How to teach stock trading online

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The popularity of the stock trading in India has grown in recent years. People are looking to have multiple sources of revenue. Living from paycheck to paycheck doesn’t leave much savings for the future. The fixed deposits in banks don’t earn much interest. So, everyone is leaning towards making more money with their money through investing. This earlier used to be the work of the rich. But nowadays, even the middle class has shown initiative in investing. The new generation is especially more interested in stock trading than their parent generation. They are tech-savvy too. That means they can quickly learn and do stock trading online.

How to teach stock trading online

The popularity of the stock trading in India has grown in recent years. People are looking to have multiple sources of revenue. Living from paycheck to paycheck doesn’t leave much savings for the future. The fixed deposits in banks don’t earn much interest. So, everyone is leaning towards making more money with their money through investing. This earlier used to be the work of the rich. But nowadays, even the middle class has shown initiative in investing. The new generation is especially more interested in stock trading than their parent generation. They are tech-savvy too. That means they can quickly learn and do stock trading online.

This shows that there is a large pool of people who are interested in learning stock trading. You, as a tutor, thus have an excellent opportunity to start your share market classes. Here we talk about how to teach stock trading online.

Don’t skip the basics

When you start preparing the plan for the course, consider the fact that your students come from different backgrounds. A few may have some previous experience in the trading business, while others might be total newbies. So, start from the absolute basics. There are a lot of terms when it comes to stock trading like NIFTY, SENSEX, bull and bear market. Don’t assume your students already know it. 

Teach them about it. Explain the terms in detail. Give them a proper introduction to the stock market. What is it exactly? What is its purpose? How exactly does it work? This will give them a clear idea of what they are getting into.

Address the fears and risks

A lot of people want to start investing but are afraid of the financial risks. A few have the misconception that stock trading is like gambling. Through this share market training course, you can dispel these fears. Talk to them about the benefits of investing. Tell them about the strategies they can use to avoid heavy losses. Living on a salary is just not enough in this day and age. You need some extra source of income to live a comfortable life and save for future plans and emergencies.

Make them aware of this and encourage them to give investing a try. For people who hesitate, we recommend they start low. And as they start seeing consistent results, they can invest more money. There are a lot of different proven and relatively safer investing strategies and strategies to sell your course online course out there. Teach them about these strategies and encourage them to implement them.

Stockbroker

Your students can also choose to be a stockbroker. Here they don’t have to invest in stocks themselves. But instead, they can buy and sell shares on behalf of their client for a good commission. Again, this is an excellent opportunity for those who find stock trading risky. There are a lot of stock broker companies out there. Once trained by you, they can join any of these firms and start earning a commission.

Share brokers have to be persuasive to be able to convince the clients to buy the stock. Train your students with sales scripts and show them how it is done.

Keep updating your course

Stock trading is not a static subject. There are changes in regulations from time to time. It is your job to keep the students updated about these changes. Make sure the stuff you teach in your course is not outdated. Encourage your students to read newspapers and magazines to stay updated with the recent trends in the stock market.

You can either give the students lifetime access or charge them a yearly subscription fee when creating the course. For lifetime access, the updates would be free. And for the annual subscription model, they will have to pay every year to learn about the updates. New courses about stock trading are created every year. So make sure yours stays up to date.

Train them in practice

If your course just talks about the theory of stock trading, it will not be of much help to the students. In this field, students learn more by doing. So include practice assignments in your training. Ask them to do mock investments, apply the strategies you teach and see the results. You can even ask them to invest their money for real to get hands-on experience.

As you know, there is no one clear investment strategy that always gives you profit. A student has to figure out his investing strategy by trial and error. Train them in real shares to find a strategy that works for them.

The market trends keep changing from time to time. The market analysis you did a year ago is not applicable anymore. So keep the students updated with the study of recent market trends. Teach them how to analyze the market themselves. This way they don’t have to be dependent on you to make good investment decisions.

To sell this online course on stock trading, you will need an app or a website. Classplus will provide that platform for you to host the system. Get your own app which will be customized to your requirements. You can conduct live sessions, share recorded lectures to your students, share pdf files etc. Give it a try!