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Mentor Bhai: your trading basics mentor

Ask any trading basics question, like “what is stop loss?” or “how do I place my first trade?”, and get a plain-English answer, the steps, a worked example, the usual mistake, and what to learn next. Behind the chat is a nine-stage learning pipeline (56 lessons, from how markets work to risk, psychology and building a process). Hinglish questions work too. Mentor Bhai is a rule-based guide that runs in your browser: no AI model, no market data, no account, and your questions are not stored or sent anywhere. Content last reviewed October 2026.

Progress (lessons you tick off) is saved only in this browser.

What you can learn with Mentor Bhai: 9 stages, 56 free lessons

Mentor Bhai is a free, rule-based trading basics mentor for Indian beginners. Ask a question above or work through the stages below, from how the stock market works to risk management, trading psychology and building your own process. Lessons are educational only (no tips, no targets) and were last reviewed October 2026. Ready for live, guided learning? See the Market Dekho mentorship programs or browse the trading glossary.

Stage 1: Market Basics

What the market is and how a trade actually happens.

  • Trading vs investing
  • How the stock market works
  • Nifty, Sensex and indices
  • Market hours and settlement
  • Demat and trading account
  • Choosing a broker
  • Your first trade, step by step
  • Reality check: can trading give daily income?

Stage 2: Reading Charts

Candles, trends, levels and volume.

  • Technical vs fundamental analysis
  • Chart types
  • Candlesticks and OHLC
  • Timeframes
  • Trend: up, down and sideways
  • Support and resistance
  • Volume

Stage 3: Patterns

Candlestick and chart patterns.

  • Doji: the indecision candle
  • Hammer and shooting star
  • Engulfing patterns
  • Morning star and evening star
  • Head and shoulders
  • Double top and double bottom
  • Triangles
  • Flags and pennants
  • Breakouts and false breakouts

Stage 4: Indicators

Moving averages, RSI, MACD and more.

  • What are indicators?
  • Moving averages: SMA and EMA
  • RSI: Relative Strength Index
  • MACD
  • Bollinger Bands
  • Super EMA (Market Dekho)
  • Confluence: combining signals sensibly

Stage 5: Trade Mechanics

Orders, leverage, costs and liquidity.

  • Order types
  • Going long and going short
  • Intraday vs delivery (MIS, CNC)
  • Margin and leverage
  • Brokerage, taxes and charges
  • Liquidity, spread and slippage
  • Circuit limits

Stage 6: Risk Management

Stop-loss, position size and risk/reward.

  • Stop-loss: your safety net
  • Position sizing: how much to buy
  • Risk/reward ratio
  • Drawdown and recovering from losses
  • Trailing stop-loss

Stage 7: Psychology

Fear, greed and discipline.

  • Trading psychology: fear and greed
  • FOMO, revenge trading and overtrading
  • Discipline and daily routine

Stage 8: Build Your Process

Plan, practise, journal and test.

  • Writing a trading plan
  • Paper trading: practise without risk
  • Trading journal
  • Backtesting a strategy
  • News, results and economic events

Stage 9: Beyond the Basics

F&O, options, SMC, forex/crypto and algos (awareness).

  • Futures & options: know the risks first
  • Call and put options
  • Smart Money Concepts (SMC): an introduction
  • Forex and crypto basics
  • Algo trading: what it is

Educational use only. Mentor Bhai teaches concepts; it does not give buy/sell tips, price targets or predictions, and it is not investment, tax or legal advice. Market Dekho is not SEBI registered. Trading involves a real risk of loss, and studies by SEBI have found that most individual intraday and F&O traders lose money. Rules, charges and timings change, so check the latest with your broker, the exchange or SEBI. Spotted something wrong? Tell us on our community channels and we will correct it. See the full disclaimer.