"From Adversity to Achievement: The Unyielding Path of Ghanshyam Yadav"
Ghanshyam Yadav:
Humble Beginnings
Someone with no money but strong will, someone who dreams of
a better home while living in meager means that’s Ghanshyam Yadav’s origin
story. He was born on September 30, 1986 (or sometimes listed 1987) in
the village of Deoria, Uttar Pradesh, about 50 km from Gorakhpur. Coming from a
lower-middle class family, his father was a farmer whose income was barely
enough for daily necessities. These early hardships taught Ghanshyam lessons in
grit, humility, and hunger for change.
Struggles in Mumbai: Dreams vs Reality
To alleviate his family's financial burdens, Ghanshyam moved
to Mumbai on July 23, 2006, already married (as per village custom). He
stayed with relatives. Merely three days later, a massive flood hit Mumbai,
wrecking homes and causing havoc. His dream city showed him a harsh first face.
Tired, frustrated, sometimes wanting to return home, he forced himself onward reminding
himself of the promises he made to his family. Though he failed repeatedly at
first, he resolved to try again each day.
Hard Work & Small Hustles
While pursuing his B.Tech in IT, Ghanshyam faced financial
constraints. He made friends who supported him in basic needs. To earn, he took
on odd jobs: putting up posters for ₹2 each, hanging banners for ₹5 each. He
pushed through shame and discomfort, telling himself: “I never sought money by
wrong means; so why feel ashamed of honest work?” Through these experiences, he
matured beyond his years.
We Rise By Lifting Others provides a "Biography / Journey of Ghanshyam Yadav - King of Bank Nifty Option Trading#trader#investor#banknifty#statup
First Glimpse of Trading
One day, he visited a friend’s home and saw the friend’s
father working on charts. Curious, Ghanshyam asked what he did. The answer:
“Trading.” Intrigued, he returned again, watched, asked questions. He slowly
learned that money could be made even from home—not just by conventional jobs.
He began studying trading basics. With ₹5,000 as his first capital, he lost it
all in two days. To survive, he took a part-time job as a watchman at a
construction site.
At the same time, he completed his degree, joined an IT job,
and continued trading on the side. In those early two years, he mostly incurred
losses, but they educated him. He identified strengths, weaknesses, and
eventually developed a strategy: splitting his salary between family needs and
trading. Over time, his trading gains reached about 50% of his salary. He
traded in the first hour of the market before heading to work.
Going All In The Pain & Pivot
As his confidence rose, Ghanshyam made a bold move: he quit
his job and committed to full-time trading. He told few, often trading from a
park in secret. But within three months, he lost his entire savings. It was one
of his darkest periods—no capital, mounting pressure, uncertainty. Desperate,
he sold his wife's jewelry (~₹2.20 lakhs) to stay afloat.
This was a turning point. He realized that his past method
was reckless: trading all day, overtrading, lacking discipline. He started
studying eight hours daily—price action, support / resistance, risk control. He
switched mindsets: focus more on losses and risk than chasing profits.
Restarted with ₹50,000 but this time cautiously, employing a proper trading
system. He found a niche in Bank Nifty options, building setups,
controlling emotions, applying risk management. In initial months, he earned
~₹2,000 net. Over time, with consistency and better tactics, profits began
rising.
Trading Wisdom & Rules
- Over
the years, he refined his setup, gaining days of high profits. He reports
his single-day best profits crossing ₹3 crores (per public claims).
- He
emphasizes having a secondary income so trading decisions aren’t forced.
- A
setup itself is not sufficient: mindset, discipline, controlling greed,
obeying stop losses — these are essential.
- When
a trade goes against you, exit instead of staying in denial.
- Never
use loans or leverage you can’t afford to lose. Psychological clarity
matters more than capital.
He also pushes back against the notion that “trading is
gambling.” He argues that gambling is acting out of ignorance. In trading, one
should learn, prepare, test, and control risk. Those who master mindset and
discipline can succeed.
Reflection & Public Footprint
Ghanshyam often reflects that each failure, flood, financial
crisis, or despair only shaped his tenacity. His YouTube channels remain
platforms where he openly shares P&L, setups, mistakes, and learning.
As for his current financial standing, many online sources
estimate his net worth at ₹120 crores (≈ USD ~14–15 million) and monthly
income near ₹19.8 lakhs from various sources including trading, courses,
YouTube monetization etc.
However, skepticism exists: some users online claim that his
public P&L statements may not reflect full-year performance. One Reddit
user claimed a ₹35 lakh loss in a fiscal year excluding brokerage.
His public narrative includes dramatic turnarounds such as
going from watchman to multi-crore days
