Traders Carnival 2022 is all about generating ideas to become financially independent: Dharmaraj Janakiram

moneycontrol.com:

The biggest gathering of some of the country’s most successful equity and crypto traders returns with its 16th edition.

Considered among its participants as the go-to event for traders, the six-day Espresso Traders Carnival will go live from March 6 till March 11 in Goa. While learning is the centerpiece of the event, traders gather from all parts of the country to also network, do live trading, understand principles of trading, and for peer-to-peer learnings.

This year’s carnival will also mark a hat-trick for cryptocurrency traders as it’s the third time that the asset class will also be part of the overall event.

Before the event gets rolling, Moneycontrol caught up with Dharmaraj Janakiram, popularly known as DJ, who alongwith his wife Rekha are the brains behind the annual traders' meet.

Edited excerpts:

What is your expectation of this carnival and what will the participants take away from this event?

At each carnival we talk of different trading ideas, with a common goal, to become financially independent. We don’t want to rely on tips from Indore or from anybody else, or any SMSs. The participants try and generate their own trades. So that is the idea of every Espresso Traders Carnival from the time we started in 2012. People like the value that we bring to the table.

The success of the event means more expectations. Are the expectations of traders higher every year and how do you manage that?

The answer is easier because I talk to every participant who comes to Espresso Traders Carnival before the event itself. I spend about 15 minutes talking to them trying to understand what their expectations are even though most of them are ‘serial repeat offenders’ – that's what I like to call them because they have continued to