Biggest Mistakes New Traders

Last Saturday, I was at Cafe Coffee Day near Janakpuri West metro, and this 24-year-old guy sitting next to me was literally crying on the phone. “Papa, sab paisa doob gaya. ₹1.5 lakh loss ho gaya sirf 2 mahine mein.”

I couldn’t help but listen (sorry, but it was that loud). Turned out, he joined some fancy “guaranteed profit” course in Rajouri Garden, paid ₹65,000 for it, and then jumped into options trading without any real understanding. Classic beginner mistake. I’ve been trading for 10 years now, and trust me, I’ve made pretty much every mistake in the book myself.

Today, I’m going to break down the 5 biggest mistakes new traders make – mistakes that cost people lakhs of rupees and months of frustration. Whether you’re looking for stock market training in West Delhi or planning to start from home with an online course, these mistakes apply to everyone.

By the end of this blog, you’ll know exactly what to avoid, how to choose the right trading courses in Uttam Nagar or anywhere else, and most importantly, how to NOT lose your hard-earned money like that guy at CCD.

Let’s get into it.

Meri Galtiyan: What I Learned the Hard Way

Before I point fingers at others, let me tell you about my own stupidity. Back in 2016, when I was just 2 years into trading, I thought I knew everything. Maine socha tha “course-vorse kya hi zarorat hai, YouTube dekh lunga.”

Bhai, ₹43,000 ka loss hua ek mahine mein.

I was doing random intraday trades based on some guy’s Telegram tips. No stop loss, no risk management, no understanding of chart patterns – basically flying blind. Then I wasted ₹18,000 on a course near Dwarka Sector 21. Fancy office tha, AC rooms, free coffee – but teaching? Zero practical knowledge. Sirf theory padha rahe the, jo maine online bhi padh sakta tha.

The teacher had never actually traded with real money. Think about it – would you learn driving from someone who’s only read about cars but never driven one? That’s what most institutes do. They hire people with degrees but no real trading experience.

Finally, in 2017, I found a small institute near Tilak Nagar. No fancy setup, but the trainer – an actual full-time trader – taught me live market trading. Usne mujhe risk management sikhaya pehle, profit banana baad mein. That changed everything.

Since then, I’ve personally visited 20+ trading institutes across West Delhi – from Uttam Nagar to Janakpuri to Dwarka. I’ve seen the good, the bad, and the absolute scams.

Today’s blog is basically 10 years of my mistakes compressed into one article so you don’t have to waste your time and money like I did.

Mistake #1: Jumping Into Trading Without Proper Education

This is the biggest mistake. Period.

Look, I get it. You see those Instagram reels – “₹10,000 to ₹1 lakh in 3 months!” Some guy showing his profit screenshots, fancy car in the background, and you think “yaar, main bhi kar sakta hun.”

Real talk – trading is not gambling. It’s a skill. You need to learn it properly.

Most beginners make these sub-mistakes:

They open a Demat account (Zerodha, Groww, whatever)
They put ₹50,000-1 lakh
They randomly buy stocks based on news or tips
They panic when prices fall
They hold onto losing positions hoping “wapas upar aa jayega”
They end up losing 30-50% within months

Here’s what you should actually do:

Start with education first, capital later. Get yourself enrolled in a proper stock market training in West Delhi or any legitimate institute. I’m not saying you need to spend ₹1 lakh on courses, but invest ₹15,000-25,000 to learn the basics properly.

What to learn:

How the stock market actually works (NSE, BSE, trading hours, market orders)
Technical analysis (candlestick patterns, support resistance, trendlines)
Fundamental analysis (if you want to invest long-term)
Risk management (this is MOST important)
Psychology of trading (seriously, your mind is your biggest enemy)

And here’s the thing about location – agar tum West Delhi mein ho, don’t waste 2 hours traveling to Connaught Place or South Delhi for classes. Traffic mein hi din nikal jayega. Find something near Uttam Nagar metro, Janakpuri, or Dwarka. Your time matters.

Online courses are also great – online trading course India options are increasing, and honestly, for theoretical knowledge, they work well. But for doubt-clearing and mentorship, offline classes have an edge. More on this later.

Mistake #2: Choosing the Wrong Course or Institute

Achha, ab aate hain course selection pe. This is where most people mess up.

I’ve seen people paying ₹75,000 for courses that teach nothing beyond what’s available free on YouTube. On the other hand, I’ve seen solid trading classes near Uttam Nagar metro charging ₹15,000 and providing lifetime mentorship.

Red flags to watch out for:

1. “Guaranteed Profit” Promises Agar koi bhi institute yeh kehta hai “100% guaranteed returns” ya “trade with us, we’ll make you rich” – bhaago. Seriously. Trading mein guarantee sirf ek cheez ki hai: Risk. Anyone promising guaranteed profits is either lying or running a scam.

2. No Live Trading Sessions If the course is only theory-based PowerPoint slides and recorded videos, it’s not worth it. You need to see real-time trading. The trainer should open their trading terminal and show you how they analyze, enter, and exit trades – live market mein, not in hindsight.

3. Trainers Who’ve Never Traded Ask the trainer directly: “Aap khud trade karte ho? Kitne saal se?” If they get defensive or give vague answers, that’s your sign. A good trainer will proudly show their trading journey.

4. Huge Batch Sizes If there are 50-100 students in one batch, forget about personal attention. You want max 15-20 students per batch. This is especially important for forex trading classes in Delhi where concepts can get technical.

What to look for instead:

Small batch sizes – Personal doubt clearing is crucial
Live market sessions – Theory is useless without practical application
Post-course support – WhatsApp groups, mentorship calls, doubt sessions
Experienced trainers – People who’ve actually made money trading
Realistic expectations – Honest about risks, not just focused on profits

I’ll talk about a specific institute later in this blog that I personally visited and found pretty solid, but first, let’s cover the remaining mistakes.

Mistake #3: Not Understanding Different Types of Trading

Matlab yeh samajh nahi aata logo ko – stock market, forex, crypto, intraday, swing, options – sab alag alag cheezein hain. You can’t just jump into “trading” without knowing what type suits you.

Let me break it down simply:

Stock Market Trading

This is the most common. You’re buying and selling shares of companies listed on NSE or BSE.

Intraday Trading: Buy and sell on the same day. High risk, high reward. Needs constant monitoring from 9:15 AM to 3:30 PM. Best suited for people who can dedicate full time.

Swing Trading: Hold positions for days or weeks. Less stressful than intraday. You can do this alongside a job. I personally prefer swing trading – more calculated, less emotional.

Positional/Investment: Hold for months or years. This is not really “trading” – it’s investing. Based on fundamental analysis of companies.

Forex Trading

Currency trading. You’re trading currency pairs like USD/INR, EUR/USD, GBP/USD. Market is open 24 hours (unlike stock market). Very liquid, high leverage available.

But here’s the catch: Forex trading mein regulation thoda tricky hai India mein. RBI allows only certain currency pairs through registered brokers. Many Indians trade forex through international brokers, which is technically in a grey area legally. If you’re serious about forex, join proper forex trading classes in Delhi where they explain regulatory aspects clearly.

Cryptocurrency Trading

Bitcoin, Ethereum, altcoins – this is the new hotness. High volatility means high risk but also huge profit potential.

How to trade cryptocurrency for beginners? First, understand blockchain basics (don’t worry, you don’t need to be a tech expert). Then, register on Indian exchanges like WazirX, CoinDCX, or CoinSwitch. Start with small amounts – crypto can move 10-20% in a day easily.

Tax situation: Any profit from crypto is taxable at 30% plus cess. No deductions allowed. Government ka stance clear hai – they’re watching.

If you want to learn crypto properly, look for a crypto trading course near me specifically. General stock market courses don’t cover crypto adequately.

Which One Should You Start With?

Honestly? Stock market.

It’s regulated (SEBI), liquid, less complex than forex or crypto, and there’s plenty of educational material available. Once you’re comfortable with stock market trading, you can explore forex and crypto.

Don’t try to learn everything at once. Mai khud yeh mistake kar chuka hun. 2018 mein maine simultaneously stock market, forex, aur crypto teenon mein trade karna shuru kiya. Result? Confused tha, paisa bhi dooba, aur kuch properly seekh bhi nahi paaya.

Focus on one thing. Master it. Then move to the next.

Mistake #4: Ignoring Risk Management

Bhai, yeh sun lo carefully: Risk management hi wo cheez hai jo amateur aur professional traders ko alag karti hai.

Most new traders focus only on “kitna profit hoga.” Nobody thinks “kitna loss ho sakta hai.”

I’ve seen people put their entire ₹2 lakh savings into 2-3 trades. Ek trade ulta gaya, aur half savings gone. That’s not trading, that’s stupidity.

Basic Risk Management Rules:

The 2% Rule: Never risk more than 2% of your total capital on a single trade. Agar tumhare paas ₹1 lakh hai, one trade mein max ₹2,000 loss accept karo. Use stop loss accordingly.

Stop Loss is Non-Negotiable: Every trade needs a stop loss before you enter. Not after. BEFORE. Decide pehle hi – “is price pe main cut karunga loss ko.” Then stick to it. No “thoda aur wait kar leta hun” nonsense.

Position Sizing: Don’t put all money in one stock/trade. Diversify across 5-7 positions minimum. If one fails, others can compensate.

Risk-Reward Ratio: Aim for at least 1:2. Matlab agar ₹1,000 risk le rahe ho, target minimum ₹2,000 profit ka rakho. Anything less is not worth it.

Don’t Trade on Emotion: Lost a trade? Don’t immediately take another to “recover” the loss. That’s called revenge trading, and it’ll destroy your account. Take a break. Analyze what went wrong. Then plan your next move.

Most institutes don’t teach this properly. They’re busy showing profit screenshots. A good stock market institute in Janakpuri or anywhere else should dedicate at least 30% of the course to risk management alone.

Trust me, agar tumne risk management seekh liya, profit automatically aane lagega. But agar sirf profit chase karoge without risk management, you’ll blow up your account within months.

Mistake #5: Not Practicing Before Going Live

Yeh mistake sabse common hai and sabse expensive bhi.

People attend a course, watch a few YouTube videos, aur seedha real money se trade karna shuru kar dete hain. Bhai, would you drive on Delhi roads after just reading about driving? No, right? You’d practice first.

Same logic applies here.

Paper Trading / Demo Trading:

Most trading platforms offer demo accounts where you can trade with virtual money. TradingView, Investing.com, even Zerodha has Kite demo. Use these for at least 1-2 months before putting real money.

Practice:

Identifying chart patterns
Placing orders (market, limit, stop loss)
Managing multiple positions
Reacting to sudden market movements
Controlling your emotions during losses

But here’s the thing: Paper trading doesn’t give you the emotional experience of real trading. When it’s fake money, you won’t feel the fear or greed. That only comes with real capital.

So what should you do?

Start with minimal amount. ₹10,000-15,000 max. Trade with this for 2-3 months. Consider it your “tuition fee” to the market. You’ll probably make mistakes and lose some money – that’s fine. Better to lose ₹3,000 while learning than losing ₹50,000 later.

Track Everything:

Maintain a trading journal. Excel sheet bana lo. For each trade, note down:

Date and time
Stock/currency/crypto name
Entry price, exit price
Reason for entering (technical pattern, news, strategy)
Profit/loss
What you learned

After 50-100 trades, you’ll start seeing patterns in your own behavior. “Maine hamesha X situation mein galat decision liya.” That self-awareness is gold.

West Delhi Mein Trading Classes: Area-wise Complete Picture

Achha, ab baat karte hain specifically West Delhi ke baare mein. I’ve personally traveled across this entire area checking out institutes, so I can give you honest ground reality.

Uttam Nagar

Metro Pillar 654 ke paas, Uttam Nagar East metro station – yeh area kaafi bustling hai for educational institutes. Coaching centers, computer classes, and yes, trading institutes bhi bahut hain.

The good thing? Accessibility. Uttam Nagar metro Blue Line pe hai, so Dwarka, Janakpuri, Tilak Nagar, even Rajouri Garden se easily accessible hai. Plus, fees generally reasonable hain compared to South Delhi or Central Delhi institutes.

Parking? Thoda challenge hai. Metro se walking is the best option honestly – 2-3 minute walk se sab kuch mil jayega.

I found one solid institute here (I’ll talk about it in detail next section) right next to the metro station. But generally, Uttam Nagar has decent options for trading courses in Uttam Nagar – just make sure you visit personally before paying any fees.

Janakpuri

Janakpuri District Centre area is slightly more premium than Uttam Nagar. You’ll find a mix of coaching centers here – from CA classes to MBA prep to yes, stock market institute in Janakpuri options.

The vibe here is more professional. Institutes tend to have slightly better infrastructure – AC rooms, better seating. But fees bhi accordingly high hote hain.

Metro connectivity is excellent – both Janakpuri East and Janakpuri West stations are well-connected. If you’re coming from Dwarka, Rohini, or even Gurgaon side, Janakpuri is convenient.

Traffic during peak hours? Janakpuri West metro ke paas thoda jam hota hai evening mein, so plan accordingly.

Dwarka

Premium area hai, so expectations bhi waise hi rakho. Institutes in Dwarka Sector 6, 7, 10 – they’re usually targeting slightly higher-income group. Infrastructure top-notch hoga, but fees bhi ₹40,000-70,000 range mein mil jayengi easily.

Honest opinion: Unless you’re living in Dwarka itself, I don’t think it makes sense to travel here for trading classes. The premium you’re paying is mostly for the location and infrastructure, not necessarily better teaching.

But if you’re a Dwarka resident and don’t want to commute to Uttam Nagar, then sure, explore options in Sector 10-12 area.

Tilak Nagar

This is my area, so I’m slightly biased, but hear me out. Tilak Nagar is more budget-friendly overall. You’ll find smaller institutes, individual trainers, home-based coaching setups.

The teaching quality varies a lot. Some are genuinely good experienced traders offering personalized training. Others are just trying to make quick money from the trading course trend.

For trading classes near Uttam Nagar metro, consider that Tilak Nagar is just one stop away on the metro. Very convenient commute.

Area Comparison (My Personal Take)

If you’re from:

Dwarka/Uttam Nagar/Najafgarh side: Uttam Nagar makes most sense. Metro connectivity + reasonable fees.
Janakpuri/Vikaspuri/Punjabi Bagh side: Janakpuri District Centre is convenient.
Rajouri Garden/Moti Nagar/Kirti Nagar side: Either Janakpuri or Tilak Nagar works.
Rohini/Pitampura side: Consider institutes near Netaji Subhash Place or Rajouri Garden.

Don’t waste 2 hours daily in commute just because some institute looks fancy. Your time has value. Find something within 30-40 minutes travel time maximum.

MonarkFX: Maine Personally Visit Kiya Tha – Honest Review

Thik hai, ab baat karte hain specifically MonarkFX ki. Maine khud December mein unka office visit kiya tha – not as a student but to see what they’re offering, teaching style kaisa hai, and whether it’s worth recommending to people.

Location Details:

Address hai B-28, second floor, Hari Nagar, B Block, JJ Colony, Uttam Nagar, New Delhi – 110059.

Find karna kaafi easy hai. Uttam Nagar East metro station se bahar aao, Metro Pillar 654 dekho – literally wahin area mein hai. 2-minute walking distance. Google Maps pe search karo “MonarkFX” ya “Metro Pillar 654” – aa jayega.

Office second floor pe hai. Ground floor pe koi general store type hai, so that’s your landmark. Small building, but location ekdum prime hai metro ke paas.

First Impression

Office decent hai. Not super fancy with glass doors and leather sofas, but clean and functional. You can see they’ve invested more in teaching equipment – multiple screens showing live charts, good internet connection (this matters for live trading sessions), whiteboard for explaining concepts.

Seating arrangement is simple. Around 15-20 student capacity per batch. I like this because you actually get personal attention, not like those massive halls with 50+ students where trainer can’t even remember your name.

Meeting the Trainers

I met both Dinesh Sir and Sagar Sir.

Dinesh Sir – He’s the lead trainer, 8+ years trading experience. Pehli baat mein hi samajh aa gaya ki banda practically trade karta hai. He was showing me some recent intraday trades on his screen – actual positions with P&L visible. That confidence comes only when you’re actually making money trading.

His specialty is technical analysis. Charts dekh ke trends, patterns identify karna – usme pakka hai. Students call him “Chart ka Doctor” 😄 (students ne bataya mujhe yeh naam).

One thing I noticed – he doesn’t use complicated jargon unnecessarily. Candlestick patterns ko aise explain karta hai jaise koi story suna raha ho. “Dekho, yeh Doji candle hai – matlab market confused hai, buyers aur sellers dono equal strength pe hain.” Simple, clear.

Sagar Sir – He handles fundamental analysis and swing trading. Background finance mein hai (MBA in Finance, I think he mentioned). If you want to understand company valuations, balance sheets, P&E ratios – he’s your guy.

Very patient with beginners. Maine deliberately kuch basic questions pooche “P&E ratio kya hota hai” types – he didn’t make me feel stupid. Properly explained with examples. That matters, because beginners are already nervous.

Course Structure

They offer multiple courses depending on your level:

Basic Stock Market Course: For complete beginners who don’t know NSE, BSE, Demat account – kuch nahi. This covers fundamentals. Duration 2-3 months. Good for college students or anyone starting from scratch.

Advanced Technical Analysis: For people who know basics but want to learn chart patterns, indicators, strategies deeply. 3-4 months ka course.

Intraday & Swing Trading Strategies: Practical strategies for different trading styles. Live market mein testing. This is probably their most popular course.

Forex Trading Masterclass: Specifically for currency trading. Currency pairs, forex brokers, international market timings – sab detail mein. If you’re searching for forex trading classes in Delhi, this could work.

Cryptocurrency Trading: Bitcoin, Ethereum, altcoins – blockchain basics se lekar practical trading tak. They use Indian exchanges like WazirX for teaching. If you want to know how to trade cryptocurrency for beginners, this course covers it step-by-step.

Options & Futures: Advanced stuff. Not for beginners at all. If you’re already trading stocks and want to explore derivatives, then consider this.

What I Liked

1. Live Trading Sessions: This is huge. They don’t just show you yesterday’s charts and explain what happened. They actually open positions in live market and show thought process – “yeh pattern ban raha hai, so I’m entering here, stop loss yahaan, target yahaan.”

2. Small Batch Size: Maximum 15-20 students. You can ask questions freely without feeling awkward. Trainer remembers your name, your progress.

3. Lifetime WhatsApp Support: After course completion, they add you to a WhatsApp group. You can post your doubts, share your trades for feedback. Many institutes do this initially then ignore – but maine purane students se baat ki, they said support actually continues.

4. Both Online and Offline: If you can’t travel daily, online option hai. Classes Zoom/Google Meet pe ho jati hain. Recordings mil jaati hain for revision. But honestly, agar possible ho, offline attend karo – better interaction.

5. Focus on Risk Management: They genuinely teach you how to NOT lose money first. “Pehle capital bachao, profit baad mein” – this philosophy is right. Too many institutes skip this part.

6. Realistic Expectations: No “become crorepati in 6 months” nonsense. They clearly say trading is difficult, losses honge, patience chahiye. I respect that honesty.

7. ISO Certified: Their courses are ISO certified, which means kuch standard toh follow kar rahe hain. Not that ISO is everything, but it’s better than random non-certified institutes.

Course Fees

Fees depend on which course you’re taking. Roughly ₹15,000 to ₹45,000 range.

Basic course cheapest hai (around ₹15,000-18,000). Advanced courses like Forex or Options go up to ₹35,000-45,000. Honestly, it’s reasonable compared to Delhi standards where I’ve seen institutes charging ₹75,000 for less content.

They also have some payment flexibility – EMI options available through tie-ups with finance companies. So agar ek baar mein ₹40,000 nahi de sakte, monthly ₹5,000-7,000 ka option hai.

Contact Details

Phone: +91 87504 75852 or +91 9220797499

Maine personally pehli baar call karke enquiry ki thi before visiting. Call receive ho gayi properly, person ne time fix kiya visit ke liye. Professional approach.

Email: service@monarkfx.com

Timings: Monday to Saturday, 9:00 AM to 6:00 PM. Sunday they’re closed.

Agar visit karna hai, better hai ki 11 AM to 4 PM ke beech jao. Trainers free rehte hain tab, plus you can see ongoing classes bhi.

Honest Drawbacks (Because I Don’t Do Fake Reviews)

1. Office Space: Decent hai but not luxurious. If you’re expecting glass cabins and fancy furniture, this is not that. Focus is on teaching, not decor. For me personally, that’s fine – but some people care about aesthetics.

2. No Social Media Presence: Yeh thoda weird hai 2025 mein. They don’t have active Instagram or Facebook. Website hai but basic. Old-school style. Personally I don’t care, but for younger generation who discovers everything through social media, this might be a turn-off.

I asked them about this – they said “humara focus teaching pe hai, marketing baad mein dekhenge.” Fair enough, but dude, at least Instagram pe kuch post karo. It helps students see your credibility.

3. Batches Get Full Quickly: Because batch size small rakhte hain, slots quickly fill ho jate hain. I was told next basic course batch 3 weeks wait hai. So if you’re decided, book in advance.

4. Parking Near Metro: I mentioned this in area review – metro station ke paas parking challenge hai. But honestly, metro se aa jao. Why bring car anyway in that traffic?

Student Success Stories (Real Ones I Heard)

I spoke to a couple of their previous students:

Rahul from Dwarka Sector 10: Started in August 2024 with zero knowledge. Did their Basic + Advanced course combo. Ab consistently ₹5,000-7,000 monthly kama raha hai intraday trading se. Not huge amounts, but steady. More importantly, he’s not losing money – jo ki beginners ke liye biggest achievement hai.

Priya from Janakpuri: She was doing a job in Noida (HR position). Wanted to learn trading as side income. Joined swing trading course. Ab monthly 2-3 trades lete hai, hold karte hai 1-2 weeks. Average ₹8,000-10,000 monthly profit. Job bhi continue hai, trading bhi.

These are realistic examples. Not “I made ₹10 lakh in 3 months” type fake stories.

My Verdict

If you’re in West Delhi and seriously want to learn trading (stock market, forex, or crypto), MonarkFX is a solid option. Not perfect, but definitely legitimate and worth considering.

Small batch size, experienced trainers, practical approach, lifetime support – these things matter more than fancy office and social media presence.

Location advantage is big – Uttam Nagar East metro makes it accessible for most of West Delhi.

Fees are reasonable by Delhi standards.

Just visit once personally. Meet Dinesh Sir and Sagar Sir. Ask questions. Check out their trading setup. Then decide. Don’t just pay online after seeing a website.

Call them: +91 87504 75852. Tell them you read about them, want to visit. They’re usually flexible with timing.

Beginners Ke Liye Real Advice (From Experience)

Achha, ab thoda practical advice de deta hun jo maine 10 years mein seekha hai. Whether you join MonarkFX, some other institute, or learn online – yeh cheezein help karengi.

1. Demat Account First

Before joining any course, pehle Demat account open kar lo. Zerodha, Groww, Upstox, Angel One – koi bhi major broker choose karo.

Why do this first? Because during your course, you’ll need to practice. Real account pe paper trading kar sakte ho without actual money. Plus account opening process takes 2-3 days, so better do it in advance.

2. Start with Small Capital

₹10,000 to ₹20,000 is enough to start. Don’t put ₹1 lakh immediately thinking “zyada paisa, zyada profit.”

More capital means more risk when you’re learning. Better to make mistakes with ₹15,000 than with ₹1 lakh. Capital badha sakte ho later once you’re consistently profitable.

3. Use Paper Trading Apps

Before real money, paper trading is must. Free apps available hain:

TradingView: Best for charts and technical analysis. Free version kaafi hai beginners ke liye.

Investing.com: Good for tracking stocks, news, economic calendar.

MoneyControl: Indian stocks ke liye best. Real-time data, news, analysis.

Practice for at least 1 month on these. Identify patterns, place virtual trades, see how market moves.

4. YouTube for Free Learning (But Don’t Replace Paid Courses)

Some genuinely good YouTube channels:

Pranjal Kamra (Finology): Beginner-friendly, covers basics well
CA Rachana Ranade: Fundamental analysis, investing concepts
Pushkar Raj Thakur (Stock Market): Technical analysis focus
Asset Yogi: Options trading, advanced strategies

YouTube pe theory learn kar sakte ho free mein. But practical mentorship, live trading, doubt clearing – woh sirf proper online trading course India ya offline classes se hi milega.

YouTube is supplement, not replacement.

5. Risk Management Non-Negotiable

I’ve said this before, saying again: 2% rule follow karo.

₹1 lakh capital hai? Single trade mein max ₹2,000 loss risk karo. Use stop loss. No exceptions.

6. Common Beginner Mistakes to Avoid

Overtrading: Don’t take 10 trades daily. Quality over quantity. 2-3 good trades per week is enough.
No Stop Loss: Suicide hai. Always use stop loss.
Following Tips Blindly: Telegram tips, WhatsApp groups, “insider information” – avoid. Do your own analysis.
Revenge Trading: Lost a trade? Take a break. Don’t immediately jump into another to recover loss.
Ignoring News: Budget day, RBI policy, major company results – yeh events market move karte hain. Calendar pe note karo.

7. Be Patient

Trading is not a get-rich-quick scheme. It’s a skill that takes months, sometimes years to master.

First 6 months mein agar breakeven bhi hua (no profit, no loss), consider it success. Seriously. Most beginners blow up accounts in first 3 months.

Focus on learning, not earning initially.

8. Crypto Trading Tips

Since crypto trading course near me is a popular search, quick crypto-specific advice:

Start with Bitcoin and Ethereum only. Don’t touch random altcoins initially.
Use Indian exchanges: WazirX, CoinDCX, CoinSwitch. Avoid international exchanges initially (KYC issues).
Never invest more than 5-10% of your total portfolio in crypto. It’s highly volatile.
Tax is 30% on profits. Factor this in your calculations.
Don’t keep large amounts on exchange. Use hardware wallet if holding long-term (though this is advanced, learn later).

9. Job Ke Saath Trading

If you’re doing a job, don’t quit for trading. At least not for first 1-2 years.

Swing trading is best for working professionals. You can analyze charts after 6 PM, place orders, set alerts. No need to watch market whole day.

Intraday requires full-time attention 9:15 AM to 3:30 PM. Not practical if you have a job.

10. Track Your Progress

Excel sheet bana lo or use apps like Edgewonk, TraderSync for trade journaling.

Every trade – win or loss – note down reason for entry, exit, emotions, learnings.

After 100 trades, analyze. You’ll find patterns: “Main hamesha Friday ko galat trades leta hun” ya “Main small profits book kar leta hun but losses run karne deta hun.”

Self-awareness hi improvement ka first step hai.

Sabse Zyada Pooche Jaane Wale Questions

1. Kitna paisa lagta hai trading shuru karne mein?

Dekho, honestly speaking, ₹10,000 se bhi shuru kar sakte ho. But realistically, ₹20,000-50,000 comfortable range hai.

Ismein ₹15,000-20,000 course fees (agar stock market training in West Delhi join kar rahe ho), ₹500-1,000 Demat account charges (one-time), baki trading capital.

Don’t take loan for this. Only invest money you can afford to lose completely without affecting your lifestyle. This is important. I’ve seen people take personal loans for trading – disaster hota hai because trading pressure mein nahi hota achhe se.

Start small, grow gradually as you become profitable.

2. Online course better hai ya offline class join karein?

Both have advantages:

Online Course:

Flexible timing (9 PM ko bhi class attend kar sakte ho after job)
No commute (Delhi traffic se bachoge)
Usually slightly cheaper
Recordings available for revision
Good for self-disciplined learners

Offline Class:

Personal interaction with trainer
Immediate doubt clearing
Meet other students (networking helps in trading)
More accountability (class bunk nahi kar sakte easily)
Better for people who need structure

My recommendation: If you’re disciplined and time-constrained (job walon ke liye), go online. If you’re a beginner who needs hand-holding and have