How to Analyze Data to find your Trading Edge?
- Intermediate
- English
- 1036 Learners
- Date: Nov 24, 2024
- Time: 11:00 AM
- Duration: 2 Hours
Introduction
The Nifty 50 has seen a consecutive decline of 2.55% over the last two weeks, with bearish sentiment persisting for most of the past seven weeks. As traders, we're all wondering: Will the market reverse? If so, how can we detect signs of a potential rebound or trend continuation?
The market speaks through data, and decoding it is an art that can give traders a unique edge. By analyzing market data, you can uncover patterns, understand trends, and develop strategies that work consistently.
In this session, we will focus on decoding Nifty and Sensex data to identify actionable edges that can give you a distinct advantage in trading.
Objective of the Webinar
- Learn to observe and interpret market data effectively.
- Understand how to analyze data to identify repetitive patterns.
- Develop a framework to find your trading edge in the Index.
- Build a robust system based on observed patterns and actionable insights.
Chetan has 25+ years of rich market experience, starting in the front office and moving to fundamental research and trading before moving to options trading. Currently, he is a full-time professional trader focusing on index options. He has written various articles for Moneycontrol.com and given lectures at various institutes, such as IIFT and St. Xavier's College.
What You Will Learn?
- The importance of observation in trading and how to spot repetitive market patterns.
- Methods to systematically analyze data to find a trading edge.
- Step-by-step guidance on creating a positive edge strategy in Sensex.
- Techniques to use historical data for refining your trading decisions.
Disclaimer: This session is solely for educational purposes. We are not advising any trading or investment ideas. We do not bear any responsibility for any trading losses you might incur as a result of using this learning content/ data/ indicators/ charting platform. The securities displayed, if any, are for illustration only and are not recommendatory. Please be fully informed regarding the risks and costs associated with trading in the financial markets.
Materials to be shared with participants
The webinar attendees will have access to the recording, which contains all the relevant information and insights.
Prerequisites
Basic knowledge of Stock Market
How to Participate
Step 1 : Click on ‘Book Your Seat !‘ button and book your seat for the webinar.
Step 2 : You will receive an email containing a link to join the webinar.
Step 3 : Click on the same link to join 15 minutes before the start of the webinar.
Step 4 : Checksystem requirements and do necessary configuration of your headphone/speaker and system volume.