№09 beginner · chapter

Tools & Resources

A curated list. Not exhaustive — just what actually gets used.

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9. Tools & Resources

A curated list. Not exhaustive — just what actually gets used.

Brokers (India)

BrokerStrengthsNotes
ZerodhaLargest, stable Kite platform, great APIs (Kite Connect)₹20/trade flat
UpstoxCheap, decent app, public API₹20/trade flat
Angel OneFree delivery, SmartAPIOlder UX
GrowwBeginner-friendly, mutual funds + stocksAPI recently launched
DhanModern UI, free intradayNewer player
ICICI Direct / HDFC SecBank-linked, 3-in-1 accountsHigher brokerage

Pick on: API quality (if you’ll automate), reliability (uptime during volatile sessions), charges, and customer support.

Charting & Analysis

  • TradingView — gold standard. Free tier is enough to start; paid for multi-chart and alerts.
  • Chartink — screener with custom technical scans (free).
  • Investing.com — economic calendar, news.
  • Trendlyne — fundamentals + screeners (India-focused).
  • Screener.in — fundamentals deep dive (free, excellent for investing).
  • NSE / BSE official sites — corporate announcements, FII/DII flows, derivatives data.
  • Sensibull — options strategy builder.

Data & APIs (for builders)

  • Kite Connect (Zerodha) — most popular, ₹2,000/mo.
  • Upstox API — free.
  • Angel One SmartAPI — free.
  • NSE Python (nsepython) — unofficial scraper for NSE data.
  • Yahoo Finance — free historical data, often used for backtests.

Books — read in this order

Foundation

  1. “The Intelligent Investor” — Benjamin Graham. Investing classic. Skip to chapters 8 & 20.
  2. “One Up On Wall Street” — Peter Lynch. Practical fundamental investing.
  3. “A Random Walk Down Wall Street” — Burton Malkiel. Why most active management fails.

Trading & Technicals

  1. “Technical Analysis of the Financial Markets” — John Murphy. The technical bible.
  2. “How to Make Money in Stocks” — William O’Neil. CANSLIM method. Great for breakout traders.
  3. “Trade Like a Stock Market Wizard” — Mark Minervini. Modern momentum trading.

Psychology & Risk

  1. “Trading in the Zone” — Mark Douglas. The mindset book.
  2. “Reminiscences of a Stock Operator” — Edwin Lefèvre (1923). Timeless story of Jesse Livermore.
  3. “The Disciplined Trader” — Mark Douglas.
  4. “Fooled by Randomness” — Nassim Taleb. Probabilistic thinking.

India-specific

  1. “Coffee Can Investing” — Saurabh Mukherjea.
  2. Varsity by Zerodha (zerodha.com/varsity) — free, comprehensive, India-focused. Start here if you read nothing else.

YouTube channels worth your time

  • Zerodha Varsity — companion videos to the website.
  • P R Sundar — options education (India).
  • Pranjal Kamra / Finology — investing fundamentals (India).
  • Rayner Teo — trend following / risk management.
  • Adam Khoo — investing & trading frameworks.

Filter aggressively. 95% of “trading gurus” on social media are selling courses, not making money trading. Red flags: screenshots of P&L without verified records, “100% win rate,” paid Telegram tip groups.

Communities

  • r/IndianStreetBets, r/IndianStockMarket — caveat emptor; entertainment + occasional gold.
  • TradingView ideas — public charts from other traders.
  • Twitter / X — follow practitioners, mute hype accounts.

Practice & paper trading

  • TradingView paper trading — built-in, realistic.
  • Sensibull — options paper trades.
  • Moneybhai by Moneycontrol — simulated portfolio.

Useful command-line / dev tools

  • TA-Lib / pandas-ta — Python technical indicator libraries.
  • Backtrader, Zipline, VectorBT — Python backtesting frameworks.
  • Jupyter — for data exploration and strategy research.
  • DuckDB / SQLite — light, fast for storing OHLC data locally.

Your 30-day starter plan

WeekFocus
1Read chapters 1–4 of this guide + Varsity Module 1. Open a demat account.
2Read chapters 5–6 + Varsity Module 2. Set up TradingView. Watch (don’t trade) 1–2 stocks daily.
3Read chapters 7–8. Start paper trading 1 strategy. Keep a journal.
4Review your paper trades. Identify mistakes. Refine rules. Don’t go live yet.

Then: paper trade for 2 more months before risking real capital. Start with 10% of your intended capital. Scale only after 3 profitable months.


Final words

Trading is a long game played by patient people with strict rules. There are no shortcuts, no holy grails, and no guru worth your money.

Read. Backtest. Paper trade. Journal. Survive. Compound.

Good luck. 📈