Beyond Securities Public Company Limited “BYD” joins hands with CIBA DPU-The Stock Exchange to develop stock traders through competition

Beyond Securities Public Company Limited “BYD” joins hands with CIBA DPU-The Stock Exchange to develop stock traders through competition.

“Stock Trading” is not easy, but it’s not too difficult and has many advantages. This is another profession that can generate income for those with knowledge in this field. It is an investment that has the potential to generate profits quickly. However, with tools, technology and systems for trading stocks has changed, stock traders, investors need to learn, understand and gain experience in learning new ways of stock trading.

“Collaborative project to establish and drive securities trading practice” organized by Dhurakij Pundit University or DPU by the College of Innovative Business and Accountancy (CIBA) in collaboration with the Stock Exchange of Thailand and Beyond Securities Public Company Limited or BYD in order to promote and develop students’ knowledge and skills in finance and investment through training programs and stock trading competition. Including supporting academic activities which leads to the development of the curriculum, increase students’ potential to learn from real-world financial and investment practices through cooperative education programs.

Asst. Prof. Siridech Kumsuprom, Dean of CIBA DPU College, shared that CIBA DPU has a project to cooperate with both the government agencies and private sector. The project is a collaboration between DPU and BYD under the support of awards from the Stock Exchange of Thailand. The objective is to encourage the new generation to learn stock trading, capital market and investment to increase the opportunities for students to gain practical experience.

“In the teaching system, stock trading is practiced in a simulation format, which may include modern stock trading tools or trading systems that students may not know about. However, when they participated in activities that CIBA collaborated with Beyond Securities Public Company Limited and the Stock Exchange of Thailand, in addition to training, the project also offered the students money to try trading stocks. And whoever has the highest profit will have cash in their account to be used further in trading” said Asst. Prof. Siridech.

From classroom learning to experience through projects that enables students to study capital markets, money markets and stock behavior, honing skills in analyzing price graphs and evaluating the timing for short-term trading. It is a learning that produces real experience, opening up opportunities to build a career and earn income while studying.

While in the part of university faculty, establishing partnerships with the private sector, government sector and external agencies will provide a chance for learning about modern tools and new stock trading systems. Because during the competition, there will be professors from finance and accounting courses who will be working with the company’s team to give advice, which they can later integrate these experiences into their classes. 

“Class studies focus on academic learning along with practice. But participating in various projects in collaboration with the private sector will give students working skills and the chance to work with others. Because even though there is training in an educational institution, it does not provide the skills from real working experience, especially now that technology is always changing. There is a lot to learn about trading, students will have access to technology and new innovations along with learning how to be a good financier and investor. In order for that, they must understand the software and various systems, which CIBA will cooperate with the private sector in creating other projects” said Asst. Prof. Siridech.

Prankitsada Petai, a third-year student in Business Administration, majoring in Finance, Investment and Financial Technology, College of Innovative Business and Accountancy (CIBA), the winner of this stock trading competition said that he was happy to win because this was the first competition and stock trading that he competed in his life. What made him win was probably due to his luck combined with education and training with Beyond Securities Public Company Limited that offers training in a new stock trading system for students to learn and practice.

“Normally, classroom learning already includes stock trading simulations, but to actually trade stocks, we have to read real stock graphs and study information about stocks throughout the 2 months that the competition took place. Also had the chance to try stock trading in many different ways. Until the end of the competition, I came across a way to trade that I had never tried before, so I tried it. And as a result, I earned a lot of profit and became the winner of this competition.”

Experiences come from learning and constantly searching for self-improvement. Prankitsada added that he prepared himself by studying stock trading lesson videos that Beyond Securities Public Company Limited provided, reading the overview of stock news and several analysis reports in order to be able put them to good use in the future. 

“Competition is very beneficial to people studying this profession, because sometimes studying in class may prevent you from seeing and experiencing the real world. Stock traders must have many areas of education and it is a profession that anyone can do, if they are well educated and attentive. If anyone is interested in this career, you are able to learn additional skills by ourselves and always follow the news in order to keep up with the changes in each stock.” said Prankitsada.

It is said that trading is the online trading for financial assets such as stocks, currency pairs (Forex) or gold. It is generally buying and selling in a very short period of time in order to profit from the price spread of an asset that is volatile and constantly changing.

“Stock Trading” is another profession that has gained the attention of the new generation. And everyone can become a professional stock trader, if you understand the principles of technical analysis, money management and financial products and are truly determined.