Back Again!
Today's post comes out after a loooooong break, and I owe you an explanation.
I recently got hired as a Research Associate at an equity research, investment and portfolio management firm.
There was a lot of changes and I had to take some time out to re-evaluate my options and the scope of this blog.
After joining this company, I was faced with a number of restrictions since I could be exposed to a lot of non-public information, which if I used would in simple words, amount to cheating.
Without getting into the details, let me sum it up for you, there is a market regulator named SEBI in India which ensures that all stock exchange participants are at a level playing field.
Since I could possibly manipulate markets, I am restricted from a lot of activities.
All my favourite strategies like Volcano and Gap are a strict no go area for me. I can't even talk about specific stocks!
Every trade, my dependants or I make, requires pre clearance and reporting. Every stock I buy must be held for a minimum of 6 months! And there are many stocks that I am just not allowed to purchase!
Additionally I have had to end the Buy Me a Coffee Program. I did have fun running it for two really profitable months and it was a modest success. So now the blog is back to pure knowledge and idea sharing.
A shout out to all the people who had subscribed, I learnt a lot from you guys, thank you!
But there is a silver lining, I am allowed to trade Nifty and other Index Futures and Options as well as commodities freely.
Though I can't give specific buy and sell signals, I can explain strategies, or even explain trends and market happenings. So my universe has been curtailed but it is still quite vast and therein lies the new scope of SimpleTrading!
So today onwards the nature and scope of this blog will change yes, but it will still be very much about trading. And since I will be trading in Futures and Options, my next post will be about just that! So stay tuned!
In the meant time, please visit the other posts, subscribe, find me on Facebook, Share and give me your feedback!