Tips of how to earn money by Trading in sharemarket

1)      Avoid the calls from local intraday or option service people who gives you their analysis, remember it’s a smart people’s field where you are the one who decide by your own analysis of the company.

Example: HDFC bank, check daily changes, or check graph, of daily up-down.

2)      You have to give your full time from by the time market open 9:15 AM to market close 3:30, if you want to become a successful trader.

3)      Remember there is always chance to earn money or lose money, when you lose don’t take it negative way because it’s a time to learn from mistake.

4)      Always make your own strategy rather then other people’s advice. However, you can discuss your strategy with others but always make your own decision.

5)      Read about not just only Indian market but also global market, especially US market because US market brings maximum FIIs to India and moreover US is the most demanded country in the world.

Example : 2008 world crisis.

6)      Sharemarket is not a magic to make people millionaire, you are earning money of your knowledge or attention and analysis. This is hugh market, with so many sectors included, so don’t copy to anyone that he is doing trading in Gold so I also looking to trade in gold. It’s a logic of demand.

7)      Currently Modi and Raghuram Rajan two both important factors in Indian economy because their decisions bring investment in India, but this is my personal view.

8)      Start your first trade after 3 months practice.