Now Reading: Investor grows portfolio from Rs 5 lakh to Rs 1.30 crore in 7 years
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Investor grows portfolio from Rs 5 lakh to Rs 1.30 crore in 7 years
Investor grows portfolio from Rs 5 lakh to Rs 1.30 crore in 7 years
An anonymous investor with the handle @AlphaWizarDD on X claims to have grown his portfolio from Rs 5 lakh to Rs 1.30 crore in seven years, Livemint reports. He began in 2018-19…
The Story in Brief
An anonymous investor with the handle @AlphaWizarDD on X claims to have grown his portfolio from Rs 5 lakh to Rs 1.30 crore in seven years, Livemint reports. He began in 2018-19 by copying stock tips and trading futures and options, but lost money initially. A YouTube video shifted his approach from buying to selling options, and a Rs 10 lakh loan from a friend failed, though he repaid it.
Success came through systematic backtesting on StockMock, using time-based short straddles with strict discipline. He posted 86% and 83% annual returns in 2020 and 2021, and won Zerodha's 60-day challenge 17 times in a row. He now targets a 50% compound annual growth rate through a combination of systematic trading and investing.
The Indian Opinion
Stories like this risk feeding the F&O frenzy. The investor himself admits failures, a loan repayment, and now muted returns. What gets less attention is the sheer discipline and capital required, and that most retail traders lose money. A simple test: would this strategy still work if SEBI tightens derivative norms?
Source: livemint.com
This story was synthesised by AI from the source linked above.
