Basics of Stock Market For Beginners Consumer. Day Trading Group Mistake Retail Beginners. Future

Hello and Welcome to all. In this video we will learn about Top Seven Day Trading Mistakes to AVOID by Beginners. Basics of Stock Market For Beginners. Day Trading Mistake to AVOID by Beginners. Indian Stock Market VermaTraders. Indian Stock Market. @ShareLatestNewsTrader #VermaTraders Blog- https://shivkumarvermatraders.wordpress.com/ https://shivkumarvermatrad.wixsite.com/mysite/blog Watch the best video on the Basics of Stock Market, learn how to invest in the share market, learn how to buy and sell shares. Best suited for beginners who wish to learn about the stock market in the most systematic and practical way. You need not have any background in Finance. Before starting your journey in Investing you need to understand what is the stock market, how to process the share market news, and how it affects the Indian share market. Are you a beginner day trader and making these COSTLY mistakes? 1. Time to learn Usage of right tools 00:36 /watch/s63=t&EmKZI9gkds_k= Not having a right trading tool. Many beginners jump into hot stock due to FOMO without knowing why they were buying, why the stock was running, nor their risk reward and exit plan. This is also known as chasing and will easily lead the trader to buying the VERY TOP. Paper Trading - Paper trading is basically risk free market screen time. Day trading beginners need to learn broker interface, how each stock reacts, and practice your technical analysis on LIVE charts. Paper trading will allow you to gain market screen time and prepare your mind emotionally for the ups and downs of stock trading. 2. 80:20 Rule 04:17 /watch/s052=t&EmKZI9gkds_k2 Always have 80% money put up for long term investment and only use 20% money for trading. This way you will have large capital protected.Give time for learning before expecting profits 3. Stay with the plan 08:00 /watch/s084=t&EmKZI9gkds_k4 Investing have a different plan then Trading. Make sure you have defined the trade plan before you enter the trading room. Also have a plan for long term investment. Once plan is finalized, stay with the plan like a bible. 4. Over Trade 10:06 /watch/s606=t&EmKZI9gkds_k6 Stay with 1 -2 trades per day. Instead of trading according to their plans and the chart in front of them, many traders are trading their PnL (profit and loss). This will lead to over trading, then emotional trading, and finally revenge trading. I have blown up my trading account this way before due to emotional trading. When I started making Rs 10000 a day, I was so excited. So much so I wanted to jump into making Rs 100000. I quickly learned that sizing up x10 means escalating the emotions as well. Psychologically, I was not ready for x10 the stress. It's very important to take your time when sizing up. 5. Not Gamble 12:00 /watch/s027=t&EmKZI9gkds_k7 You want to become a profitable day trader? Stop following others. This is perhaps the DEADLIEST trading mistake I see beginners do. Many of these trading chat rooms pump the stock up and dump the shares on unsuspecting beginner traders. If you want to survive on hope, go an buy a lottery ticket. Hope does not work in stock market. 6. Stop Loss 14:13 /watch/s358=t&EmKZI9gkds_k8 Define your Stop loss before you even enter the trade. This is most important as it will protect your funds. Always place cover order to avoid manually entering the stop loss. 7. Revenge Trading 16:07 /watch/s769=t&EmKZI9gkds_k9 Instead of trading according to their plans and the chart in front of them, many traders are trading their PnL (profit and loss). This will lead to over trading, then emotional trading, and finally revenge trading. I have blown up my trading account this way before due to emotional trading. #FutureRetail #ShareNews #FutureConsumer #FutureSupplychain #FutureLifestyleFashion #FutureGroup #RelianceDeal #Basic #Beginner #learning #trading #tips #mistaketoavoid #mistaketoavoidinstockmarket #mistaketoavoidinmarket 18:00 Please refer external links 1. https://zerodha.com/ 2. https://www1.nseindia.com/ 3. https://www.bseindia.com/ 4. https://www.moneycontrol.com/ 5. https://www.economictimes.com/ 6. https://www.india.gov.in/ 7. https://www.incometaxindiaefiling.gov.in/home 8. https://finmin.nic.in/ 9. https://www.sebi.gov.in/ 10. https://en.wikipedia.org/wiki/List_of_financial_regulatory_authorities_by_country Disclaimer Shiv Kumar Verma Traders do not guarantee any returns in any of its products or services. Investment in markets is subject to market risk. We are not registered with SEBI. /channel/UCCY_ZPyyppsuFNlbW1hCWNw Please subscribe to our channel. Yours ShivKumar VermaTraders

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