Day Trading Stocks & Futures

[vikas2131]

yet to see a profitable option buyer in long run.
option sellers earn low % but consistent winners.
our vadivelu made 30 - 40 lakhs in option buying, jhunjhunwa made 16 lakhs , market took away all that plus dahej also.

First of all there are handful of traders who are actually profitable . Whatever profitable options buyers would be there, they would be in index. Btw who is vadivelu ?

 

[TraderRavi]

First of all there are handful of traders who are actually profitable . Whatever profitable options buyers would be there, they would be in index. Btw who is vadivelu ?

a trader from saudi arabia. used to buy 100 lots of NF that time. and very big quantity in call options.

 

[vikas2131]

a trader from saudi arabia. used to buy 100 lots of NF that time. and very big quantity in call options.

lol where did you hear about him ?

 

[TraderRavi]

lol where did you hear about him ?

he was our popular TJ member. you forgot about him or not joined TJ then.

 

[vikas2131]

he was our popular TJ member. you forgot about him or not joined TJ then.

probably not joined then. when was last time he was here ?

 

[TraderRavi]

probably not joined then. when was last time he was here ?

he has posted his diary here. his id was stock72. that time Mod SG was active.

 

[Riskyman]

Fitch Ratings revises outlook on Tata Motors to negative
https://www.moneycontrol.com/news/b...tlook-on-tata-motors-to-negative-2969351.html

 

[Riskyman]

yet to see a profitable option buyer in long run.
option sellers earn low % but consistent winners.
our vadivelu made 30 - 40 lakhs in option buying, jhunjhunwa made 16 lakhs , market took away all that plus dahej also.

Very right. Option sellers make less returns but can earn consistently. However, Options selling is a rich man's game as one needs to make constant adjustments to his/her position. So, you need to have enough capital to make adjustments.
Option buying also can make a trader money. However, most traders lose money in buy positions by not booking profits in time, by buying expensive options, by risking excess money/by averaging loosing positions etc. If one can go from 2 lakhs to 16 lakhs, what stops from making it to 1 cr??
A good head on the shoulder perhaps!!

 

[raindrops]

If one can go from 2 lakhs to 16 lakhs, what stops from making it to 1 cr??
A good head on the shoulder perhaps!!

correct
a loser in options is a bigger loser in futures because of unlimited risk. traders take bigger positions in options, that is the real problem.

 

[siddhant4u]

I'm a newbie here -

If Options is risky (and loss making), future is risky with unlimited losses, what instrument you guys bet on? I mean do you guys trade in equity?