Stockedge Seminar

“It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.”
– George Soros

As soon as the clock struck 11:00 A.M. on the 6th of July 2024, the Bull’s Eye Collective of The Bhawanipur Education Society College went ahead with a seminar by StockEdge in the Society Hall of the College enlightening fellow beginners about the essential strategies of Stock Exchange with around 100 attendees. The seminar began with Mr. Vineet Patawari, CEO and Co-Founder, of Stockedge and Elearnmarkets, taking center stage as the speaker for the day who has around 12 years of rich experience in the domain of knowledge. He is an IIM Indore Alumnus and also a Chartered Accountant his interests include digital marketing, blogging on recreational mathematics, and traveling, and has a passion for teaching.

Beginning with the seminar, Mr Patawari gave insights on the best and safest stocks in the country and analyzed their performances for the last year with the help of practical experiences and graphical representations as well as he gave us an overview of how stocks work and how the price of a stock moves up and down. Explaining terms like Nifty50, Demat Account, SIP, Mutual Funds, and Equity, he delved into the deeper world of the stock market and the audience was on the edges of their seats. The two fundamental concepts of the Share Market are Profit and Perception, and he gave a detailed explanation of these concepts with the help of displaying price charts of various companies on the screen pointing out the fact that we need to concentrate on the companies whose price charts are moving from Good to Great and not the other way. According to him, it is imperative to learn the change of perceptions and perceptions generally change with the change of earnings, but early research is of utmost importance to know the change of perceptions in the earliest stages. Giving the technical analysis of the stock market, he said that with the change of perceptions, more people get attracted to buying a stock and the volume goes up resulting in pushing the price above and this becomes visible in the price chart and for the beginners, this is the best way of starting their investments in stocks by analyzing the price charts. He advised the beginners to refrain from beginning their investments in stocks that are declining from Great to Good as they start declining from their performances. With Warren Buffett’s quote “Be fearful when others are greedy and greedy when others are fearful,” Mr. Patawari advised that when the profit margins increase in abundance, be cautious while investing. He continued his lecture by stating that every stock may have different perceptions, and it is advised to have a detailed analysis before investing. Just like every coin has two sides, everything in the world of share market has pros and cons, therefore being an extremist is never a good option rather, being multifaceted helps to survive in the long run. To understand profits better, it is needed to analyze the balance sheets, and cash flow operations, and have accounting skills. In his words, understanding mass psychology is of utmost importance, and in the law of large numbers, the probabilities are almost perfect if done accurately because understanding the psychology of one person might seem difficult but understanding mass psychology is easier and this is where he quoted, “If 1 lakh coins are thrown to find out the heads and tales, the result is 50-50.” He also advised the students to refer to “Stock Edge” an app that helps in simplifying the stock analysis and further said that students can learn more from the online platform known as “Elearnmarkets.”

Lastly, there was a question-answer round where the students were allowed to clear their queries one of the young minds from the Dept of Economics asked, “Being a beginner if I have ten thousand rupees today, what should I do?” to which Sir answered to invest in SIP in Mutual Funds. Another question asked was whether long-term or short-term investment is more advisable to which he replied that having a balance between both is advisable but short-term investment can be more stressful. Therefore, it is important to understand the advantages and disadvantages of both and not being an extremist. The last question for the day was, “As a beginner, where to start?” to which Sir answered that in the journey of the stock market, there are four parts which include the nitty-gritty, data and analytics, collaboration, and lastly, advising and following these processes one can start the stock market journey. The insightful event came to an end with the felicitation of Mr Vineet Patawari with a memento by Prof. Darshana Trivedi, Department of B.Com (Morning).

Reporter – Moubani Maity