The Stock Market is a business, where you learn something new every day, sometimes by earning money or sometimes by losing money. Now on time period, if you want to be an engineer then you will have to do 4 years B. Tech course. If you want to be a doctor, then 5 years of MBBS. If you have done an MBA, then the whole thing is 2 years, so on average, you get an education for 3–5 years and then you can become something.
In the Stock Market too, it will take about 3 years to become a successful investor, which is almost equal to other professions, here you will make mistakes and learn every day.
There are 3 ways to get Stock Market Education
1. Join coaching or class that usually costs from 50000 to 1 lakh. In this way, you will get theoretical knowledge but there is no special guarantee of your success by trying it in the market.
2. On Youtube, you will find courses from all over the world, who will claim to give you complete Stock Market knowledge through a chart. This method will make you feel like a master at the time of watching the video and you will feel that it is easy to earn money from the market, but after taking(or actually making) the trade, this knowledge will evaporate.
3. The third method is ‘Eklavya Method’
This path is long and full of hard work, but there is the highest chance of success. It will start with studies because books are the best friends of humans. You can read the following books
Here are links for these books:
By reading these books, you will be able to learn and understand Investing. Then comes the number of YouTube here, you can quickly understand some terms related to fundamental analysis like PE ratio, CASA ratio, Debt to equity ratio, cash inflow, etc. and practice every learned thing on some websites like Moneycontrol, Screener, Zerodha, etc.
Then comes the technical analysis for which you have to understand chart patterns, moving averages, MACD, RSI, etc. and practice opening and viewing of charts of different companies. In the live market HOURS also start the practice of all these.
In this way, by working slowly and smartly, you will be able to learn the Stock Market and become a successful investor.