Dear Rajgreenpeace
Some questions came up when I was going to your very personal post. And a thanks goes to you to make such a post. And as you say: Every person has his personal view, but even then, some hard facts can help a lot to underline the soft personal views.
Now let me post question after question:
1. Why would it take 3 years to enter into option trading? Just because of your personal experience or are there other reasons with no personal values behind it? Some hard fact reasons?
2. What about the technicals? There are many option strategy which not need much knowledge of TA. So any hard facts here about the need of TA as you posted?
An other one:
You post to stop trading after reaching the monthly target. I do agree with that for daily targets. But why for the month? If you have a shop and you made your money already in the middle of the month, then you recommend to close the shop for the rest of the month? No clue why to do that or I see no hard fact behind that. Sorry, but here you may have to be a bit more clear.
One more: Selling stocks. Huu, that is surely more dangerous compare to buying and option. In that case I only can lose the amount I payed for the option and my risk is 100% defined. But in the case of going short stocks, I can loose huge money even I set a stop loss which is in the worst case not filled.
Good trading / DanPickUp