Richest Swing Trader in India

If you are aren’t aware of swing traders who have minted huge money then you must have a read of this richest swing trader, Mr. Ashu Sehrawat.

At a tender age of 22, Ashu Sehrawat rose to become India’s leading stock trader, a self made millionaire and his favored trading is swing trades.

Four years ago, Mr. Ashu Sehrawat drew inspiration from his father who invested in blue chip stocks in a ‘buy and hold’ strategy.

Over this period, his passion grew many folds and so did his earning from stocks at the NSE/BSE.

Research in stocks was the foremost activity he conducted every day after reaching home from college.

He further opened his trading account and eventually got involved in the penny stock chat rooms to understand the crux of the stock trading.

The chat room was meant to discuss the ‘buying breakouts’ of stocks and gradually the conversations over the chat room symbolised his trading style.

While executing the strategy, odds favored him and on the call option, the stock trended in opposite directions and his trading account became a debt.

Ashu Sehrawat, understood that it wasn’t enough and progressed to join other blog chat rooms and observed traders like Derrick, Eric, and Phil.

He began to send queries on short selling strategies using private message columns and with the obtained justifications he realised that short selling stocks are good but the prices do not shoot up.

Soon, after drawing conclusions on the short selling techniques, Mr. Ashu Sehrawat initiated the first trade.

He had good closing on the shorted 2000 shares, and the stock pulled back 0.50 paise per share thus could make a profit of 1000 bugs.

Steadily, he began to focus on company’s that weren’t operating well yet continued to generate debt, and their upcoming news.

Ashu Sehrawat, a swing trader, attributes the success to two prime factors, patience, and right selection of stocks that catalyze to make maximum profits.