Learn a Profitable Options Scalping Strategy from a Trader !!
Welcome to another mindblowing episode of face2face, I am Vivek Bajaj cofounder of stockedge and elearnmarkets face2face has created a revolution in India where we are bringing expert traders and investors who will teach you and we are explaining how can you participate in the share market and make money you people must have heard that India is full of unemployable youth maybe our education system is not making us ready for employment because our focus is less we just study to pass our exams, and when we graduate we realize that we have no skills then we try to learn the skills, this is about the graduates. Some of them are just 1 pass and they are unable to do it properly so they must be thinking that when can we be more confident and learn some skills they must be worried that what will we do because I have not studied anything, especially when they enter the stock market they get more tensed so this is a problem in India and more in the share market. The way to the stock market is a little rough I want you all to watch the video till the end, especially for people who are not strong academically. It has strategy and concept, but it will also have inspiration. today our guest is a class 10 pass, who has made a career in the stock market and he is successful so let's welcome our guest, Mr. Vijay Thakere. Hi, how are you? Yes I am good first of all, I would like to thank you for coming down from Nashik to shoot for this, I like offline face2face more because it is heart to heart no matter how much we talk in zoom call, eyes meet but hearts never meet. So thank you for coming
thank you so much, sir, it is my pleasure that you have called me here and you thought I was capable of it. I will try my best to impart knowledge of whatever I have thank you for giving me the opportunity, I will teach share whatever experience I have in this field, and what all I have experienced yes share from your heart, and please feel comfortable because this is our face2face family and now you are a part of it. I would like to tell you one thing that is why I do face2face. It is really important for us to know the concept, I do it for the expression I think you have seen a lot in your journey, that's why you were able to reach here. You are an inspiration it is important to express the inspiration, there is so much negativity around. If we express, then we can make so many things right
when you started face2face in 2019 that was the biggest inspiration for me to stay in the market because that time I was going through a very hard time, so your show was like an inspiration for me, which helped me to realize that there are so many traders I realized that if they can do then even I can do so let's go back to the time and know about your journey. You are 10 pass, which is so fascinating because you are so comfortable and able to work in the market yes I am 10 pass but it was really nice that I was from an English public school as my parents admitted me there we had a family business at that time, my father had health issues and he was not able to do any job so he told me after the 10th that he won't be able to do anything because he is unable to work anymore going to college was important so I started working as a newspaper delivery boy I used to get 500 for that, which was not much for my education and other expenses like traveling etc. due to this, I started losing interest in education. Also because I was never an expert in academics so I thought I will do a job. As you know, once you start earning it is difficult to go back then we started working in factories, all my brothers together where we used to get 50-60 rupees then later we used to get around 2000 rupees. The work was heavy duty and we were just 18-19 years old then I started doing door to door and went to different people for pitching different products through cold calling, these people never knew that I am going to come.
I did that for 1.5-2 years, then I realized that all this is not for me I wanted something big in life. I was getting 4000-5000 but still life has no certainty if my product is not getting sold then I will get no commission My uncle gave me 2000 rupees and told me to get trained in BPO in voice and accent because, in 2005, it was really in. They needed young people so I did that and I got a job in a BPO. It was my first job in an office so I was happ7, even though it was just 6000 rupees I used to do the night shift, needed to pitch my ideas to clients in the US I used to get many facilities like traveling, food, which was nice because I was uneducated and even after that I was able to experience all this I wanted to do something in this line only, but then later I started missing my family, and then I went back because even my hometown started BPOs in Nashik, it was around 2005. So I thought that if they are able to do business then even we can
I got a godfather who helped me, the company I started with 500 rupees had a turnover of 5 crores now At that time I had no idea how technical analysis and strategies used to work On the night shift, after a few years, your body will tell you that you need to do something else now after some time I started learning how it works, and then it went well in my Maharashtrian community, trading is not considered nice they think it is gambling your capital is like your kid, if you will not nurture and increase them in value then it won't help you you have to take the chance and go on with it the capital starts getting deployed and it becomes really stressful it started getting deployed, and I was not able to book a spot here I was planning that I will keep the capital this much only. How much was during April? It was around 40 lacs if the net profit is 1.9 crore, then my deployed capital is 10x so you like this red? same way how you like green? Yes sir on this day your average is 14 lacs, which is higher than your average, on the other day it is 6 lacs which is also higher than your average if we will not treat trading like a business then we won't be able to understand what we are doing so we saw your profit now we talk about your strategy opportunities are very less for an options buyer, so they have to understand where to trend and where not to I have a basic setup, I use 2 screens, one is this one and the other is Zerodha a zone is marked here, these are the bluelines and after entering the stop loss went too low it will increase only when the formation of the candle is low suppose you enter here, the stop loss will go there when it is in the money, then only the speed increases, and I like that which date you are talking about? yes you can go on that day 200 is the ema, so if the market is really bearish and it is closing even 5 minutes before 200 so you bought it in a call on that day? and this was biasedness, the market was not telling you this but you took this view this is a crime, people who are making you do this are not good. I saw a video and I felt so bad it is in your favor but it is getting the benefit of natural time decay I was thinking that my profit for the previous day can be my stop loss if you lose that will you be okay? or you will disturb your mentality so it means that it is not all science, it has a bit of discretion it should be kept near so that you get reminded all the time people should think why should I waste that, some people keep cash so they know what they are going to lose that will be different, so how do you allocate the capital? I used to see the chart for 3 minutes in scalping, in commodities it is going in and out it is not possible, the risk quantity will be more, yes if you do it then what's the use it will get irrelevant in a few years, so my model should get ready so that I can continue for a few years you have to give a breakdown, then you have to think about how to give the false what else I can take from you, sir I will ask the question what is trading? if you give 2-3 years then you will learn trading, you have to give this much time
2022-02-02 05:48
