Knowledge and Discipline is the backbone for success of any trader. Government regulates the stock market through SCRA and its implementing agency SEBI. Brokers and market participants are regulated by SEBI. Commitments are honored and trading platform is provided by Brokers against a commission/brokerage. Trading Plan, strategy, habit to punch orders, continuous learning and analysis of trading helps trader become more & more professional. Trading is zero sum game. Traders with discipline tend to win over emotional/impulsive traders. Markets provide opportunity to sell even before buying. Earnings are possible in rising, falling and stagnant markets. Knowledge of instruments and its usage distinguishes professional trader with gamblers.
Hemant Kothari, , Basics of Stock Trading, exchanges, Government, knowledge and discipline, Market capitalisation, Market Participants, SEBI, trading instruments, Trading plan, types of trades
Hi,
your answers are brief and appropriate
Thank you Vignesh. Please suggest me where improvements are needed.