Mr. Nitish Narang
Nitish Narang is a Systematic/Rule-Based Banknifty & Nifty Options Trader. He believes Simple things work wonders in the long run when traded with discipline. He has 10+ years of experience in the Tech Industry & has been coding in various programming languages. He is also the Founder of www.stockmock.in, which is India's First Intraday & First Time Based Options Backtesting Platform that was launched in Nov 2019 and has 80,000+ users currently. He aims to provide Retail traders with powerful tools like Backtesting that are necessary to be profitable in long run.
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 Face2Face video, our guest speaker Mr. Nitish Narang will talk about his own created platform known as Stockmock, which various traders in the share market use. This video will include his trading strategy that will help beginners as well experts in this field.
The major focus of this video is rule-based trading and systematic trading, which will be explained thoroughly, including the strategies that will be required to use them.
Systematic trading is a method of defining trade goals, risk controls, and rules that can be used to make systematic investment and trading decisions. Systematic trading encompasses both manual trading of systems and full or partial computer automation. Although systematic technical systems are more common, systems based on fundamental data, such as those found in equity long: short hedge funds, are also available. Systematic trading encompasses both high-frequency trading and slower-paced investment strategies such as systematic trend following. Passive index tracking is also included.
Our Mr. Nitish Narang is an expert and has been making a profit through this strategy, which is discussed in this presentation. He focuses on the importance of backtesting and front testing in trading, influencing the final result.
The presentation includes elements of the trading system, statistics to analyze in a single strategy, points about algorithmic trading, and the practical demonstration will be shown on the stockmock platform.
The importance of risk management parameters, expectancies, R: R ratio, and terms like slippages are also discussed in this video for more clarity and for living up to the title.
Watch this video to know about things that are essential before starting with the journey of trading or Trading करने से पहले ये करना जरूरी है।