The Rise and Resilience of Super Trader Lakshya
Story of Super Trader Lakshya aka Lakshya Singh
.Humble Beginnings in Madhya Pradesh
Born in 1990 in Satna, Madhya Pradesh, Lakshya Singh grew up
in a modest Hindu family. His father was a government employee, and his mother
was a housewife. Lakshya's elder brother served in the Indian Army, instilling
in him values of discipline and service. Lakshya aspired to follow in his
brother's footsteps and joined the University Entry Scheme, gaining admission
to the Indian Army through the University Entry Scheme in Prayagraj.
Simultaneously, he pursued a degree in Mechanical Engineering from MITS Gwalior.
However, due to family responsibilities, he chose to work at Larsen &
Toubro Limited (L&T) instead of joining the army.
The Spark of Trading
In 2008, Lakshya ventured into trading with a modest ₹5,000
investment. He experienced a small profit of ₹625 on his first day, which
fueled his enthusiasm. However, subsequent losses led him to pause and reassess
his approach. He invested ₹50,000–₹60,000 in stocks of companies like United,
Jaypee, and HDIL, but the market downturn affected his portfolio negatively.
Lakshya also invested ₹20,000 in Satyam shares at ₹180 each, but due to a
company scandal, the stock price plummeted to ₹6. He sold his holdings at ₹20,
incurring significant losses. Despite these setbacks, Lakshya remained
committed to learning and improving his trading skills.
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Debt and Determination
In 2012, Lakshya took a loan of ₹75,000 and used a credit
card to continue trading. Unfortunately, losses led to a ₹25,000 credit card
bill. To clear this, he secured another loan of ₹75,000, allocating ₹25,000 to
settle the credit card debt and ₹50,000 for further trading. Later, he took a
₹3 lakh loan to purchase a plot and another top-up loan to continue trading. By
2014, his debt had escalated to ₹9–₹10 lakh. In 2015, despite starting with
₹7–₹9 lakh capital, he reached ₹35 lakh but faced significant losses within 1.5
months. A job dispute led to his unemployment, and his monthly EMI soared to
₹70,000. Determined to turn things around, Lakshya took another loan to
continue trading, but this also ended in losses, increasing his EMI to ₹85,000.Entrepreneurship
and Recovery
By 2016, Lakshya's financial situation had deteriorated, prompting him to sell his bike and TV. He partnered with a friend to open a snack shop, selling items like samosas, parathas, and poha, even offering home delivery. However, the earnings were insufficient to resolve his financial issues. After 8–9 months, Lakshya secured a job at IBM, which slightly alleviated his circumstances. He began scalping with ₹5,000–₹10,000, gradually paying off his loans by booking small profits. By 2018, his debt had amassed to ₹45 lakh, but he managed to clear all debts through trading.
Rise to Success
In 2019, with a trading capital of ₹2–₹3 lakh, Lakshya
generated profits exceeding ₹6 crore. His success story is a testament to
perseverance and resilience. Lakshya's journey from financial turmoil to
prosperity has inspired many aspiring traders.
Lessons Learned
Lakshya's experiences offer valuable lessons for aspiring
traders:
- Start
Small: Begin with a modest investment to gain experience and mitigate
risks.
- Continuous
Learning: Educate yourself through books, courses, and mentorship.
- Emotional
Discipline: Maintain composure during market fluctuations to make
informed decisions.
- Risk
Management: Implement strategies to protect capital and manage
potential losses.
- Persistence:
Overcome setbacks with determination and a positive mindset.
Current Endeavors
As of 2025, Lakshya has transitioned into a full-time
trader, investor, and mentor. He shares his knowledge through various
platforms, including YouTube, where he has gained a substantial following.
Lakshya's content focuses on simplifying complex trading concepts, making them
accessible to a broader audience. He also offers online courses and mentorship
programs to guide aspiring traders on their journey.
Conclusion
Lakshya Singh's journey from financial hardship to success underscores the importance of resilience, continuous learning, and disciplined trading. His story serves as an inspiration to those facing challenges, demonstrating that with determination and the right approach, success is achievable.
