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Paris_AI

Since I am in home till 31st March.To make this period productive I want to learn about stock market trading.Kindly guide me on below points:-
1) Videos for basic/conceptual knowledge
2) Any demo trading app(by which i experience real market trading)
3) Requirment for trading(Like Demate ac)
4) How to open Demate ac and per year fees
5) Which app is good for trading
6) Taxes which we have to pay while trading?
7) How much percentage(In average) profit if i put 5L for 6 months.
8) Tips and Trick
ps- TIA and KG to all valuable replies.

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Deal Subedar Deal Subedar
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6 month average profit is -40 %

Like Magnet Like Magnet
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-40% Am i reading right?

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Generous Generous
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You can’t learn trading in 2 days and start making profit. This is not the right time to invest as there is more pain to come. Hold on to your cash tight

Like Magnet Like Magnet
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I have 9 days to be specific.Atleast i can learn basics bro.Kindly guide me on above points.KG+

Pro Entertainer Pro Entertainer
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Why u hate porn? 😶😨😣🥺
@_One_Miller_ cum to help this man😇

Generous Generous
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It is just a social distancing challenge

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Critic Critic
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Go through this thread:
https://www.desidime.com/forums/dost-and-dimes/...

My suggestion is not to invest anything in stock market until India’s status on entering phase 3 of coronavirus spread is cleared/confirmed. Do not even think of trying FnO or intraday, stick to solid companies like hdfc bank etc but with a risk assumption as reliance was/is also considered a solid company but during the last big crash of 2008 it gave just 40% return in 7 years while niftybees gave 200% return while hdfc bank gave 500% return so it may be hdfc turn this time. If you want to be on safe side not worrying about individual companies performance then buy niftybees shares(after the situation of phase 3 is cleared,I am expecting it to drop to even 60 if Indian enters phase 3 with even worst future indicators) which basically mirrors the performance of NIFTY index(which in turn depends on top 50 companies) & index always increases after any crash with a good amount(like above example though there will always be companies beating index performance which is what expert investors look for).

Also do not invest any money in stock market currently which you might need urgently in next 2-3 years or you absolutely cannot afford to lose(in case you are directly investing in companies instead of niftybees or mutual funds).

Tech Guru Tech Guru
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Answers to your queries
1) go through this thread https://www.desidime.com/forums/dost-and-dimes/...
2) Sensibull allows virtual options trading. Moneybhai by moneycontrol allows you to buy and sell stocks virtually.
3) Bhai Demat account is required to hold stocks you have bought. Trading account allows you to buy and sell stocks.
4) By going to the online platform of broker of your choice/ their offline office. Basic Service Demat Account is provided by all major brokers. If you hold stocks, worth less than 50000 then AMC is zero. If stocks held is between 50k to 2lakh then AMC is 100. If the value exceeds then it is as per the broker’s charges.
5) Best app for trading? In my honest opinion, Sensibull is the best platform to buy n sell options. For stock trading, best is the one that comes with your broker. As you are a newbie, you are not going to pay for screeners, charting/technical analysis/scanners like Amibroker or Foxtrader. Zerodha gives a really good charting/ analysis experience but it gets stuck during high volatile days.
6) https://zerodha.com/c...es Go through this for exchange charges https://www1.nseindia.com/int_invest/content/ta... . And go through this for IT implications https://cleartax.in/s/taxation-on-income-earned...
7) Can’t say for sure. It can be as high as above +1000% to as low as -99%. It depends. I can make 20-25% confidently.
8) Tips and Tricks: Ok, first you need to understand, what trading is. The act of buying/selling something in exchange of money is known as trading. Without buyers and sellers trading can’t take place. Some stupid people differentiate things as trading and investing. Say you hold 10000 shares of company A. It has been 10 years and you now wanna liquidate your holdings in exchange for cash. Say, there are no buyers. It is a problem, no buyers no money. So, whether you do intraday, take short term positions or plan to make long term investment, liquidity is the key, in the end of the day you need to trade.
The time period for which you hold on to your securities decide the activity of your doing. You google about Intraday, positional trades and long term investments. There is also derivative trading. Google about futures and options.
Tips and tricks don’t really work here. Everyone has got their style here.
In 7 days you are going to learn theoretical stuffs only. You will need time. And you will incur losses at first. So, if you are brave and passionate enough to pursue the course with discipline then you will be rewarded immensely.
That’s it. smile

Deal Subedar Deal Subedar
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Good explanation..KG

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Deal Subedar Deal Subedar
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Read Zerodha varsity PDFs

Pro Entertainer Pro Entertainer
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@150_Days_No_Porn_Challenge cum buddy lets take some sense of sex for that SENSEX

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Like Magnet Like Magnet
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+KG to all valuable replies.

Deal Cadet Deal Cadet
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mutual funds ke kya halaat h abhi?
Any Market Expert here?
Just curious to know stuck_out_tongue_closed_eyes stuck_out_tongue_closed_eyes

Like Magnet Like Magnet
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@bikidas2060

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Deal Cadet Deal Cadet
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What about ‘Olymp Trade’ app?

Deal Cadet Deal Cadet
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Any news on Any big corporate boy buying stake in India Cements???

replyuser
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