^k^

K

^k^

Active Member
#1
#1
Hi,
I’m trading from last 4yrs.
Started with Equity,then moved to NF then naked options then attracted to stock futures as it gives quick move…

But I am still learning trader - :down: have not had a profitable month yet. Breakeven less and losses are more.

Broker is Zerodha but I hadn’t won any challenge so far. :down:

Trading needs a proper guidance in a very early stage.We don’t have formal education for trading In India.
No awareness is there,thus many still think that Trading is a Satta.

I have 1 lakh as a base capital and I want to grow from this level.

Thanks
Karan
 
N

ndtrader

Member
#2
#2
^k^ said:
Hi,
I’m trading from last 4yrs.
Started with Equity,then moved to NF then naked options then attracted to stock futures as it gives quick move…

But I am still learning trader - :down: have not had a profitable month yet. Breakeven less and losses are more.

Broker is Zerodha but I hadn’t won any challenge so far. :down:

Trading needs a proper guidance in a very early stage.We don’t have formal education for trading In India.
No awareness is there,thus many still think that Trading is a Satta.

I have 1 lakh as a base capital and I want to grow from this level.

Thanks
Karan
Click to expand...
Welcome !

It might to good to pull out of the market for sometime and hone your skills a bit. Basic TA books by Wyckoff, Volman, Pring, Brooks etc will help for sure. Good to develop some programming skills too. Then do a bit of paper trading. And then start real trading with small capital and tight stop losses to prevent loss of capital. Most important is to analyze the trades, whether winning or losing, to figure out what went wrong or what worked.

Life is short man. Don't go about doing things haphazardly and wasting your time. Good luck :thumb:
 
T

tradedatrend

Well-Known Member
#3
#3
NSE offers many do it yourself course under NCFM

Do OPTION STRATEGY module

will help a lot in understanding options trading and in long run in making not too high but consistent profit
 
T

tradedatrend

Well-Known Member
#5
#5
^k^ said:
Hi :)
Why many people always suggest to go for option trading?
Click to expand...
Because if you manage to understand option, you will meet the god of financial market (metaphorically)

(and literally) with no other instrument you can make SAFELY as much money as you can make with options

provided you understand what options are
 
K

^k^

Active Member
#6
#6
tradedatrend said:
Because if you manage to understand option, you will meet the god of financial market (metaphorically)

(and literally) with no other instrument you can make SAFELY as much money as you can make with options

provided you understand what options are
Click to expand...
I traded only naked options.I don't know strategies like straddle,condor etc.I tried to get them,but I found hard to understand :annoyed:
 
vagar11

vagar11

Well-Known Member
#9
#9
^k^ said:
I traded only naked options.I don't know strategies like straddle,condor etc.I tried to get them,but I found hard to understand :annoyed:
Click to expand...
I found that understanding of options is difficult. So many factor affecting the premium. After that it's easy to understand all those option strategy. I would recommend Zerodha varsity as I have learned it myself from there.
 
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