Page 9 - MEX-Yearbook-2017

Message from Broker

Vijay Kumar Pandey
Chief Executive Officer
Devine Investment & Trade Pvt. Ltd.

5th March 2012: I still remember this day. It was my best friend’s birthday party. In the midst of the party, I saw one of my college friends watching numerous
graphs and charts. I went near him and enquired. To my amazement, there was no response. Moreover, he asked me to be silent and leave him alone. I was
astonished by his behavior. After a couple of hours, I saw him enjoying with a smile on his face. In hindsight, it was a drast ic change in his behavior. I could not
resist from asking him the reason behind that. After a brief conversation, I realized that he generated a profit of Rs. 15,000/- in a couple of hours through the
commodity market.
This incident drove my interest in the commodity market. Moreover, I decided to change my field from mechanical engineering to the commodity arena. Today, I
am associated with one of the successful award-winning broker houses, Devine Investment and Trade Pvt. Ltd. Furthermore, I have also completed half a decade
with the ruler of the commodity exchange in Nepal, MEX Nepal, which has also completed a decade in this market.
The journey from the engineering field to the financial world was not easy at all. After reviewing all the commodity exchanges, I finally was associated with MEX
Nepal. However, my journey of the commodity market started from ECX, where I first learned the ropes about the commodity market.
Cash is an important element in the current world. The actual circumstance is that in this market, everybody wants to be a ruler but the fact is, if you want to be a
ruler, you have to learn first. Another face of the society of commerce is that, since nobody wants to lose money after trading, the cash grows only if you trade in
a safe arena. So, here, we have the arena of Nepali commodity derivative market which has turned out to be one of the best platforms to trade and earn. Commodity
market takes great chance to level up the facility and provide amazing services. Today, we have also highly functional applications available for Android and
iPhones.
Among the factors making the commodity market less risky and advantageous is the facility to hedge the funds, facility to take buy or sell position at any price,
etc. These factors have imparted required confidence to trade in this market with minimal or no risk. Likewise, the facility to make cash transaction in a second,
through the apps on smartphones, makes it more convenient to trade and withdraw capital as per the requirement.
Being a broker, I personally feel that this field is for those who want to endure some extra experience and generate the income in life beyond the daily 10 to 5 job.
Pursuing a job is like selling yourself and your skills for a limited amount of income to fulfill others’ dream. But, building your own dream and trying to fulfill is
a more pleasing aspect.
Last but not the least, as a market practitioner and fund advisor, I would like to suggest all the traders who want to trade in this industry of commodity and
derivative market, to self-educate themselves before entering it. Hence, before trading any commodities, one needs to be familiar with their broker and advisor
who guide them to grow their funds every day by safeguarding their capital.
Finally, after a long wait, the incumbent government had regulated this market and with this, the market has witnessed new rays of hope. Thus, I would like to
congratulate all the market participants and wish them a successful future in the ensuing days.

MEX NEPAL YEAR BOOK 2017 | 8