PAV Leader, as he is commonly known with his twitter handle of the same name, is an anonymous technical analyst and trader, who specializes in trading with the technical parameters of Volume-Spread Analysis and Price Action. While his identity remains unknown, he shares his experts insights on price action trades on his twitter handle @PAVLeader.
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 instalment of the Face2Face series, Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, will engage in a conversation with a popular trader, whose identity remains unknown, but he is a stock trader who is quite famous in the stock market for his skills, and he is only known through his Twitter handle – PAV Leader.
This video is the most helpful for beginners who are aspiring to be part-time stock traders in the market; for those people who do not have the time needed to dedicate to stock trading on a large scale due to their jobs and businesses.
We will first start the video by talking about our speaker’s background, and the various events which led him to become a successful trader. We will discuss the sources and the ways he learnt more about the stock market, and how he learnt about the importance of risk management and position sizing.
Our speaker will talk about how he discovered technical analysis and how, as a stock market trader, he experiments with various systems to find the most suitable indicators and tools for trading, and why he chose Volume-Spread Analysis (VSA) as a suitable system, and how switched to price-action trading finally.
Next, Mr. PAV will begin his technical discussion with an interactive presentation to show us his own trading setup and his experiences with the stock market. We will begin our conceptual way by discussing why price action is the most efficient way to track the trends in the stock market.
We will discuss the features of a price-action based trading, and how we can make it work for retail traders in the stock market as well. With some examples, we will understand how price action helps us trace the supply and demand trends in the stock market. We will also talk about the benefits of efforts over research, which we can trace through price spreads, and the importance of understanding cause-and-effects and context in the stock market.
Next, with some practical examples through charts, we will observe an efficient way to carry out swing or short-term trades by understanding the price structure of the chart. We will explore multiple cases, to see how our speaker chooses the stocks he wants to trade profitably, through price-action. We will see how the strength of trends can affect our trading decisions.
Lastly, our speaker will use his expertise on price-action stock trading to create a suitable trading plan for working people.