It is better for beginners to consult a stockbroker. But one needs to be extremely careful about the selection of brokers as there can be many fraudulent brokers.
start with a small amount
Beginners should start investing with small amount instead of investing huge amount in shares of one company and invest small amount in different stocks. This is because, if the stock makes a loss, there will be other stocks to help balance out the loss and you will lose less as a smaller amount is invested.
Better not to use margin feature
Initially people have less capital and during that time, they often go for margin facility. But for those who do not have strong knowledge of market technology, it can become a problem. In margin, the brokerage firm gives you the opportunity to invest a large amount on its behalf. This is risky. So invest only as much as you have money.
Invest for a few months. no hurries. Haste can hurt you. The more time you give, the more you will make profits.
take care of risk
The stock market can be risky, so one should invest with caution. You need to decide in advance how much capital you are willing to risk. A certain amount of time should be given in each stock so that the risk remains low.
Never put all your funds in one stock, rather diversify your funds. Also it is better to make a comparatively large investment once a year or quarter and then invest small funds in smaller stocks, equities and IPOs (Initial Public Offerings).
Trading & Investing
Trading is not better for beginners. Rather invest. Trading is for one day. There is more risk in this. Whereas investment is for long term. In this you keep the shares with yourself. So invest and avoid trading. For those people who want to earn income without devoting too much effort and time to analysis every second or minute, investment is the only option.