I listened to @Ronak_Unadkat Sir's recent interview with @iarjuntandon on Groww so you don't have to.

He went from 4Lakh to 4,00,00,000 Rs. (4 Crore)

Let's learn how he 100x his capital

Takeaways from the interview: 🧵

Collaborated with @niki_poojary

1/ How did he begin his journey?

Started stock market journey in 2012. Went into full-time in 2021.

Colleagues used to invest in mutual funds and that's how he started in the stock markets.

Started to make 8-10% return per year initially.

2/ Initial Profits

After that he attended a seminar due to his friend where he understood that there's a term called Futures and Options as well.

He had 4 lakh rupees, so he started with that amount.

3/ Lost 60% of his capital

In the next 5 days, his capital grew to 5 lakh rupees followed by another increase of 1 lakh profit in the next 5 days.

In the coming 10 days post his profits, his capital reduced to 2 lakh from 6 lakh.

4/ Instrument traded?

Which instrument was he trading during that initial period?

He was trading full quantities in futures and options buying during that time, without any hedging.