 विस्मेल लाईरंग्मान रहीं विआ तोब लागर करन्शी लिस्क मैंच्में यस में आंग्म विस्ट्खाक तरेडिएं को अपनी सेद्गाड करें from the उसक्सबसेक्तिक लिए विज्याझन भी तरेटू करन्शी लिस्क आजका जो वहान डव्पक आव वो करन्सी रिस्के साथ तो है लेके विस की एक और औल आम्म्म्लियगेशन भी है तो जस नोद रिस्ट्ग यो मैंज कि इज मैम सेद अफ करन्सी मेनिजमेंट की बात कर हैं या पे योंई भी तो दिशास करने लगें, या among tool discuss करने लगें, दाई तीज़ा आप पलिगें टीट अद ड़ाईप सित है दे those tools discussed, that is applicable in all types of investments. तो इत �コरी आईदबास्में थे भी था and investment way or investment style, rather than just the risk management of the currency. आद is active currency trading strategies जो हम यहाँ बात करना लगे है बात करना लगे है कि क्या? active trading when we say active trading it means we are going to have more frequent trading transaction अभ ये यही हुँई अपी हुँई एक इस्वेस्में कि औसकती है आभी आब आत कर है करन्सी उसकी बहुँई हो सकती है other than that stocks, bonds, any other assets underlying that may be possible the opposite side of this is that that is passive first we talk about that then you can understand active more better I have some money I have bought some currency and I say when I need at my retirement or after 5 years then I will see what happened to my portfolio so this is a passive investment I bought once and then I hold with that investment so it is buy and hold whereas in contrast active investors or active trading is different they buy, sell buy, take active positions sometimes they buy more sell less increase positions but they are very much engaged following market trying to beat market this is active strategy so it is act of buying and selling based on short term movements to profit from price movement on short term stocks chart stocks or currency can impact us mentality associated with an active trading strategy different from the long term or the buy and hold strategy passive investors or index investors and they just hold and watch active trading is a popular strategy for those trying to beat the market average in this we think we are expert we are fast we are quick so we can beat the market if one year's market return I got 12% by our active strategies we can beat it to 14-15 the case may be one of our expectation is that we can beat the market with our more frequent trades there are various methods used to accomplish an active trading strategy each with a property and market environment and risk inherent in the strategy active can be further there are strategies but overall spectrum is same that we are more into trade we want excessive return alpha hunter i.e. we want to return rather than bad return market offer we take it as a passive active trading is a strategy that involves beating the market through identifying and timing profitable trades often for short holding periods we are not talking about long positions we are talking about taking frequent positions short positions with active trading there are several general strategies that can be employed there are many categories so there are ways which we can discuss day trading position trading now we will discuss immediately next we will be discussing each of them in more detail swings trading scalping are four popular active trading methodology but these are not the only one there are more combinations active trading seeks profit from price movement in high liquid market because active market means we will like to go in such market where there is liquidity because we do not want to take up position and then we are not able to sell that so the situation of illiquid market does not support active traders so they want a more liquid market when they want to buy for this reason active traders generally focus on stocks foreign currency futures and option with lots of volume which allow them to get into and out of the position at ease you can easily buy 1 lakh share 5 lakh euro no problem in any currency any amount huge volumes you can enter easily and you can exit easily always the case that we should buy first sometime we are even expecting we feel that if we want to fall then we sell first and then later on buy it so the both the case can be active traders typically use a high volume of trades to make profits to capture break out they use a stop an order stop order I have also said that we have conditional orders what are the conditional orders that you give order that if something happens then that trigger one thing I call and say 1 lakh dollar for me at this time the rate is 168 you buy for me I think it will come on 154 so I give them all order that when it comes to 154 then you purchase then that's a conditional order we are having it placed and if that rate comes then the order will execute not possible for example if there is a resistance at 50 dollar they may set up stop buy order at 50.05 if we think that it is at 50 then we say that it is at 50.05 then we make a transaction and if price breaks 50 so as soon as it goes to that level then our order will execute so they are making an estimate and in their ranges they lock the preferred rates in the market to capture a favourable price active trader may use limit orders which I was talking about if stock is trading at 30 but a trader wants to see that if they can buy it at 29.5 then if they buy it at 30 then they will get it but if they want it at 29.5 then they will place their limit order if stock reach that level they will get it now we will discuss day trading as its name says to one day trade you will take a position in the morning and close in the second time not carrying on to next so all trades are closed in one first you buy in the morning then you sell in the evening but it will not be overnight there are two types of investors who are taking it there are institutional investors they have heavy positioning in the morning they look at the liquidity and close in the day then we have retailers or independent traders second strategy after the day trading is the position trading position trading there is some debate about position trading which is true in itself what is position trading in day trading we are buying in this we are buying it for a longer position for a longer period we keep that position some people say passive strategy but its right its passive strategy you buy and hold but if you are doing it more frequently and if your intentions are to do it more frequently then its more towards active strategy as well so active trading may be our first day trading then the second one is position trading so as it says some actually consider position to be a buy and hold strategy and not active but our intention our frequency is gauge whether it is active or passive and even also the holding period for which we are locking the transaction position trading uses long term charts anywhere from daily to monthly in combination with other methods to determine the current market direction so while looking at the markets we keep it for a day overnight in position for weeks and months so they can depend have a long position kept with them this type of trade may last for several days to several weeks and sometime longer even if you feel the market has to move in favor or your direction is coming your target rate is not coming so you even keep it for long trend traders look for successive high or low highs to determine the trend of our security what are our expected movements what are expected changes in currency, stocks we are determining the period of our position by jumping on riding the wave trend traders aim to benefit from both upward and downward movements basically followers also they take position in their long course so if the market is going up then they will enter into market and as soon as the fall starts they will immediately take the exit trend traders look for determine the direction of the market but they do not try to forecast any price level so these are basically fundamental rates they move with trends when they are moving they see if it is going down and as soon as the rise starts they buy so that they square their position so they are moving with the trends typically trend traders jump on the trend after it has established itself i.e. they themselves do not forecast the trend when the trend becomes a really that the dollar is increasing so i take position in the dollar when the euro is increasing i sell it so they come into established trends not making trends or forecasting trends this means that in periods of high market volatility trend trading is more difficult and its positions are generally reduced volatility has a lot of fluctuation so because they are following trends when fluctuation is going up and going down means there is no pattern so in that case the role of trend traders their volumes are reduced and they are not taking much position so these are two rest we will do in our coming session thank you