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How to become a Profitable Trend following Trader?
YOUR SPEAKER
Mr. Michael Covel
He did his bachelors from George Mason University and then he completed his MBA from Florida State University. He is the author of six books including the international bestseller, Trend Following, and his investigative narrative, TurtleTrader. Covel’s perspectives have earned him invitations before China Asset Management, GIC Private Limited (Singaporean sovereign fund), BM&F Bovespa, Managed Funds Association, Bank of China Investment Management, and the Market Technicians Association. He has been featured by The Wall Street Journal, Bloomberg, CCTV, The Straits Times, and Fox Business.
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 speaker Mr. Michael Covel will talk about technical analysis, price action, and its significance in the stock market. This will be a mix of stock trading, famous investors and their strategies, and how to use strategies and techniques in the stock market for maximum profits.
Technical analysis is a trading strategy used to assess financial investments and spot trading opportunities in price movements and chart patterns. According to technical analysts, a security's previous trading activity and price changes can be useful predictors of the security's future price moves. The movement of a security's price plotted over time is known as price action. All technical analysis of a stock, or commodity is based on price activity. Many short-term traders base all of their trading choices solely on price movement and the formations and trends that can be drawn from it.
The discussion will also include momentum, trend, and the influence of the big bulls in the stock market. It is necessary to understand certain financial sector factors that affect the profit and loss statement.
A profitable trend should be followed by a trader for a better run-through in the market, so that they are aware of the ups and downs and when they should take the right move. He will also talk about Pit traders who were initially scalpers.
To know more about the profitable trend and ways to generate income watch our video on How to become a Profitable Trend following Trader?
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