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In this video of the Face2Face series, watch Mr. Vivek Bajaj, co-founder, Elearnmarkets & StockEdge, hold a candid conversation with Mr. Mitesh Patel well-known trader. He is very much popular on social media, especially on Twitter. A chemical engineer by profession, Mr. Mitesh Patel discovered trading as a profession in the year 2005 by starting with delivery-based trading. He soon started trading in the F&O segment around 2007. He talks about how his losses during the downturn of the economy in 2008 helped him learn how to trade effectively.
Through this video, we will understand how important it is to know how the market works. Mr. Mitesh Patel will also talk about what made futures an attractive option of investment for him when he started trading in the F&O segment and will discuss how his mindset developed while trading in them. We will also learn about how he realized the importance of studying technical charts to make effective trades and how he learned about support and resistance to trade options effectively.
We will also learn about risk management in option writing and future trading. Finally, Mr. Mitesh Patel will share his opinions on identifying stock momentum with relevant examples from his own trades. He will also discuss his strategy of identifying breakout stocks through candlesticks and technical charts and which type of stocks he explores when he’s looking for breakout stocks while trading in futures. This video is even more unique because he has used his own trades to explain his trading techniques.
Mr. Mitesh Patel will also discuss identifying the best trading options. He will also discuss a strategy for novice investors which can help them trade with confidence inthe F&O segment. He will discuss how he made big money using Futures and Options in the Share market and he will also discuss some essential features of retracement by understanding some trends in thecandlestick charts.
Also, we will watch Mr. Mitesh Patel discuss how he takes up trades in options by explaining his own trade in the market as a practical example. Mr. Mitesh Patel describes how we can pick out great options with a sound understanding of momentum and volatility and the power to execute the required trade in the market. He will also show how keeping an option until its expiry is not essential to make an effective trade.
Your Speaker
Mitesh Patel
Your Host
Vivek Bajaj