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Research · Monthly reveal

Fearless trade experiments: the monthly reveal

Self-picks and blind draws, beside the index, by the month each group joined. How the reveal worksEveryone who signs up in a month forms that month’s group. Paper money goes in by a blind draw (a random pick from the month’s list) or a self-pick (chosen by hand), valued a day late beside the same rupees on the same days in Nifty 50. Shown: the median (the middle participant) and the middle half (the range the middle 50% fall in). No individual result, no ranking; a figure on fewer than 5 participants is withheld.

Paper money only: prices are a day late, nothing is bought or sold for real, no reward is tied to returns, and it does not train anyone for real trading.

Joined September 2026

5 participants

Self-picked
—
fewer than 5 participants
return on positions chosen by hand, still held
Blind draw
−0.8%
middle half −0.9% to −0.3% · 5 participants
return on positions drawn at random, still held
Nifty 50
—
fewer than 5 participants
the same rupees, on the same days, in the index
Self-picked minus own blind drawparticipants holding both; percentage points · fewer than 5 participants—
Self-picks ahead of own drawshare of participants holding both · fewer than 5 participants—
Paper money placedshare of the month’s ₹1 lakh put to work · middle half +2.0% to +100.0% · 5 participants+7.0%
Sold mostly at a lossshare of participants who sold anything · fewer than 5 participants—

Priced 12 Oct 2026. Sold positions left out. Reading the revealPositions already sold are left out, because the index level on the day of sale is not recorded. A few months say little: the gap between picks and draws means something only after many months.

Read this first

Paper money is not real money. Nothing here is a suggestion to buy, sell, switch or hold, and no result carries a reward. Each measure’s test is on the research register.