How did Ankit Mittal start his stock market journey?

Ankit started as a sub-broker and transitioned to arbitrage trading.

STOCK MARKET में ये काम कभी मत करना | Ankit Mittal | Share Market | option trading |Josh Talks Hindi

जोश Talks・2 minutes read

Stock market veteran Ankit Mittal shares his journey from sub-broker to successful investor, emphasizing the importance of research, evaluating one's portfolio, and staying committed to learning and analysis. He introduces the "100X formula" for achieving 100-fold returns and debunks the myth that stock prices alone determine success, highlighting the need for understanding a company's performance and valuation for profitable investments in the promising market.

Insights

Ankit Mittal's journey from a sub-broker to successful investor highlights the significance of perseverance, adaptability, and continuous learning in navigating the stock market landscape.
The "100X formula" introduced by Ankit emphasizes the importance of strategic investment approaches, diligent research, and long-term commitment, challenging the notion that stock market success is reserved for a privileged few while underlining the potential for substantial returns in the evolving economic landscape.

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Summary

00:00

Ankit Mittal: Journey to Stock Market Success

Ankit Mittal, a stock market veteran, shares his journey starting as a sub-broker and transitioning to arbitrage trading.
Despite initial struggles, Ankit delved into the unlisted market, identifying undervalued stocks and connecting with HNI investors.
An adverse turn in 2008 led to significant losses, prompting Ankit to shift focus to listed stocks in 2009.
Ankit's first investment in 2017 yielded modest returns, but a subsequent stock became a game-changer, growing his investment 50 times.
Ankit emphasizes that stock market success is not limited to a select few, citing examples of self-made investors like Rakesh Jhunjhunwala.
Ankit introduces the "100X formula," detailing passive, active, and proactive investment strategies with varying timelines for achieving 100-fold returns.
Stressing the importance of homework, Ankit advises thorough research on companies, financials, and market data before investing.
Ankit advocates for regularly evaluating one's portfolio, akin to "smelling" it to detect underperforming assets and set achievable financial goals.
Ankit debunks the myth that stock prices dictate success, emphasizing the importance of understanding a company's performance and valuation.
Ankit encourages investors to stay committed to the market, avoid impulsive decisions based on market fluctuations, and prioritize continuous learning and analysis.

15:45

Market Growth: 3 to 15 Trillion by 2037

The market has shown significant growth from 1947 to 2022, with the economy increasing from three trillion to an expected 10 to 15 trillion within the next 15 years, indicating a promising future for investments with anticipated double and triple returns.