Sunday, March 28, 2010

Financial Market Education in India

Financial Markets have grown both in volumes and reach in the past decade.
  1. The amount of literature available on Trading, Market structure, Various instruments has exploded.
  2. Media focus on Markets has also increased phenomenally. Local Channels are also taking to business programming in a big way.
  3. I would like to highlight some of the education providers I have come across in my research in the process of establishing BlackSwan Financial Markets B-School.
  4. Finance Certifications : a) Kredent Academy

b) Ideators

c) NISM

d) ITM Financial Markets

e)BLB institute

f) FTKMC

g) Mansukh Institute for Finance

h) Equity Rush

i) APTART

j) Pristine Careers

k) Ace 3 levels

l) IQFI

m) Quantamatics

n) Torux

o) CD integrated

p) Inspire education

q) iicm india

r)iifp india

s) Kunvarji Academy

t) finosys

Saturday, March 27, 2010

Role of Fundamentals in Intraday Trading

In my new journey of BlackSwan Financial Markets B-School and setting up a broking office in association with RLP Securities I would like to share some of my observations
  1. The role of comprehensive view of Market Context. Often beginning traders may be looking at price levels or chart patterns, where as they need to put all this into sectoral context, Traders Behavioral reaction patterns, planning the trade in terms of risk
  2. It is taking time for me to get reconciled with lack of control when the trader is given a free hand and the limitless environment of trading will make the trader go aggressive at the wrong time.
  3. As often the Chair admonishes in DailySpec, beginning traders fail to scratch the trade, when survival is very near.
  4. The importance of survival cannot be overstated
  5. Market tuition fees must be paid so that it repeatedly drills the riskmanagement rules into the trader's head.
  6. The importance of market context was highlighted on Friday's trade when I am trying to trade Pharma stocks from the Short side.
  7. Often CNBC's hyping of certain stocks or sectors may give the intraday trader fade the sentiment extremes.

Friday, March 26, 2010

NSE Certified Market Professional Level 4

I am glad to announce that I have received NCMP Level 4 certificate from NSE.

  1. NCMP  Level 4 is awarded to candidates who have cleared 9 + Modules.
  2. I particularly liked its new addition IAPM module which has lot of relevance and market interpretation scope  with an MBA ( Finance) equivalent course content in it.
  3. IAPM has been taught by me in various B-Schools with my major text being BKM,Nofsinger
  4. BlackSwan is launching a 3-month full time/weekend batch for intensive training in NCMP Level 4 Course.
  5. This course comes with a hostel accomodation, Placement tie ups with Brokerages, and Certicication assurance else fee refund options.

Friday, March 19, 2010

Importance of Trading Environment

Intraday Trading needs to be conducted in a conducive environment.

1. As Intraday Trading needs intense concentration , the trader needs to avoid all distractions.

2. The trader needs to access his meditative flow state.

3. There needs to be no opinion sharing itch among fellow traders unless there is a clearly defined protocol. This reminds me of how Victor writes about Trading Operation.

4.Need for maintaining silence in the trading room.

5. I am willing to admit that these unnecessary mistakes cost me yesterday and I paid the market a huge tution fee.

Monday, March 15, 2010

Pursuit of ShortCuts

In my interaction with many investors in the process of operating Blackswan FMB-School my observations

1.Pursuit of Shortcuts in the form of TIPS and sure-shot recommendations by investors surprise me .

2. How pursuit of money is put on top of market understanding and pursuit of knowledge

3.Market should give the participant energy rather than draining it

4. Having some framework or method in place of no method


I believe only when the market participants enjoy the journey they can go up the learning curve and increase their expertise.

Saturday, March 13, 2010

Grand Strategy in Trading

As a student of market,grown up on traderfeed by Dr Brett , I find his posts resonating in my trading approach.

1. In my recent effort to build a Trading & Markets Monastry in Hyderabad , I had immense satisfaction in interacting with Beginning Traders and Students.

2. I had associated with RLP securities in this venture to offer trading facilities. My need for intraday flexibility and easy approachability of top management together with sppedy response fitted with RLP.

3 My basic approach of Risk Management,Viewing every Trade idea as a hypothesis, having a Grand Framework for Trading ( Mostly derived from Dr Brett), Identifying the particular traders' niche, I am trying to instill in my co-traders and speculators.

4 I am fortunate to find able friends like Mr VVM Reddy an IIT Chennai Grad and and an expert physics tutor for IITJEE. He is very enthusiastic about fundamental research and deep value investing. Another trading friend Mr Venkatgiri an engineer who is very keen on learning trading and analytics.

Market Structure differences 2010 Vs 2020

Some of the changes I have observed in Market structure in 2020 compared to around 2010 Huge increase in trading Volumes Predominant ...