Estimated Net Worth: Rs. 50 Crore
Biography
With a Ph.D. in finance, you would think such a person would trade the market every day. But that’s the market for you, where your education doesn’t mean much when it comes to making money.
Virendra Pandey, a trader and founder of CodeViser from Lucknow, spent 16 of his 22 years in the market as an investor. With his doctorate in finance, he found his niche in the market by selling options in Bank Nifty.
Pandey trades all kinds of timeframes, from day trading to holding positions for months. No matter what timeframe he’s trading in, his entry and exit logic stays the same.
His strategy works because he is making money in all timeframes.
Pandey had to take on big responsibilities early in life when his father passed away just as he started college. While working on his degree, he had to take breaks to support his family. Working with a CA, he saw the magic of the market and understood the power of holding investments.
Even when he became a full-time trader, his holding time was longer than most traders, which brought his investing mindset into the trading world, although now he catches the main part of the move instead of just sitting on investments.
Source: CodeViser
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