How To Start Easy Trading In 4 Steps

The stock market holds immense potential for growth opportunities for people interested in investing or trading. To make the most efficient use of the stock market opportunities, new investors must know the steps to start trading in the stock market. Here is how one can begin stock trading in four easy steps:


Step 1: Choose a stockbroker- Even before a new investor enters the stock market, he must select a stockbroker. There are various stockbrokers in the market these days, select the one offering the lowest brokerage cost and an advanced share market app to facilitate trading activities. Some leading brokerage houses open demat and trading accounts for free. 

Step 2: Open demat and trading accounts: An investor needs to open a demat and trading account with a brokerage house. A demat account stores the shares and securities the investor purchases and a trading account facilitates trading activities. It is advisable to keep the documents required for account opening (address proof, identity proof, PAN card, bank statements, photograph) ready to fasten the account opening process. Link these accounts with a bank account to facilitate the smooth flow of funds.

Step 3: Log in to the demat and trading account: Once the required accounts are in place, log in to the account and explore the trading platform. Use the web application or the share market app of the broker for convenience. 

Step 4: Start trading: View the stocks of your choice and study their price movements. Decide the stocks you want to trade in. Buy the shares of your choice and sell them when you register a profit. 

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