P J Lal's Unique Approach to Trading:
A Blend of Experience and Innovation
PJ Lal's trading style stands apart from professional licensed traders due to his diverse background and unconventional approach. His journey combines journalism, international trade, and financial markets, resulting in a distinctive trading methodology.
20 years in daily journalism
7 years in news reporting, developing deadline-oriented skills
7 years in business journalism, honing historical perspective for market analysis
40 years in trading consumer and industrial goods across Asia
Developed "Sell First, Buy Later" model, emphasizing adaptability
Learned risk management through extending unsecured credit
40 years of experience, including private banking and self-directed online trading
24 years in electronic trading, starting with US stocks in 1997
Regular trading since January 2019, using Fund Seeder for analytics
Defines risk in advance, avoiding naked options selling
Utilizes exchange-provided leverage over broker or bank mortgage
Focuses on high-momentum instruments with mean reversion tendencies
Prefers products with high Daily Average Range
Adapts between price following and forecasting based on market conditions
Specializes in options trading, particularly spreads with defined risk-reward profiles
Experiments with margin maximization and hedging strategies
Combines futures, spreads, and options for comprehensive trading solutions
Recently shifted focus to algorithmic trading ("Plan like a human - Trade like a machine")
Unrestricted by SFC regulations or institutional guidelines
Freedom to develop and implement unique trading strategies
Ability to quickly adapt to market changes and personal insights
PJ Lal's approach to trading reflects a lifetime of diverse experiences, blending traditional business acumen with modern financial techniques. His independent status allows for continuous innovation and adaptation in trading strategies, setting him apart from conventional licensed traders.