This Techie Started Trading during his Engineering 1st Year | Pratyush Updhyay Big Bull Series

Stock Pathshala

You have seen many Big Bull stock market podcasts till date and many are yet to come. Stories of these big bulls taught you some valuable lessons for life and trading. There is one more young Big Bull with us. Pratyush Upadhyay is an options trader with experience of 6 years. He started trading at the age of 17 years in B.Tech first year. As he was not an adult as per Indian law he opened his first demat account on his friends ID and even agreed to share profits with him. His father was an investor so he had knowledge of the stock market already and had 5000 rupees which he invested and lost completely. Then he tried options buying in stock options and hit gold. A trade of rupees 2 thousand doubled in a single day. He hit gold in the very first option buying. He got hold of his college fee which was rupees 1 lakh 20 thousand and instead of paying fee he deployed in trading i.e. options buying. After some hits and misses he was able to make a profit of rupee 25 thousand. But all these trades were based on speculation not on knowledge or strategy or trade setup. At the end of first year he was sitting at a profit of rupees 1 lakh and with this capital he started options selling. When asked about his big mistakes he said the stocks he chose for investment turned into z category or bad stocks that were banned from trading. Whole conversation is interesting. So please watch this podcast and leave comments on your response.