Learn the basics of stocks, indices, and market terminology
Understand what futures and options are
Study how derivatives contracts work
Learn call options and put options
Learn futures contracts and margin requirements
Understand strike price, expiry date, premium, lot size, and open interest
Learn intrinsic value and time value
Study option Greeks: delta, gamma, theta, and vega
Learn payoff charts for buyers and sellers
Understand risk, leverage, and margin calls
Learn position sizing and capital management
Study stop-loss and target setting
Practice reading charts and price action
Learn technical analysis basics
Follow market news, events, and volatility
Start with paper trading or a demo account
Keep a trading journal
Learn from mistakes and review trades regularly
Use a small amount of capital when starting live trading
Avoid overtrading and emotional decisions
Learn taxation, brokerage, and transaction costs
Follow exchange rules and contract specifications
Study one strategy at a time
Backtest strategies before using real money
Focus on risk management before profits
Keep improving through books, courses, and market practice