Wednesday, October 16, 2024
Wednesday, October 16, 2024

Kerala’s Trader Shamnad, Known as the ‘Mallu Scalper’, Sets a Record with 2100% Return in Just 6 Months

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Shamnad, a trader hailing from Kerala and popularly known as the ‘Mallu Scalper,’ has set an incredible benchmark in the trading community. He turned a modest capital of ₹3 lakhs into a whopping ₹65 lakhs in just six months, achieving an astounding 2100% return. This record-breaking feat has gained widespread attention in the financial and trading communities, especially among retail traders looking for real success stories. Shamnad shared his journey and trading strategies in a detailed video on his YouTube channel, Tradex Academy, which has quickly become a must-watch for aspiring traders.

From Construction to Trading: A Journey Born During the Pandemic

Shamnad’s journey into trading began during the COVID-19 pandemic in 2020 when many individuals were looking for new income streams due to uncertainties. Coming from a construction background, Shamnad had no prior experience in financial markets. Like many new traders, he faced a series of setbacks during his initial days, dealing with losses and a steep learning curve that nearly pushed him out of the trading world.

“The first few months were tough. I was losing more than I was making,” Shamnad recalls in his video, reflecting on how difficult it was to gain consistent profits in the beginning. He struggled with managing risk, navigating volatile markets, and keeping emotions in check. However, through perseverance, continuous learning, and a structured approach, Shamnad gradually turned his fortunes around.

A Scalper at Heart: The Power of EMAs and Pivot Points

Shamnad primarily focuses on scalping, a trading style that involves executing multiple small trades throughout the day to capture tiny price movements. His go-to tools for this are Exponential Moving Averages (EMAs) and Pivot Points, which he uses to identify key levels in the market and gauge the direction of price trends.

The EMA and Pivot Points Strategy

One of Shamnad’s primary strategies revolves around using 9-period and 21-period EMAs to follow the trend and confirm entry points. When the shorter EMA (9-period) crosses above the longer EMA (21-period), it signals a potential bullish move, and when the reverse happens, it signals a potential bearish move.

Alongside the EMAs, Shamnad uses Pivot Points to determine potential support and resistance levels. This combination of indicators helps him make quick decisions on whether to enter or exit trades based on price action around these levels.

“Trading is about probabilities,” Shamnad explains, emphasizing that no strategy is foolproof. He focuses on high-probability setups and uses these indicators to stack the odds in his favor. “If the EMAs are in my favor and the price is bouncing off a Pivot Point, that’s usually a green light for me,” he adds.

Risk Management: The Secret Sauce

What sets Shamnad apart from many traders is his disciplined approach to risk management. In his YouTube video, Shamnad stresses the importance of managing risk and protecting capital as key components of his trading strategy. He typically risks only 1% to 2% of his total capital on a single trade, allowing him to sustain smaller losses while remaining in the game for bigger wins.

Shamnad also follows the 2:1 risk-reward ratio on his trades. This means that for every ₹1,000 he risks, he aims to make ₹2,000. Over time, this approach has allowed him to recover losses and accumulate significant profits.

The Success: A Methodical Approach to 65 Lakhs

By sticking to his core principles of using EMAs, Pivot Points, and disciplined risk management, Shamnad slowly started to see success. His journey from ₹3 lakhs to ₹65 lakhs is not one of overnight riches but of steady, calculated trading over a six-month period. “Consistency is key,” Shamnad often says, referring to the importance of following a methodical approach rather than chasing large profits with high-risk trades.

His ability to stay disciplined during volatile market phases, especially using his scalping strategies, has earned him the respect of the trading community.

Sharing the Knowledge: Tradex Academy

Recognizing that many retail traders face similar struggles, Shamnad launched Tradex Academy, a YouTube channel where he shares his experiences, strategies, and trade breakdowns. The channel has grown rapidly, with viewers eager to learn how to replicate his success.

In the video detailing his 65-lakh profit, Shamnad walks viewers through his live trades, explaining how and why he entered and exited each position. He also covers the psychology of trading, stressing the importance of controlling emotions like fear and greed, which can derail even the best trading strategies.

What’s Next for the Mallu Scalper?

Shamnad has expressed his desire to continue helping other traders, especially newcomers, who often struggle in their first few months. “If I can do it, anyone can,” he says with humility, although his success clearly comes from a unique combination of strategy, discipline, and persistence.

Looking forward, Shamnad plans to expand Tradex Academy, offering more in-depth courses and tutorials on trading techniques like scalping, using EMAs and Pivot Points, and mastering risk management.

As Shamnad’s story continues to inspire, it serves as a reminder that with the right approach, trading can indeed be a profitable venture, even for those starting with little experience.

Shamnad’s journey from a construction professional to a trading sensation showcases the potential of disciplined trading and strategic use of technical indicators like EMAs and Pivot Points. With a 2100% return in just six months, his story is a beacon of hope for traders everywhere.

Youtube link-https://www.youtube.com/watch?v=Kjk25ZZ4JwQ

 

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Deepak Kumar
Deepak Kumarhttps://influencerspro.in/author/deepak/
Meet Deepak, a prolific blog writer with a distinctive flair for the art of press release creation. As a seasoned professional, Deepak has become a trailblazer in the realm of digital storytelling, leaving an indelible mark on multiple websites with his unparalleled expertise.

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