proof #004gold / XAUUSD (+ NIFTY, BANK NIFTY, BTC, ETH)11 october 2026

Gautam Jha (Stock Learners) said:

“This 50% accuracy is at 1:10 risk-reward.”

▶ Hear the claim 14:33 ↗

his video “Best Trading Strategy For Beginners – Scalping Strategy” (1.83M views), 7 Jun 2026 · 14:33 (Hinglish, translated). He wrote “1:10” on screen.

the investigation

His “two-line” strategy, from his most-watched video (1.83M views). He told viewers to backtest it for two days. We tested every minute of gold from 2015 to September 2026, his rules written down before the test, with the spread from his own screen. Then we checked his 15 public lives, trade by trade.

What happened when we tested it? ↓
01 / your expectation

What would you expect?

If the rules do what he says, how many trades should win?

02 / what actually happened

The claim met the data.

“Accuracy at 1:10”, read generously: the trade moved ten times its risk in his favour before the stop was hit (same day), checked on every minute. 5,041 trades; 19.7% closed with any profit at all. Costs: the 0.28 spread on his own screen plus slippage.

won at all19.7%any profit, 5,041 trades
years in profit0 / 12after costs, 2015–2026
with zero costs9.1%reached 1:10 · +0.07R a trade
03 / the work behind the number

Six steps.
Nothing hidden.

These are the actual files that produced the test. Open a step to see the implementation.

01Start with the actual prices.Dukascopy 1-minute gold BID and ASK, Jan 2015–Sep 2026 (CFD prices, like his broker’s). NIFTY and BANK NIFTY 1-minute spot; Binance BTC and ETH.+
code/gautam_backtest.py · L110–125
def load_market(sym: str, rules: dict, source: str = "", spread_mode: str = "his_screen",
start: str | None = None, end: str | None = None, day_mode: str = "ny") -> Market:
S = rules["session"]
if sym == "XAUUSD":
if source == "histdata":
df = fx_data.load_histdata_m1(sym)
if start or end:
df = df.loc[start:end]
sp = np.zeros(len(df))
else:
df = fx_data.load_m1(sym, start, end)
sp = (df["ac"] - df["bc"]).clip(lower=0).to_numpy()
source = "dukascopy"
if spread_mode == "his_screen":
sp = np.full(len(df), rules["costs"]["XAUUSD"]["spread_his_screen"])
elif spread_mode == "zero":
Browse the full file ↓Raw source ↗
02Draw his two lines.The previous day’s high and low on the broker’s daily candle (the New York 17:00 day, like TradingView on his screen).+
code/gautam_backtest.py · L211–226
def day_levels(m: Market) -> tuple[np.ndarray, np.ndarray, np.ndarray, np.ndarray]:
"""Per minute: previous day's high/low (signal side), the day's index and the previous day's range."""
s0, s1 = _day_bounds(m.day)
dh = np.maximum.reduceat(m.h, s0)
dl = np.minimum.reduceat(m.l, s0)
pdh = np.full(len(m), np.nan)
pdl = np.full(len(m), np.nan)
for q in range(1, len(s0)):
if m.day[s0[q]] - m.day[s0[q - 1]] > 4: # previous trading day too far away (data gap): no lines
continue
pdh[s0[q]:s1[q]] = dh[q - 1]
pdl[s0[q]:s1[q]] = dl[q - 1]
return pdh, pdl, s0, s1
def sl_cap(m: Market, v: dict, rules: dict, s0: np.ndarray, s1: np.ndarray) -> np.ndarray:
Browse the full file ↓Raw source ↗
03Turn his words into fixed rules.Written down with his quotes and timestamps before the first run. Where his words allow two readings, both become versions.+
code/gautam_backtest.py · L298–313
def simulate(o, h, l, c, sp, day, entry_ok, day_last, pdh, pdl, cap, day_start_prev,
phi, php, pli, plp, kpiv,
fresh_mode, body_min, next_only, max_trades, max_full_sl, sides,
tg_mode, fixed_R, tg1_frac, one_r_frac, runner, fallback_R,
slip, optimistic, need_beyond_line, sl_min):
"""Walk all minutes once. Returns trade rows as a 2-D float array:
[setup_i, entry_i, exit_i, dir, entry_px, stop, risk, tg1, tg2, R_gross, reason, full_sl, mfe_R, fallback]
reason: 0 stop (full), 1 target(s)/runner done, 2 breakeven after partial, 3 time exit."""
n = len(o)
out = np.empty((max(16, n // 50), 14))
nt = 0
i = 1
cur_day = -1
up_cross = False; dn_cross = False
ext_hi = -1e18; ext_lo = 1e18
pend_s = -1; pend_l = -1 # pending setup candle index (short / long)
Browse the full file ↓Raw source ↗
04Make the costs count.The spread on his own screen plus slippage for gold; statutory option charges for NIFTY; Delta Exchange fees for crypto. Zero-cost runs are reported too.+
code/gautam_backtest.py · L541–556
def cost_points(rules: dict, m: Market, date: str, price: float, zero: bool, mult: float = 1.0) -> float:
"""Extra round-trip cost per unit in price points that is NOT already in the fills (gold: commission;
NSE: statutory option charges + slippage in spot points; crypto: fees + slippage)."""
if zero:
return 0.0
if m.kind == "gold":
return rules["costs"]["XAUUSD"]["commission_round_trip"] if m.source == "dukascopy_real_spread" else 0.0
if m.kind == "crypto":
K = rules["costs"]["crypto"]
return price * 2 * (K["taker_fee"] * (1 + K["gst"]) + K["slippage_pct_per_side"] * mult)
C = rules["costs"]["nse"]
gst = C["gst"]
prem = C["atm_premium_pct_of_spot"][m.symbol] * price
pct = (_sched(C["stt_option_sell"], date) + 2 * _sched(C["nse_txn_option"], date) * (1 + gst)
+ C["stamp_buy"] + 2 * C["sebi_fee"] * (1 + gst))
slip = 2 * C["slippage_premium_pts_per_side"][m.symbol] * mult
Browse the full file ↓Raw source ↗
05Test every reading. Keep the losses.Every version, every year, every stop size, and the months after he recorded the video. A second data source; trades checked by hand.+
code/gautam_backtest.py · L673–688
def summarize(tr: pd.DataFrame, weeks: float, money: dict) -> dict:
n = len(tr)
if n == 0:
return {"trades": 0}
tr = tr.sort_values("entry_t")
R = tr["R"].to_numpy()
wins = R > 0
cum = np.cumsum(R)
dd_r = float(np.max(np.maximum.accumulate(np.concatenate([[0], cum]))[1:] - cum))
cap, risk = money["start"], money["fixed_risk"]
bal = cap + risk * cum
blown = np.flatnonzero(bal <= 0)
ruin_i = int(blown[0]) if len(blown) else None
if ruin_i is not None:
bal = bal.copy()
bal[ruin_i:] = 0.0
Browse the full file ↓Raw source ↗
06Test his premise directly.“Once yesterday’s line is taken, the market reverses”: what comes first, the reversal or the same move further?+
code/gautam_backtest.py · L910–925
def cmd_premise(a, rules: dict) -> None:
"""P1 'the line is liquidity: after it is taken, price reverses': after the first trade through the previous
day's high (low), does price come back to the previous day's MIDPOINT before it extends by the same distance
beyond the line (same day)? Random walk ~ coin flip in distance terms; reported with the reverse question
('extends first'). P2 his '50% of trades give 1:10': share of every entry the exact rules take whose favourable
move reaches 10x the risk before the stop (in the trades files: mfe_R)."""
out = {}
for sym in a.symbols.split(","):
mode = "his_screen" if sym == "XAUUSD" else "none"
m = load_market(sym, rules, spread_mode=mode)
pdh, pdl, s0, s1 = day_levels(m)
rows = []
for a0, b0 in zip(s0, s1):
if np.isnan(pdh[a0]):
continue
H, L = pdh[a0], pdl[a0]
Browse the full file ↓Raw source ↗
The rules, costs and assumptions in plain words

His rules, from “Best Trading Strategy For Beginners – Scalping Strategy” (7 Jun 2026, 1.83M views): mark yesterday’s high and low on the daily chart; switch to 1-minute; no trade while price is between the lines; once a line is crossed, the next candle that breaks a fresh red (or green) candle beyond it is the entry, stop beyond that candle; 80% out at the last swing, 20% left for bigger targets; at most 3 trades a day, none after 2 full stop-losses; skip stops over 70 pips. Every rule with his words and the second he says it: METHOD.md.

His claim, read generously: “accuracy at 1:10” = the trade’s best move reached 10× its stop distance before the stop was hit, the same day. Exact rules: 4.4% (95% interval 3.9–5.0%) of 5,041 trades. Taking his 1:10 literally (whole position to a 10R target): 7.8% won.

Costs: the 0.28 spread shown on his own screen plus $0.05 slippage on stop fills, no commission: generous to him. The median stop is 9.6 pips, so a 3.8-pip round trip is 39.6% of a typical stop. With zero costs: 9.1% reached 1:10, +0.07R a trade.

Every year 2015–2026 lost money after costs. After he recorded the video (22 May – 30 Sep 2026, data he could not have seen): 169 trades, 4.1% reached 1:10, -0.18R a trade.

His three demo days in the video (19–21 May 2026): the exact rules made +12.6R. Only 0.26% of the 3,031 three-day stretches since 2015 were as good or better; 18.7% made any profit at all.

His premise, “once yesterday’s line is taken, the market reverses”, measured directly: after the first trade beyond the line, price went the same distance further before returning to the previous day’s midpoint more often than not (gold 52.7% vs 47.3%; NIFTY, BANK NIFTY, BTC and ETH the same way).

The disputed rule (Trading With Sidhant’s reading vs a commenter’s) does not change the answer: 4.4% and 5.0% reached 1:10. A second data source (HistData) gives the same result; five random trades were recomputed by hand to the cent.

Same rules on other markets (he says use them only after your own backtest): every one lost after costs. His 2023 swing setup (“80–90% accuracy”): 45.7% reached +3% before the stop; 0 of 11 years at 80%.

Full method and limitations ↗
04 / follow the result

A curve tells
the whole story.

One version at a time. Select another reading to see what changes. Every losing version stays in the table.

strategy / 17 readings

His two-line strategy · gold

Every coded reading on gold, 1-minute, Jan 2015–Sep 2026: his exact rules, his “1:10” taken literally, all conditions, the disputed readings, fixed targets and more.

cumulative result / units of risk

EXACT: fresh candle beyond the line, next-candle break, SL its extreme, 80% at last swing + 20% runner, <=3 trades / 2 full SL, SL <= 70 pips (price-scaled)

-2399R
EXACT: fresh candle beyond the line, next-candle break, SL its extreme, 80% at last swing + 20% runner, <=3 trades / 2 full SL, SL <= 70 pips (price-scaled) · cumulative RServer-prepared series from the trade CSV. R means units of risk; this is not a compounded balance. Bucket extrema and endpoints are retained.0R-800R-1599R-2399R2015-01-052026-09-29

5,041 trades · 19.7% net-positive · -0.476R per trade · PF 0.447

reached 1:10 before the stop
4.4%
win-rate reference: claim 50% at 1:10 / data 19.7%

Curve = cumulative R, not dollars or a compounded account. Prepared from the downloadable CSV, with bucket extrema retained. Win-rate reference uses a separate percentage scale.

17 versions. Select one to change the chart.
Every version of His two-line strategy · gold. Sort by any column and select a version to update its chart.
Receipt
2,40624.4%-0.4070.495CSV ↓
5,58719.3%-0.4670.462CSV ↓
5,37630.8%-0.4690.369CSV ↓
5,33129.5%-0.4650.388CSV ↓
4,88815.3%-0.460.493CSV ↓
5,04119.8%-0.4790.443CSV ↓
one year at a time

When did it work?

Yearly totals in R. Green above zero; red below. The last year is partial (data ends 2026-09-29). The raw JSON keeps every year’s win rate and trade count.

View exact yearly numbers
201516.6% wins373 trades-210.1R
201620.7% wins406 trades-171.9R
201716.3% wins424 trades-286.8R
201816.7% wins431 trades-279.8R
201915.9% wins410 trades-276.1R
202019.3% wins424 trades-214.0R
202119.4% wins444 trades-207.5R
202219.4% wins438 trades-200.7R
202324.1% wins468 trades-192.8R
202422.6% wins439 trades-161.7R
202521.5% wins466 trades-136.1R
202624.5% wins318 trades-61.4R
How the wins and losses were distributed

Exact counts from this CSV. Longest consecutive stop-loss run: 31. A day-end loss is not counted as a stop.

strategy / 10 readings

Same rules · NIFTY and BANK NIFTY

He says it works there after your own backtest. 1-minute spot, Jan 2015–May 2026, statutory option charges; plus Bank Nifty with his own 2022 stop range.

cumulative result / units of risk

NIFTY · EXACT (non-gold): as exact, SL cap = 7% of the 20-day median daily range

-2009.6R
NIFTY · EXACT (non-gold): as exact, SL cap = 7% of the 20-day median daily range · cumulative RServer-prepared series from the trade CSV. R means units of risk; this is not a compounded balance. Bucket extrema and endpoints are retained.0R-670R-1340R-2010R2015-01-122026-05-14

4,091 trades · 20.7% net-positive · -0.491R per trade · PF 0.598

reached 1:10 before the stop
9.1%

Curve = cumulative R, not dollars or a compounded account. Prepared from the downloadable CSV, with bucket extrema retained. Win-rate reference uses a separate percentage scale.

10 versions. Select one to change the chart.
Every version of Same rules · NIFTY and BANK NIFTY. Sort by any column and select a version to update its chart.
Receipt
2,40626.4%-0.1460.832CSV ↓
2,40528.5%-0.0590.93CSV ↓
3,83422.1%-0.2720.741CSV ↓
4,40250%-0.3490.483CSV ↓
3,90625.4%-0.3350.667CSV ↓
3,56911%-0.2810.766CSV ↓
one year at a time

When did it work?

Yearly totals in R. Green above zero; red below. The last year is partial (data ends 2026-05-14). The raw JSON keeps every year’s win rate and trade count.

View exact yearly numbers
201519.6% wins362 trades-248.3R
201624.9% wins361 trades-178.9R
201722.1% wins344 trades-218.5R
201823.8% wins390 trades-193.7R
201918% wins372 trades-257.3R
202019% wins363 trades-186.9R
202120.9% wins368 trades-145.0R
202221.5% wins354 trades-60.0R
202318.8% wins384 trades-246.9R
202425.2% wins318 trades-18.0R
202517.1% wins351 trades-165.6R
202613.7% wins124 trades-90.4R
How the wins and losses were distributed

Exact counts from this CSV. Longest consecutive stop-loss run: 46. A day-end loss is not counted as a stop.

strategy / 8 readings

Same rules · Bitcoin and Ethereum

Binance 1-minute prices standing in for the Delta Exchange perpetuals he trades, Jan 2020–Sep 2026, Delta’s taker fee + GST.

cumulative result / units of risk

BTC · EXACT (non-gold): as exact, SL cap = 7% of the 20-day median daily range

-34739.8R
BTC · EXACT (non-gold): as exact, SL cap = 7% of the 20-day median daily range · cumulative RServer-prepared series from the trade CSV. R means units of risk; this is not a compounded balance. Bucket extrema and endpoints are retained.2R-11578R-23159R-34740R2020-01-022026-09-30

3,249 trades · 25% net-positive · -10.692R per trade · PF 0.05

reached 1:10 before the stop
10.2%

Curve = cumulative R, not dollars or a compounded account. Prepared from the downloadable CSV, with bucket extrema retained. Win-rate reference uses a separate percentage scale.

8 versions. Select one to change the chart.
Every version of Same rules · Bitcoin and Ethereum. Sort by any column and select a version to update its chart.
Receipt
3,24925%-10.6920.05CSV ↓
3,56826.3%-10.3020.008CSV ↓
3,24825.9%-11.0720.042CSV ↓
2,95813.3%-11.5280.077CSV ↓
3,21826.4%-0.7460.457CSV ↓
3,55437.3%-0.8640.147CSV ↓
one year at a time

When did it work?

Yearly totals in R. Green above zero; red below. The last year is partial (data ends 2026-09-30). The raw JSON keeps every year’s win rate and trade count.

View exact yearly numbers
202025.8% wins360 trades-368.8R
202127.7% wins581 trades-339.3R
202225.8% wins457 trades-352.9R
202324.9% wins301 trades-386.3R
202426% wins546 trades-560.9R
202520.3% wins576 trades-32128.6R
202624.5% wins428 trades-603.0R
How the wins and losses were distributed

Exact counts from this CSV. Longest consecutive stop-loss run: 20. A day-end loss is not counted as a stop.

strategy / 1 readings

His 2023 swing setup

“80–90% accuracy” (24 Mar 2023). Daily candles of today’s Nifty 100 stocks, Feb 2015–Aug 2025 (survivorship bias in his favour). Several definitions are ours; see METHOD.md.

cumulative result / units of risk

NSE stocks · SWING EXACT: pivot k=3, wick break, first green close (no big candle) within 5, stop low - 1%, 50% at +3%, rest at previous high

-140.8R
NSE stocks · SWING EXACT: pivot k=3, wick break, first green close (no big candle) within 5, stop low - 1%, 50% at +3%, rest at previous high · cumulative RServer-prepared series from the trade CSV. R means units of risk; this is not a compounded balance. Bucket extrema and endpoints are retained.1R-146R-294R-441R2015-02-202025-08-05

6,966 trades · 44% net-positive · -0.02R per trade · PF 0.963

win-rate reference: claim 80–90% / data 44%

Curve = cumulative R, not dollars or a compounded account. Prepared from the downloadable CSV, with bucket extrema retained. Win-rate reference uses a separate percentage scale.

1 versions. Select one to change the chart.
Every version of His 2023 swing setup. Sort by any column and select a version to update its chart.
Receipt
6,96644%-0.020.963CSV ↓
one year at a time

When did it work?

Yearly totals in R. Green above zero; red below. The last year is partial (data ends 2025-08-05). The raw JSON keeps every year’s win rate and trade count.

View exact yearly numbers
201533% wins567 trades-161.2R
201643.3% wins624 trades-44.2R
201755.8% wins536 trades111.9R
201836.6% wins718 trades-149.2R
201940.5% wins671 trades-71.9R
202046.4% wins642 trades72.9R
202147% wins679 trades53.5R
202240.7% wins685 trades-56.8R
202353.8% wins574 trades106.1R
202443.6% wins761 trades-30.2R
202546.8% wins509 trades28.3R
How the wins and losses were distributed

Exact counts from this CSV. Longest consecutive stop-loss run: 24. A day-end loss is not counted as a stop.

a closer look / 01

Claim: 50% at 1:10. His exact rules:

Gold, 1-minute, Jan 2015–Sep 2026, his exact two-line rules, 5,041 trades. 95% interval for 4.4%: 3.9–5.0%.

a closer look / 02

Year by year: nowhere near 50%.

Share of trades that reached 1:10 before the stop, by year. After costs, 12 of 12 years lost money.

a closer look / 03

Same rules, other markets.

After costs every one lost: NIFTY -0.49R, BANK NIFTY -0.27R, BTC -10.69R, ETH -0.75R a trade (NIFTY/BANK NIFTY 2015–May 2026 with option charges; BTC/ETH 2020–Sep 2026 with Delta Exchange fees, which take most of a tiny stop).

a closer look / 04

Tiny stops, big costs.

What the spread and slippage cost, as a share of the stop, by stop size (gold, exact rules). Average result after costs: -0.91R, -0.53R, -0.28R, -0.18R. Before costs the whole set averaged +0.07R.

a closer look / 05

“Liquidity taken, then the reversal”?

Gold, 2,726 days on which yesterday’s line was taken: after the first trade beyond it, which came first the same day? A coin toss would be 50/50. NIFTY, BANK NIFTY, BTC and ETH: the same way.

a closer look / 06

His 2023 swing setup: “80–90%”.

Nifty 100 stocks, daily, Feb 2015–Aug 2025, 6,966 trades; 0 of 11 years at 80%. Today’s index members, so survivorship bias works in his favour.

05 / hear it for yourself

His words.
The exact second.

Short source excerpts, not our paraphrase. Hinglish quotations are translated; timestamps let you hear the original. Re-uploads are labelled.

“This 50% accuracy is at 1:10 risk-reward.”

his video “Best Trading Strategy For Beginners – Scalping Strategy” (1.83M views), 7 Jun 2026 · 14:33 (Hinglish, translated). He wrote “1:10” on screen.

Watch on YouTube ↗ 14:33

YouTube loads only after you press play. A source may disable embedding or become unavailable; the original timestamp link remains available.

a closer look / his 15 public lives

“Re-verify it on my live.” We checked all 15.

He said: “Go and re-verify that chart on my live — whether I said it before it happened. Then pass judgement.” his video, 9 Nov 2025 · 20:27 ↗

15public lives
11 · 14his own trades: win · loss
1 · 5calls to viewers: win · loss
3 / 32reached 1:10 before the stop

Every trade he took on his own account or gave viewers on his 15 public livestreams, 14 Sep – 8 Oct 2026: his whole public live archive on 10 Oct 2026. A trade is a loss only when he said so or Dukascopy gold prices show the stop hit before any exit he described; anything ambiguous is unclear, benefit of the doubt to him. 1:10 = price reached entry + 10 × risk before the stop, plan as drawn. Levels he called “learning” or “not a trade” are left out. His own trades: 11 wins, 14 losses, 1 break-even, 5 unclear. Calls to viewers: 1 win, 5 losses, 2 break-even, 1 unclear. 1:10: 3 yes, 29 no, 8 unknown.

40 rows checked, with the result and the source stream
DayResultWhat he did · how we decidedSource
14 Sep 2026his own · longWINLong on his Elefin “Real” account (2.5 lots); partials, then a runner.His chart tool’s target was hit with the stop untouched (Dukascopy ticks), and the drawn plan went on to 10× its risk. Account +$2,492.17:15 ↗
14 Sep 2026his own · longWINAdded 5 lots to the long (pyramiding).Closed in profit on his screen (+$2,270). No stop defined, so no R and no 1:10 check.26:41 ↗
15 Sep 2026to viewers · shortLOSSShort shown to viewers as a position tool (he says he didn’t take it himself).Stop hit; he said ‘apna SL hit maara’ (our stop-loss got hit).2:48 ↗
15 Sep 2026his own · shortWINShort on Exness: one lot closed ‘by mistake’ at +$548, the other stopped at −$273.60.Net +$274 on his broker screen, so a win.15:25 ↗
15 Sep 2026his own · direction not shownunclearA small trade he mentions but does not show.No levels or result visible: unclear.1:00:10 ↗
15 Sep 2026his own · longLOSSLong on Elefin.He said ‘maar diya SL, jaane do’ (stop hit, let it go); balance −$1,239.1:07:20 ↗
16 Sep 2026to viewers · longbreakevenLong given to viewers (his broker wasn’t logged in, he says).He told viewers to close at cost (‘CTC’): break-even. As drawn, the stop was hit.22:48 ↗
16 Sep 2026his own · shortunclearSmall short “to cover the cost of a stop-loss”.Ran about 1.4R, then the drawn stop was hit; he didn’t say how he exited: unclear.1:36:19 ↗
16 Sep 2026his own · longbreakevenLong; stop trailed to entry.He said he didn’t lose (‘apna loss bhi nahi hua’); stopped at entry: break-even.1:47:00 ↗
16 Sep 2026his own · longWINLong, 3 lots (‘10 pips ke stop loss se 150 pips’).Target hit before the stop (ticks); reached 1:10. Account +$1,874.2:03:45 ↗
17 Sep 2026his own · longLOSSLong, also offered to viewers.He said the stop was hit (‘SL bahut logon ka hit hua’: many people’s stop got hit).22:31 ↗
17 Sep 2026his own · shortLOSSShort called to viewers, then taken himself.Stop hit; he said ‘us trade mein tera bhai loss kiya’ (I lost on that trade).51:51 ↗
17 Sep 2026his own · shortLOSSShort he told viewers not to copy.He said ‘abhi just maine yahan pe SL khaya’ (I just took a stop-loss here).1:00:12 ↗
17 Sep 2026his own · shortWINShort with a 0.43 stop.Booked about +3.5 points (‘1900 dikh raha tha, 1000 book kiya’). Reached 1:10 only because the stop was tiny.1:07:25 ↗
18 Sep 2026to viewers · shortLOSSShort given to viewers.Stop hit within seconds; he said ‘aapka bhi SL hit kar diya hoga’ (yours probably hit the stop too).19:20 ↗
18 Sep 2026his own · shortLOSSShort; it ran about +$1,030 with no partial taken.Then the stop was hit (ticks).21:00 ↗
18 Sep 2026his own · shortLOSSShort with no stop set.He called it a ‘micro level loss’ (‘$350 loss in short’); his account shows a small loss.30:10 ↗
18 Sep 2026to viewers · longLOSSLong given to viewers.Stop hit by about 2 pips; he admitted it on stream.38:02 ↗
18 Sep 2026his own · longWINLong with no stop; not given to viewers as a trade.Closed in profit (‘$1600 apni jeb mein’: $1,600 in my pocket).48:38 ↗
21 Sep 2026his own · longLOSSLong; told viewers to exit at cost (‘CTC, no SL’).His balance fell $366; later he said ‘trade ka to SL hit ho gaya’ (the trade’s stop was hit).37:08 ↗
21 Sep 2026his own · longWINLong with partial profits, a runner left for 1:10.+$1,741.50 realised on his screen. Whether the drawn plan reached 1:10 depends on the broker feed: unknown.1:38:27 ↗
23 Sep 2026his own · longunclearLong, closed.Result not stated or shown: unclear.13:46 ↗
23 Sep 2026his own · longWINLong with staggered partial exits.Target hit (bid and ask); he said ‘1:4 / 3.6 ka risk reward dekha’. 1:10 was not reached that day.18:28 ↗
24 Sep 2026his own · longLOSSLong, also given to viewers.He called it a ‘micro SL’; the stop was hit (ticks).48:45 ↗
24 Sep 2026his own · longLOSSLong, 5 lots, still open at −$170 when the stream ended.The drawn stop was hit (ticks) before any exit he described, so a loss by our rule; his final money result is unknown.54:29 ↗
25 Sep 2026to viewers · longWINLong given to viewers: first and second targets hit (‘1:5.6’).A win as managed with his partials. As drawn, the rest later fell back through the stop; not mentioned on stream.20:16 ↗
28 Sep 2026his own · longLOSSA ‘trial’ long, exited.The drawn stop was touched the same second; his balance fell $385: loss.1:01:43 ↗
28 Sep 2026his own · longLOSSThe group’s long, taken live on his account.He said ‘$1000 ka loss hua’ and ‘group ka trade to abhi fail ho gaya’ (the group trade just failed).1:05:13 ↗
28 Sep 2026to viewers · longbreakevenLong given to viewers.‘CTC’ for those who exited (benefit of the doubt: break-even); as drawn, the stop was hit.1:09:10 ↗
28 Sep 2026his own · longLOSSLong, several lots.He said about $800 loss; lot size and exit not shown.1:10:12 ↗
28 Sep 2026to viewers · longLOSSLong given to viewers.Stop hit; he said ‘aapka 1.6 ya jo bhi loss ho gaya’ (your 1.6 or whatever, lost).1:25:56 ↗
28 Sep 2026his own · longunclearLong near the end of the stream.The stream ended before any result: unclear.1:35:11 ↗
30 Sep 2026his own · longWIN7-lot long: a $1,299 partial, the rest closed at cost.+$1,283 on his screen. As drawn, the target was never reached and the stop was hit later in the stream (not mentioned).18:52 ↗
30 Sep 2026to viewers · longunclearA hedged re-entry call (‘analysis bata diya’).A partial was just reachable before the stop; not stated: unclear.38:09 ↗
2 Oct 2026his own · longWIN3-lot long with partials (‘140 pips pe 1:8.7 risk reward’).Drawn target hit, stop never touched; +$2,129 realised plus a locked runner. The drawn plan did not reach 1:10.14:09 ↗
5 Oct 2026his own · longLOSSLong.Stop hit; he said ‘abhi ek trade maine SL khaya hai’ (I just took a stop-loss on a trade).20:28 ↗
5 Oct 2026his own · longunclearA 1-lot position opened to show Elefin’s spreads.Close not shown: unclear.34:07 ↗
8 Oct 2026to viewers · longLOSSLong given to viewers.Stop hit (ticks); he said ‘technically aapka stop loss hua tha’ (technically your stop-loss was hit).12:01 ↗
8 Oct 2026his own · longLOSSLong on Exness.Cut at a loss: ‘$414 ka SL tha’; the amount is on his broker screen.18:08 ↗
8 Oct 2026his own · longWIN4-lot long with no stop, entered while the camera was off.+$6,970.40 on his Exness screen. He said: ‘it wasn’t a trade, it was my personal trade, I didn’t tell you’.39:24 ↗

His accuracy claims on the same streams: 14 Sep, “dono mere Telegram ka accuracy more than 50% hai with 1:10” (both my Telegrams: more than 50% at 1:10; 1:12:33); 17 Sep, “the group’s accuracy is more than 60–70%, with 1:10” (37:19); 25 Sep, “mine is 30–40%” (1:01:14).

Group trades he talked about are not in the table: we don’t join paid groups. Across the 15 streams he mentioned group results 120 times: 69 wins, 23 losses, 7 mixed, 21 unclear. Five group trades had levels on screen and could be price-checked: 1 reached 1:10, 4 did not.

His own account (fair note): balances and fills on his Elefin / Exness screens add up to about +$18.6k over the 12 streams where a result was shown, the biggest single result +$6,970 on 8 Oct. Deposits, withdrawals and off-stream trades are not visible.

Every row with entry, stop, target, his words, the price check and our notes: his_public_record/calls.csv in the download. Times from the TradingView clock on his screen (IST).

a closer look / his public channel

85 result posts. None reports a stop-loss.

His official channel, t.me/stocklearners, linked as “Official Channels” under his streams. Telegram can’t be read from our network, so we used the Internet Archive’s copies: 644 posts from 1 Jan to 16 May 2026 (93% of the post numbers in that range), plus 5 from August.

644archived posts
85report a result
82report a win
3a run, then a reversal
0report a stop-loss

62 of the 85 measure the result as “touch”, “running” or “still going on”: the furthest point price reached while the trade was still open, not a booked exit. Quoted risk-rewards: median 1:27; 48 of 51 at 1:10 or more; the highest 1:327 (#2159, 8 Feb 2026).

Where stop-losses come up, it is in general terms, e.g. #2293 (10 Mar 2026): “Patience for Getting Right Entery / SL are the Part of Process 🙂 / Mentor is Always Right”.

Fair: the moves themselves are real. 15 Apr, “780 PIP DONE”: gold fell 4869.9 → 4785.9 that morning; 12 May, “1 THOUSAND PIP DONE”: 4772.7 → 4669.3 (Dukascopy). We found no sign that a posted move did not happen. Whether a level was posted before its move can’t be checked: the level charts survive only as 320-pixel thumbnails. 49 posts carry Telegram’s “edited” mark; we see the edited text.

On his streams he is more open: of 120 group results he mentioned, 23 were losses. One example, 28 Sep: a premium-group trade later posted as “330 PIPS DONE” had its posted stop (4117.109) hit at 15:47:12 UTC, 24 seconds after the fill and before the rally, in Dukascopy prices at every feed offset we tried; a later screenshot shows a wider stop box.

Archived page source of t.me/stocklearners/2159: og:description XAUUSD..FALL 11000 PIP..FULL SHARP FALL PRIDICT..RR 1:327+ TOUCH..STILL GOING ON. (opens the full screenshot)
Internet Archive copy of post #2159, page source (the text Telegram serves to link previews). Unmarked copy ↗
Internet Archive capture of the Telegram post t.me/stocklearners/2159: Stock Learners, 35.9K views, Feb 8. (opens the full screenshot)
The same post as archived on 13 Apr 2026 (Telegram shows “Please open Telegram to view this post”).
The 85 result posts of t.me/stocklearners, Internet Archive copies, 1 Jan – 16 May 2026
PostDate (IST)Text as archivedMeasured as
#2050 ↗16 Jan 2026XAUUSD - 30M LEVEL ( ENTRY 5M, 15M ) 5M CHART RUNNING 500+ PIP“touch” / running (still open) · edited
#2051 ↗16 Jan 2026USDCAD..MORNING TRADE LEARNING..TP 1..4 DONE..RR 1:50 TOUCH STILL GOING ON (forwarded from “GOT ULTIMATE PREMIUM”)“touch” / running (still open)
#2057 ↗19 Jan 2026XAUUSD..15 JAN TRED..CHART ONLY FOR LEARNING..PIP 1470 DONE..RR 1:23 TOUCH..STILL GOING ON“touch” / running (still open)
#2062 ↗20 Jan 2026XAUUSD..FULL REVERSAL..ALL TIME HIGH TRADE..1890 PIP RUNNING..RR 1:40+ TOUCH“touch” / running (still open) · edited
#2075 ↗23 Jan 2026XAUUSD..SEND ONLY LEARNING PURPOSE / FULLY REVERSE..TRADE ATH 4300 PIP RUNNING..RR 1:60+ TOUCH..IN 30M TF“touch” / running (still open) · edited
#2079 ↗23 Jan 2026BTCUSD..15 JAN LEVEL..TRADE TRIGGER 16 JAN..1350 POINT CHLA..THEN SIDEWAYS & FALL..CHART SEND 30Mother wording · run, then reversal
#2084 ↗25 Jan 2026BTCUSD..23 JAN LEVEL..3200 POINT DONE..RR 1:18 RUNNING..STILL GOING ON.. CHART IN 30M TF“touch” / running (still open)
#2085 ↗25 Jan 2026BTCUSD..IN 15M TF 3100 POINT RUNNING“touch” / running (still open)
His channel, t.me/stocklearners ↗#2159 on the Internet Archive ↗The 28 Sep stream · 40:54 ↗
a closer look / the live archive

122 lives linked. None public today.

In November 2025 he told viewers to check his lives, and promised a Google Drive link if one was ever deleted. On 10 Oct 2026 we checked every YouTube live linked in the archived posts of his Telegram channel (1 Jan – 18 Aug 2026).

“Go and watch the live. And if I ever delete the live, I’ll put its Google Drive link in the video’s description.”

his video, 9 Nov 2025 · 7:46 (Hinglish, translated) ↗
122lives linked
94“Private video”
28“unavailable”
0public
15public lives today

The live he showed as proof in that same video, “Crypto Gold Live Trading 17 oct” (youtube.com/watch?v=OYYNXklQ1-4): “This video is unavailable” on 10 Oct 2026. The description of his 9 Nov 2025 video, fetched the same day, has no Google Drive link.

Why these lives are private or unavailable is not visible, and we don’t guess. The one reason he gave himself, on 23 Sep 2026 about the previous day’s live: “I watched yesterday’s live, it was very bad… I chased the market two-three times… I felt it was better not to keep it for you, so I dropped it.” (5:15, Hinglish, translated)

Checked logged out with YouTube’s public oEmbed endpoint and yt-dlp. His public live archive now starts on 14 Sep 2026: those 15 lives are the trade table above.

Frame from his 9 Nov 2025 video: his browser shows youtube.com/watch?v=OYYNXklQ1-4, Crypto Gold Live Trading 17 oct - stock_learners. (opens the full screenshot)
His video XHOxOGlaAKw, 7:45, used for commentary. Viewers’ names in the live chat hidden by us.
The 122 YouTube lives linked on t.me/stocklearners, Jan – Aug 2026, and their status on 10 Oct 2026
LiveLinked on his TelegramStatus, 10 Oct 2026
u4V9l0vmz80 ↗post #1997, 1 Jan 2026This video is unavailable
bh7uNhKtHiM ↗post #2000, 2 Jan 2026This video is unavailable
jqB7a_14fck ↗post #2001, 2 Jan 2026This video is unavailable
qIOj8nLZCE0 ↗post #2003, 3 Jan 2026This video is unavailable
S7HHETssOsk ↗post #2004, 3 Jan 2026This video is unavailable
lMPdzRUMUm8 ↗post #2007, 4 Jan 2026This video is unavailable
TsOwpaw3mXg ↗post #2010, 5 Jan 2026This video is unavailable
jWLmVB5JPyw ↗post #2012, 5 Jan 2026This video is unavailable
His reason for the 22 Sep live · 23 Sep 2026 · 5:15 ↗The 17 Oct 2025 live (unavailable) ↗His video, 9 Nov 2025 · 7:46 ↗
06 / follow the money

Read the
small print.

What is promoted, what is promised, and what the primary sources actually say. These are published-source observations, not findings about anyone’s private accounts.

01

“Free of cost” — and the Mentorship link

17 Sep 2026, on his live (42:25): “Every benefit of mine, you can take free of cost. I don’t take any charges from you for anything.” The same month his stream descriptions carry “✅ Mentorship link – eiqxoc.courses.store”, his course store: “GOT ULTIMATE”, “You Pay ₹10,283” (incl. taxes, 1-year validity); “GAME OF TRADING”, ₹5,146 after “50% OFF”, described as “LEARN AND EARN”. His website’s refund policy: “we do not provide refunds after the product is purchased”.

Course page GOT ULTIMATE on eiqxoc.courses.store: 1 Year Validity, You Pay ₹10,283. (opens the full screenshot)
eiqxoc.courses.store, “GOT ULTIMATE”, captured 10 Oct 2026. Cropped above the creator section. Unmarked copy ↗
Course page GAME OF TRADING: LEARN AND EARN, 6 Month Validity, ₹5,146 after 50% off. (opens the full screenshot)
eiqxoc.courses.store, “GAME OF TRADING”, captured 10 Oct 2026. Unmarked copy ↗
stocklearners.in refund policy: we do not provide refunds after the product is purchased. Last updated November 4, 2024. (opens the full screenshot)
stocklearners.in/refund_returns, captured 10 Oct 2026. Unmarked copy ↗
02

The “free” premium group: a partner code first

His “G.O.T Ultimate Premium Club - Stock Learners” Google Form, as archived on 12 Feb 2026: “Partner code xm - GT100”, “Partner CodeVantage : GAUTAM”, then “Deposit at least rupees 15000 INR in your trading account and place 2 trade then fill this google form”. The same form today (the “All Access” link in his Sep–Oct 2026 stream descriptions): “Step 1: Traded Active Account Need (You Can Change Your Existing Acount Partner Code)”, with Vantage and Elefin “GOT100”. His access page, Vantage tab: “Minimum Live Equity required: $100. Demo accounts are not eligible.” Fair note: the February form also lists CoinDCX (an Indian crypto exchange) and says “your trading account” without naming which, so the ₹15,000 may refer to any of them.

Google Form G.O.T Ultimate Premium Club - Stock Learners: Partner code xm - GT100; Partner CodeVantage : GAUTAM; Deposit at least rupees 15000 INR in your trading account and place 2 trade. (opens the full screenshot)
Internet Archive copy, 12 Feb 2026 (rendered from the archived page). WhatsApp number hidden by us. Nothing typed or submitted. Unmarked copy ↗
The same Google Form today: Step 1: Traded Active Account Need (You Can Change Your Existing Acount Partner Code); Vantage Partner Code GOT100; Elefin CODE GOT100. (opens the full screenshot)
The same form, live, 10 Oct 2026. Nothing typed or submitted. Unmarked copy ↗
stocklearners.co.in premium access page, Vantage tab: Minimum Live Equity required: $100. Demo accounts are not eligible. (opens the full screenshot)
stocklearners.co.in/instant-access.php, 10 Oct 2026. The sample number in the phone field hidden by us; nothing typed. Unmarked copy ↗
03

“A percentage of your commissions”

23 Sep 2026, on his live (33:20): “…working this hard to give you trades, so I earn some money myself — a percentage of your commissions.” The brokers’ own partner pages describe how such programmes pay: Elefin, “receive up to 40% revenue share … Partners earn an ongoing share of the spread revenue from every client they introduce - for the lifetime of the relationship”; Exness, “Earn commission based on your referred client’s trading volume”; XM, “Get commission for all trades”. These are the brokers’ generic terms, not his agreement. What he earns, from whom and how much, we don’t know.

Elefin partners page: Refer traders to Elefin and receive up to 40% revenue share; partners earn an ongoing share of the spread revenue from every client they introduce for the lifetime of the relationship. (opens the full screenshot)
elefin.com/partners, captured 10 Oct 2026. Unmarked copy ↗
Exness IB Partners page: Earn competitive Revenue share commission for referring traders; Earn commission based on your referred client’s trading volume. (opens the full screenshot)
exnessaffiliates.com, captured 10 Oct 2026. Unmarked copy ↗
XM Partners page: Unlimited Commissions. Get commission for all trades. (opens the full screenshot)
partners.xm.com, captured 10 Oct 2026. Unmarked copy ↗
04

Partner codes, and the RBI list he links himself

His 5 Oct 2026 stream description: “Top Recommended Trading Platforms : Foreign Audience (NRI) Not For Indian Users”, then Elefin “CODE GOT100”, XM “Partner Code: GOT100”, Vantage “Partner Code: GOT100”, Exness “Partner Code: 9mxnvcnhwf”, “Note:- XM ,Vantage & Exness is for Global Users Not For Indian User.” and “Awareness RBI List - https://m.rbi.org.in//scripts/bs_viewcontent.aspx?Id=4235”. That page is the Reserve Bank of India’s Alert List (updated 19 Nov 2025): “The Alert List contains names of entities which are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor authorised to operate electronic trading platform (ETP) for forex transactions … This list is not exhaustive.” Row 6: Exness. Row 33: XM. Row 40: Vantage Markets. Exness and XM are on its first edition (7 Sep 2022); Vantage Markets on the list updated 10 Feb 2023. At least 29 of his uploads (Feb–Oct 2026) carry both the partner links and the RBI link.

His 5 Oct 2026 stream description: Foreign Audience (NRI) Not For Indian Users; Elefin CODE GOT100; XM, Vantage Partner Code GOT100; Exness Partner Code; Awareness RBI List link. (opens the full screenshot)
youtube.com/watch?v=GOm-SrMT9yo, description, as shown logged out on 10 Oct 2026. Unmarked copy ↗
RBI Alert List, updated as on November 19, 2025: entities neither authorised to deal in forex under FEMA nor authorised to operate an electronic trading platform; this list is not exhaustive. (opens the full screenshot)
RBI Alert List (Id=4235), Internet Archive copy of 3 Oct 2026. Unmarked copy ↗
RBI Alert List rows: 6 Exness, 33 XM, 40 Vantage Markets. (opens the full screenshot)
Same page, rows 1–45. Unmarked copy ↗
05

Vantage: not for residents of India

Vantage’s own website (footer, read 10 Oct 2026): “REGIONAL RESTRICTIONS : Vantage does not offer its services to residents of certain jurisdictions, including, but not limited to, [India, Canada, China, Hong Kong, Singapore, the United States and any jurisdictions listed by the Financial Action Task Force (FATF)] or subject to international sanctions.” His descriptions give a Vantage partner code and label it “Not For Indian User”.

Vantage website footer: authorised and regulated by the Mauritius FSC; Regional restrictions: Vantage does not offer its services to residents of certain jurisdictions, including India. (opens the full screenshot)
vantagemarkets.com/en, captured 10 Oct 2026. Unmarked copy ↗
06

His own disclaimer

Under the same stream (5 Oct 2026; the same text runs under his Sep–Oct 2026 streams): “Disclaimer: As per the FEMA Act, it is illegal to trade pairs without INR Currency & do business with brokers not registered in India. Kindly Google and do your own research & take decisions wisely. I am trading Forex in Dubai using forex broker which is registered in other country. If you stay in India, kindly research for your options. It is completely your personal decision.” And: “DISCLAIMER - WE ARE NOT SEBI REGISTERED ADVISOR LIVE IS FOR EDUCATIONAL PURPOSE”. His wording, quoted in full; we make no legal finding.

His stream description: Disclaimer: As per the FEMA Act, it is illegal to trade pairs without INR Currency and do business with brokers not registered in India; I am trading Forex in Dubai; WE ARE NOT SEBI REGISTERED ADVISOR. (opens the full screenshot)
youtube.com/watch?v=GOm-SrMT9yo, description, 10 Oct 2026. Unmarked copy ↗
07

Elefin: a 2026 company

Elefin is the newest of his “Top Recommended” platforms (code GOT100 under his streams from 14 Sep to 5 Oct 2026). Its website footer: “Elefin Ltd is registered in Saint Lucia (Registration No. 2026-00297).” Its “Restricted Regions” include the “United Arab Emirates (UAE)”. The website names no financial regulator or licence (read 10 Oct 2026).

Elefin website footer: restricted regions include the United Arab Emirates (UAE); Elefin Ltd is registered in Saint Lucia (Registration No. 2026-00297). (opens the full screenshot)
elefin.com, footer, captured 10 Oct 2026. Unmarked copy ↗
08

The landing page, then and now

His website stocklearners.in as archived on 29 Dec 2024: “Spot High ROI Trades — My Proven Process that Profited 1000+ Traders”, “You too can become a millionaire if you have faith in yourself.” and “You can’t double your money but there will be trades when you can. I will teach to identify those trades.” By 18 Oct 2025 those lines were gone. Today the page’s disclaimer says “We do not guarantee any specific outcomes or financial success”, just above the button “YES! I WANT TO WIN HIGH ROI TRADES” (a ₹9 Zoom webinar). Why it changed, the page doesn’t say.

stocklearners.in, archived 29 Dec 2024: Spot High ROI Trades. My Proven Process that Profited 1000+ Traders. (opens the full screenshot)
Internet Archive copy, 29 Dec 2024 (archived page without its stylesheet). Unmarked copy ↗
stocklearners.in, archived 29 Dec 2024: You too can become a millionaire if you have faith in yourself. You can’t double your money but there will be trades when you can. (opens the full screenshot)
Same capture, further down. Unmarked copy ↗
stocklearners.in today: disclaimer “We do not guarantee any specific outcomes or financial success” above the button YES! I WANT TO WIN HIGH ROI TRADES, ₹9. (opens the full screenshot)
stocklearners.in, 10 Oct 2026. Address and e-mail lines hidden by us. Unmarked copy ↗
09

Partner links: off one channel, not the other

On his 6 and 8 Oct 2026 streams, the XM, Vantage, Elefin and Exness links and codes were gone from the Stock Learners descriptions; the “Not For Indian User” note and the RBI link stayed, and a Lemonn code “GOT100” was added. A video on his other channel (@gautammjhaa, 9 Oct 2026) still carried Vantage and XM “GOT100” and an Exness code. Why, we don’t know.

His 8 Oct 2026 stream description: no XM, Vantage or Exness partner links; Note:- XM ,Vantage & Exness is for Global Users Not For Indian User; Awareness RBI List. (opens the full screenshot)
youtube.com/watch?v=F647fQ8yeB0, description, 10 Oct 2026. Unmarked copy ↗
010

SEBI’s 2024 rule: for SEBI to decide

SEBI (Intermediaries) (Amendment) Regulations, 2024, Regulation 16A: “No person regulated by the Board or the agent of such a person shall have any direct or indirect association, with another person who- (i) provides advice or any recommendation, directly or indirectly, in respect of or related to a security or securities, unless the person is registered with or otherwise permitted by the Board …; or (ii) makes any claim, of returns or performance expressly or impliedly, in respect of or related to a security or securities, unless the person has been permitted by the Board to make such a claim”. “Association” includes “referral of a client”; a person “engaged in investor education” is excluded if he does neither. His descriptions since then say “We/I are not SEBI ( Securities and Exchange Board of India ) Registered” (2025) and “WE ARE NOT SEBI REGISTERED ADVISOR” (2026), next to account links for SEBI-registered brokers: Fyers (until Oct 2025), blinkX (“BlinkX pe karo Unlimited Trading”, 4 Mar 2025) and Lemonn referral codes (2026; Lemonn is SEBI stock broker INZ000304837). The rule binds the SEBI-registered firm. Whether it applies to any of these links is for SEBI to decide; we make no finding.

SEBI (Intermediaries) (Amendment) Regulations, 2024, Regulation 16A(1): no person regulated by the Board shall have any association with another person who provides advice or makes any claim of returns or performance. (opens the full screenshot)
Gazette of India, 26 Aug 2024, page 4 (PDF via the Internet Archive). Unmarked copy ↗
Explanation 2: association means a transaction involving money, referral of a client, interaction of IT systems; Explanation 4: investor educators excluded provided they do not do (i) or (ii). (opens the full screenshot)
Same notification, page 5. Unmarked copy ↗
His 4 Mar 2025 video description: Trading mein paise kamane ka plan hai? (link) BlinkX pe karo Unlimited Trading; and his disclaimer We/I are not SEBI Registered. (opens the full screenshot)
youtube.com/watch?v=DtCvbAPZBGA, description, 10 Oct 2026. Unmarked copy ↗
His 11 Oct 2025 video description: verified pnl of 50k to 2.2 lakh with a Fyers link; DISCLAIMER: We/I are not SEBI Registered. (opens the full screenshot)
youtube.com/watch?v=atje92Kyiy0, description, 10 Oct 2026. Unmarked copy ↗

Primary-source pages checked October 2026. Their contents can change; the receipts record what this audit used.

07 / fairness is part of the proof

What this test
cannot tell you.

His Instagram profile @gautammjhaa. The bio reads: Be Aware From Fake Telegram And Fake Profiles I Never Ask Money Don’t Give Anyone A Single Rupee. (opens the full screenshot)
instagram.com/gautammjhaa, logged out, 10 Oct 2026. Unmarked copy ↗

Right of reply. Right to correct.

Gautam Jha (Stock Learners) or their team are welcome to respond. We will publish the response here. Found a mistake in a quote, rule or trade? Send the source and the row; we will check it and log the correction publicly.

Send evidence or a response ↗

Right of reply: we emailed teamstocklearners@gmail.com (the business address on both his YouTube channels) for comment before publishing, on [TODO owner: date sent]. Reply: none so far. Corrections so far: none (11 october 2026).

08 / the receipts

Don’t take
our word for it.

The rules. The code. Every trade. Browse small previews here, or take the full research pack with you.

realshyt / gautam-jha-stock-learners-two-line-strategy-backtest

Public receipts · published 2026-10-11

Download ZIP 6.3 MB
Files 57
/ README.txt
3 KB · 35 lines · published 2026-10-11
realshyt proof data pack: https://realshyt.com/proof/gautam-jha-stock-learners-two-line-strategy-backtest
What this is: our backtest of the "two-line" strategy Gautam Jha ("Stock Learners") teaches in "Best Trading Strategy For
Beginners - Scalping Strategy" (7 Jun 2026) - previous day's high and low, 1-minute candles - on every minute of gold (XAUUSD)
from Jan 2015 to Sep 2026 with the spread shown on his own screen, plus NIFTY, BANK NIFTY, BTC and ETH and his 2023 swing
setup; and his public record: his 15 public livestreams (14 Sep - 8 Oct 2026) trade by trade, the archived posts of his
official Telegram channel, and the status of the 122 lives that channel linked. 36 readings with every trade.
Our test, our method, our opinion. Not financial advice.
Files
trades/*.csv every trade of every published reading. R = result in units of risk after costs; mfe_R = the best
move in his favour before the exit (mfe_R >= 10 = "reached 1:10 before the stop"); tg1 = first target
(the last swing, 80% exits there); tg2 = the runner's target; pdh/pdl = the previous day's high/low.
Times: gold = New York (the 17:00-17:00 trading day), NIFTY/BANK NIFTY = IST, BTC/ETH = UTC.
Swing CSV: target = the previous high (the second half's exit; the first half exits at +3%).
results_*.json every number for every reading, incl. the GENEROUS readings (35k-112k trades; CSVs too big for
this page) and the zero-cost / real-spread / slippage x2 runs, with yearly results and stop-size
quartiles
premises.json his premise ("liquidity taken -> reversal") measured directly on all five markets
crosscheck_XAUUSD.json the same rules on a second data source (HistData) - same conclusion
demo_days.json, demo_rank.json what the rules did on his three demo days (19-21 May 2026) and how rare that was
swing_results*.json his 2023 daily swing setup on Nifty 100 stocks (+ a Yahoo cross-check)
rules.json the exact rules and costs, every rule with his words and the second he says it
prereg/ the rules as written before each run (dated snapshots)
METHOD.md his rules with verbatim quotes + timestamps, every ambiguity, what was not codeable, all results
code/ the Python used (gautam_backtest.py runs everything; fx_data.py builds the gold data)
his_public_record/ calls.csv: every trade he took or gave on his 15 public lives (+ levels and group trades he
mentioned), with his words, the price check and our class; telegram_posts.csv: 644 archived posts of
t.me/stocklearners; telegram_outcomes.csv: the 85 posts that report a result; old_lives_status.csv:
the YouTube links in those posts and their status on 10 Oct 2026. Phone numbers are removed.
Data: Dukascopy Bank 1-minute XAUUSD BID and ASK; Kaggle NIFTY 50 / NIFTY BANK 1-minute spot; Binance 1-minute BTCUSDT /
ETHUSDT; Kaggle Nifty 100 15-minute (daily bars). Check any trade on your own chart.
Found a mistake? Tell us on Instagram @realshyt__ and we will correct it publicly.
Lines 1–35 / 35

Copy copies the visible page of source. Raw and Download contain the entire file.

README.txt

The receipts, explained.

realshyt proof data pack: https://realshyt.com/proof/gautam-jha-stock-learners-two-line-strategy-backtest

What this is: our backtest of the "two-line" strategy Gautam Jha ("Stock Learners") teaches in "Best Trading Strategy For Beginners - Scalping Strategy" (7 Jun 2026) - previous day's high and low, 1-minute candles - on every minute of gold (XAUUSD) from Jan 2015 to Sep 2026 with the spread shown on his own screen, plus NIFTY, BANK NIFTY, BTC and ETH and his 2023 swing setup; and his public record: his 15 public livestreams (14 Sep - 8 Oct 2026) trade by trade, the archived posts of his official Telegram channel, and the status of the 122 lives that channel linked. 36 readings with every trade. Our test, our method, our opinion. Not financial advice.

Files trades/*.csv every trade of every published reading. R = result in units of risk after costs; mfe_R = the best move in his favour before the exit (mfe_R >= 10 = "reached 1:10 before the stop"); tg1 = first target (the last swing, 80% exits there); tg2 = the runner's target; pdh/pdl = the previous day's high/low. Times: gold = New York (the 17:00-17:00 trading day), NIFTY/BANK NIFTY = IST, BTC/ETH = UTC. Swing CSV: target = the previous high (the second half's exit; the first half exits at +3%). results_*.json every number for every reading, incl. the GENEROUS readings (35k-112k trades; CSVs too big for this page) and the zero-cost / real-spread / slippage x2 runs, with yearly results and stop-size quartiles premises.json his premise ("liquidity taken -> reversal") measured directly on all five markets crosscheck_XAUUSD.json the same rules on a second data source (HistData) - same conclusion demo_days.json, demo_rank.json what the rules did on his three demo days (19-21 May 2026) and how rare that was swing_results*.json his 2023 daily swing setup on Nifty 100 stocks (+ a Yahoo cross-check) rules.json the exact rules and costs, every rule with his words and the second he says it prereg/ the rules as written before each run (dated snapshots) METHOD.md his rules with verbatim quotes + timestamps, every ambiguity, what was not codeable, all results code/ the Python used (gautam_backtest.py runs everything; fx_data.py builds the gold data) his_public_record/ calls.csv: every trade he took or gave on his 15 public lives (+ levels and group trades he mentioned), with his words, the price check and our class; telegram_posts.csv: 644 archived posts of t.me/stocklearners; telegram_outcomes.csv: the 85 posts that report a result; old_lives_status.csv: the YouTube links in those posts and their status on 10 Oct 2026. Phone numbers are removed.

Data: Dukascopy Bank 1-minute XAUUSD BID and ASK; Kaggle NIFTY 50 / NIFTY BANK 1-minute spot; Binance 1-minute BTCUSDT / ETHUSDT; Kaggle Nifty 100 15-minute (daily bars). Check any trade on your own chart. Found a mistake? Tell us on Instagram @realshyt__ and we will correct it publicly.

no trust required

Verify one trade yourself.

Open a 1-minute gold (XAUUSD) chart set to New York time and mark the previous day’s high and low (pdh / pdl in the CSV; the day runs 17:00–17:00 New York). Find the recorded entry, compare the stop and the first target (tg1, the last swing), then follow the candles to the recorded exit time. Costs are in rules.json; your broker’s prices can differ by a few cents.

The server samples uniformly from every trade in this version. The complete CSV stays out of your browser.

2015-01-05short / row 2
entry
1,196.6012015-01-05 00:51
stop
1,197.552recorded level
target
1,192.744recorded level
exit
—2015-01-05 02:20
result
-1.053Rstop

Times: gold = New York (the 17:00–17:00 trading day); NIFTY / BANK NIFTY = IST; BTC / ETH = UTC; swing = daily dates. Prices are CFD prices; costs can explain differences from the chart.

Open every trade in this version ↓
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Our test and our opinion of it. Short public excerpts used for commentary and review. Educational content, not financial advice. Past results do not predict future results.

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