Meet Rajat Arora, our guest on the Big Bull Podcast, who engages in Swing Trading.
Back in 2015, while interning as Company secretary (CS), Rajat Arora heard about the stock market from his boss. His boss used to often discuss the ins and outs of trading, including the profits and losses involved.
He practically learnt about the stock market when his boss showed his trading portfolio and explained that stocks give dividends, especially those of public sector companies, and also showed his old stocks. Inspired by this, he started buying a small quantity of stocks with the 10k-15k savings. Gradually, he began to see some profits.
Later, it was realised that even though he was studying Company secretary (CS), he didn't analyse companies' balance sheets.Then he focused on market fundamentals and took advantage of his commerce background to examine financial statements.
Gradually, he began learning about the stock market through YouTube and books.
In January 2019, his father passed away, and on the 10th day after his father’s death, gold worth 18-20 lakh was stolen from his home. During that time, he had stopped trading for 6-8 months.
When he resumed trading, he had accumulated a good amount of capital, and he also had a good understanding of fundamentals. However, his technical knowledge was not extensive at that time. He then started engaging in positional trading.
In 2021, when the coronavirus pandemic hit, his mother passed away.
After a few months, he got married, and he had to take on the responsibility of his younger brother. To distract his mind during that challenging time, he would often look at the market. His focus was on their responsibilities and the market itself.
He would observe the market day and night to enhance his knowledge. As his profits started increasing, he also increased his capital, leading to even higher profits.
He admits that his biggest mistake among all these experiences was Overtrading. Trading more than necessary caused his significant losses. To understand his Stock Market journey in detail, watch the entire video.
Do you want to get featured in our stock market podcast series? Fill this form to get a call from us: https://forms.gle/jMC9iJW1g4cGkjZw8
Follow us on Social Media Handles:
Instagram - https://bit.ly/adb_insta
Twitter- https://bit.ly/adb_twt
LinkedIn- https://bit.ly/adb_linkdin
? Listen to Our Podcast on Spotify:
https://spoti.fi/3JnpmSQ
?Subscribe to our Aseem Juneja Channel:
https://www.youtube.com/@aseemjuneja
?Subscribe to our Stock Market Learning Channel:
https://www.youtube.com/@StockPathshalaOfficial
?Subscribe to our Vlog Channel
ADB Vlog - https://bit.ly/adb_vlog
✅Visit Our Website
https://www.adigitalblogger.com/
✅Visit our Hindi Website
https://hindi.adigitalblogger.com
0:00 Introduction
1:13 - 6:03 How Rajat Entered Stock Market?
6:04 - 9:55 His First LOSS
9:56 - 18:28 Stock Selection Strategy
18:29 - 24:45 His Basic Price Action Analysis
24:46 - 27:30 Lockdown & Stock Market
27:31 -30:58 Using Margin Trading Funding
30:59 - 36:33 Adani Loss
36:34 - 38:42 Managing Trading Capital
38:43 - 43:49 Promotor Frauds
43:50 - 46:09 Golden Tip for Beginner Traders
46:10 - 56:09 Inside Bar Strategy
56:10 - 58:29 His Trading Psychology
58:30 - 1:03:40 Who must NOT use MTF?
1:03:41 - 1:11:46 Impact of Personal Life in Trading
1:11:47 - 1:19:58 Biggest PROFIT & Mistakes People do