I am new to this game. Age wise I am ancient and having been in a medical profession all my life have had little exposure to the financial market. I am soon going to retire and have this yawning gap of leisure/ boredom ahead of me which I hope to ameliorate by doing some intraday trading. And of course supplement my income whenever possible !
I have opened an account with Sharekhan and have tentatively started IDT with the help of my broker ---. Have had bad luck so far - no gain and some losses, and have been advised by my broker to go in for intraday options. Can anybody simplify the concept of options for me ? Is this occupation in my retired life likely to be disastrous for me ?? Some opinions are welcome !!!
I have opened an account with Sharekhan and have tentatively started IDT with the help of my broker ---. Have had bad luck so far - no gain and some losses, and have been advised by my broker to go in for intraday options. Can anybody simplify the concept of options for me ? Is this occupation in my retired life likely to be disastrous for me ?? Some opinions are welcome !!!