypto, forex , forex and
everything. Psychology everything. As a beginner, the first mindset you need to have is that you are a
trainee. A trainee's focus should be on process , on learning the skill and not on the money. That is the
biggest problem even expert traders face some of the time. The first step to start trading is mindset.
When the mindset is ready, let 's move on to the next point. In order to execute training , you need a
Demat account. Zerodha and Upstox- I use these two and I promote these 2 and I prefer these 2. Kotak
charged me with Rs200 for trading in Zerhodha. Where Zerodhas charges Rs20, Kotak charges Rs200. I 'll
provide a lot of future services where I'll give you heavy discounts or provide you with some things for
free.
The fourth point is funding. If you want to fund your account, then how much should you fund ? Paper
trading means you do n't need to place real money. You have to apply real strategies, which I am about
to tell you, in live charts. Paper trading is back testing and forward testing. In intraday trading, you start
trading in the morning by 9:30 AM and cut your positions somehow by 3pm. Swing trading is positional
trading in which positions help for longer than a single day. There are 2 kinds of trading and this uses a
lot of capital. In this , we need to trade on a thing named Futures and Options trading. We 'll talk about
it at the end of this video. We will use our favorite intraday VWAP strategy. In this video, I have 2 Million
views guys. Why does this video have 2 million views ? Because it 's the most successful strategy of all. If
you click- Whatever video I have told you, right-click on those videos and leave them on a new tab.
Pause and continue watching this video. After this go and watch those videos. After watching this, you
have to do paper trading and make your own concept. I 'll tell you what is the difference between real
and fake money.
Stoploss is an automatic order which I decide If I bought a share for Rs 100, and if this share starts falling
below Rs 95, then bro remove me automatically. So that I do n't have to come and press the button to
sell It 'll automatically cut me off , it is called stoploss order. Risk Per-trade means the risk I am ready to
take in a trade. If my account has Rs 1 lakh risk, can I take a risk of Rs 20000 ? Or of Rs 1000 ? Or Rs
2000? Or Rs 5000 ? So how is it possible ? It is possible. If you took 100 share of Rs 100 , then we 'll earn
Rs 200 Never make a loss from your account more than 2% to 5% Otherwise, you wo n't be able to work
long-term. And habit is the most important of all , so work on your habit. So that is risk management.
Now the next main keyword , the main topic That is psychology Psychology means our way of thinking.
Whenever a loss occurs, you should have the psychology that it is part of the process I 'm considering it
as an expense because a business 's turnover is not equal to profit. Turnover - expense = profit but in
trading, people think profit is profit. No, the profit is turnover Loss is expense What's left is profit People
do n't know that So this is the psychology you need to adapt.
