How to make 20000 TO 10 lakh.
Congrads Bro
I was thinking on the possibility and probability. So I opened up my calculator and tried hitting 20000 * 2 and hit "=" 6 times and it gave a result of "12,80,000".
That means 6 times you have get 100% profit and no loss with cumulative capital.
If you follow proper trading system and achieve 1% profit in every trade, It will be just 600 Trades to do it.
If you say proper rational behind your calls, the people in this community will appreciate it.
But If this is just another speculative attempt, Then.... Just read the following from a famous book that I am reading.
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An option is a bet that a specific stock, index, or future will reach or
exceed a specific price within a specific time. Please stop and reread
that sentence. Notice that the word specific occurs in it three times. You
must choose the right stock, predict the extent of its move, and forecast
how fast itll get there. You must make three choicesif youre
wrong on just one, youll lose money.
When you buy an option, you have to jump through three hoops in
a single leap. You have to be right on the stock or the future, right on
its move, and right on its timing. Ever tried tossing a ball through three
rings at an amusement park? This triple complexity makes buying options
a deadly game.
Options offer leveragean ability to control large positions with a
small outlay of cash. The entire risk of an option is limited to the price you pay for it. Options allow traders to make money fast when theyre
right, but if the market reverses, you can walk away and owe nothing!
This is the standard flow of brokerage house propaganda. It attracts
hordes of small traders who cannot afford to buy stocks but want a
bigger bang for their buck. What usually gets banged is the option
buyers head.
Options are hopeless for poor people who use them as substitutes for stocks
because they cant afford the real thing.
Professionals take full advantage of starry-eyed beginners crowding
into options. Their bid-ask spreads are terrible. If an option is bid 75
cents, offered at a dollar, you are 25% behind the game as soon as you
buy. The expression your loss is limited to what you paid for an option
means you can lose 100%! Whats so great about losing everything?
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keep thinking ...
