Shishir Asthana
The role of time in investing and trading is one of the least understood concepts. Between these two types of market participants, it is the trader who pays little respect to time. A trader’s focus is at looking for signals using technical analysis, his entry and exit prices and stop loss levels. Very few traders use time as a variable in their trading.
One of the most renowned traders Jesse Livermore said ‘Time is a cunning speculator’s best friend if he uses it right.’ One such trader, Santosh Kumar Pasi (@SantoshPasi) efficiently uses time not only in his trading but also in his life.
We, at Moneycontrol, have interviewed full-time investors and traders, but this is the first time we are interviewing a part-time trader who uses his time efficiently trading the markets as well as following a successful career. Santosh is a good example of how successful strategy-based trading can be carried out with your day job. Working in one of the top software companies in the country, Santosh takes care of IT/Cyber Security Project implementation, in short, risk management.
Risk management is also what he does while trading. Santosh is as good as…
