How many books have you read so far? and are you still in reading phase or have started trading and investing as well?
The words that I am about to put down are my personal experience from trading for more than 20 yeras. By trading I mean Intraday trading, not buy and hold. Please dont take offence to what I am about to say.
You cant learn to trade by reading books.
I have read almost 25 books, many of them multiple times. They cant prepare you for trading. What prepares you for trading, is trading itself.
Get an account with a broker, who does not charge too much per trade, and start trading in small qty like 2 or 5 shares. Take positions multiple times a day, Win or loose say 25 rs per day. Try different scrips, try to get feel of the market.Do this for at least 3 months.
NOW,
Sit down with a pen, pencil and lots of paper. Write down what you have observed. How does the particular scrip move. How does it react around certain levels. And a 100 moe things.
Fill pages, and if you cant write 50 full A4 pages, you have learnt notthing
After this, try tp create a trading system based on what you have learnt. Create Rules. Then trade those rules with 5 shares. For 3 months.
In these 3 months, you will learn a hell of a lot more. A lot of rules wil change.
Then start trading the changed rules with maybe 10 shares. Repeat the above process as many times as required.
Even after all this you will fel psychological issues. Like today, I mised a short on the Nifty as it was already down 125 points and I though its a futile attempt to short here. And the markets humbled me