GoofyCoconut

How to start trading?

Although I have a history trading in crypto and stocks. (loosing 8k at the covid time of bitcoin crash and without any prior knowlege of trading 🥲).

Now I want to learn a new skill and distracting myself from the virtual world. So, I thought to give a try on trading again but this time with some knowledge.

So, whats best crypto, stocks, Mutual fund, gold, etc?? and don't suggest real state I already invested in it 😉.

and whats the best way to learn it? I tried searching some youtube channels but mostly feels like scam marketing some penny stocks for there pump and dump scheme.

and whats the best platform to invest? I have an account of upstox with only 1k invested which is now 1.8k 🫣. but don't like upstox much there UI itself looks like a scam to me.

5mo ago1.5K views

SparklyRaccoon

Stealth5mo

Start Reading. If you want to learn investing, read books from peter lynch.

For trading - Stan weinstein, Mark minervini, William o neal.

It will take time but it will be worth it. Stay away from options initially until you get enough experience and understand risk.

GoofyCoconut

Stealth5mo

Thanks for the book recommendation I'll try reading it.

WobblyMuffin

Deloitte5mo

Any Indian author

SillyJellybean

Stealth5mo

Trading is all the more virtual knowledge and living online.

You should try other stuff like musical instruments tbh. Helps way more with finding partners ;)

To be serious, trading is one of the most stressful hobbies one could ever have. There are many more less risky ones to occupy yourself with.

Houses are ruined on bad trades. And no one wins big while betting small.

JumpyPretzel

Stealth5mo

Don’t trade if you have a full time Job.
I have been using Upstox for years, for investing purpose, and I have had quick try at friend’s Zerodha app too. But in terms of UX, upstox looks far better than Zerodha app. Not sure of features though. That said, the earlier version of the upstox app was better.

JumpyPretzel

Stealth5mo

I think you meant “how to start investing”, not trading. “Trading”, is meant to imply “IntraDay Trading”, or “Swing Trading”, or “F&O”, in all these cases you try to buy/sell in short duration.