In this video of the Face2Face series, watch Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, and Kredent Money, hold a candid conversation with Mr. Mitesh Patel. To learn from other similar market experts visit- & use the code- BFS33 to avail a flat 33% discount
A chemical engineer by profession, Mr. 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.
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Through this video, we will understand how important it is to understand the importance of understanding how the market works. Mr. 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 in options effectively.
We will also learn about risk management in option writing and future trading. Mr. Patel will share his opinions on how to identify stock momentum with relevant examples from his own trades. He will also discuss his own 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. What makes this video even more unique that he has used his own trades to explain his trading techniques.
Mr. Patel will also discuss how to identify the best options for trading. He will also discuss a strategy for novice investors which can help them trade with confidence in the F&O segment. He will also discuss some essential features of retracement by understanding some trends in the candlestick charts.
Also, we will watch Mr. Patel discuss how he takes up trades in options by explaining his own trade in the market as a practical example. Mr. Patel explains 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 it is not essential to keep an option till its expiry to make an effective trade.
Mr. Patel will also talk about what amount of capital traders should have to trade in options with as little risk as possible, with practical situations to justify his answer.
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