Mr. Rakesh Pujara
Rakesh has over 25 years of trading and investment experience in the Indian equity markets. He completed his Bachelor of Commerce from Mumbai University in 1992 and ICWA from the ICWA Institute in 1996. In the initial part of his career he worked in the Finance departments of different firms in diamond, exports and media industries. In 1999 he joined Shree Naman Securities & Finance as a Finance Manager. In 2002, he established the proprietary trading desk at Naman and grew it to be the major contributor of the firm’s revenue. Over the years he has developed his own style of trading and analyzing the markets and enjoys studying the behavioral aspect of the markets. He likes to look at long term trends and takes into account a number of factors such as global and local macro, fundamentals and technicals. In 2013, after he became the CEO at Naman, he established the algo trading desk which is very close to his heart. It contributed a major portion of the revenue of the prop trading desk. Inspired by the results in the Algorithm desk he formed his own company Viz. Compounding Wealth Advisors LLP which is a SEBI registered Investment Advisor & is in the business of advising clients on generating all-weather, absolute alpha-generating risk-adjusted returns. He is a system trader & believes in trend following & other non-correlated multiple trading systems to generate better risk adjusted return.
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, we have with us our rocking host Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in conversation with Mr. Rakesh Pujara, who is in the finance industry for the last 25 years.
Rakesh has over 25 years of trading and investment experience in the Indian equity markets. He completed his Bachelor of Commerce from Mumbai University in 1992 and ICWA from the ICWA Institute in 1996. In the initial part of his career, he worked in the Finance departments of different firms in diamond, exports, and media industries. In 1999 he joined Shree Naman Securities & Finance as a Finance Manager. In 2002, he established the proprietary trading desk at Naman and grew it to be the major contributor to the firm’s revenue.
Mr. Pujara also talks about his initial days and the downfall he went through when he was unaware of the market and its trade. After going through a lumpsum loss he realized the technique of surviving and making money. The speaker will talk about intraday trading, rule-based trading, and techniques that will help people earn money in the market. He gives a background of the NSE and BSE in the previous years including the downfalls and scams that happened in the past.
The pitfalls of system trading and the quantitative parameters are also included in this presentation, as he goes deep into the trends of the stock exchange. The realties are also included in this discussion and the qualitative parameters are discussed thoroughly for the viewers, which shows the importance of objectivity in trading. The method of trading is also demonstrated through the buy and hold, and system-based investing list. He also explains the concept of leverage, which needs to be understood before using them. It is the role of the investor and the trader to look into the aspect of leverage and take action. CWA is considered as a Holy Grail, which is also explained in this video and it should not be missed under any circumstances.
The focus of this video is on the art of making a profit in the share market through rule and system-based trading, which is not taken seriously by beginners in the industry. It is necessary for them to understand the importance of having a set pattern in the market when it comes to making a profit. This video should be considered by every beginner in the market who wants to pave a path in the financial industry, which is not easy without guidance and knowledge.