We're a research desk for serious individual investors — built on the belief that markets aren't moved by charts. They're moved by people, capital, and conviction.
The Thesis
01 — Mission
Our job is simple: track where global capital flows in real time and turn that intelligence into precision trade ideas, asset picks, and high-probability setups. We don't chase price. We watch the people moving it.
That means liquidity, positioning, rate expectations, FPI ledgers, options OI, swap spreads, and the boring institutional plumbing that most retail dashboards never show you.
02 — Method
We combine three lenses — qualitative, quantitative, and technical — to cut through noise and isolate the signals that actually move markets. From economic data, to asset rotations, to institutional positioning: we track it, map it, and position ahead of the herd.
“Price moves last. Money moves first. We trade the money.
03 — Why us
Hedge funds, asset managers, and market-makers have access to a tier of intelligence the average investor never sees. We don't think that's a moat — we think it's a market failure.
CapitalCode exists to democratize that edge — not by leaking secrets, but by doing the same work, in public, and handing the framework to anyone willing to learn it.
Our Philosophy
Everything we publish — every trade, every report, every framework — is downstream of these four ideas. If we ever drift from them, fire us.
Charts lag reality. Institutional money leaves a trail in flows, OI, and positioning before it shows up on the candle. That trail is the entire job.
StrategyIf a thesis can't be written in three sentences with entry, stop, and target, it isn't a thesis — it's a feeling. Feelings don't get sized.
DisciplinePreservation of capital is the only foundation that compounds. We'd rather miss a multi-bagger than blow up a book. Position sizing > conviction.
RiskThe hardest trade isn't the entry. It's holding the winner and cutting the loser. Frameworks beat impulses, every time.
MindsetHow we got here
From a shared notes app to 159 documented trades and a paying readership. The short version, dated.
Two founders, one shared Notion. Every trade we took — long, short, win, blowup — logged with entry, exit, and rationale. No audience yet. Just the discipline.
HAL @ ₹3,297 — published openly with stop, target, and thesis. The first trade ever stamped CapitalCode. Still running.+48.6% as of this week
The Monday Macro begins. 11 pages, three asset classes, every position timed and sized. First 40 readers join the closed list.
The Institutional Investing masterclass — risk, position sizing, capital-flow reading — codified into a course. What we wish we had on day one.
23.82% TWRR. ₹6.91L booked + floating. 159 documented trades. Three asset classes. Two losing months. One thesis: it works because it's written down.
You are hereThe Desk
CapitalCode is run by two people. That's the entire firm. Every trade, every page of the report, every line of code on this site goes through one of them.
The brain behind the strategy. Raghav tracks global capital flows, macro structure, and asset rotations to build the trade desk's high-probability setups. Markets obsessive. Asymmetric opportunity hunter.
The system architect. Kushagra makes sure CapitalCode runs like a machine — managing infrastructure, backend operations, trade journaling systems, and the platform tech behind every published call.
We don't take outside capital. We don't run a fund. We don't sell anyone else's research. Everything you read on CapitalCode is written by the two people whose names are above it — and traded with their own money first.
A short list of what we won't do
Welcome to CapitalCode
Join them. See what happens when you stop following price — and start following capital.
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