In this Face2Face video, we have our rocking host Mr. Vivek Bajaj, co-founder of StockEdge and Elearnmarkets, in conversation with Mr. Shreyas Bandi, a trader with a background in gaming. He will talk about his own strategies that he has been using for wealth creation and trading. Using proper risk management and other techniques, he has been able to create a large amount of capital in a short time.
Mr. Shreyas initially employed a mean reversion technique, selling gap-up stocks and purchasing gap-down ones. Initial success was achieved by combining skill and luck, but resources waned. Unaffected, he kept studying the market and spent much time learning to trade. He thoroughly explored futures and options after realizing the drawbacks of the cash market while looking for extra funding and improving his skill set. He persuaded his family to give ten lakhs, bringing his trade capital to thirty lakhs. He began trading full-time with increasing wealth, establishing strategies and building confidence. After deducting taxes and other commitments, his constant profitability resulted in large capital growth and an account balance of over 5 crores which demonstrates his determination in trading.
From trading to cash investments, he has dealt with several opportunities and strategies to come up with what he has today. The whole session will include his live demonstration and glimpses of his P&L, which will help our learners. He strongly emphasizes the value of transparency and information exchange among traders. He diligently records all of his trades and makes his trade book available to the public so that others can look through it and learn from his experiences. He further shares that he invests a percentage of his profits from trading in long-term investments in high-quality stocks. His strategy entails investing in high-calibre companies with capable management and room for expansion. He lets his portfolio naturally expand by keeping these investments without selling them, resulting in more income.
Watch this video to learn about Mr. Shreyas Bandi's remarkable journey from 30 lakhs to 5 crores, his unique combination of trading and gaming skills, and the lessons potential traders can learn from his success.
Your Speaker
Mr. Shreyas Bandi
Your Host
Vivek Bajaj