NIFTY & BankNIFTY Technical view for 29-JAN -HINDI

Open your Trading account in mintues with Zerodha

Though stock market trading requires skill and experience, there is one other vital thing that you need to have to really become a successful trader. This one component is 80% of what trading is all about.

When you are just starting out in the stock market, especially as a younger person, you have to make very good decisions. You need to make sure you don’t let emotions make decisions for you, and I strongly advise you to read multiple resources and books on any kind of stock market subject you can think of.

Online stock trading is a new, improved and fast way of trading stocks. Starting stage of trading the stocks in floor has changed. They have found a new strategy of using internet for trading.

In this column a few weeks ago I likened the economy and markets to being in the eye of a hurricane. There had been some destruction in global stock markets created by the debt crisis in Europe, but the storm quieted down after the surprise EU/IMF announcement of a $1 trillion debt rescue plan. There was hope the danger had passed.

A large number investors get into ETFs for diversification, because these exchange traded funds allow you to spread your money around a certain index or sector. For even more diversification and to reduce volatility in your portfolio, you can add Bond ETF to your portfolio.

It is true that many people look at stock trading as something that only “experts” can do. Many of us make the mistake of thinking that it is one overly complicated field that you will never get to understand unless you spend at least a quarter of your life figuring it out. Not so true.

If you’ve managed to hold onto a little bit of your federal tax refund, or that birthday money that your great uncle bestowed on you a few months ago, you’re probably wondering what you can do with it that will be a smarter decision than a night out on the town, or stuffing it into your mattress for a rainy day. These days, every financial expert is talking about how important it is to make your money work for you, but they don’t always tell you the best place to accomplish that.

When you sell investments, such as stocks, bonds or mutual funds at a gain, you generally pay taxes on the capital gains. When you sell at a loss you can force the IRS to give you a tax break.

The stock market is something that needs to be mastered with a great amount of attention and detail. Understanding the stock market system does not really require you to have any prior knowledge in the field of business but you do need to know the nitty gritty details of the stock market trading system and how everything works.

You might look at the word stock and know what it means. However, stocks basically refer to all the stakes that a company possesses. This means that every time you buy a share from a company, then it actually is that you are buying a piece of that company and own that much stake in it.