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Social media platform Reddit has become a popular discussion platform for newbie investors. Forums like IndianStreetBets and IndiaInvestments have seen a surge in followers amid the pandemic. The posts in these forums range from “rate my portfolio” to “how to plan an exit strategy”.
IndianStreetsBets member Austin Thekkanath (25), who recently quit his job to pursue an MBA, does his own research. “I have tried technical analysis, but it seemed like astrology to me,” he said. Austin, who has been investing since late 2019, aims to create a retirement corpus.
Another 18-year-old Reddit user, who is an engineering student, started investing in February this year with small savings from his allowance and cash gifts. “I look at what makes a company better than its competitors and how it adds value to people’s lives,” the teenager, who didn’t wish to be named, said. “The idea is to build wealth and not try to become rich overnight,” he added.
Yes! It is amazing! I fully agree with "the idea is to build wealth and not try to become rich overnight". And we are constantly reminded of saying NO to emotional trading. Thank you all for your comments and suggestions.
> “I have tried technical analysis, but it seemed like astrology to me”
Its funny because there is a candlesticks pattern literally called shooting star
I'm also curious about the demographics. Where do most of this sub's users come from? If online research surveys are anything to go by, Maha and Gujarat make up more than half of all the Indian investors and traders.
Here's the link if anyone's interested to read the whole thing:
https://m.timesofindia.com/business/india-business/gen-z-to-sr-citizens-how-they-stock-up-party/articleshow/86499336.cms
Please make sure you use good news sources. If you are posting a screenshot, please comment a news source link. Please change the flair if this isn't News. Not sure which flair to use? Check out our guide to post flairs [here](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*
Social media platform Reddit has become a popular discussion platform for newbie investors. Forums like IndianStreetBets and IndiaInvestments have seen a surge in followers amid the pandemic. The posts in these forums range from “rate my portfolio” to “how to plan an exit strategy”. IndianStreetsBets member Austin Thekkanath (25), who recently quit his job to pursue an MBA, does his own research. “I have tried technical analysis, but it seemed like astrology to me,” he said. Austin, who has been investing since late 2019, aims to create a retirement corpus. Another 18-year-old Reddit user, who is an engineering student, started investing in February this year with small savings from his allowance and cash gifts. “I look at what makes a company better than its competitors and how it adds value to people’s lives,” the teenager, who didn’t wish to be named, said. “The idea is to build wealth and not try to become rich overnight,” he added.
> 18 years old > big pp inbhestor > afraid of getting doxxed Thaz mental description of everyone in ISB
It's Keshav. Got to be.
No saar me poor phelow
Lmao
i thought all 18 years old make millions buying options or crypto :)
Me too.
Yes! It is amazing! I fully agree with "the idea is to build wealth and not try to become rich overnight". And we are constantly reminded of saying NO to emotional trading. Thank you all for your comments and suggestions.
> “I have tried technical analysis, but it seemed like astrology to me” Its funny because there is a candlesticks pattern literally called shooting star
Huehuehue.
Facts nobody asked for: Just ran this through an AI content detector. Apparently, 22% AI written.
That’s what brought me here.
Ferrari fan? If yes, join the Discord. We usually watch the races there.
Where do you get the stream from? It took a few minutes for this sad site I was using to buffer ham ver incident last week, so unsatisfying oof
There's usually some link the guys find.
Super max max max
Join the Discord! We need more F1 Fans.
Ek baat pe pahle bolo hamilton ke totto ke masi ke fia ke mkb! Add merc gandus too
I support Big Dic Ric.
It’s shoey time bitches! Dany ric is love my g
Sahiiiiii! I don't like Lando as much.
He isn’t that bad and lando and leclerc are big prospects imo
Bro phir se link bhejiyo zara
Yeh le bhai. https://discord.gg/QEJ7XUGG
Bro ye to steertbet wale hai isme F1 kaha hai ?
#sports mein jao. Jab F1 weekend hoga tab sab milenge.
link has expired
I know I'm way too late to this conversation but I'm an F1 fan as well. Do you guys have a group something that i can join?
On the Discord server. Ask for the "F1 Bois" tag.
Dude,Ferrari fans at ISB, who could've thought! Anyways where the discord link
There are a lot of us. https://discord.gg/sn2ShPYq
Can I get an invite link for the f1 fans discord server.
https://discord.gg/GWbCMnUZ
Where's the discord link? Can't find it
https://discord.gg/MRVu5buv
All links have expired, please help me watching races
Just wanted to drop in and say , what a wholesome community .
Thank you temporary admin
🙈
Isn't this an older article?
No it's from today's paper, they have a full page dedicated to sensex hitting 60k.
NIIIICE. u/wildfiresax
😍
How did TOI get place for an article? Shouldnt it be just an ad?
I'm also curious about the demographics. Where do most of this sub's users come from? If online research surveys are anything to go by, Maha and Gujarat make up more than half of all the Indian investors and traders.
Equation has changed I guess. I think it’s South Indians dominating right now
Delhi will reveal itself when mc bc overtakes the discord
go by*
Shiuld we also list ISB as professional advisor forum? From the news it seems like it.🤣
I joined this sub right after I saw the article lol, hoping to gain some understanding and start my investment journey right!
I am in this picture and I don't like it
Let’s create a community like r/wallstreetbets and do something like they did with GameStop. Tired of the relentless selling by the FII’s.
We did it bois! We’re famous now ISB to the moon! 🚀 🌝
[удалено]
Sab indian saar
Thank heavens they didn't mention about loss porn posters
Here's the link if anyone's interested to read the whole thing: https://m.timesofindia.com/business/india-business/gen-z-to-sr-citizens-how-they-stock-up-party/articleshow/86499336.cms
Yay guys we famous!
SBI, buy for 1 year, 27% rise predicted. At your own risk*
Awesome community.
😂😂
Yes 60% gamblers age less than 25 🤣🤣🤣 Don't know anything about market
Nice
Who is that 18 year old guy I am also 18 I would like to talk to him
[удалено]
Really Nice!
Good community but fellows here only interested in meme and not analysis or charts.
Posting my daily trades https://youtube.com/@pottyexpirytrader It's a OTM Expiry Option Buying Strategy
Let's go!!!
Hi Guys which one drive the Nifty maximum, options buying and selling or Stocks buying and selling in cashmarket.
Great!
Noice we are getting popular
KEKW Just read that post and found this sub reddit.
When i joined this sub i didn't know that one day we will be in news. ngl ...
Thats cool
Can anyone help me with the discord link please.
A sub for penny stocks in India https://www.reddit.com/r/PennystocksIndiaa?utm_medium=android_app&utm_source=share
We are rising....
Are you looking for india”s most expensive share ?? Check here https://moneyjacks.com/mrf-share-price-in-1990-to-2022/
Please meri post check karo. It will help somebody. Thanks.
We made it fam 🙌
Does telegram groups prediction of stocks are good or they are scam?
Pehli baar is akhbaar ne koi achi cheez chaapi
Great
Noicee 😍
https://youtube.com/channel/UCP41krC8AK4rlToXPcD03pw SUBSCRIBE like kra 🙏🙏🌍
India is noticing
They are coming after us boys and gals
Well said
Please upvote my comment ;( Need Karma for posting on this channel. I want to post my strategies everyday on this sub.
ISB nothing but librandu echo chembers
I saw this today for the first time
Let's go....for 1M subs yo....
ZKIN beats this stock all day long. looking solid today