How to choose Best Market, Stock or instrument for trading?

General
2

Hi there,

Fundamentally you just have to do one thing “Buy low sell high”…anything you bought at low price and sold at high price is a good stock…but the problem is “When to buy and at what price?”…to understand that you will have to learn technical analysis, technical indicator etc… if you don’t know these already .

All the best

Akash

3 Likes
3

Guess, you are just jumping on the roller coaster ride… :slight_smile:

Try reading some of the books on this list, http://tradingqna.com/754/which-are-the-top-books-one-should-read-become-better-trader?show=754#q754

And remember, irrespective of what you buy/sell, don’t start committing any money that you can’t afford to lose until and unless you have atleast 1 profitable year of trading.

3 Likes
4

I believe there is nothing called Best market/stock for trading. Find out whether a particular instrument is Trending/Ranging and based on that apply your strategies. Start with instruments with high liquidity. As a starting point, trade NIFTY index, then dig into the stocks which constitute the nifty index. Similarly go for BankNIFTY, CNXIT etc.