Rohan Mehta God - 212° The Complete Trader

Notion Press

Old No. 38, New No. 6

McNichols Road, Chetpet

Chennai - 600 031

First Published by Notion Press 2017

Copyright God & Rohan Mehta 2017

All Rights Reserved.

ISBN 978-1-946983-96-1

This book has been published with all reasonable efforts taken to make the material error-free after the consent of the author. No part of this book shall be used, reproduced in any manner whatsoever without written permission from the author, except in the case of brief quotations embodied in critical articles and reviews.

The Author of this book is solely responsible and liable for its content including but not limited to the views, representations, descriptions, statements, information, opinions and references [Content]. The Content of this book shall not constitute or be construed or deemed to reflect the opinion or expression of the Publisher or Editor. Neither the Publisher nor Editor endorse or approve the Content of this book or guarantee the reliability, accuracy or completeness of the Content published herein and do not make any representations or warranties of any kind, express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose. The Publisher and Editor shall not be liable whatsoever for any errors, omissions, whether such errors or omissions result from negligence, accident, or any other cause or claims for loss or damages of any kind, including without limitation, indirect or consequential loss or damage arising out of use, inability to use, or about the reliability, accuracy or sufficiency of the information contained in this book.

Contents

Mr. Rohan Mehta is a Professionally Independent Trader & Investor; he is neither a SEBI Registered Investment Advisor nor a Research Analyst. The book is solely based on the experience of his trading and investing Journey. Though every bit of this book is followed and tested by Rohan, the reader should still ensure due diligence, before taking an Investment or a Trade; they should rather contact their Financial Advisors or Mentors. In some topics discussed in the book, Rohans thought process might possibly be opposite to conventional theories of markets, but a reader must understand that everyone is different, and has his own niche in trading and investing. The Risk of loss in trading in Future Contracts, commodity, options, or equity investments can be substantial. Therefore, an investor should understand the risk involved in investing/trading and must assume responsibility for the risk associated with such investments/trades. One should carefully consider whether such trading is suitable for him in light of his circumstances and financial risk-taking ability.

I would like to acknowledge:

Almighty God, who is the Co-author of this book; the one who motivated me to write to the best of my knowledge and gave me this prime profession and wisdom of Investing and Trading.

M y Grand Parents my Grand Father who gave me an invaluable amount of 50,000 rupees to Invest in Stock Market, and the one who always believed in me when others failed to do so, and my grandmother who always told me to strongly believe in God and to take a calculated risk in life.

My P arents and My Sister who were always there with me in my good as well as bad times.

My Wife Namrata and Adorable Daughter Vani for Supporting and Motivating Me to Achieve All of My Strenuous Goals and for Their Sacrific e of Family Time That Was Allotted to This Book.

Mr. Partha Shah who motivated me to enter the Stock Market Profession.

Mr. Hitesh M ali for accompanying me in the journey of learning and understanding the markets and being my mentor figure throughout.

Mr. Tejas Sarvaiya who has been an amazing support, more than a friend, a Shifu who advised me to explore research as a career, and now as a Trading & Investing Partner.

Mr. Vishvesh Chauhan who suggested me to read Michael Covels Trend Following and the one who showcased me Trend Following Systems.

Mr. Bharat Sadrani who encouraged me to learn technical aspects and apply them in assessing markets. Special thanks to his Creation of Bazaar Indicator Software that has been a key tool in enhancing my skills as a Trader and Investor.

Mrs. Jigna Patel, Mrs. Vibhati Gandhi and Mr. Hardik Gandhi along with the Whole Turtle Team for being colleagues with an exceptional value and support system.

Mr. Chirag Shah and the Full Jainam Family who motivated me to keep reading as a hobby and taught me principles of life.

Ms. Ajita Parekh for helping me in publishing the book.

Mr. Joel Osteen My Spiritual Mentor, who made me believe in God!

I am grateful to great traders and investors Mr. Rakesh Jhunjhunwala, Mr. Utpal Sheth, M r. Radhakrishnan Damani, Mr. Atul Suri, Mr. Ed Seykota, Mr. Michael Covel, Mr. Paul Tudor Jones, late Mr. J essie Livermore, Mr. Warren Buffett, Mr . Charlie Munger, Mr. Carl Icahn and many more for being a recurrent inspiration.

Special Acknowledgement t o you for buying the book and supporting me in my purpose, which has now turned into our purpose.

Namaste!

I was Born in Bhavnagar, Gujarat, in a middle-class family where education stands as an essential requirement for getting a good job. However, throughout my academic life, I had always been an average student, till I discovered the passion for markets in fact, every Indian Gujarati Baniya inherently holds it in his blood. I started my professional career as an Investor more than a decade ago, taking a loan amounting to Rs 50,000 from my father, which rather my grandfather had forced him to lend. Eventually, I immersed all the lent money in trading like an amateur Trader. From that day onwards, the urge for returning the borrowed money and understanding the mode of making money from the stock market had commenced.

To be honest, during the childhood, no one aspires to be a Professional Trader or an Investor as all the successful traders or investors I have encountered, entered the market by chance and not by choice/plan.

The irony turned out to be A dumb fellow entered the arena and made the intelligent fellows work under him.

During the early phase of my career, I had tried my hands in all the possible avenues in the stock market, such as a technical trader, fundamental investor, news trader and speculator. However, I failed to outshine anywhere. Then, one fine day, while conversing with my friend Mr. Vishvesh, a Fund Manager in a leading brokerage house, I shared my concerns regarding my urge to explore the techniques for trading and he suggested me to read Trend Following by
Mr. Michael Covel and it changed my life forever.

While reading the book, I extracted numerous
interesting logics and techniques for being a trader/investor and a trend follower. Moreover, this book had lent me a curiosity to read more and more to gain knowledge and evolve. In todays date, I have read almost every book available on Amazon in the areas of trend following, traders psychology, discipline, money management, biographies and market wizards etc. Thus, this book is a blend of thoughts of all the great authors that inspired me to be a 212: The Complete Trader as well as my inferences drawn from real-time trading.

During those days, I was working as a Research Head at a stock broking company in Gujarat, India and I believed that trading through systems is very easy and I recommended trading to everyone, but no one could hold on to the profits and cut down the losses. Thereafter, I finally concluded that trading is not everyones cup of tea and those who are willing to be a trader must gain a deliberate understanding of trading and be a professional trader within. I mentored and trained more than 5,000 traders and in this process, I thought of writing a book to introduce my major deductions from the journey of me being a 212: The Complete Trader to the whole world.