Asmita Patel is the polio of the stock market

Asmita Patel was famous in the trading community well before the regulator’s ex-parte order last week banned her from the markets. And, asked her to cough up Rs 53.67 crore in fees that she had collected from her students for three of her courses (with the prospect of the disgorgement going up to Rs 104.63 crore—what she is said to have made across all of them). Only now, the self-proclaimed “She Wolf of Stock Market” and “Options Queen” had become infamous.

But “audacious” is perhaps what best describes Patel. She has been in stock market trading for at least a …