If you are thinking that investing in equities or in the share market as a beginner is not your cup of tea, then you might have to re-think. With the interactive stockbroker app offered by SMC Global Securities, everyone from a newbie to a pro-investor can invest easily. In this blog, we’ll go through the detailed steps to invest in equities.
How to Invest in the Share Market?
It must be clear that to invest in equities you need to have a well-defined objective, a research plan, and an online Demat/ trading account. Here are the detailed steps to start investing in the share market:
Select a Stockbroker and Open a Demat Account
The first step is to select a stockbroker which needs to be registered and provides a seamless way to invest across a mobile application and desktop. Choose an app that provides you with real-time equities updates. After that, you need to open a demat account and trading account by giving the basic details and completing the KYC process. Just visit the SMC Global Securities website or download the SMC ACE App and open a demat account. To start the account opening process, enter your name, email address, mobile number, and city.
Know your Investment Objectives
Set your clear investment objectives and time frame like you want to invest in a stock for a long period or you want to trade only for a day. This will also help you choose the right stocks and help in setting up a target price or stop loss.
Select Stocks
After knowing your investment objectives, you need to select a stock based on technical or fundamental analysis. However, doing a comprehensive analysis can be tough for you as a beginner. SMC Global Securities provides a detailed list of top gainers or losers stocks. You can also invest in the expert-curated list of stocks to fulfill your objectives.
Execute the Order
After selecting the stock, execute the order with a click and add funds to your trading account through your linked bank account. The key to minimizing the extreme losses is to set a stop loss. While executing various buy orders, it is good to avoid concentrating your investment on one sector, industry, or market cap.
Take Leverage
Through leverage, you can invest more money than what you actually have in your pocket. SMC Global Securities offers you a higher leverage for trading that allows you to take a larger market position. It must be noted that along with higher profits, the chances of losses also magnify in the leverage.
Evaluate Your Portfolio
After investing, it is important to review or restructure your portfolio on a periodic basis. SMC Global Securities provides your investment portfolio report and you can also take expert advice to make adjustments to your portfolio. Apart from that, you can also take guidance from a personalized relationship manager to analyze your portfolio and how you can meet your goals.
Level Up Your Knowledge
In order to learn and enhance your share market knowledge, you can read the SMC Securities Blogs. You will find detailed content on different topics be it top stocks in different sectors or the latest market happenings. You can also join the free webinars conducted by SMC Global Securities.
Conclusion
Investing in equities is now simplified and within 15 minutes you can open the free demat account with SMC Global Securities. Set your investment objectives and select the stocks after doing the analysis. Take expert advice on any front right from selecting the stocks or analyzing your portfolio.
About the Author: I am Sheetal Goel, working as a content writer at SMC Global Securities. I hold 5+ years of experience in financial research and writing. As an Economics graduate and MBA (Finance), I possess the right skills to add value to my work and make finance easy for the readers.