In this video , we will be talking about some facts to help beginners in Stock Market . Some of the right ways to start your career in Stock Market.
1.Handle Basics First. – To get started you would need a savings account or DEMAT account from one of the banks like ICICI,HDFC etc. or through discount brokers like Zerodha.
2. Taking the first steps: You can start even if you have small amount in hand, its ok to learn more and than invest accordingly. but remember “Money makes money” so most important thing is to start doesn’t matter what the amount is.
3. Focus on process and not Profit/loss: That’s the ideal way to make money.
4. Control Your Emotions: Take it slowly and bet small initially than learn and go big.
5. Set Long-Term Goals. Why are you considering investing in the stock market?
6. Understand Your Risk Tolerance.
7. Diversify Your Investments.
Hope this helps.
Feel free to leave a comment and ask questions if any.