Trading is a big question for everyone it can make you rich and make you poor.

If a beginner want to start trading here is the complete guide for new trader. Here will know about how to create a demat account and types of trading and how to find a best broker for beginner. And by this you can start you trading journey and main a good portfolio. Provide tools, resources for best analysis for your success.

The basics of trading

Trading is all about buy and sell a stock for few minutes for that you have to open an account with a broker and a platform for trading.By this

Everyone start trading journey.At starting stage for the 2months the trader should observe the graph. And analysis the graphs with this everyone can understand the pattern of the graphs.

A trader in his starting stages must understand about the risk management and know how to analysis the graph and some basic trading terminologies. And for another 4 months the trader must trade with paper money with and demat account .By following these steps you can be a successful trader.

Types of trading

There are different types of trading based on trading strategies a new treading can try and of this trading based of there strategies most of them know about day trading, forex trading, cryto trading etc. And here are the type of trading based of there strategies:

• Momentum Trading
• Scalping
• Day Trading
• Swing Trading
• Positional Trading
• Technical Trading
• Fundamental Trading
• Techno-fundamental Trading
• Equity Trading
•  Derivative Trading
• Currency Trading
• Commodity Trading
• Crypto Trading

How much money is needed for  new trader

Every new trader has same question that is how much money is needed for trading at beginning the trader must start his treading journey  with paper money after earning profits with paper money. The trader can start trading with real money at beginning the trader must take only one trade in a week because if we rush and keep our whole money in first month there will loss because paper trading and real trading are different. So we have to careful before trading with real money. It will take 1 year to get good profits in trading.

How to trade forex for beginner

It is international trading for this we need to have knowledge about international currency exchange.  Forex means foreign currency we will trade on the currency there are many currencies like The Bharath rupee,United States dollar (USD), the Euro (EUR), the Japanese yen (JPY), the British pound sterling (GBP), the Australian dollar (AUD), the Canadian dollar (CAD), the Swiss franc (CHF) etc. It is 24 hours market the trader can trade at any time he want it is an flexible trade and the employees can try this trade because there will be 24 hours time for trade for more information comment forex in comment box.

Every thing about broker

Has everyone know that the broker is the intermediate between one to another in trading also broker has same meaning A broker is an individual or company that acts as an intermediary between an investor and an exchange, executing their financial transactions for a commission fee.There are four main types brokers  a stock broker, forex broker, full-service broker and discount broker. For beginner we need to choose

The platform that will charge less broker fee or no broker fee and a user friendly platform.

The platform the has no broker fee are:

• 5paisa (Youngvestor)
• Prostocks Unlimited Trading Plan
• SAS Online Trading Plan
• Zerodha

Conclusion:

By following this simple steps a beginner can understand about trading

And a important point for every trader is trading is a physoclogy of the seller and buyer who will understand this will become successful trader

It will take minimum 1 year  to get success in trading who will stay with  strong mind set will get success and to get profit the trader must get loss of 1 lakh minimum at that stage trader will understand the all loop holes in trading and earn profit.At last do your work don’t think about profits (the concept of karama).

If any Doubts comment bellow.