Choose liquid stocks or instruments with high trading volume
Open a trading and demat account with a broker
Set a fixed daily risk limit before trading
Use a trading plan with clear entry and exit rules
Study price charts, support, resistance, and trends
Follow market news and economic events
Use stop-loss orders on every trade
Keep position sizes small
Enter trades only when your setup matches your plan
Avoid overtrading
Book profits quickly when your target is reached
Cut losses immediately when the stop-loss is hit
Avoid trading on emotions
Track every trade in a journal
Review performance regularly and improve your strategy