HOW TO START YOUR STOCK MARKET JOURNEY: A STEP-BY-STEP GUIDE FOR BEGINNERS

How to Start Your Stock Market Journey: A Step-by-Step Guide for Beginners

How to Start Your Stock Market Journey: A Step-by-Step Guide for Beginners

Blog Article

My First Stock Market Steps (And How You Can Avoid My Mistakes)


Let me tell you a secret - my first stock market investment was a disaster. I bought shares of a "hot tip" company because the name sounded cool. Two months later, I'd lost 40% of my money. Ouch.


But here's the good news: you don't need to repeat my mistakes. After 5 years of learning (the hard way), here's exactly how I'd start today if I were beginning from zero.






Step 1: Opening My Account (The Easy Part)


I remember staring at the brokerage website, terrified I'd click the wrong button. Turns out, it's simpler than ordering Swiggy:





  1. Picked Zerodha (because my cousin's friend said it was good)




  2. Uploaded PAN/Aadhaar (took 2 tries - the selfie lighting was bad)




  3. Waited 2 days for approval (checked email every hour)




Pro Tip: Groww is even simpler if you're nervous. Their app feels like Instagram for stocks.






Step 2: My First ₹5,000 - Where It Actually Went


Here's what I wish I'd done instead of that "hot tip":


Option 1 (Super Safe):





  • ₹5,000 in Nifty 50 ETF (like NiftyBeES)




  • Today's me says: "Boring is beautiful"




Option 2 (Little Adventure):





  • ₹3,500 in Nifty ETF




  • ₹1,500 in Tata Motors (because I see their EVs everywhere)




What I actually did: Put all ₹5k in a random pharma stock. Don't be me.






Step 3: The Routine That Saved Me


After my early failures, I made these rules:


???? Every Friday 8 PM:





  • Check portfolio (but don't touch anything!)




  • Read one Zerodha Varsity chapter (their comics are weirdly fun)




  • Transfer next week's investment money to trading account




☕ Every 3 Months:





  • Review if any stock crossed 20% of my portfolio




  • Check if I'm still believing in my investments







4 Painful Lessons (Free For You)


1️⃣ Fees Matter More Than You Think





  • My first year: ₹2,800 in brokerage fees




  • Now: Under ₹500/year (by trading less)




2️⃣ Your Phone Is Your Worst Enemy





  • Deleted trading app from my home screen




  • Stopped checking prices during work hours




3️⃣ "Research" Doesn't Mean YouTube Comments





  • Now I only trust:





    • Annual reports (the "Management Discussion" part)




    • Moneycontrol's news section (not their forums!)






4️⃣ The Best Investment Wasn't a Stock





  • Spent ₹1,200 on a used copy of "The Intelligent Investor"




  • Saved me from at least ₹50,000 in mistakes







Your Turn - How to Start This Week




  1. Today: Open demat account (takes 15 mins)




  2. Tomorrow: Transfer ₹500-₹1,000 (any amount!)




  3. This Weekend: Buy your first ETF share




Need help choosing? Here's my latest blogs on stock market(not advice, just sharing!)


Question: What's stopping you from buying your first share? (I used to worry about looking dumb - turns out everyone starts somewhere!)

Report this page