Description
Hello listeners! In this edition of our Face2Face podcast series, we will talk about ways to become a successful part-time trader. We will be talking about the tricks and techniques of trading with a full-time job with our rocking host Mr. Vivek Bajaj and our anonymous guest Mr. Gordon.
Mr. Gordon talks about his strategies with examples, and his P&L sheet also shows his success in the market as a part-time trader. He says that he works with two of his trading systems, one of them is used for selecting stocks in the cash market on delivery with the intention to sell them and the second is NIFTY future trend following system.
Mr. Gordon suggests the removal of loss-making stocks is extremely important and looking up to the shares that have the potential to make money. They should be treated as employees, the best one receives an incentive, and the worst performers should be fired. The importance of making an individual strategy and plan, which is backtested for a maximum positive outcome is explained by our guest speaker.
So do tune in to this podcast to know more about the secrets of part-time trading and how you can apply them in your trading career.