Making Experts Accessible to All

Question 1

Who are we?

Our Mission

Making Experts Accessible to All

Answer

Xpert - is a social learning app to help you learn from the best. We are not your regular online course, but rather an experience that is beyond regular classes, lectures & assignments. We have India's top experts across each profession share their experiences, opinions, techniques & advice accumulated over the lifetime of their careers.

Question 2

What is Financial Trading?

Answer

Financial trading is an exchange of several instruments like cash, stocks, mutual funds, bonds, etc to make money from it. It involves buying and selling of the assets resulting in profits. This is an immense industry that impacts the whole world. It’s a profession that requires a large amount of money to buy instruments, but at the same time, gives back a large profit if done with proper planning and strategy. In a volatile marketplace, many organizations, government bodies, and even individuals are trading to have benefits from purchasing and selling these monetary instruments simultaneously. Hence more risk but also more profits.

Question 3

What are the qualities of a Financial Trader?

Answer

Being a Financial Trader requires some inherent quality and skills that can help you become a good trader. Trading involves a lot of research work and knowledge before putting in money. With this, comes hard work, stress, and anxiety, and one who knows how to deal with all the stress and is persistent on working, is the one who excels. Financial Trading is that profession that involves ups and downs of money and hence one should know how to control one’s emotions and work for oneself. Some of the skills can be imbibed like analytical and mathematical skills as this profession works all on monetary terms.:

Question 4

Who are the top Financial Traders?

Answer

The Stories of the Financial Traders are not less than a motivational one. Their persistence and hard work have the intensity of impacting the whole industry. Some of the most famous traders of all time are George Soros(Soros Fund Management), Jim Roger(Rogers Holdings), Paul Tudor Jones(Tudor Investment Corporation), John Paulson(Paulson & Co.), Nick Lesson, Steve Cohen, David Tepper(Appaloosa Management), Bill Lipschutz, Ed Seykota, Jimmy Wales, Brian Hunter, Andrew Hall, Richard Dennis, Naresh Nambisan, Madan Kumar, Abhinand Basavaraj, Kirubakaran Rajendran, Chirag Setalvad, Ashish Chugh, and the very young Pratik Patel. All of their journeys are loaded with hard work, devotion, and persistence. They are individuals whose moves affect the entire business.

Answer

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Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

-George Soros
"
Keep your trading as simple as possible

-Naresh Nambisan
"
One of the biggest differences between a successful trader and a non-consistent trader is the way in which they handle losses

-Madan Kumar
"
Preserving capital and having a proper risk management system is paramount. Discovering yourself and trading according to your psychology is equally important.

-Abhinand Basavaraj

Question 5

How can you start as a Financial Trader?

Answer

The very first step to become a financial trader is self-analyzation. One should be hardworking enough to sit through hours, patience enough to deal with the ups and downs, a controller of one's emotions, and a risk-taker. You can start by acquiring basic knowledge about the marketplaces like the Stock Market, Forex, Commodities market, etc. Everything from monitoring evident components, for example, exchanging hours and events, to thinking enough about the complexities associated with pip development, is required to guarantee, you make fruitful exchanges and speculations. You can apply all these knowledge and skills while working in some financial firms to gain entry-level experience.

Question 6

What are the challenges of being a Financial Trader?

Answer

Financial Trading always comes with its ups and downs. More simply, one makes a profit by selling at a price more than its cost, and one bears a loss when by selling the instrument at a lower cost than the buying price. People generally trade seeing the trends and therefore, trading comes with a great deal of risk. Traders take a huge risk when they buy an instrument (shares, forex, etc.), and hence a lot of calculations and analytics are also involved. Another challenge is one must be all-time aware of the prices in the marketplace. If not, one can lose an opportunity of buying/selling an asset at the right time. This comes with a lot of hard work and constantly keeping an eye on the marketplace. But through the right strategy, quick decisions, and persistence, all these can be overcome with due time.

Question 7

How can you learn
Financial Trading at Xpert?

Answer

Xpert will help you to get an experiential learning of the concept rather than bookish knowledge. Financial Trading is a profession where the real-life cases and stories are more relevant when it comes to learning about the profession. Here at Xpert, you will gain on-hand knowledge directly from the top financial traders right now in the market. You will get to know about their success stories, life experiences, the decision they made while they stumbled upon an obstacle. Their first trading and after how long they gained profits. The challenging situations that came their way and how they navigated through them. We deliver the fresh knowledge to equip you with all the right information directly from geniuses to help you in your journey.