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From NYU to trading Indian markets: Journey of a trader who likes to keep it simple

Market trader, Prathamesh Godbole, shares his trading strategies with Moneycontrol's Shishir Asthana.

June 23, 2018 / 12:46 PM IST

Shishir Asthana
Moneycontrol Research

Albert Einstein often said: If you can’t explain it simply, you don’t understand it well enough. An equivalent of this quote in the financial world is by the legendary fund manager Peter Lynch who said, "the simpler it is, the better I like it". His portfolio of stocks reflected this philosophy.

Our trader this week also follows this principle and manages to take out money consistently from the market with one of the simplest strategies we have come across so far.

A post-graduate from New York University (NYU) Prathamesh Godbole has all the resources to come out with a complex strategy. He has worked in a trading firm in the US, has a post-graduation degree that taught him quants, has headed an algo-trading desk in India, before taking the plunge into becoming a fulltime trader.