HOW TO START TRADING? || BEGINNERS TRADING COURSE

Summary

The script is a comprehensive guide to trading, emphasizing the hard work and potential losses involved. It explains trading basics, such as buying and selling commodities, and introduces stock market terminology like 'equity' and 'partnership.' The speaker simplifies concepts like IPOs and the role of NSE in trading. They discuss the importance of research and calculated investment over gambling in the market, highlighting the differences between retail traders, HNIs, and institutions. The video also covers various trading styles like intraday, swing, and investing, and touches on technical analysis tools available on platforms like TradingView.

Takeaways

• 😀 The speaker emphasizes the hard work and financial risks involved in trading, including the effort put into learning and the potential for significant loss.
• 💰 The concept of trading is simplified as buying and selling anything for profit, exemplified by purchasing an item for ₹1 and selling it for ₹150 to make a profit.
• 📈 The video script introduces the idea of equity, explaining it as ownership in a company through shares, which is a fundamental aspect of stock market trading.
• 🏢 Discusses the role of different market participants, including retail traders, high net worth individuals (HNIs), and institutional investors, highlighting the scale and resources each group brings to trading.
• 🌐 Mentions the ease of trading from home through the internet and the impact this has had on the number of people trading, and the subsequent increase in trading losses due to inexperience.
• 📊 Emphasizes the importance of focusing on the right aspects to avoid being part of the 90% of traders who lose money.
• 📉 Explains the three categories of trading: intraday, swing trading, and investing, each with its own approach and time commitment.
• 📱 Showcases the use of mobile applications for trading, demonstrating how to use an app to monitor and execute trades on the Indian market.
• 🌟 Highlights the use of technical analysis in trading, introducing concepts like support and resistance levels, trend lines, and various technical indicators.
• 🚫 The speaker avoids trading in low-volume stocks to prevent high fees and prefers trading in indices like NIFTY due to higher liquidity and lower fees.
• 🎯 Sets a goal of reaching 10,000 likes on the video to encourage viewers to engage with the content and share it with friends to unlock more educational videos faster.

Q & A

What does the speaker suggest is required to advance in trading?

The speaker suggests that to advance in trading, one needs to work very hard, potentially lose a lot of money, watch many videos, and be prepared to go to great lengths to learn and apply that knowledge.

What does the speaker claim about the series they are creating compared to paid courses?

The speaker claims that the series they are creating will be better than many paid courses and will be available for free.

What is the basic concept of trading as explained in the script?

The basic concept of trading explained in the script is buying and selling anything, such as gold, silver, wheat, or onions, with the aim of making a profit, exemplified by buying something for ₹1 and selling it for ₹150.

What does the speaker mean by 'Equity' in the context of stock market trading?

In the context of the stock market, 'Equity' refers to a type of security that represents ownership in a company, such as shares or stocks.

How does the speaker differentiate between retail traders, HNIs, and institutions in the market?

The speaker differentiates these groups by their resources and approach to trading. Retail traders are individuals trading on their own, HNIs (High Net Worth Individuals) have more capital and resources, and institutions have entire departments dedicated to research, risk management, and trading.

What is the significance of the National Stock Exchange (NSE) in the trading context mentioned by the speaker?

The National Stock Exchange (NSE) is significant as it is a major exchange in every country, providing a platform that connects companies and brokers, facilitating the buying and selling of shares.

What does the speaker mean by 'Leveraging' in trading?

Leveraging in trading refers to using a small amount of capital to control a larger amount of investment, thereby放大投资回报率, but also increasing risk.

What are the three categories of trading mentioned by the speaker?

The three categories of trading mentioned are Intraday trading, Swing trading, and Positional or Investing.

What does the speaker suggest is the reason for 90% of people losing money in trading?

The speaker suggests that the reason for 90% of people losing money in trading is due to focusing on the wrong things, such as not using the right trading methods or not having a calculated approach.

What is the importance of Technical Analysis according to the speaker?

According to the speaker, Technical Analysis is important in trading as it involves the study of historical price patterns to predict future market behavior, rather than Fundamental Analysis which is more applicable for long-term investing.

What is the purpose of the mobile app mentioned by the speaker for trading?

The purpose of the mobile app mentioned is to facilitate trading on the go, allowing users to monitor stocks, execute trades, and manage their portfolios conveniently through their mobile devices.