HOW TO START TRADING? || BEGINNERS TRADING COURSE || EP 1

HOW TO START TRADING? || BEGINNERS TRADING COURSE || EP 1 - Booming Bulls

**1. Summary**

This video, the first in Booming Bulls' beginner trading course, introduces the fundamental concepts of trading. It explains what trading is, the types of markets available (Indian Stock Market, International Markets), and the various trading styles (Intraday, Swing, Investing). The video emphasizes the importance of learning the basics, understanding risk management, and the different types of market participants. The presenter also provides links to resources and accounts to get started and touches upon the importance of Technical Analysis, which will be covered in detail in future episodes. The channel warns about the risks of trading without proper knowledge and the legal restrictions for trading in India.

**2. Key Takeaways**

* **Trading Basics:** Trading is buying and selling anything with the goal of profit.

* **Market Overview:** Introduces the Indian stock market, international markets (Forex, Crypto, Stocks), and the brokers to use.

* **Trading Styles:** Intraday, Swing Trading, and Investing with the emphasis on learning the basics first.

* **Understanding Market Participants:** Key categories Retail traders, HNIs (High Network Investors) and Institutions (FIIs and DIIs). Most retail traders lose money due to lack of knowledge, research, and proper strategy.

* **Technical Analysis Importance**: Emphasizes Technical Analysis is the key to trading success.

* **Legal Disclaimer:** Trading pairs without INR Currency & doing business with brokers not registered in India is illegal as per the FEMA Act.

**3. Detailed Notes**

**A. Introduction (0:00:00 - 0:00:48)**

* This is the first episode of a beginner's trading series to help viewers learn from basics to advanced level.

* The goal is to provide information better than many paid courses, for free.

* Encourages viewers to subscribe, press the bell notification, and like the video.

**B. What is Trading? (0:00:49 - 0:01:27)**

* Trading is simply buying and selling something.

* Examples: gold, iron, rice, potatoes, or onions.

* Profit is earned by selling at a higher price than the purchase price.

**C. Stock Market Basics (0:01:28 - 0:02:06)**

* **Stock:** Share

* **Share:** Equity

* **Equity:** Partnership (ownership)

* Buying a share of a company means becoming a part-owner (shareholder).

**D. How to Buy Shares and Trading Platforms (0:02:07 - 0:03:50)**

* Shares are available on exchanges like the National Stock Exchange (NSE).

* Online platforms (e.g., Zerodha, Upstox) connect to the NSE, enabling easy trading.

* Discusses the role of brokers.

* Example of buying shares of Adani Ports.

**E. Why People Lose in Trading (0:03:51 - 0:05:53)**

* 90% of retail traders lose money in the market.

* Retail traders often lack the resources and knowledge of larger market participants (HNIs, Institutions).

* Many start with call/put options instead of equity trading.

**F. Market Participants (0:04:12 - 0:05:53)**

* **Retail Traders:** Individual investors.

* **HNIs (High Net worth Investors):** Have offices, teams, and do thorough research.

* **Institutions:** Large companies (FIIs - Foreign Institutional Investors and DIIs - Domestic Institutional Investors) with research departments, risk management, and trading floors.

**G. Trading Styles (0:06:26 - 0:08:54)**

* **Intraday Trading:**

* Requires quick decisions and high screen time.

* Leverage is available.

* Includes scalping.

* **Swing Trading:**

* Requires higher capital than Intraday.

* Less leverage.

* Less screen time.

* Positions are held overnight.

* Includes normal swing & positional trading (holding position for 6 months or a year).

* **Investing:**

* Uses Fundamental Analysis (real performance of any share).

* Involves long-term perspective.

* Fundamental Analysis involves understanding Company's growth, timely tax payments, the ratio of share to the loans company.

**H. Trading Platform Demonstrations (0:08:55 - 0:15:28)**

* **Indian Market:**

* Uses trading platforms like Zerodha (Kite app), and Upstox.

* Shows how to buy shares of Adani Ports on Zerodha.

* Explains intraday trading and leverage, different margin rates for Intraday & Swing Trading.

* Shows call and put options trading (Bank Nifty, Nifty).

* Demonstrates adding funds and withdrawing funds.

* Telegram channel link shared for live market guidance.

* **International Market:**

* Uses MetaTrader 5 or Exness.

* Can trade Gold, Currency, and Bitcoin.

* Shows how to use the MetaTrader 5 and trade Bitcoin.

* Demonstrates placing a buy order.

* Explains the concept of spread (the difference between the buying and selling price).

* Shows how to set Stop Loss and Target Profit levels.

* Demonstrates accessing the trade history.

**I. Technical Analysis (0:15:29 - 0:17:59)**

* **TradingView:** A website (tradingview.com) for viewing and analyzing charts.

* Emphasizes learning to read candlestick charts (green and red candles).

* Highlights the importance of chart patterns, demand/supply zones, levels, trend lines, and other technical analysis tools.

* Announces upcoming videos on candlestick patterns, chart patterns, demand/supply, levels, trendlines, Fibonacci, market structure, Dow Theory, Elliott Wave, etc.

* Requests viewers to like the video (10,000 likes) for the next video to be unlocked.

* Mentions psychology and risk management will be covered as the course progresses.

* Reminds viewers to join the Telegram channel for market updates and guidance.

* Encourages viewers to provide feedback in the comments.