1. Understand First: Trader Or Investor?

1. Learn The Basics

1. Choosing a Stockbroker

1. Start using stop loss At initial Stage

1. Don’t Short Sell at the beginning

1. Derivative Markets are not for beginners

1. Try not to invest your time in this if you have failed several times

1. In the beginning, start with small or little capital
2. You should improve trade accuracy by using a demo trading account in the beginning.
3. In the initial stage always use Stop-Loss options and targeted price before you start trading.
4. To become a successful stock trader understand all the technical and fundamental analysis.
5. Choose an authorized and regulated stockbroker.
6. Do not get too attached to your stocks.
7. Don’t invest that money in stocks which you need.
8. Take expert advice and not external advice that can lead you to failures.

• Agricultural commodities (Coffee, cocoa, wheat, etc)
• Metals (Gold, Silver, Iron, etc)
• Energies (Crude oil, Coal, and Natural gas)

Tips for Successful Commodity Trading

• Availability of Information - For popular commodities like Gold, Crude oil, and base metal, you can easily get the information. Brokers offer commodity trading and information to commodity investors.
• Huge investment - Most of the commodities required 4-5% of the total value of the contract and not a huge margin.
• Extremely Volatile - Metal and energy commodities are only increased by 6% and the agriculture commodities are raised to only 4%. However, the metal commodity is greatly affected by the global economy and market.
• Delivery is difficult - Many people think that they need to physically deliver the commodities which is not true. Because only commercial investors are responsible for the delivery of physical commodities.
• All about Speculation - Many traders think that commodity trading is only for speculative purposes. In all the financial markets, there are three types of people: hedgers, arbitrageurs, and speculators to find the price risk management on a particular commodity. Speculation is not pure gambling. Speculators help the hedgers to transfer price risk by injecting liquidity.

1. Don’t chase trends: People usually tend to follow trends and associate their portfolios with big names. As a result, they may often end up investing in stocks that are in the momentum of sale.
2. Buy low and sell high: This is the most basic stock advice everyone tells you but as old as wine, this always works.
3. Diversify your investments: Diversifying ensures that you don't tie up all your assets in one place. Investing in only one sector or one class of equity/asset can increase the risk of losses.
4. Control emotions: Short-term emotions of the investor reflect the performance and prices of company shares. This usually gives rise to herd mentality, where the investors' choice is exceptionally affected by the activities of different investors, instead of consistently examining the circumstance to choose.

• Understand the trademarks that are followed by the investors who succeeded.
• Learn about the future and the available options.
• Learn about the margin requirements for making the investment smartly and having the insight frequencies.
• Understand the technical and fundamental analysis.
• Be aware of the trading platforms, commodity attributes, resistance, and market support.

• Hard commodities: This type of commodity includes resources that are extracted or mined which includes oil, rubber, gold, etc.
• Soft commodities: This type of commodity includes agricultural products such as wheat, sugar, corn, etc.

• Physical commodity purchaser: When you used to trade in futures contracts you are not buying or selling the physical commodity itself. Making the in the physical commodity helps in getting the exposure in the precious metals such as gold, silver, and many more. By making the investment in this you can actually feel the weightage of the investment. But with the precious metals transaction can cost you higher than other investments.
• Commodities futures: This one of the most common ways of trading commodities is to buy and sell of the contracts on the futures exchange. In this type of investment, you use to enter into a future contract with an investor based on the future price of a commodity. For making the future investment or trading you need to set up an account with the specialty of a brokerage account. Traders can easily get access to these accounts by having an account with a brokerage firm that offers options and futures.
• Commodities mutual funds, ETFs, and ETNs: There are Exchange Traded Funds (ETFs), mutual funds, and Exchange Traded Notes (ETNs). These funds combine money from different small investors for building the large portfolios that try to track the price of the basket of commodities or a commodity. By doing the smaller investment you can easily get the opportunity to access a larger range of commodities. Also, you will get a professional investor to help you in building your platform.
• Commodities stocks: another option that you get is by buying the stock of a company that is involved with the commodity. For example in the case of oil, you can buy the stocks of the drilling company or oil refining company. Like this, you can invest in commodities. This type of stock investment follows up the prices of the underlying commodity. If the price of an oil commodity goes up, then an oil company should be more profitable so the prices of that share will also go up.
• Commodity pools and managed futures: These are the private funds that can be invested in the commodity. These are like mutual funds except some of them are not publicly traded so you have to get approval for buying the funds. These funds use the most complex trading strategies. Also here management costs can be higher.

• Follow the tips of the experts and not every individual as they may lead to getting at risk of loss.
• Ask for help whenever you are investing in the stock market as it will help you in avoiding losses.
• Invest in multiple commodities so as to avoid extreme loss and make various options for earning profits.
• Learn about the risk involved while making the investment so that you can avoid the risk by using different strategies.

• NCDEX has increased transparency in the market.
• It helps in assisting the farmers in the process of price discovery.
• It has also reduced the cost of the price data for farmers by removing the middleman.
• NCDEX has raised quality awareness.

1. Always go with the liquid stocks - Websites that suggest or give tips to intraday investors or traders always give a vital tip i.e., to always invest in liquid stocks which means never to invest in small or mid-cap stocks because they are not liquid enough to square off and the order is not executed. Liquidity is the main concern when you are dealing in intraday stocks because stocks with high liquidity provide an opportunity for the traders to buy and sell larger quantities with ease.

1. Freezing the entry and exit price of the stocks - Among the best intraday tips given by the experts to traders or investors is to freeze the price on which they will enter and exit the market at the end of a particular trading day. The reason behind this is that many stock investors or traders invest in a particular trade and then regret their decision of investing in that particular stock at the end of the trading day.

1. Booking profits when you reach the desired target - Any trader or stock investor exits the market when she/he thinks that the time is right to sell the stocks. Yet, the greed for earning more or waiting for the stock to rise up becomes an enemy of the investor or the trader because mostly it happens if the stock is not sold on the desired profit then there are chances that the prices may fall down to the ground with a blink of an eye. Another vital stock advice to investors is that buy and sell at the right time.

1. Researching the companies wisely - Any investor or trader must go through the performance of the stock of the companies because the stocks fluctuated due to various internal and external reasons like mergers between companies, acquisitions taking place, dividend payments, etc. For example, if you are trading or investing in gold stocks then websites like shyamadvisory.com are very helpful because they provide information through the “Gold tips today” column on their website that updates about the companies dealing with gold stocks.