Alert: Don't trade Derivatives! Learn How to Succeed in Stock Market as a Part Time Trader
Full time investor by day. Dubstep fan by night. Travelled to 6 countries solo. Krav Maga & Kick boxing, done it all. Living in the NOW.
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:
In this video of the face2face series, we have with us Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in conversation with Mr. Manas Arora, a businessman and a trader whose investment strategy revolves around growth stocks.
This video is for those people, specifically, who have a full-time job, other businesses or a professional life to look after. But despite such constraints still want to make profits out of the stock markets. The speaker for this video, is a successful part-time trader who will have just the right tips and strategies for fellow part-time traders.
The video starts with a brief introduction of Mr. Manas Arora. How he started his journey in 2006 as a sub broker. With years of experience and dedication, he then went on to become a successful trader. You will see Mr. Arora emphasize on the importance of risk management and trading psychology and how these two ingredients were essential for him making profits.
He goes on to say that he believes the above two factors are most important to make profits. If one does not adhere to stop losses and risk management, they will incur heavy losses over time and eventually quit the markets.
Next, the speaker will begin to discuss his mantra of stock selection. Why he strictly avoids the Derivatives or F&O segments and focuses more on small and mid-cap companies. He explains that he only trades in stocks that have the potential to multiply his wealth over time. By focusing on growth stocks, he makes use of the advantage he has of having a small capital base when compared to mutual funds and FIIs.
He will then go on to extensively discuss the technical indicators and strategies that he has gathered over the years for trading. He will give live examples of technical analysis of various stocks and his thought process behind them. Another unique thing about him is that he posts every trade he makes on his twitter handle.