Ep. 34 Mastering The Art & Science of Stock Market Trading with Dr Masood Rashid
Listen now
Description
Dr. Masood Rashid, a Pakistani businessman and trader, shares his insights on the stock market and trading. He emphasizes the importance of selling stocks at the right time and not holding onto them for too long. He believes that technical analysis, fundamentals, and news play a role in trading, but the most important factor is temperament. He discusses the significance of support and resistance levels, channels, and the use of Bollinger Bands in his trading strategy. Dr. Masood Rashid also highlights the impact of herd mentality and the need for entry and exit points in trading. In this conversation, the guest shares his trading strategies and insights. He emphasizes the importance of identifying support and resistance levels, setting up channels, and using the super trend indicator. He also discusses the role of psychology and emotions in trading and the importance of having a reliable broker. The guest advises traders to focus on managing risk by using trend lines as stop losses. He also talks about the concept of zeroing stocks and diversifying investments. The conversation concludes with discussions on sectors to watch and the importance of starting investing at a young age. Takeaways 1. Sell stocks at the right time and don't hold onto them for too long 2. Technical analysis, fundamentals, and news all play a role in trading, but temperament is the most important factor 3. Understanding support and resistance levels, channels, and using Bollinger Bands can be beneficial in trading 4. Herd mentality can influence market behavior 5. Having clear entry and exit points is crucial in trading Identify support and resistance levels and use them to make trading decisions. 6. Set up channels and use the supertrend indicator for entry points. 7. Manage risk by using trend lines as stop losses. 8. Diversify investments and consider the concept of zeroing stocks. 9. Start investing at a young age and focus on long-term financial freedom. Chapters 00:00 The Importance of Selling Stocks at the Right Time 01:23 The Role of Technical Analysis, Fundamentals, and News in Trading 10:02 Utilizing Bollinger Bands in Trading 23:19 The Importance of Clear Entry and Exit Points in Trading 28:54 Mastering Support and Resistance 29:22 Using Channels and Supertrend for Entry Points 30:20 The Role of a Reliable Broker 34:35 Identifying Stocks Running Faster than the Index 36:57 Managing Risk with Trend Lines as Stop Losses 40:19 Zeroing Stocks for Long-Term Success 46:33 Using RSI Strategy for Entry Points 49:57 The Importance of Investing in KSE 30 55:09 Starting Investing at a Young Age
More Episodes
In this conversation, Ehtesham Khan, CMT, CFTe, Founder & CEO, EK Global Capital, discusses the use of AI and machine learning in investment decision making and technical analysis. He explains how AI-driven momentum investing outpaces classical investing by leveraging machine learning...
Published 06/17/24
Published 06/17/24
The conversation covers various topics related to the Pakistan stock market and its development. It discusses the transformation of the stock market from open outcry to automated trading, the role of debt securities in the market, the comparison of the Pakistan stock market with other regional...
Published 06/09/24