Hefty gains gush in from Bank Nifty options
Ashwani Gujral has a penchant for revealing the gains that he has made at the end of each trading session.
For instance, on 26th June 2017, he raked in a massive MTM gain of Rs. 6,16,106 out of buying and selling 13,000 Bank Nifty Futures.
Learn to trade on both sides, cryin bout mkt coming down does not help!!! pic.twitter.com/ywMvCozd1h
— Ashwani gujral (@GujralAshwani) June 27, 2017
He bought the futures at Rs. 23,334.57 and sold them at Rs. 23,381.96. Just that small difference was sufficient to rake in the massive gains.
He also sent the message that we have to “learn to trade on both sides” and not cry about the market coming down.
On the very next day, Ashwani Gujral had a double dose of luck. He raked in Rs. 3.65 lakh and Rs. 5.66 lakh, again by trading in the Nifty Bank Futures.
— Ashwani gujral (@GujralAshwani) June 28, 2017
And it gets better!!! pic.twitter.com/TOIcZ59ulQ
— Ashwani gujral (@GujralAshwani) June 28, 2017
The good luck streak continued on the next day with another chunk of Rs. 4.90 lakh gushing into his pocket.
And again!!! pic.twitter.com/KZe6Rv2Oc1
— Ashwani gujral (@GujralAshwani) June 29, 2017
Novice traders are thrilled
Prima facie, Ashwani Gujral’s game plan in revealing top-secret information about his gains is to inspire young traders who are feeling inhibited about trading.
This is having the desired effect if one goes by the comments of his followers.
And tats all in a days work ?
— Ajay Sonvaniya (@ajaysonvaniya) June 27, 2017
U need to be emotionally handicap wen u trade. Always accept wrong call nd cut it off rather than making efforts to justify it as right one.
— Rahul Shukla (@rahul93shukla) June 27, 2017
ur the Legend of trading wing…..
— Rahul (@rahtrader787) June 28, 2017
Sir , you are god of small swings 🙂
— viren thakkar (@drviren28) June 27, 2017
Wow that's all my PF value.. never seen so much money on trading..
— Iyer..keep learning (@ThinkBigFeelBig) June 27, 2017
my god !!!!! you must be paying at least half a crore tax each year, great
— rajeshthadani (@rajeshthadani4) June 28, 2017
What about the losses?
Some astute traders observed that Ashwani Gujral posts data only about his gains and not about his losses.
So, they demanded an explanation about the losses.
I wonder why you don't show you losing trades. Your whole twitter extravaganzas make appear trading as easing for novices out there.
— Sumit Singh (@xumit) June 27, 2017
Sometimes you should put the screenies of your losses too Sir….that will keep people motivated ?
— Abhishek Mohata (@MAbhi12) June 28, 2017
Sirji Kabhi Loss Wale Trade Bhi Dikhaya Karo….Roz Profit Hi Thodi Hota Hoga..!!!
— Chirag Mehta ccmehta (@ccmehta56) June 28, 2017
Entire data of trading profit and loss reveals gain of Rs. 45 lakh in less than a month
Now, to answer the justified demand of his followers, Ashwani Gujral has revealed data of the trades that he placed in the period from 23rd June to 19th July.
For all those who think tv analysts dun make money, time to revise opinion? pic.twitter.com/lGdbXNEpyi
— Ashwani gujral (@GujralAshwani) July 20, 2017
A study of the data reveals that 18 trades were placed. Of these, three have resulted in a loss while fifteen have resulted in a gain.
All the figures are more or less within a range which indicates that a tight control on exposure is maintained.
Usually, traders have a profit booking/ stop loss mechanism which ensures that the gains are booked in timely intervals and losses are nipped in the bud.
Risk reward awesome. Return ratio nears 100%. Hit ratio great as well. Winner on all fronts. That's what every follower gets 2 realise here
— Rachana A Vaidya (@Dstreetwinners) July 20, 2017
Well done Ashwani. Good to see you settle the debate once nd fr all. Frankly I've always cnsidered u the best tech analyst in India.
— Sanjay Malhotra (@sanjaymalhot) July 20, 2017
Rs. 45 lakh gain in one month
The end result of the exercise is that Ashwani Gujral has taken home handsome gains of Rs. 45 lakh for the period of less than 30 days.
Mind blowing sir
Made the money of a long term investor of 10 years in 10 days
— stockguru07 (@stockguru07) July 20, 2017
Annual income of Rs. 3-5 crore from only trading?
If one extrapolates the monthly earning, it implies that Ashwani Gujral’s annual income may be in the range of Rs. 3-5 crore, which is massive by any standard.
Is there a method to do trading? Can we learn it?
Ashwani Gujral has explained the nuances of trading in his book “How To Make Money Trading Derivatives“. The book is said to be an “Insider’s Guide” to earn money through trading. The book is said to explain futures trading strategies like swing trading, day trading and positional trading and also deals with aspects of trading with discipline, trade and money management and the size of one’s trading positions.
He also touched upon his trading strategies in a talk given at the prestigious Manipal Instritute of Technology.
Some other popular books on trading include The Little Book of Trading: Trend Following Strategy for Big Winnings, Profitable Short Term Trading Strategies: How to Make Money Using Market-Proven Trading Strategies, How to Make Money in Day Trading etc. There is also one in Hindi called Intraday Trading Ki Pehchan.
Should novice investors make a foray into trading?
Taking a cue from Ashwani Gujral’s spectacular success, there is no reason why novice investors should not make a foray towards trading at least by taking baby steps. A little bit of punting here and there may be harmless provided we also pay heed to aspects like stop loss etc. Once we get a grip on the nuances of trading and master it, we can slowly and steadily increase our position. Who knows, the luck which has eluded us in investments may be waiting for us in trading!