100% Rebate XM automatic Transfer to Your MyWallet Account everyday! , The Biggest XM Cashback Rebate in the World..!

Select you Language

EN - English ID - Bahasa Indonesia AR - العربيّة ZH - 简体中文 HI - हिंदी UR - اردو BN - বাংলা VI - Tiếng Việt TH - ไทย KO - 한국어z


English French German Spain Italian Dutch Russian Portuguese Japanese Korean Arabic Chinese Simplified

Rakesh Jhunjhunwala: Inspirational Long-Term Strategies

Rakesh Jhunjhunwala, a prominent stock trader from India, has become a role model for many investors and traders worldwide. With his consistent long-term approach and success in managing his investment portfolio, he has inspired numerous individuals with his wise principles.

Here's an overview of his journey and the trading strategies he shares:

Career Choice: Trader Over Accountant

After completing his education in accounting, Rakesh Jhunjhunwala chose not to pursue a career as an accountant. Instead, in 1985, he decided to dive directly into the stock market world as a full-time trader. His decision paid off quickly when he recorded significant profits in a short time, showcasing his innate talent in trading.

Inspiration and Trading Principles

Rakesh Jhunjhunwala has drawn inspiration from several renowned figures in the investment world, including Warren Buffett, George Soros, and Marc Faber. He adopted a long-term approach like Buffett and trend-following principles from Soros while applying Marc Faber's economic fundamental analysis. His belief in the principle of "buy right and hold tight" reflects his confidence in stock quality and patience in holding positions.

Response to Losses

Despite experiencing losses in his career journey, such as in 2012, Rakesh Jhunjhunwala quickly bounced back by resetting his investment portfolio. He sees losses as a natural part of the trading process and uses those experiences to learn and grow further.

Contributions to the Trading World

In addition to his trading success, Rakesh Jhunjhunwala has also made significant contributions to the investment world. By serving as chairman in several companies and holding director positions in major corporations, he has shared his knowledge and helped develop the investment industry in India.

Rakesh Jhunjhunwala's career journey and perspectives on long-term trading provide inspiration and valuable insights for traders and investors. By understanding his wise principles and applying them in their trading strategies, market participants can enhance their chances of long-term success.

Share:

Featured Post

Learning Scalping Systems for Beginner Forex Traders

Scalping is a trading strategy that focuses on making small profits over short periods of time by executing numerous trades each day. For be...




Download Platforms

(MetaTrader for PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android and Tablet)


Popular Posts