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| Name | Sold Newspaper Door to Door, Now this Trader has ₹1 Crore Portfolio | Big Bull Series Ep-57 |
| Video Uploader | Video From A Digital Blogger |
| Upload Date | This Video Uploaded At 30-12-2023 11:30:21 |
| Video Discription | The purpose of the Big Bull podcast is to educate the budding traders. Seasoned traders share their trading journey, strategies and their experiences which are helpful for new traders. Today in this Big Bull Series ep- 57 we are with Pradeep Kumar from Haryana, currently working in Gujarat. He started trading 10 years ago but has been trading actively since 2021 with a portfolio size of ₹1 Crore. He believes trading is similar to a business for him where he only uses 10% of the money, not more than that. He said business is not like a shop where a shopkeeper uses all his profit for himself instead of reinvesting in the shop to increase its business. In 2014 he first time entered into the Stock market at the age of 27. His friend told him about trading to cover their monthly and personal expenses. He started with 25K capital but in 6-7 months lost ₹22,000. He said he lost all this money due to lack of knowledge of the stock market. He buys or sells stocks without knowing anything about them. He just trades like gambling at that time. After that, he changed his broker and, as per the broker's advice, increased his capital to 1 lakh. The broker would then inform him when to buy and when to sell shares in the stock market, but 90% of the time, the broker caused losses for him. Pradeep Kumar believed that many traders like him were taken advantage of in the stock market, just as he was. Because new traders don’t have knowledge in the stock market, they invest money without understanding, leading to losses. Everyone said that it's always said to learn from others' mistakes, but they themselves made all the mistakes and learned from their own. At that time, there weren't any resources available to help them understand that there are also fake advisors out there. He discussed how even today they receive calls from advisors, and these people still deceive new traders into making losses. Their point was that if someone is promising to make a profit for you, they're not looking out for your benefit but rather their own gain. They say that for some people, the stock market feels like a habit, similar to smoking. If they don't trade for 10 days, they start wishing they had bought a particular stock. The stock market becomes like a habit that's hard to quit, but I studied and understood it, so I kept going. To know more about his psychology and trading journey watch this full stock market podcast. Follow us on Social Media Handles: Instagram - https://bit.ly/adb_insta Twitter- https://bit.ly/adb_twt LinkedIn- https://bit.ly/adb_linkdin 🎧 Listen to Our Podcast on Spotify: https://spoti.fi/3JnpmSQ 🎥Subscribe to our Aseem Juneja Channel: https://www.youtube.com/@aseemjuneja 🎥Subscribe to our Stock Market Learning Channel: https://www.youtube.com/@StockPathshalaOfficial 🎥Subscribe to our Vlog Channel ADB Vlog - https://bit.ly/adb_vlog ✅Visit Our Website https://www.adigitalblogger.com/ ✅Visit our Hindi Website https://hindi.adigitalblogger.com 00:00 Intro 00:32 Pradeep Kumar’s portfolio size 01:27 Difference between a shop and business 02:15 First time started Trading in 2014 13:38 Never try to recover loss 17:49 Lost more money when tried to recover losses 24:10 Took a course to learn trading properly 30:18 He is an option buyer as well as seller 42:00 Risk, reward and loss management 46:20 His trading Strategy |
| Category | News & Politics |
| Tags | Stock market podcast | stock market podcast in hindi | Big bull podcast | stock market education | stock market strategies | option trading | option trading strategies | option buying | option buying strategies | option selling | option selling strategies | trading psychology | trading psychology hindi | stock market strategy for beginners | option trading for beginners | option trading kaise kare | a digital blogger |
