Master Trading Guide - 0 to Hero
1. Introduction to Trading
Trading means buying and selling assets (like stocks, crypto, forex, or indices) to earn profit. It is different
from investing because trading focuses on short-term gains.
2. Types of Trading
- Intraday Trading: Buying and selling on the same day.
- Swing Trading: Holding trades for few days.
- Scalping: Very quick trades in minutes.
- Long-Term Investing: Holding for months or years.
3. Trading Assets
- Forex: Currency pairs (like USD/INR).
- Crypto: Bitcoin, Ethereum, etc.
- Stocks: Company shares.
- Index: Nifty, BankNifty, etc.
4. Technical Analysis
Technical analysis is about reading price charts. Learn:
- Candlestick Patterns (Hammer, Doji)
- Support & Resistance
- Indicators: RSI, MACD, Moving Averages
- Chart Patterns: Triangle, Head & Shoulders
5. Fundamental Analysis
Study of company news, events, economic reports. Example:
- Quarterly earnings in stocks
- Economic news in forex
- Crypto regulations or updates
Master Trading Guide - 0 to Hero
6. Trading Platforms & Tools
- Use TradingView for charts
- Brokers like Zerodha (stocks), Binance (crypto)
- Practice using paper trading (no real money)
7. Trading Strategies
- Moving Average Crossover
- Breakout Trading
- Price Action (no indicators)
- Risk-Reward ratio of 1:2 or better
8. Risk Management
- Never risk more than 1-2% per trade
- Always use Stop Loss (SL)
- Position sizing = (Risk per trade / SL points)
9. Trading Psychology
- Stay calm, avoid overtrading
- Control greed and fear
- Maintain a trading journal to track your mistakes
10. Daily Routine of a Trader
- Morning: Check news and charts
- Pre-market: Mark important levels
- During trade: Follow plan, no emotion
- End of day: Journal your trades
11. Common Mistakes to Avoid
- Trading without Stop Loss
Master Trading Guide - 0 to Hero
- Overtrading or revenge trading
- Trading based on tips
- No proper plan or journal
12. Final Tips
- Be consistent, not perfect
- Learn from every trade
- Risk management is more important than profit
- Practice before using real money