Hello everyone! In this blog, I’ll take you through my trading journey, a path that led me from humble beginnings as a vegetable vendor and a waiter to finding success as a trader. Like many of you, I started with little knowledge and a lot of uncertainty, but with resilience and learning, I found a way forward. I hope my story inspires you, whether you’re just starting out or facing challenges in your journey.
The Early Struggles: Selling Vegetables and Working as a Waiter
My journey began in the simplest of ways: by selling vegetables and working as a waiter. Each morning, I would go to the ground for my NCC training, which taught me discipline and resilience early on. After training, while others went home to rest, I went from village to village, selling vegetables. It was tough work, earning just ₹200-300 a day, barely enough to support my family.
The Impact of NCC Training on My Life
NCC training was my first lesson in commitment and resilience. It taught me to push through difficult situations with a disciplined mind. Selling vegetables after college was physically exhausting but financially necessary. I never let the struggle weigh me down; instead, I tried to see it as a stepping stone toward something bigger.
Also Read: From English Illiteracy to Becoming an English Educator: The Inspiring Journey of Kamlesh Yadav
Working as a Waiter: Learning Perseverance and Hard Work
During wedding seasons, I took on additional work as a waiter, earning around ₹500-600 per day. This work was physically exhausting, but it helped me survive. I juggled both jobs and continued my studies, holding on to a hope for a better future.
Introduction to Trading: My First Investment and Initial Losses
One day, I stumbled upon a YouTube video about trading. It sounded like an opportunity to earn money, and I was drawn in. I opened my first Demat account, ready to make my fortune. But trading, as I quickly learned, was not as easy as it seemed.
First Losses: Losing ₹5000 in My First Trades
With very little understanding of trading fundamentals, I invested ₹1000 and immediately lost it. I tried again, hoping luck would favor me, but I only faced more losses, eventually losing around ₹5000. Each loss felt like a blow, but I refused to give up.
Determined to Learn: Gaining Knowledge Through YouTube and the Internet
Despite the losses, my interest in trading grew. I started educating myself through YouTube, using both of my SIM cards to watch videos and learn every free moment I had. It was challenging to learn without formal guidance, but I knew that knowledge would be my best investment.
Also Read: Vineet Khatri: A Journey of Passion, Perseverance, and Purpose
Developing a New Perspective: Crafting a Strategy and Celebrating Small Wins
Gradually, I shifted from blindly investing to following a structured approach. I focused on learning the basics of support, resistance, and price action.
First Profits: A Boost of Confidence
This new approach finally started paying off. I remember the day I saw my first profitable trade – it was a small gain, but it renewed my confidence. Small wins started adding up, and I realized that trading success was within reach, as long as I remained disciplined and strategic.
Embracing a Fresh Start: Finding Consistency in Trading
As I started to experience more consistent success, I invested in better tools. Upgrading my setup with new charting tools and technology enabled me to make informed decisions. I continued learning, experimenting with different strategies, and adapting to the market’s demands.
Learning and Teaching: Launching My YouTube Journey
Inspired by my own journey and growth, I decided to share my trading experiences and knowledge through YouTube. My channel was created to offer free trading insights for those who, like me, started with limited resources. I wanted to provide others with the guidance I wished I had when I started.
Key Trading Lessons Learned Along the Way
Reflecting on my journey, I realized several important lessons that shaped my approach to trading and life in general:
- Discipline and Patience Are Essential: The NCC training taught me discipline, which has been vital in trading. Impulsive decisions often lead to losses. Success in trading is as much about patience as it is about strategy.
- Education Is Key: In the beginning, I believed trading was about luck. Today, I know it’s about knowledge. Continuous learning has been my biggest asset.
- Small Wins Lead to Big Gains: Trading isn’t about making huge profits overnight. Small, consistent wins built my confidence and paved the way for bigger gains.
- Resilience in the Face of Losses: My initial losses could have discouraged me, but they taught me resilience. Losses are part of the journey; the key is learning from them and moving forward.
- The Importance of a Support System: My family’s support kept me going through tough times. Having people who believe in you can make a huge difference in how you handle challenges.
- Adaptability and Growth: Markets change constantly, and the ability to adapt has kept me afloat. This adaptability is something I aim to pass on through my YouTube channel.
Conclusion: The Secret to Success
My journey is proof that success in trading, and in life, comes from consistent hard work, learning, and adaptability. There is no magic formula or shortcut, just a commitment to growth and improvement. Trading is not a quick route to wealth; it’s a skill that requires discipline, patience, and a thirst for knowledge.
Also Read: A Journey from Challenges to Success: The Story of Anand Kumar Jaiswal
Your Support and Feedback
I hope my journey offers insights and encouragement for you on your own path. If my story resonates with you, or if you have questions, feel free to reach out. Let’s learn, grow, and succeed together in this journey called trading.
FAQs about Trader Pankaj Gupta
1. Who is Pankaj Gupta?
Pankaj Gupta is a self-taught trader who started his journey from humble beginnings, working as a vegetable vendor and waiter. He faced significant challenges and losses in his early days but persisted in educating himself and eventually became successful in the trading world. Pankaj now shares his knowledge on his YouTube channel to help other aspiring traders.
2. How did Pankaj Gupta start his trading career?
Pankaj was initially introduced to trading through YouTube videos. Despite facing multiple setbacks and losing money in his initial trades, he remained determined. Through dedicated self-study and discipline, he learned about trading fundamentals and gradually developed profitable trading strategies.
3. What challenges did Pankaj face in his trading journey?
Pankaj faced financial difficulties, with very limited initial capital and no formal training. He experienced early losses and had to balance multiple jobs. Despite these challenges, he continued to educate himself, learning from his mistakes and staying resilient.
4. How did Pankaj Gupta learn to trade?
Pankaj primarily learned trading through YouTube videos, online resources, and hands-on experience. His disciplined approach and continuous learning helped him transition from beginner-level understanding to mastering trading strategies, especially in price action and technical analysis.
5. What trading strategies does Pankaj use?
Pankaj focuses on price action, support and resistance levels, and disciplined entry/exit points. He avoids risky impulsive trades and instead follows a consistent, strategic approach to minimize losses and build sustainable profits.
6. Does Pankaj Gupta share his trading knowledge with others?
Yes, Pankaj has a YouTube channel where he shares his trading journey, strategies, and tips. He created this channel to help beginners who want to learn trading for free, offering insights and guidance that he gained from years of experience.
7. What advice does Pankaj have for beginner traders?
Pankaj’s advice for beginners includes:
- Start small and focus on learning rather than earning.
- Embrace discipline and patience as key traits for success.
- Avoid impulsive decisions and stick to a well-defined strategy.
- Remember that losses are part of the journey; learn from them and keep improving.
8. What were Pankaj Gupta’s first trading experiences like?
Pankaj’s initial trading experiences were challenging, as he lost about ₹5000 while trying to understand the market. These early losses taught him valuable lessons and motivated him to learn about the fundamentals and technical aspects of trading.
9. How does Pankaj handle losses in trading?
Pankaj views losses as learning opportunities. Rather than being discouraged, he reviews his trades, identifies mistakes, and adjusts his strategies to avoid similar mistakes in the future. He believes that every loss brings a lesson and a chance to grow.
10. What are Pankaj Gupta’s future goals in trading?
Pankaj aims to continue growing as a trader and sharing his knowledge with a larger audience. He wants to build a community of informed, disciplined traders who approach trading as a skill rather than a quick money-making scheme.
11. How can people follow Pankaj Gupta’s journey?
People can follow Pankaj’s journey and learn from his trading tips by subscribing to his YouTube channel, where he posts content about his strategies, insights, and trading experiences. This platform is also where he connects with his audience, answers questions, and shares valuable resources for free.
12. What makes Pankaj Gupta’s trading approach unique?
Pankaj’s approach stands out due to his background and dedication to self-learning. Coming from a non-financial background, he has worked hard to develop disciplined trading methods that are accessible to others without formal training. His focus on practical strategies and small, consistent wins makes his approach relatable for many beginners.
13. What are the most important lessons Pankaj has learned from his trading journey?
Pankaj emphasizes discipline, continuous learning, patience, and resilience. He learned to stay calm under pressure, accept losses as part of growth, and value the importance of small, consistent wins over high-risk trades.
14. Does Pankaj Gupta offer any paid courses or services?
Currently, Pankaj shares his trading knowledge for free on his YouTube channel, offering insights, strategies, and educational content for anyone interested in learning. He is committed to providing accessible resources for beginners and emphasizes free learning.
15. What motivates Pankaj Gupta to share his trading journey?
Pankaj believes in helping others who are just starting out, especially those with limited resources. He understands the challenges of self-learning and wants to provide the guidance he wished he had when he began his journey, making the learning process easier for others.
16. How does Pankaj manage risk in trading?
Pankaj manages risk by following a disciplined approach with well-defined entry and exit strategies. He avoids impulsive trades and sticks to a structured risk-reward ratio, focusing on minimizing losses and building steady, sustainable profits.
17. What does Pankaj believe is the most common mistake new traders make?
According to Pankaj, many new traders focus too much on making quick profits rather than learning the basics. Impulsive trading, lack of discipline, and over-leveraging are common mistakes that he advises beginners to avoid.
