18-Yr Old Options Trader manages Lot Size & Risk Reward to Increase Profits | Big Bull Series Ep-08
A city boy, Sanyam, 18 years of age, is a student and a trader as well. At age of 15, he first came to know about an app named Upstox on his brother's phone and learned that these types of applications help a person to trade online.
Then in 2020 when the whole country was fighting Covid he got curious about trading and behind his father's back he took his Aadhar and Pan Card and made a request for an account opening in the Upstox app. He had a bit of knowledge about trading and it was all from youtube.
After acquiring more knowledge he added 150 rs in rs in Upstox for the first time to know how this trading works. After that, he thought to play a 2000 rs gamble and bought reliance shares from that and booked his first profit of 150 rs.
Then he told his mother about his trading and his mother said do whatever you want to do. His biggest loss was 1500 rs at that time.
After getting a loss he thought of dropping the idea of trading but he invested the remaining money and within 15 days he recovered the loss. Then he came across a telegram channel.
In the first few days he booked a profit but then booked a loss for 2500 rs. He tried to gain more and more knowledge about trading all the time from youtube. Then after some time, he started equity trading. He increases or decreases his quantities with the profit and losses.
His Risk- reward ratio as a beginner was 1.5% but now it has increased to 2 - 3%. Then after days of trading, he gave himself a break but before that, he put some investment in the long term, and then he gained profit from that investment.
At the end of 2020, he asked for capital from his mother and his mother gave him 25000 rs of capital. With this much capital, he traded on equity, intraday, and book massive profits from the portfolio and he gained 40%+ in his capital.
After clearing the JEE mains test he tried to Clear JEE advance but he failed. Now he knew how to do option buying but now he wanted to know about option selling. to learn about Options selling he went to youtube and gained knowledge and traded there for a while. then he joined Upstox partnership program and made 50+ clients at that point and started to gain side income from that. he taught his client about trading also.
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Video covers the following topics:
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Chapters
00:00 Introduction
03:27 Where did You Heard About Trading?
14:13 What Was Your First Loss?
22:22 Profit And Losses Affected Your Quantity?
25:34 How Did You Control Yourself?
37:05 On What Bases You Trade?
40:04 You Never Got Bored?
47:17 Who Taught You About All This?
52:49 What Are You Into?
53:42 What Is Your Next Plan?
56:25 How You Know About IFL?
60:05 How Are You Learning?
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