This lockdown could be a great opportunity for aspiring and new stock traders. They can utilize this time to add to their skills and knowledge.

If you’re a new stock trader – or want to become one – here are 5 things you should do this lockdown instead of Netflixing and possibly wasting time:

• Start following renowned and successful stock traders and market experts on social media platforms. Add them to your digital circle. Exposing yourself to their content, opinions, and hot-takes will provide you many learning opportunities.
• Enroll in a good online stock trading course. Do some research and pick a good program that ideally fits your proficiency level. Learning through share trading courses make the entire process quite systematic, efficient, and quicker.
• Find a few reliable online platforms that you can follow to get your stock market news and insights. There are many such platforms. Do your research to pick a handful that you understand well and can connect with. These are the sources that will keep you updated with the latest information and safe from the market FUD.
• Learn technical analysis. Just knowing how to trade stock isn’t sufficient. The ultimate goal is to build a high-value portfolio. For this, you need to actively learn the advanced concepts like triple Bollinger bands strategy, RSI compressions, time frame confluence, and more. The right online courses will cover these advanced concepts adequately. In addition, you must watch more videos and read articles around technical analysis. Don’t be just a beginner for too long; take your skills to the next level.
• Start taking care of your physical and psychological health. Stock trading can be emotionally draining. With their money at stake, even a slight movement in the market can cause discomfort to the new stock traders. So, it’s essential for you to be in good health. Start eating right. Exercise at home for at least 20 minutes a day.

These are five things new and aspiring stock traders should do during this lockdown.

Don’t let this period go waste. Turn it into an opportunity for yourself to learn more about stock trading and amp up your skills and knowledge.