In this edition of the face2face series, we have with us Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in conversation with Mr. Sankalp Chaturvedi, someone who, after years of struggle, has successfully devised a rule-based trading strategy. The strategy which he has developed has been coded to the popular website TradingView and is a unique algo-based approach to stock trading. He has been following and bettering his strategy since the year 2017.
Mr. Sankalp Chaturvedi is an intraday trader and does not carry over his positions. So this video will be of great help for all-day traders. Calling himself a circumstantial trader, life’s uncertainties pushed him to develop such a strategy. He believes following it has helped him and his followers overcome greed and fear in the markets, two things to which most traders fall victim.
The video will begin with a brief introduction to Mr. Sankalp Chaturvedi and how and why he started his career in stock trading. He will also give his views on intraday trading and how adhering to strict stop-losses, targets and day-wise profit targets is important to maintain long-term consistency and profitability.
Then the speakers will begin their discussion on the trading system known as StableFork, which Mr. Sankalp Chaturvedi has created. Many technical indicators such as candlesticks, Fibonacci retracements, moving averages and volume-weighted average price are discussed. So this will also help many traders who use price action and technical analysis for stock trading.
The speaker will also give live examples of his system and show the potential of the algo based system. Towards the end of the video, Mr. Sankalp Chaturvedi will also show a spreadsheet which will contain the number of daily trades taken in 1 month. He will also show his profit and loss, allowing viewers to know the win-loss ratio of his strategy. With a majority of win trades, his strategy has no doubt helped him and his followers to make profits.
So if you are someone who is interested not only in intraday trading but also looking to know more about rules-based and algorithmic trading, be sure to check this video out. Mr. Sankalp Chaturvedi being a commerce student, has learnt the art of algo trading, so anyone can learn coding with a will to learn.
If you think you need a guide to intraday trading or you want the best intraday trading strategy then our blog will help you to understand whether you really invest your time in trading or Not.
The PMS Consultant in Mumbai mainly provides wealth and assesses management services giving out advice on Binary Trading, SIP, Forex Trading etc.
Today under the PMS Consultant in Mumbai quora we will discuss the forex trading content where we will mention the types of forex trading.
The PMS Consultant in Mumbai and all other PMS Advisors are mainly registered under the SEBI.
Today under this forum we will talk about two topics, Option Trading and Exchange Traded FundsWhat is an ETF?An Exchange Traded Fund (ETF) is a collection of securities that you buy or sell through a brokerage firm on a stock exchange.
The securities underlying an ETF commonly track and follow an index, although this doesn’t limit the securities to be only stocks as ETFs are commonly composed of a mixture of stocks, bonds, commodities and various other assets.An easier way to understand an ETF would be to think of it as similar to a Mutual Fund, however, the key difference being that an ETF is listed on the stock exchange and thus is traded throughout the day at varying prices, making it far more liquid and easy to monitor than the average Mutual Fund.
This liquidity and availability is where it derives the name “Exchange Traded Fund”.
A Look At Day Trading And The Way To Go About It
Day or Intraday Trading is one among the Trading designs.
It implies that you simply hold a trade open for one or two of hours on the average and shut it before the top of the day.
Especially, Day Trading could be a smart possibility for you if you prefer market research and area unit willing to devote time to set up and monitor your trade throughout the day.
You'll catch a rebound from support or a flip down from resistance in line with the general trend so increasing the likelihood of success.
If you pursue this approach, you specialize in the foremost necessary levels of the value and initiate trade once the value moves on the far side them.
A Look At Day Trading And The Way To Go About It
Day or Intraday Trading is one among the Trading designs.
It implies that you simply hold a trade open for one or two of hours on the average and shut it before the top of the day.
Especially, Day Trading could be a smart possibility for you if you prefer market research and area unit willing to devote time to set up and monitor your trade throughout the day.
You'll catch a rebound from support or a flip down from resistance in line with the general trend so increasing the likelihood of success.
If you pursue this approach, you specialize in the foremost necessary levels of the value and initiate trade once the value moves on the far side them.
