सही Part Time Trading कैसे करना है? #Face2FaceEmerge
Hello hello I am Vivek Bajaj, founder of stockedge and elearnmarkets another episode of face2face and a story of an ordinary man in the share market emerge motivates everyone because it is the story of people like us. Watching them even we feel like entering share market and learn techniques to earn money I won't be able to share the name of the speaker today because he doesn't want it to be out because he says it is his passion so friends my name is Vivek Bajaj. And my Face2Face in the market is for teaching people so we will talk to our speaker, we will know about his background and try to understand his trading technique in the market people have questions that can working professionals do trading and the answer is yes there are different kinds of people coming into your platform, which I have been trying to say for a long time. It is like amazon prime video where we have different types of content
so I am really thankful for you and the content you have been giving because I have been learning from here I was unwell so I told you can we shoot tomorrow so you accepted it humbly. Guys, in Emerge we go into the depth of it all we check the profit, the strategies and try to understand if the technique is working in the market yes, definitely I will tell you that it is important to know. The name of the show is face2face but due to some reasons I am not able to show my face when does anyone ask me how many years of experience do I have? I say it is 22+1. 22 years of IT experience and 1 year of stock market experience
this has become an industry it is not just a part of a business. Everyone is using it such as India mart, IIFL, bajaj finance. My academic background is in mechanical engineering. I come from an area in Delhi called Pitampura where there are so many traders first of all, thank you so much for making this presentation and presenting it to us. So I would like to start with disclosures these are not stock recommendations but just examples because you cannot make money from borrowed wisdom before investing do diligence, apply your thought, and do research analysis then only press the buy order this is no advisory, and I don't manage 3rd part money only my money the market has a structure, it has a pattern and it goes around in cycles some people were saying that we should close the market when it was actually the best time to buy if people saw this chart then people would have understood this market could have recovered so well you have to know that if the market is continuously going up then it will also go down because it is not always up, these are some realities of the market after every drop, there is a drastic change in the market for marathoners, they get a feeling from within that they need to sustain sprinters work in short turns that when they will get energy short term memory is so vivid that they can understand in Akash, they have a great sense of direction how many bronze or silver they will get, in which match they will win..I was interested in all this I used to construct all this in my mind as a childhood hobby I used to estimate all this and I realized that it is an exact fit for trading check if you have any skills that can give you confidence and make from profit from it a market is a big place and it has space for everyone some people do swing trading, some do positional trading and some are into equity and investment this model was derived from the US and people in type A are more energetic I think your demeanor is more type B because you are goal-oriented but also relaxed and easy going in some areas, you can be type A and you can be type B you are thinking you are not able to maintain the balance or you are unable to make your life then that you need to think about so they think it is investing, people think that there is only day trading but who said trading cannot be long there are many investors like warren buffet and others, similarly, there are also in India with your personality style, you can align your trading style they all have different styles, Pujara has played in a few IPLs and he has a negligible style and Virat Kohli can play well in all the 3 formats so this is the way you develop your style he did 30 films after he started with directing. Then he realized what is good at
same with Anupam Kher he worked in so many films in his entire lifetime so that is how different people adapt to different professions so you can surely do day trading because it is profitable, just like how investing is so when you do more day trading then you need less fundamental research if you want a good trade then you need to understand the tricks when you increase your duration or time frame then you get an edge there is no mirror that how the market will grow according to the GDP or economy so here we will talk about price movement that when it goes up is it good and it should also look good similarly, if there is bad news and bad psychology then the market will go down so you have to keep in mind that if the rates are nice then the market will go up, it is nothing like that because we are talking about my style, so I will say that do not heat the ocean but you just heat your kettle I track their stocks, trends, and news this works as an indicator only rather than checking RSI I check how the company is performing you want to buy stocks in agriculture, pharma, chemical, metals, and also mining. So you need to develop your style there are kajaria tiles and others that want to hit, I don't wait too long it was 10 stocks only and in that sector, it was 10 only so stocks are dented not destroyed during the Maggi crisis due to one product, the stocks were affected but the company was not in danger now you also need to learn from failures like DHL, yes bank and others how these stocks are performing like yes bank, Prabhat dairy now we will talk about portfolio and capital allocation, I will give an example that you can tweak on your own and my long-term investment portfolio is divided into 3 parts it has stocks like relaxo, nestle. In tier two it has mid-level stocks that are growing from small to big here I would like to talk about how to read charts, which we will cover fast so don't try too hard don't try to find something which is not there so that is very important because it helps you to visualize.
some people also call it the triple screen method. This explained very well in a book by elder alexander sometimes monthly chart is not there so I look at weekly that is one skill that you need to develop. You see one chart in months or in weeks if you track indexes then it will look messy and more if you look at the charts how much time does a person need to analyze a chart? Vivek Ji, how much time do you need to analyze a chart without scanners or anything? I take 30 seconds when you get a habit then the time will start reducing. I know one established trader who only looks it for 10 seconds
you cannot save yourself from the feel of the car, you cannot do anything about it you know those range-bound trends, you have to understand in which patron do you land I have also created a watch list, even you have created a schematic watch list that I saw in one of the episodes if I am looking at some stock and I don't want it to get lost in my watch list, so I just buy one stock from that so I took this stock and it increased 10 times I didn't sell all of them because I knew the cycle could start again I look at the different stock markets to develop a perspective I also look at the Karachi stock market to know how it has performed from 2010 to 2015 and with this, we will enter the charts, which is an interesting topic I was in an IT industry and it was an IT stock but I was never able to understand what they were doing it should not happen like it increased and then it went down just how it happened in 8k miles this strategy is curable negative, which I have written wrongly in the presentation one broker had some default and he vanished with some quarterly profits when this happens this kind of stock come to my radar in March when the pandemic happened then only I bought this so I am writing here, never forget the crisis top and bottom when I kept on adding then I realized that it needs to be depicted in strengths chart it closed at 710 because at the end of the day I look at the prices of 100 stocks these are at least at a 2-year average, which has taken the shape of a curve it is just a recommendation, not a buy recommendation that will have its highs if you backtest then you will realize how it respects if you remember about the Maggi crisis in march 2015 then you will see the price reduced from 5000 retail traders think this is for investment only but it is not written anywhere so even if FnB will not perform, this will surely perform in august 2017 Vishal resigned and the price went down and from there on I am trying to continue 3x I think IT's future is really bright and this will be one of the leading stocks there was so much opportunity but now they will have to wait before buying one wrong result and the market will trash it down if someone will keep buying it in small quantities then they will get a compounding return after 2 years if you have 100 inverse stocks and it needs a correction then please find out why it needs correction for example stocks like yes bank when it went done it never got up. So a person will regret buying that. But in yes bank people know how it is performing if you look at it then it is all dressed up and issues use to happen even then it is a very good question. HDFC used to have some data points and I will let you know what are those if some issues occur due to corporate governance...then you won't be able to buy Adani shares I also have other strategies, no no it's fine I am just being a devil's advocate asking questions that many learners could have. I understand that if you even have an iota of doubt then don't invest
you have a time limit and your mental effort also has a limit so even if you miss out few stocks in 1000 stocks then it won't be an issue this is the curable strategy, but I have many strategies in which I am only discussing 3-4 if you see these lines then you will realize that fundamentals are brokers too I bought it around 1200, people think that the stock going up should not be bought but a stock that is going down the company can get closed and the stocks can get delisted I know diagnostic centers are doing very well, people are becoming health-conscious buy some quantity, the market will fall, again buy some quantity and the market will give some growth now we will come to Deepak nitrate, the chart is very parabolic you have to check the chart often sir my problem is that now we can see the chart and understand but how can we know if it will have an earning growth in future before they used to make chemicals and now they have made a chemical compound this also has a stock chart, they have made looking after the capacity they are making chemicals that will be used in pharmaceuticals and other areas the chart we saw Deepak nitrite that will follow the same I would suggest people look more at this company and look at the charts this is the Ajanta pharma chart that is on patron trading and it is my fourth strategy