Starting to learn about the share market as a beginner can seem overwhelming, but with the right approach, you can develop a solid foundation. Here are some steps to get started:
1. Define Your Goals
Determine why you want to learn about the share market. Are you looking to invest for long-term wealth creation or generate income through trading? Clarifying your goals will help guide your learning journey.
In your goal, must noted that, how much amount or what percentage of your monthly income you want to use in share/ stock market investing or trading?
How much yearly return expectation?
How much risk you take? etc.
2. Learn Risk Management
Understand the risks involved in share market investing. Study concepts like diversification, asset allocation, and risk tolerance. Learn how to manage and mitigate risks through strategies like stop-loss orders and position sizing.