Sign up with Google
Live Trading Setup of a Successful Trader
YOUR SPEAKER
Deepak Thakran
Technical Trader and IT engineer by education. I follow candlestick charts and Behavioral finance to find patterns and trade. I run a blog on www.Indianstockss.com and is active on Twitter from id @indian_stockss. I also run a “Traders Club” Live trading channel for active traders. My primary trading style is to keep things simple and easy. Capital preservation is the first aim. Second is high probability trades. I focus on market and do reactive trading and stay away from predictions. My analysis is mixed with the information generated from Markets and behavior of market during the rise and fall.
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, watch a candid conversation between Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, and Mr. Deepak Thakran, an IT professional who uses his knowledge to practice technical analysis to make profitable trades.
The following tools were used by Mr. Thakran -
1. Charts via Chartink - https://chartink.com/
2. Click here to access StockEdge Web - https://web.stockedge.com/
We will first discuss Mr. Thakran's background and the events that have led him to become a trader in the stock market. Mr. Deepak Thakran will also discuss the events that led to him choosing the style of intraday trading in the stock market and how he learned the importance of stop loss and risk control.
We will then start our detailed conceptual discussion with the kind of infrastructure and system that is most relevant to a full-time trader, which Mr. Deepak Thakran will explain with his own setup. He will also explain the importance of having a functioning desktop instead of a laptop for a fully efficient trading setup.
We will also touch upon the importance of using multiple charts for trading decisions. Mr. Deepak Thakran will then discuss the entire process of how he uses his setup to make his trades. Next, we will move to some trading strategies and techniques discussed by Mr. Deepak Thakran, with real-life examples and charts. Mr. Deepak Thakran will also discuss how he identifies stocks for making his trades by explaining an analysis behind one of his own trades.
Next, he will also discuss how he screens stocks at the end of the trading day so that traders can ready their trades for the next day.
Related videos of Price Trading
By applying candlestick analysis, a 23-year-old generated crores!
Sthitapragyan Pati
