Have you heard about the famous Indian Forex trader Shashikant Sharma lately? Do you want to know how this trader made a lot of money trading currencies in the unpredictable Forex market? And ultimately, what strategies did he use to achieve such tremendous success?
Whether you are a beginner just entering the dynamic world of foreign currency pair trading or already an experienced trader, learning from the best and most successful in your country is a huge advantage for everyone!
For a forex trader to be successful today, it is very important to find the ideal strategies to achieve your trading goal more effectively and safely. Those who know him know his mantra: “If you believe, you will achieve.”
Well, what are the strategies that Forex trader Shashikant Sharma used? Who is this famous trader? Let’s start with Shashikant Sharma’s Forex biography, shall we?
Shashikant Sharma Forex Trader Biography – Who is he?
Forex trader Shashikant Sharma is known around the world as one of the most trusted and profitable traders in India. He became the richest Forex trader in India at the age of 34, which is a great achievement!
Before embarking on his journey at the age of 22, he grew up in a middle-class family and dreamed of entering the financial market. When he discovered the Forex market, which he successfully mastered years later, he chose a path that many traders know.
While browsing the Internet that same day, Sharma came across an article about Forex. It immediately piqued his interest and prompted him to embark on a journey in the forex market that continues to this day, when he is more successful than ever.
What is Shashikant Sharma Forex Trader Net Worth?
According to our sources, Shashikant Sharma's net worth is approximately $8 million.
Interesting journey to success in Forex trading
His journey to success in Forex trading was very interesting because he learned from successful Forex traders in India and generally about technical analysis, account management, stock market, etc.
All these years of self-improvement and learning made him a successful trader and a professional wealth analyst.
What is your Forex trading strategy based on?
As mentioned above, Shashikant Sharma bases his famous and successful Forex strategy on believing that “If you can believe in something great, then you can achieve something great.”
That particular mindset sustained him through the significant losses he suffered in his early years. Even though he did not have the support of his family, he dedicated himself to learning and exploring various strategies.
Throughout his journey to Forex success, he remained true to his religious roots, following the teachings of Lord Rama.
Positive aspects of Sharma's success
Positive takeaways from Shashikant Sharma's success story include:
- Education is crucial.
- Consistent hard work and smart work are essential.
- Never give up; learn from your mistakes.
- Trading losses are part of the path to becoming a profitable Forex trader.
- Success requires determination, perseverance and sharp analytical skills.
The cautionary lessons of his story are:
- Forex trading can be a lonely activity.
- Friends and family may discourage traders from continuing.
How to achieve great success as a Forex trader in India?
If you feel inspired by Forex trader Shashikant Sharma, his success story over the years and how he achieved success, it stands to reason that you too would want a piece of that Forex pie, right?
It is also possible to become a successful trader not only in India but all over the world. But it takes effort, work, learning and trying various strategies, tools and techniques in the long term to achieve it.
Of course, nothing would be possible without choosing a legitimate Forex broker that you can trust. But let's look at the prerequisites for success in the volatile Forex market!
Steps required to join the elite of Forex traders in India
- Acquire knowledge: Learn in depth about the Forex market.
- Maintain discipline: Stay disciplined in your trading approach and stick to your plan.
- Exercise patience: Understand that success does not come overnight; be patient.
- Be adaptable: Stay flexible and ready to adjust your strategies as necessary.
- Manage risks: Implement effective risk management practices to protect your capital.
- Forge your path: Create a trading plan that aligns with your personality and unique goals.
- Operate your strategy: Use a trading strategy that suits your style and strengths.
- Avoid outside noise: Do not be influenced by the opinions or recommendations of others.
- Learn from failures: Treat mistakes as learning opportunities to improve your trading skills.
Bottom line
You have seen in practice what it is like to achieve success like Shashikant Sharma Forex Trader did and that at only 34 years old! He Certainly he became the best forex trader in India at that age!
So, regardless of your background, age or previous experience, with the development of technology and educational materials available online, only the sky can be your limit!
This is one of the many success stories you can find about Forex and it can inspire you to start and maintain a successful career in this field! We wish you all the luck in achieving it!
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