In this video, we've Mr. Vivek Bajaj, co-founder StockEdge & Elearnmarket in conversation with Mr. Subasish Paani, CEO, Power of Stocks. He will talk about his journey as a trader and the tricks that can help you to prosper in the financial sector. It will include derivatives trading and option selling, which he considers his own trading style.
Mr. Paani begins the presentation by discussing his options trading strategy by outlining a specific position he took before a flight. He explains how he sells call options in a declining market and sorts them. He predicted a downward movement and aimed to profit from the market's behaviour by analyzing market trends and patterns. He explains his decisions and discusses the risks of using this strategy. The discussion shifts to the importance of market awareness and staying updated. Both Vivek Bajaj and Subasish Pani emphasise how crucial it is to keep up with current events and seek continuous learning. They stress the need to maintain an open mind and be flexible to various perspectives because doing so results in a more comprehensive grasp of the market.
Mr. Paani delves into his trading strategies, emphasising risk-reward ratios and the idea of trading "firefighting." To maintain a favourable ratio, he underlines the necessity of the loss being smaller than the profit. He will demonstrate his strategy in a live trading view for our learners to understand his method. He will also touch upon the psychological aspects of trading and the importance of respecting the market's supremacy. He focuses on the fact that people should be comfortable in their own trading style according to their capital.
Watch this video now to know about the strategies employed by our expert who makes crores by options selling.