How this 64 year old became a successful Stock Market Trader ?

YOUR SPEAKER

Mr. Ranjit Kumar Mohanty

He has 40 years of Corporate Experience in HR with Tata Steel, Ferro Alloys Corporation, Orissa Power Generation Corporation and Aditya Birla Group. Later he retired as Sr. Vice President HR. His first application for IPO was in 1983. Since then, he took keen interest in market as a small investor and trader. He has been a full time trader and investor since June 2020.

Mr. Ranjit Kumar Mohanty in Face2Face

Mr. Vivek Bajaj

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:

Our speaker, Mr. Ranjit Kumar Mohanty, has been trading options, and that's his major source of revenue in the stock market, as we can see in this video. However, he is also exploring different areas, such as the cash market, which will be thoroughly discussed here. 

 

The major part of the presentation is based on the Option Wheel Strategy, which is followed by our speaker. As part of a long-term trading strategy, the Option Wheel Strategy is a systematic and extremely effective way to sell covered calls and cash-secured puts. One of my favourite ways to earn passive income from trading stocks is to collect regular option premiums. Mr. Ranjit Kumar Mohanty will teach this to our learners. You need to watch till the end to understand this strategy of selecting stocks. 

 

The trading view will be presented, and the NSE website will also be a part of this presentation for more clarity as our speaker will also tell us about the calculations. 

 

Future and options, calls and puts are a necessary segment in the stock market, which is used by many for a stable income option. Our speaker will shed light on these areas for more clarity and on how to select the right stocks for maximum gains. 

 

Mr. Ranjit Kumar Mohanty has two improvisation tips known as Staggered Buying and Bull put spread, which will be given in detail for better advancement in this field. As a 64 year old, Mr. Ranjit Kumar Mohanty has a wide array of experience in the stock market all these years, which can help our learners in becoming successful stock market traders.