What a Retail Trader should do to become a Professional Trader?

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In this instalment of the face2face series, we have with us Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in conversation with Mr, Akshay Chinchalkar, an expert trader and technical analyst who has worked with Bloomberg for over ten years. The relevance of technical indicators and oscillators is emphasized as they talk about using Bloomberg software to track data points and make wise trading decisions.

Regardless of the particular tools being used, he emphasizes that successful trading is achievable with a thorough understanding of effective technical analysis. He will also discuss the CMT certification, which is considered a gold standard for technical analysts, and the kind of advantages it offers to analysts and market technicians. We will also see how the certification exam has evolved to connect both traditional and modern technical analysis, from chart patterns to algorithmic trading and programming.

Next, using his own Bloomberg terminal, Mr. Chinchalkar will first show how we can practice the various traditional and modern practices of technical analysis. This will be a great example for us to see how technical analysis has evolved over the years. Initial emphasis will be placed on currency trading, such as INR, and how the terminal's simplified features may help traders and asset managers. Following this, we will take a look at how Bloomberg provides over 25,000 functions for traders to study the market. With practical examples, like those of candlestick chart patterns, we will see how we can track our trades and back-test our strategies with the terminal. Through this, we will also take a look at the basics of using such popular technical indicators, whether we are using Bloomberg or not. Watch this video to learn about technical analysis, and Bloomberg software, and gain insights from an expert trader.

Akshay Chinchalkar in Face2Face

Your Speaker

Akshay Chinchalkar

Akshay Chinchalkar is a Chartered Market Technician (CMT) and an MSc in Accounting and Finance from the London School of Economics and Political Science. He is also a global board member of the CMT association, and currently heads the Electronic Trading Solutions department for Bloomberg South Asia. In his 16 year old career in the financial services industry, Akshay has been an index options and commodity futures trader, has headed the equity derivatives research side for a regional sell-side firm, and over the last 11 years at Bloomberg, has been responsible for building Bloomberg's Technical Analysis, DataViz, and Quantitative Analysis Franchise for the Middle Eastern and the South Asian region with a focus on Equities and the Fixed Income, Commodities and Currencies (FICC) world. Akshay is currently pursuing his Executive Programme in Algorithmic Trading (EPAT) from Quantinsti, and is also a CFA Level 1 and FRM Level 1 candidate.
Mr. Vivek Bajaj

Your Host

Vivek Bajaj