A Profitable Rule based IITian Full Time Trader

YOUR SPEAKER

Manu Bhatia

Manu Bhatia, is a chemical engineer from IIT Kanpur, who worked with Flipkart until he quit to become a full-time, expert trader, dabbling in the various segments of the markets.


IN CONVERSATION WITH

Mr. Vivek Bajaj

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.


About this Face2Face:

Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets will engage in a conversation with Mr. Manu Bhatia, who is a full-time trader, an IITian, and is someone who follows a unique school of thought when it comes to trading and investing in the stock market.

Before we begin with the technical aspects of the video, Mr. Bhatia will discuss about his educational background, and the series of events that have possibly led him to become the type of trader that he has become in the market today.

Mr. Bhatia has always been actively or passively involved in the markets since he was a young adult, and he talks about how his experience has shaped his views on the markets as well.

Next, Mr. Bhatia discusses the logic behind why he shares his MTM values publicly, despite it having multiple pros and cons. After putting his views forward, Mr. Bhatia puts forward his own ledger to show his recent trades, and how he operates his trades by using multiple brokers and investment platforms.

Next, with a technical discussion, Mr. Bhatia will discuss the basics of a rule-based trading system.

Mr. Bhatia will discuss why it is extremely beneficial for novice traders to try to adapt to a set of rules to trade in the market.

He will first discuss the basics of a trading system based on rules. We will also talk about the various types of tools and indicators, whether fundamental or technical, that can be used to build our trading system.

We will also discuss the advantages of a trading system with practical explanations and examples.

With a trading system, we will also discuss the basics of a trading edge in the stock market and how a trading system and a trading edge relate to each other.We will also provide a mathematical way of calculating our trading edge in the market, and Mr. Bhatia will explain it clearly with some practical examples.

Next, Mr. Bhatia will show us the basic flow behind a simple trading system and how we can create one to give ourselves a trading edge in the stock market.

We will also discuss the basics of system hopping, and finally, Mr. Bhatia will practically apply his flow of the creation of a trading system, by creating a hypothetical system and laying down the stock market rules that can apply to it.