I want to deal in shares.?

I want to deal in shares, What is the procedure for getting started.
Please help me out from the beggning to end.Financil condition of my family is ........

Congratulations on getting started. Itâ€™ll help you more than you know!

Your first dollars should be spent on getting educated on investing. You don't have to train to trade them professionally, but we are talking about your future here. So the more you learn, the more it'll help you! So let's start there.

You ask a very broad question, so be prepared for a pretty long answer. Just take it in chunks!

How to invest depends on what you already know. We'll assume that you're beginning since you say you've got no clue!

A good primer is How to Make Money in Stocks by William O'Neil. You can get it cheap just about anywhere. Itâ€™s widely available new or used.

Another good one is one of Jim Cramer's books (heâ€™s got a few).

But books will only get you so far. At some point, you'll also want to get at least a little training. There are some great education companies if you want to make the investment. Investools.com or optionetics.com are both very good companies as is tmitchell.com

For free, you can start by visiting thestreet.com and investopedia.com. That'll get you a pretty good primer so at least you'll understand what the markets are and what a stock is, etc.

If you get a chance, watch Mad Money on CNBC. Don't trade any of his picks until you track many of them over time. Just use the show to get you to understand some basics and get a feel for the market itself.

Next, subscribe to something like Investorsbusiness daily or something like that that can help you identify good stocks.

Once you understand stocks, go to 888options.com. It's a website that'll help you understand options (what they do, how they work, etc). You don't need to trade them, but the more you know, the more you'll see how options can really be the safest way to invest (once you're educated).

For discipline (which is crucial to successful trading), probably Trading in the Zone by Mark Douglas or Mastering the Trade by John Carter

I know thatâ€™s a LOT to absorb. Just take it one step at a time for now. Start with a book or two to give you an idea of where to begin. Take your time, and let it seep in.

As you get up to speed, you should papertrade to practice (highly recommended). This should help reduce your losses in the beginning as you get used to buying/selling.

You can practice for free on almost any reputable broker site (optionsxpress, scottrade, thinkorswim, etc).

Start slow, then as you figure things out, you can buy more shares.

Congrats again on getting started. If you have any questions, please let me know.

Hope this helps!

Dealing in shares is the task of a stock broker. It is a job that takes time to learn and experience to do it right.

open the demate a/c in bank . joint the broker for share to purchase and sell. study the balance sheet for the share for purchasing and selling share.

ok dear my name is deepak, i can help u open ur account, where r u located, i m marketing executive and i open accounts for shares.. my contact no.is 9871518447,and i m located in delhi..

if u r in bad finanancil condition, pl keep away from the direct share market investment. u will, in ur desparation will lose money faster than any person in normal condition and state of mind. share trading needs lot of patience and balamced mind. ur mindset may make u a winner or a victim. go for mutual fund route. at this stage do not put all ur money at one go. use SIP route to spread out ur investment over next 6 months and average out ur cost.

For this purpose you might have to go to a person who is dealing in shares as you want.try to ask him how to proceed.it is such a business that you can earn heavily and the same is true for losing.You have to be careful.

4 rules to be a smart investor
Everyone is talking about the share market. Of how they made or lost money. Even those who have not invested have an opinion.

So what must you do now?

Here we tell you how to be a smart stock investor. Do note, all the information we provide is based on the assumption that you are a long-term investor who is willing to hold on to the stocks for five years at the least.

What you must do: Enter the market via a mutual fund
What you must not do: Directly plunge in on the basis of stock tips

A friend of mine is an avid stock investor in India. A few years ago, he shifted residence to the United States. When there, he wanted to start investing in stocks in the US but did not know how to start building a stock portfolio.

He began by investing in equity funds.

He selected a diversified equity fund. This is a mutual fund that invests in various stocks of various sectors. He would constantly look at the portfolio and then individually track the stocks and the sectors. He would read up on these stocks and sectors and keep tabs on their performance. Not only would he read the financial dailies and watch the relevant programmes on television, he would also go through a few finance Web sites to get updated.

He would then compare his observations with the way the fund manager handled the portfolio.

He would also look at the portfolios of a few other funds that were performing well to see which stocks they were investing in that his fund had not invested in.

This is how he slowly got entrenched into the stock market.

You can experiment with this option because investing in a diversified mutual fund is a smart way to get into the market. You have a fund manager and his team who will research and pick up stocks.

What you must do: Your homework
What you must not do: Be lazy about your investments

Do you have access to a website? Start surfing.

You can look at Web sites such as Yahoo! India Finance, Moneycontrol, Sharekhan, ICICI Direct, Equitymaster, Myiris and India Infoline.

If you do not have access to the financial dailies, you can even check them online: The Economic Times, The Financial Express, Business Standard and Business Line.

Watch business news on television and and check out the channel, CNBC.

Maybe you could subscribe to a business magazine. There are a number of them in the market: Business India, Business World, Business Today, Outlook Money, Capital Market.

Talk to your friends, colleagues and family members who do invest. Find out which stocks they are bullish on for the long-term and ask them why. Start reading about those stocks and their sectors.

What you must do: Start small but be consistent
What you must not do: Be erratic and keep postponing till you have a 'lumpsum'

Once you get into it, keep a list of stocks you would like to invest in for the long-term. Then, buy them regularly. A friend of mine used to regularly invest in Arvind Mills while another picked on ITC.

Every month, they buy a few shares of the company.

People are always under the mistaken notion that, if they have to buy shares, they must do so with a huge amount. This is not true. In fact, it makes sense to start small but be regular.

A friend of mine who trades online started by buying a few shares on and off when she had the cash. She did this with Infosys. Her first buy was just five shares. She kept buying over the years. When the price was high, she would buy a few. When it was low, she would get more. Over time, Infosys declared bonuses (free shares to the shareholders) so the number of Infosys shares in her portfolio kept increasing.

When you use this strategy, you sometimes buy the stock at a high price and sometimes at a low price. Over time, this evens out.

To see how this works, check out the example in Why you must buy shares gradually.

What you must do: Spread the risk
What you must not do: Place all your bets on one company

Always diversify.

Amongst stocks: When investing in stocks, make sure you do not put all your money in one single stock, however bullish you may be about it. Always spread your investment among a few stocks to reduce your risk.

Amongst sectors: Ensure all the stocks you are investing in are not from the same sector but from different sectors. Should one sector do badly, chances are the others will balance it out. If you invest in one stock only and that fails miserably, you will lose all your money. There is safety in numbers.

Let's say you decide to invest in five shares. And you pick on Cipla (pharmaceuticals), Infosys (information technology), Procter & Gamble (FMCG), ICICI Bank (banking) and Arvind Mills (textile).

The above selection is well diversified between sectors. But, if you had picked up on Cipla, Ranbaxy, Wockhardt (all pharmaceuticals) and Infosys and Wipro (information technology), you would have been focusing on two sectors only and a large portion of your investment would have been in pharma.

My friend, whom I mentioned above, was putting in large amounts of money into Arvind Mills every month. When she put in all the figures in an Excel spreadsheet, she realised it amounted to almost half of her entire stockmarket investments. After that, she began to focus on other stocks and stopped investing in this one stock.

Lesson learnt: keep monitoring your investments.

Amongst mutual funds: If you are investing in diversified equity funds to get started, ensure you have invested in at least two funds from different fund houses.

Amongst type of investments: Finally, don't invest only in stocks. Consider other fixed return investments like Kisan Vikas Patra, Public Provident Fund, National Savings Certificate, RBI bonds, bank fixed deposits.

Also look at debt mutual funds. Unlike equity funds which buy shares, these funds invest in fixed return instruments.

All the best!

Finally, there are two things you must remember about stocks and equity mutual funds.

1. Get ready to stay in for the long haul and ride the ups and downs in the market.

2. While they have the potential for the highest return, they are more risky than other investments. So, however cautious you are, you may lose.

I had given the following advice elsewhere.

The following are the steps:

1. Open a demat account. Just like a bank account which holds money, the Demat account is an account to hold shares in electronic form. You can open a demat account with any nationalised and private bank. Take note of the holding charges. some of the private banks are exhorbitant.

2. open a trading account with brokers like Religare, Kotak, Motilal, and others. Go for standard ones and not for sub-brokers or franchisies. Take note of the brokerage they charge for every transaction. 0.3% to 0.5% for delivery transcation is good. 0.03% to 0.05% for intra-day trading is good.

3. rather than buy and selling through a website on your own, it is better to do buying and selling through standard brokers like the ones mentioned above. They have advanced softwares like ODIN or ORION. Even that is online. It is better to make it through them.

4. Do not get carried away by the brokers recomendation of any stock. Listen to them but take your own decision.

I personally feel that the indian market has reached a alltime high. Be careful now. I feel you have to wait for a correction which is likely. Go only for Blue chips and A Grade companies. You can find a list of A grade companies in any national newspaper. Even if it falls after your purchase, do not worry. It is bound to come up again.

Very important. Please make sure you do not take any fundings (Loans to trade shares by brokers) before your are fully a seasoned trader.

Since you mention about your family, Please, Please, be very very very careful. Do not make loans to trade shares. Invest only your excess money, that too with due care, only on the Blue Chip companies. Do not get tempted by the promises of brokers.

For gods sake, do not believe that you can make a living out of share trading. Please with less money loss more. More money, great profit. Be careful. Invest your extra money and be happy. Sell them only when you are in profit and not otherwise at any cost. do not hesitate to ask further questions if any.

All my advice are from a "sweet and salt & salt" experience of many years in share trading.

Why?
If you have financial problems, don't gamble on the stock market.
It is a gamble.
Dave

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