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Learner Vivek Bajaj

@vivbajaj

Feb 15

As a prop trader since 2006 with 150 inhouse full time traders our Edge always was transaction cost, technology and access to information using Bloomberg and other terminals. That is now available to everyone.

Still 99 percent people loosing money. Why ?

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1. Most of them have no idea why they are partcipating in the market? They start with trading and if loss in position, become investor or they start with investing and seeing the small profit they become trader.

First thing First Know yourself. Use this:

2. Secondly people spend too much time looking at the trading terminal. And now with terminal on mobile phones, its even worst. The color changes around bid and ask always excites human mind and invites to trade more. Its like any other vice. Try trading without these.

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Learner Vivek Bajaj

@vivbajaj

Nov 28, 2021

@mystockedge

Why @mystockedge premium is a must have for all swing traders and retail investors ? I call it an ATM machine. But one should know how to get money out of it.

See this powerful thread for key features. If you find them useful don't forget to support us by subscribing.

Simple and effective scans for stock identifications. No fancy engine to keep you confused. I strongly believe simple things work the best in market.

Also combo scans with multiple scan combos can identify stocks like butter.

Investment themes for your potential long term investing journey.
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This makes your life simple, again.

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Learner Vivek Bajaj

@vivbajaj

Oct 9, 2021

Some people have asked me how many things you are into and how do you manage? 🧵 for my friends here.

1. Entrepreneur

a. Co-owner of Kredent Trading, one of the largest prop trading firms in Kolkata with over 150 full-time traders. Other co-owners are my amazing brothers.

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@graizada

b. Co-owner of Irage, one of the largest algo trading firms in India with over 50 technocrats trading using technology. Other co-owners are my amazing partners like @graizada @niteshkh and other three low profile gentlemen Rajib, Sameer, Anil.

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@mystockedge

c. Co-owner of Kredent Infoedge, an entity involved in simplifying finance for everyone with @mystockedge @elearnmarkets @StockEdgeSocial. Other co-founders are @vineetpatawari and @vinaypagaria, with super team lead by @vinitpagaria @reachsj @Trader_souradep and more

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Learner Vivek Bajaj

@vivbajaj

Aug 24, 2021

In my 15 years plus career in markets, I have witnessed multiple regulatory changes. Some good, some bad. Stock market is one of the most regulated businesses. Reason ? It's about money, honey. If not done the right way, the entire structure could collapse as house of cards.

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Every 4 to 5 years we have seen some major changes in market microstructure in India. Be it STT then removal of income tax rebate on STT,then algo trading,then additional margins on stock futures, then CTT,then introduction of currency cost, then uniform stamp duty etc.

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As markets evolve the regulatory changes becomes inevitable.Infact sometimes, these regulatory changes lead to change in market behavior. It's not about retail vs. institutions.Finally everyone looses if market looses genuine liquidity.I have always moved on at every stage.

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Learner Vivek Bajaj

@vivbajaj

Aug 22, 2021

The biggest problem for a modern day entreprenuer is that the business is monthly cash flow positive and you don't feel the need of raising external capital.

Not raising external capital at early stage will delay the potential of becoming investment ready.

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Obviously there are exceptions who create money making machines and don't need external capital forever. But those are strictly exceptions.

I have learned this hard way in last 3 years. Spending too much time on product, revenue and profit can be counter productive.

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My humble submission to all buddying entreprenuers,don't consider fund raising as an incident need but as the part of the product lifecycle. Here is the flow

1. Deploy your very small capital and build product prototype
2. Raise seed capital immediately to gain traction

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Read 5 tweets

Learner Vivek Bajaj

@vivbajaj

Apr 1, 2021

This circular from NSE has potential to massively reduce liquidity in market as market makers who are actively giving bid and ask may find it difficult to maintain the optimal order to trade ratio.

Thread on this.

Who are Market Makers ?

These are high frequency traders (algorithms now) which are always there in the market depth to provide entry and exit to various market participants.

They are typically providing bid and ask at every depth of the market. Hence lots of orders.

There is always high order to trade ratio for these market makers as number of trades executed out of these orders are not within their control. Market is very dynamic and one has to remain with their orders to capitalize on any execution on both side.

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