In this video of the face2face series, we have with us Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in conversation with Mr. Bharat Jhunjhunwala, a businessman and a part-time trader by profession. He is someone who became involved with the financial markets in 2005 and had been trading and practising for over 15 years now. He is someone who has witnessed various market cycles and also made profits during the crash of 2008.

15 years of experience is spelled out in this video, so you certainly don’t want to miss out on this video. This video is also suitable for all part-time traders in the stock markets. Many people, just like Mr. Bharat, have other things to look after and cannot be dedicated traders. So this video will also be very helpful for them.

The video starts with a brief introduction of Mr. Bharat and his journey in the stock markets from a learner to becoming a successful trader. The speaker will then talk about momentum trading using a technical analysis indicator known as the Relative Strength Index or the RSI. The speakers will discuss all aspects of this indicator and the meaning behind it.

In the next part of the video, Mr. Bharat will discuss a trading strategy based on price action and the RSI indicator. He will explain the strategy in great detail by performing technical analysis on real-life stocks. He will also discuss ways to identify early potential trend reversals in the markets using the RSI indicator.

Then the speakers will talk about strategies to time a proper exit from a long or a short position. He says that it is a well-known fact that it is easy to enter or take a position in any stock. But timing the exit correctly is critical and challenging at the same time. So using RSI and price action, the speaker will discuss an exit strategy too.

Finally, towards the end, the speaker will emphasise the importance of practice, continuous study and adhering to one strategy. He says often traders divulge from their strategies and let emotions creep in, but he says it is very important to remain focused and not make decisions in a hurry. So do watch the video in full and continue to support us so that we can bring you many more such videos.