In our new series of Face2Face Emerge, we will bring you people from the finance industry who have a story to tell. They are young, dynamic, and prospering in this industry, bringing you their experience. It will help you take a step forward in your financial journey while looking at people from different walks of life. In this video, we have our rocking host Mr. Vivek Bajaj, co-founder of StockEdge and Elearnmarkets, in conversation with Mr. Fastlane Trader, who rides the trade on fundamental trends and makes use of technical charts for entries and exits. He goes through 300-400 charts weekly to strengthen his grip on markets.
Our speaker delves into the theories that show the relationship between the type of personality and trading styles, such as swing trading, positional trading, and intraday trading. He reveals that profitable traders have a variety of styles that go well with their own unique personalities. For instance, some traders have a Type A attitude that is energetic, while others adopt a Type B attitude that is more relaxed and goal-oriented. The secret is finding a balance that fits your personality and goals.
Our guest emphasises the significance of analysing price movement rather than depending solely on economic indicators like GDP or market sentiment. He also discusses his capital allocation strategy, dividing his long-term investment portfolio into three categories. Further, he touches on how to read charts. Some people call it the triple screen method, as explained by Alexander Elder in his book. Whether looking at weekly or monthly charts, traders must learn to quickly comprehend and visualise chart patterns. With practice, the time required for chart analysis decreases, allowing traders to make more educated decisions quickly. Curable negatives are one of his strategies, which is the core idea of this video, and he will be discussing this at large. The stocks will be shown in the charts, and he will show how it is read for complete accuracy and no loss.
So watch the video to know what is unique about his trading style is that he adopts the principles of investing in his trading strategy.
Your Speaker
Mr. Fastlane Trader
Your Host
Vivek Bajaj