What classes should i take to be an expert on the stock market?
(I know no one can really be an expert on the stock market because its kind of unpredictable. But i want to know everything about it. so like what people have to do to invest, how to tell which stock are good and which stocks are bad, the taxes it comes with, and all that jazz.
Are there any classes i can take? maybe in college or something? I know it will take time but i want to get started. Any help will be appreciated, thank you!)
Answer :
NCFM currently tests expertise in the following modules. Click on the links below to get more details on the modules.
01. Financial Markets: A Beginner’s Module
This is a basic level programme for those who wish to either begin a career in the financial markets in India or simply learn the fundamentals of capital markets. The course is structured to help understand the basic concepts relating to different avenues of investment, the primary and the secondary market, the derivatives market and financial statement analysis.
02. Securities Market (Basic) Module
This module develops on the Financial Market Beginner’s Module. It discusses the issues relating to different areas of securities market in greater depth and detail than the Financial Market Beginner’s Module. In addition, the course helps understand the securities market structure, regulatory framework and the basics of corporate finance.
3. Currency Derivatives: A Beginner’s Module
This module has been designed with a view to improve awareness about the ‘Currency Derivatives’ product, which has been made available for trading in the Indian securities market in 2009. The course content is structured to help a beginner understand what the product is, how it is traded and what uses it can be put to.
04. Mutual Funds: A Beginner’s Module
Mutual funds have become a much sought after investment product in recent years. This course demystifies the concept of mutual funds and helps create awareness and knowledge about the industry and its functioning. s.
Taxation
Taxation of capital gains; Indexation benefit and FMP.
05. Equity Derivatives: A Beginner’s Module
This module has been prepared with a view to equip candidates with basic but essential information and concepts regarding the equity derivatives markets.
cerrtificate validity: For successful candidates, certificates are valid for 5 years from the test date.
Derivatives Trading on the Exchange
Derivatives trading and settlement on NSE; Using daily newspapers to track futures and options; Accounting and taxation of derivatives.
Study material
Equity Derivatives: A Beginner’s Module
go through all and prepare yourself.
this is for theoritical knowledge.after getting it, for practical knowledge and tips you may contact my
friend at ricewala1hay@yahoo.com
Posted: July 29th, 2010 under US Stock Market.
Tags: an expert on the stock market, Stock market