Goal: is post ke baad aap khud se trading account open karke pehla safe trade place kar paoge — bina overload hue, bilkul process follow karke.
Step 0: Pehle se kya ready rakho
- PAN card
- Aadhaar (mobile se linked OTP)
- Bank account + IFSC
- Photo + signature (white paper par)
- Current address proof (Aadhaar hi chalega)
Step 1: Broker choose karo (discount vs full-service)
- Discount broker (Zerodha/Angel One/Upstox type): low brokerage, DIY platform.
- Full-service broker: research/advisory milega, cost thoda zyada.
New trader tip: start discount broker se. Look for:
- App stability + charts
- Brokerage (intraday/delivery)
- Account opening & AMC charges
- Good customer support
Step 2: Demat + Trading A/c open karo (100% online)
- Broker app/website par Open Account.
- Mobile + email verify.
- PAN/Aadhaar e-KYC (OTP se).
- Bank link (paisa add/withdraw ke liye).
- In-Person Verification (IPV) — 5 sec ka selfie/video.
- DDPI/e-sign allow (shares sell & pledge ke liye; old PoA ka modern version).
- Segments choose: Equity (compulsory), F&O/Commodity agar chahiye (income proof lagega).
⏳ Usually a/c same day me activate ho jata hai.
Step 3: Segments & charges samjho
- Equity Delivery (CNC): aaj kharida, chahe jitne din hold.
- Intraday (MIS/INTRADAY): same day square-off; broker auto square-off time hota hai.
- F&O: income proof + higher risk; sirf basics strong hone ke baad.
- Charges: Brokerage + STT + Exchange Txn + Stamp + GST. (Normal hai; platform invoice me sab milta hai.)
Step 4: Funds add karo (UPI best)
- App → Add Funds → UPI/Netbanking.
- Small start: ₹5k–₹25k enough to learn.
Step 5: Platform setup
- Watchlist: NIFTY50, BANKNIFTY, 8–10 quality stocks.
- Charts: Candles; timeframe 5m/15m (intraday), Daily (delivery).
- Order types:
- Market (turant fill), Limit (price fix),
- SL / SL-M (stop-loss),
- AMO/GTT (market band hone par order place).
- Product: CNC for delivery, MIS for intraday.
Step 6: Pehla practice trade (risk-free mindset)
- Delivery se start karo: 1–2 shares of a large-cap.
- Limit Buy lagao (current se thoda niche).
- Stop-Loss set: entry se ~2% niche.
- Target: 1:2 risk-reward (2% risk → 4% target).
- Notes likho (kyun liya, result kya).
- Intraday try karna ho to tiny quantity + strict SL.
Step 7: Risk management — new trader ke golden rules
- Per trade max risk 1–2% of capital.
- Daily max loss fix (e.g., 3–4%) — hit ho to app band.
- No averaging losers.
- Overtrading nahin — sirf clean setup.
- Event days avoid: Budget, RBI policy, big results.
Step 8: Journal & learning loop
- Excel/Notion me Trading Journal: Date, scrip, reason, entry/SL/exit, P&L, screenshot.
- Hafte me 1 baar review: kya kaam kiya / kya nahi.
- 20–30 trades ke baad pattern clear ho jata hai → wahi repeat.
Step 9: Compliance & taxes (quick guide)
- Market time: 9:15–3:30 (pre-open 9:00–9:08).
- Settlement: Equity delivery T+1.
- Taxes:
- Delivery: STCG 15%, LTCG 10% (1L+ gains over 1 yr).
- Intraday equity = Speculative business income (ITR-3).
- F&O = Non-speculative business income (ITR-3).
- Brokerage/charges ko expense maana ja sakta hai (P&L me).
- Doubt ho to CA se consult
Step 10: Capital plan (seedha aur real)
- Start ₹5k–₹25k learning phase.
- 3 months: process build.
- Phir ₹50k–₹1L, bas risk % same.
- Consistency > profits. Market hamesha rahega; capital bachao.
Conclusion
Trading ko business ki tarah treat karo: rules, records, risk control. Pehle small wins, phir size.
Jab tak process strong nahin, profit pe focus mat karo. Consistency se hi compounding aati hai.