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In this Josh Talks, let's delve into the fascinating journey of Rohit Srivastava, a seasoned investor and trader in the stock market, who talks about always exiting a stock at the right time. Rohit's journey began back in 1990 when he was in the 11th standard.
He gradually dived into understanding market dynamics, company fundamentals, and technical analysis by studying books by authors like Martin Pring. In 1994, he joined Dalal Street Journal Company, where he gained insights into IPOs and stock software.
Over the years, Rohit mastered the intricacies of the market and witnessed the growing interest of people, especially young college graduates, in investing to create wealth. However, he acknowledges the cyclical nature of market enthusiasm, drawing parallels to past market phenomena like the era of Harshad Mehta.
After completing his MBA, Rohit delved deeper into technical analysis, particularly Elliott Wave analysis, which forecasts market movements. He honed his skills and saw profits in 2001, marking a significant turning point in his career.
Recognizing the importance of education in navigating the market, Rohit co-founded India Charts. Through India Charts, he provides daily market insights and offers mentorship programs to educate aspiring traders and investors.
Moreover, Rohit identified the need for comprehensive market analysis tools. Hence, he developed the Strike platform, enabling users to visualize market data and make informed decisions, even at a basic level.
In essence, Rohit's journey underscores the significance of continuous learning, understanding market dynamics, and executing trades with confidence. He emphasizes the importance of self-education, mastery of tools, and the ability to accept mistakes for success in the stock market.
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