It sounds very complex, amazing & confusing at the same time. It is actually not confusing or hard, we just need to know how. We will see that in this.
This varies where are you putting your money
In Indian Stock Markets, 15,000 INR is a good amount of money to start with.
In the US NYSE & NASDAQ Markets, 2000$ is good enough to start with.
1) To do trading in India, you should have one of these apps
ICICI Securities
Kotak Stocks
HDFC Securities
2) In the US, there are lots of apps but I suggest, Etoro is the best for everyone.
Look for a stock you can afford & has a good increase/decrease in the price often.
Buy as many shares as you can afford at a low price.
Done! Now wait for the price to increase. You should have a target on what price to sell
Once the price has increased to your target, just sell it quickly.
The Profits you make are calculated: (What you sold at- What you bought at= Profit)
For exampleÂ
I buy 100 Shares of a stock at 105 INR (100 Shares x 105 INR = 10,500 INR Buy Cost)
The price goes from 105 INR to 118 INR, so I sell it off. (100 Shares x 118 INR Current value =11,800 INR)
So My profits are 1300 INR (11,800-10,500 INR= 1300 INR)
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