The conversation revolves around the stock market, and the guests, Vishal and Meghna Malkhan, discuss how it's a science and not a matter of luck. They emphasize the importance of understanding the charts, being process-driven, and following rules to minimize risks. The Malkhans also highlight the significance of having a clear mindset, being patient, and not being driven by emotions.
The key takeaways from the conversation are:
1. The stock market is a science, and understanding charts and processes can help minimize risks.
2. Being process-driven and rule-based can help make the stock market a profession and a business.
3. It's essential to have a clear mindset and not be driven by emotions.
4. Patience is key, and it's crucial to stay connected with people who are making money in the stock market.
5. Understanding one's relationship with money and why they want to trade or invest is vital.
The Malkhans also share their own experiences and successes in the stock market, including Vishal's achievement of coming fourth in a global trading championship. They also provide tips for those who want to trade or invest in the stock market, including not relying on tips or news calls, understanding stop losses, and staying connected with successful traders.
Here are the key facts extracted from the text:
1. The conversation is between Vivek Bindra and Vishal Malkhan, Meghna Malkhan, the founders of Malkaj View.
2. The topic of discussion is the stock market and how to make money through it.
3. Vishal Malkhan believes that the stock market is a science and not a matter of luck.
4. He emphasizes the importance of learning the charts and understanding the science behind the stock market.
5. Vishal Malkhan claims to have cracked the code of the stock market and has been successful in it for 15 years.
6. He has trained over 2 million people in stock trading and has a YouTube channel with 6 lakh subscribers.
7. He offers 1200 free videos on YouTube to help people learn about the stock market.
8. Meghna Malkhan emphasizes the importance of having a clear mindset and purpose when it comes to making money in the stock market.
9. She believes that people's relationship with money is important and that they should think about why they want to make money.
10. Vishal Malkhan won a trading championship in the US, where he started with a capital of one penny and ended up scoring 81%.
11. He emphasizes the importance of discipline and patience in the stock market, and advises people to stay connected with those who are successful in the market.
12. He believes that anyone can learn to trade and make money in the stock market, regardless of their background or education.
13. The conversation ends with an invitation to viewers to join a free event to learn about the stock market and generate a passive source of income.