Follow a mentor:

It’s always essential to follow the footsteps of a mentor in the chosen field. Get guidance regarding investments and learn the tricks of the trade. A mentor can be a person who has more years of experience in investment. It can be your relative or neighbour or teacher or anyone for that matter. You can get nuggets of wisdom from the mentor as he or she would know the ins and outs of the stock market.

Take online courses:

There are many online sites that provide courses and certifications in stock market trading. If you really want to get an edge over others, join these courses and get equipped with the essentials of the stock market. You can be a trader or investor in the share market. Traders hold stocks for a short period of time whereas investors hold stocks for a longer duration. As per your financial needs, you can choose the investment product.

Get expert advice:

There are financial experts who can help you in your financial planning and provide you with personalized investment solutions. Take their advice to make smarter investment decisions.

Analyze the market:

Always keep yourself updated with stock market news. Analyze the past trends and learn the pattern in which share market functions. Stock market is affected by political, economic and global factors. Look at the way the market reacted to each and every event. For example, take a particular stock and see its performance for a period of 5 or 10 years. By this, you can understand what all factors caused the price of stock to rise and the causes that made it fall.

Open demat and trading account:

Hands-on experience in the stock market will give you a better idea. Open a demat and trading account and begin investing in a small way. Gradually increase the percentage of money allotted to investments. Try investing in different assets and gradually you will become an expert in investing and trading. Demat and trading account can be opened online easily without any difficulties.