Prescription to Success:
Snippets of an Interview conducted with Mr. Bharat Rao.
What exactly do you do as a Stock Market
trader? What does the work involve?
A stock market trader buys and sells stocks
to profit from market movements, using
research, analysis, and fast decision-making
to manage financial risk and execute trades
based on a specific strategy and a defined
time horizon.
Bharat Rao is a Certified Financial Planner (CFP) and MBA with over 20 years of
experience in financial services and investment advisory. Based in Bangalore, he is one of
only 1,800 CFPs in India and currently leads Wealth Space Services, where he serves as
a personal finance coach and mentor. Formerly an Associate Vice President at Kotak
Securities, Bharat specialises in a wide range of services, including wealth creation,
retirement planning, tax strategy, and children’s education planning. Driven by the
philosophy that your money should work for you even while you sleep, he focuses on
building long-term professional relationships rooted in transparency, trust, and
accountability.
What separates successful traders from
unsuccessful ones?
Successful traders separate themselves not
by intelligence or luck or qualification,
but by behaviour, process, and risk
management and experience.
How did you get started, and what
qualifications are required?
I began this journey purely out of passion
and interest. While this path doesn’t require
formal qualifications, it does demand strong
discipline and years of consistent practice.
Do you need a finance degree, or can you learn
independently?
You don’t need a finance degree to get into
trading or investing. Formal qualifications
are optional, but success requires strong
discipline, consistent practice, patience, and
solid money-management skills.
How risky is trading, and what challenges do
beginners usually face?
Trading is very risky, and beginners usually
struggle not because of a lack of knowledge
and information, but because of behaviour,
emotions, and poor risk management.
How stressful is the job on a daily basis?
Trading is highly stressful on a daily basis —
not because of the work hours, but because
of the constant uncertainty, fast decisions,
and emotional pressure involved.
How do traders earn money, and is the income
stable?
Traders earn money by capturing small price
movements in the market — but the income
is not stable, predictable, or guaranteed.
Fear, greed, and stress can reduce
consistency. A strategy that works today may
not work next month.
What does the work involve day-to-day?
A trader’s daily routine is structured and
disciplined. Key activities include:
Reviewing global market movements
Checking overnight news
Setting up watchlists and trade plans
based on technical inputs and news
Adjusting positions based on
volatility
Managing risk limits and exposure
Understanding the timeline of
holding and investments
What does a typical day look like for you
as a financial trader? When does your day
start? Are working hours fixed or market-
dependent?
Most full-time traders begin their day
well before markets open. This early start
is used for:
• Reviewing overnight global news
• Checking economic calendars
• Updating watchlists
• Preparing trade plans
Routine and discipline matter more than
clock-based hours; successful traders
follow the same structure daily to reduce
decision fatigue and maintain
consistency