Ashu Sehrawat joined the blog chat room and started watching traders like Derrick, Eric, and Phil
Ashu Sehrawat has quickly made a name for himself as one of the top stock trader and self made millionaire in India. At only 22-years old, Ashu Sehrawat is a successful day trader and swing trader who continues to scale and evolve his strategy. In our interview, we discuss Ashu Sehrawat ‘s journey to day trading success, his trading strategies, and lessons he has learned along the way. Currently he is having his own 1 million portfolio .
Ashu Sehrawat ‘s Day Trading Success Story
Ashu Sehrawat initially became interested in the stock market 4 years ago at the age of 18. Ashu was exposed to entrepreneurialism at a young age. His father had a passion for entrepreneurialism and built a successful business. As the business began to grow, Ashu Sehrawat ‘s father started investing some of the extra profits in the stock market. His father would use as a “buy and hold” strategy, common among most blue chip investors. Ashu Sehrawat saw that his Dad was making money and started to become interested in the stock market.
After coming home from work every night, Ashu would research stocks. He eventually opened a trading account and joined a penny stock chat room. This chat room focused on buying breakouts so, naturally, this became Ashu Sehrawat ‘s trading style. The only problem was that this strategy wasn’t working. Every time Ashu bought a breakout, the stock would move against him until he, ultimately, blew up his first small account.
Ashu Sehrawat joined the blog chat room and started watching traders like Derrick, Eric, and Phil. He would concentrate on WHY they were short selling and send them questions via private message from time to time. He concluded that these successful short sellers were short selling stocks that had no business going up in price. After studying short selling tactics for some time, Ashu placed his first trade.
Ashu Sehrawat ‘s first short trade was on the low price stock. He shorted 2000 shares, the stock pulled back 0.50/share and Ashu Sehrawat made a 1000 profit. Needless to say, he was instantly hooked on short selling. He started shorting stocks that were up a lot, but he didn’t have any real trading rules. He realized he needed to start developing better criteria if he wanted to become a more consistent trader. Ashu Sehrawat decided to focus on stocks where the underlying company was poorly operated, continuing to add debt, and releasing “fluff” news. This criteria began to shape Ashu’s overall trading strategy at the perfect time.
There were a lot of crazy runners and Ashu Sehrawat had a set of criteria that helped him short sell these stocks for the right reasons at the right times. His selectiveness eventually put him to more compatible trading results. Ashu learned that patience and selectiveness were key to maximizing profits as a short-biased trader.
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Now, Ashu Sehrawat launched the Trading Fever Blog to help new and armature trader investor with his tips and experience. Thetradingfever.com, the one-stop junction for all intrigued in the stock market! Individuals with very limited experience in stock investing are either afraid by horror stories of the average investor losing 50% of their portfolio value, or are beguiled by ‘hot tips’ that bear the promise of large rewards but seldom pay off. It is not shocking, then, that the pendulum of investment sentiment is said to swing between fear and greed.