Making Trading An Accessible Career - The Dream Of Pro Mentors At Trading Cafe India
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Like the USA and other European countries, trading in India is not very common. Moreover, it’s more like a woe if someone in India approaches their parents about this career. Indians have learned this the wrong way from early on - that the stock market is a place to lose all your money in one go. Well, our trading mentors at Trading Cafe India - Joel and Aakash don’t think so. They wanted the Indian youth to rise above the ordinary careers of an engineer or a doctor, or a corporate employee, and that’s why they started Trading Cafe India. Today’s let’s learn more about their welfare-centred mentorship venture.
Where Did They Begin?
Chinmay, from the beginning, was very fascinated by the financial market world and wanted to make a career in the stock market.
They started trading at a very early age in their lives, particularly by saving up their pocket money. Like most newbie traders, they also lost significant time in the beginning and blew up some accounts, but sooner or later, they were on the right track sooner or later.
Today, it has come to this - they have burned their hands so many times by playing wrong with Mr Market, so they ensure that none of their students burns their hands (capital) while trading in the stock market.
Why Does Anyone Need A Mentor While Trading?
Thanks to the superfast internet speed offered by Reliance Jio and hassle-free Demat account openings via smartphones that many leading brokers offer, almost anyone can open their Demat account. This has paved the way for many Indians to start trading on their own. They don’t understand that the stock market is not a good place to bet your hard-earned money without any proper knowledge.
Most retailers just punch in buy and sell orders without thinking justly, and to be apart from that crowd and save the capital, novice participants in the market need mentors.
How Is Trading Cafe India’s Mentorship Program Different Than Others?
First thing’s first, the TCI team, unlike other mentorship programs, don’t send out calls to its students. Buy and sell calls are a signal that the students aren’t completing the learning curve efficiently. The TCI team believes in making every student a self-sufficient trader so that they can feel confident even when someone’s not around to monitor their actions…!!
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Honing Price-Action Skills
TCI doesn’t believe in news-based trading, which in fact, many retailers depend upon like anything…!! The advanced learning program at TCI involves actively learning price action patterns to rightfully observe the market direction and understand the gravity of every price movement, because after all - Bhaav Bhagwaan Chhe…!!
Data Is King
To make trading more lucrative for its students, the TCI mentors take it upon themselves to help their students learn the art of reading data and reading data between lines. Be it option chain data, fundamental reports for investment, or any other vital figures that might affect the trades, TCI teaches them all…!!
To make trading more lucrative for its students, the TCI mentors take it upon themselves to help their students learn the art of reading data and reading data between lines. Be it option chain data, fundamental reports for investment, or any other vital figures that might affect the trades, TCI teaches them all…!!
Customisation Is Their Luxury
There are almost 5,000 companies listed on the National Stock Exchange, India, and they can’t trade every single one of them. Moreover, an average person would spend hours finding the right instrument to trade. This is not the case at TCI, why? Because TCI is extraordinary…!!
You wouldn’t believe they have a customised tool - Tredcode, which combines the Price Action and Effective Data Reading to generate results that are trade ready. The results coming in their custom filters are high momentum picks that help their students hit more targets and fewer stop losses.
There are almost 5,000 companies listed on the National Stock Exchange, India, and they can’t trade every single one of them. Moreover, an average person would spend hours finding the right instrument to trade. This is not the case at TCI, why? Because TCI is extraordinary…!!
You wouldn’t believe they have a customised tool - Tredcode, which combines the Price Action and Effective Data Reading to generate results that are trade ready. The results coming in their custom filters are high momentum picks that help their students hit more targets and fewer stop losses.
The Winning Stroke - Execution & Strong Psychology
On top of all the Price Action, Data Reading, and Customised Tools, TCI also gives importance to the practice of executing right in the live market. TCI’s students learn the art of executing orders with a clear head in the market. They also know not to let the target hit get to their head, and stoploss hit notification doesn’t hit their heart. This is the power of learning the proper psychology behind trading.
On top of all the Price Action, Data Reading, and Customised Tools, TCI also gives importance to the practice of executing right in the live market. TCI’s students learn the art of executing orders with a clear head in the market. They also know not to let the target hit get to their head, and stoploss hit notification doesn’t hit their heart. This is the power of learning the proper psychology behind trading.
The Takeaway
So that was how the team at Trading Cafe India is bringing the Indian youth a step closer to the world of Financial Markets. Do you also want to get trained like a pro? You can check them out at Tradingcafeindia.com
Topics : Trading
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First Published: Sep 13 2021 | 12:16 PM IST
