Traders at the trading floor of Motilal Oswal Financial services Ltd. (Photographer: Vivek Prakash/Bloomberg)

Traders Carnival: Successful Trading Strategies

What are the strategies that India’s best traders use to make maximum returns? What are their go-to tools? And when do they decide to step away from a trade?

Here’s what top traders, who participated in the Traders Carnival event in Mumbai, had to say:

Abhinand's Golden Rule

The derivatives trader at I-Serve has a golden rule: stay away from the markets when there are major news events. Here’s Abhinand explaining the tools he uses in the futures and options markets.

Also read: Traders Carnival: Sharad Jhunjhunwala Demystifies Gann Trading

Rasmeet Sethi Explains The ‘Holy Grail’ Of Trading

Trader Rasmeet Sethi relies primarily on short-term trades, which are in play for a maximum of 15 days. Here’s Sethi explaining how he identifies the stocks to bet on, and how he approaches risk management -- the ‘holy grail’ of trading.

Also read: Traders Carnival: How To Be A Top Trader, By JC Parets

Amol Panicker's Bet On Results

Full-time trader Amol Panicker closely monitors chart patterns of companies that declare quarterly results to identify possible opportunities. Here’s Panicker explaining how his bet on Godawari Power and Ispat Ltd. helped him earn 150 percent returns.

Sahil Bablani's Big Bet: PC Jeweller

Full-time equity trader Sahil Bablani explains how he profited from selling straddles and strangles of PC Jeweller Ltd., a stock that’s been volatile in the recent past.

Kiran’s Shorting Strategies

U.S.-based Kiran uses "Tasty Tradeway” strategy to trade options. The IT professional, who only recently started trading actively, explains how he profits from shorting liquid options of U.S. technology stocks include Facebook Inc. and Tesla Inc.