In this Face2Face video, we've with us Mr. Vivek Bajaj, co-founder StockEdge & Elearnmarkets and Mr. Kirubakaran Rajendran, founder, of Algo Trading firm, SquareOff designed Trading Bots – an automated program that trades using a given set of rules. Mr. Rajendran talks about his growth in the industry without having much knowledge about it and how people can learn more about the stock market and earn money. He started his venture with his friend after he left his routine job, which was not his cup of tea.
Mr. Rajendran discusses the advantages of rule-based and algorithmic trading over news-based trading in this video, highlighting the necessity of having a clearly defined approach for better results. He discusses essential topics such as options trading, intraday trading, position sizing, and bank nifty, offering insightful information for the best trading strategy. Using practical examples, he demonstrates rule-based options trading and offers advice on when to use stop-loss orders and when to use call and put options.
It is useful for investors, retailers, and traders who want to know the crux of the market, including the correct time for any action that is essential in rule-based trading. He also says that majority of the traders lose money because they do not use rule-based trading but a news-based trading system. This needs to stop because having a set strategy provides a framework for the trader, and this will be explained by Mr. Rajendran, who has been experienced in this field for a good amount of time.
Watch this video for a great experience and knowledge that will help you in your future and in the trading industry. Mr. Kirubakaran Rajendran will provide a constructive learning session.
Your Speaker
Mr. Kirubakaran Rajendran
Your Host
Vivek Bajaj