PR Sundar maths teacher who made money trading options

PR Sundar, maths teacher who made money trading options

PR Sundar, maths teacher who made money trading options, A math teacher who proved that you can make money by trading options in the stock market. He has lakhs of followers on YouTube and Twitter. Recently, his reaction on Twitter, which crossed the line, led to widespread criticism. Currently SEBI (Securities and Exchange Board of India) is also investigating his firm Mansam Consultancy Private Limited.

PR Sundar, maths teacher who made money trading options;  You should know this story

PR Sundar believes that not only the stock market, but also life is full of uncertainty. He says that saving habit is ‘overrated’ and spending habit is ‘underrated’. Perhaps PR Sundar ‘invests’ in luxury cars and a Rs 30 crore home because he firmly believes in this principle.

Humble beginnings

PR Sundar’s rise comes from an economically backward family in Chennai. Due to financial difficulties, he joined a hostel run by a charitable trust at an early age. PR Sundar talks about his childhood hardships on his YouTube channel.

At a young age, he used to drink chilled water from the fridge. PR Sundar’s first dream was to drink cold water. He says that when he got money for the first time in his life, he bought a fridge.

PR Sundar, maths teacher who made money trading options;  You should know this story

After completing his higher education in Chennai, PR Sundar started his career as a maths teacher in Gujarat. Life in Gujarat brought him closer to the stock market. PR Sundar learned more about stock market trading from his friends in Gujarat. He spent the period 1987-93 in Gujarat. Then got another teaching from Singapore. After 11 years in Singapore, PR Sundar returned to India in 2005.

Internet fame

PR Sundar has been trading in the stock market since 2007. In 2017, he opened an account on Twitter. Currently more than five lakh people follow PR Sundar on Twitter. Similarly, YouTube has a strong presence. PR Sundar’s analysis of contemporary trends in the market is much admired. Today, PR Sundar’s trading capital is more than 50 crore rupees. Out of this, he collected 20 crores last year alone.

Criticism

There is an allegation that rather than trading, PR Sundar is increasing his earnings by giving training videos to investors on the internet.

‘So what’s the problem? Everyone’s goal is to make money. Is there a government rule that money should not be made through training rather than trading?’, PR Sundar responded to the criticism in an interview given to a national media.

PR Sundar shares screenshots of only profitable trades. Allegations are raised against him that screenshots and other things are removed if the trades shared go wrong.

A life of luxury

PR Sundar is a man who lives a luxurious life. He owns a Mercedes-Benz S-Class and a Jaguar. PR Sundar spent Rs 30 crore on a four-storey sea-facing residence in Tamil Nadu. Recently, he shared his desire to buy a Rolls Royce and a luxury yacht.

PR Sundar, maths teacher who made money trading options;  You should know this story

Perspectives

‘If you trade in futures, you have no future. But if you trade in options, you will find many opportunities’, is the main message given by PR Sundar to the small investors.

He also warns not to take risks just out of excitement. Risks should be taken only after understanding the risk. PR Sundar predicts that Nifty will touch 20,500-21,000 level by December 2023.

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