Top 7 Things to Check Before Joining Trading Classes in India Complete Guide
In India, it’s no longer difficult to find a trading institute, but finding a good trading institute has definitely become hard. Everyone claims to offer the best share market classes or the best trading classes, but nobody really knows which ones are actually good before joining.
If you choose the wrong one and pay their fees, the problem is that not only is the fee gone, but the money you’re going to lose later in trading is another issue. The fee is gone, and so is the future.
That’s why, in this article, I’m simply going to tell you 7 things you should check before taking admission, so that both your fees and your future are saved.
Trainer’s Experience & Track Record
First of all, check whether your trainer actually trades in the share market or is just teaching you theory from rote memory. After all, even ChatGPT can teach you theory.
Check their trading record to see whether they are actually profitable.
How many years of experience they have is also very important, so make sure to look into that.
And their overall perspective on the market is extremely important as well.
All these points are important because anyone can teach you theory, but an experienced person can teach you the things you will actually face later on in the market.
Course Content & Coverage
Go through each chapter of the trading course carefully. Every trading class has a different syllabus, but a good share market class should cover all topics in a single course. Many trading institutes charge separate fees for different topics, meaning, if you want to learn fundamentals, they charge separately for that, and if you later want to learn technicals, they charge separately for that too. That’s why you should look for an institute that covers everything you need in just one course.
All segments like options, futures, forex, crypto, stock market, and commodities.
both technical and fundamental analysis.
risk management, trading psychology, and much more.
These are all important things, and they should all be included in a single course. If someone is offering you separate courses to cover all of these topics, that’s a wrong number.
Teaching Method Online or Offline?
This point is especially important for you because it depends on how you learn best. That’s why you should first decide whether you want to attend online trading classes or offline ones.
In online classes, you’ll get flexibility, but there’s always something missing somewhere.
In offline classes, you’ll have face-to-face interaction, where you can sit with mentors, trade alongside them, see how actual professional traders work, and also get the opportunity to build your network.
The bonus tip is to go for offline classes and find out the class timings of the institute, because learning trading for just one hour a day won’t make you a good trader.
Live Market Practice
Theory and backtesting can be done for you by ChatGPT or even any YouTuber, but you must find out whether you’ll get the chance to practice live trading in the market or not. Trading in the market is 100% different from just talking about it. When you put your real money on the line, your psychology, feelings, and emotions will all be triggered at the same time. That’s why practicing in the live market with real money is extremely important.
Live market trading and analysis
Real trading strategies and back tested examples
it should be clear whether you’ll be trading on a real account or a demo account. If an institute is refusing to let you trade on a demo and is forcing you to trade real, don’t take it as if they’re just pushing you to put in real money. In a demo account, you won’t truly understand all the aspects of trading psychology, those you’ll only grasp with a real amount at stake. That’s why practicing trading with a real account is good.
This point is important, which is why you should double-check it in every institute.
Student Reviews & Success Stories
It’s important to check online reviews, especially Google reviews. After that, read student testimonials, and if possible, talk to students directly to find out their real feedback.
Track the institute on social media.
Join their community if possible.
This way, you’ll start understanding the environment of that trading institute even before taking admission.
Support & Mentorship
Many trading institutes charge you even to come back after the course is over, so always check whether those share market classes provide you with support even after the course has ended or not.
After the course ends, will you still get updates in your batch group or not?
Will you continue to have access to the community, or will it be taken away?
Here’s a bonus tip: India’s best trading institute, Bimal Institute, holds reunions every three months so that students can continuously understand the updated market scenarios and work on them.
Fees vs. Value
Lastly, and most importantly, comparing how much fee you’re going to pay and exactly what you’ll be getting in return is extremely important.
A trading course usually ends within two months, so you need to check which one is giving you the most worth.
- You need to compare courses.
- get feedback from students.
- attend demo classes.
- check reviews of the mentors.
- check the environment.
- check the infrastructure.
These are all the things you must check if you want to take admission in any trading institute.
Bonus Tip Avoid Fake Promises
Here’s a bonus tip: you should avoid any trading institute that promises you a sure-shot profit guarantee.
And if you want to take admission in a trading institute, the very first try should be Bimal Institute, because it is the best trading institute.
Conclusion
Choosing the right trading institute is just like making an investment because if you make a bad investment, you face a loss, and if you choose the wrong trading institute, the loss is even greater. That’s why you must carefully verify all the pointers with every trading institute before joining.
If the trainer is experienced, the course content is complete, meaning you’re getting everything in a single course, you’re getting live practice, the feedback is good, the Google reviews are good, and the mentorship is strong, then you can be sure you’ve arrived at the perfect place.