Previously, we have discussed how shifting from a regular job to full-time trading is not an easy life decision. This journey is a blend of experience, knowledge, skills, and determination. Taking this topic ahead, we continue our interactions in the face2face series with Mr. Amit Gulecha (a full-time trader & a Chartered Accountant) and Mr. Vivek Bajaj, Co-Founder of Elearnmarkets & StockEdge. Watch the Part 1 of this video from here
Whether you are a beginner in the stock market or an experienced stock trader, you will agree that every day is new learning with stock markets. Mr. Amit Gulecha will share his learning experience and will enrich the stock trades with his ten years+ of market experience. This video will explain how to deal with research and temperament in the stock trading market. Often investors or traders lose their mental control in taking market decisions. Mr. Amit Gulecha will explain, with the help of an example as to how important it is to maintain the balance between the two.
Apart from the above, he will also explain the importance of mental stability while trading. He will also explain how running behind everything in the stock market will not lead you anywhere, and making firm goals in life will take you to the next level. Making numerous decisions while the market is uncertain and rapidly changing is part of trading. Making rational, unbiased decisions free from emotional bias and impulsive behaviour is facilitated by mental stability. It enables you to stick to your trading strategy and resist being influenced by transient market changes.
As a bonus point, Mr Amit Gulecha will also explain what his first trade and the logic behind the trade taken was.