Dear Seniors…greetings to you.
The main reason for starting this thread is to control my Greed and learn the facts.
I am interested in option trading, any day when I see a stock moving up or down, I see its options like below example AXISBANK on 20-Jan-2012, Call 1000 total gain from its previous close was 191%
Expiry Date:25-Jan-12 Option Type:CE Strike Price:1000 Prev Close:7.55 Last Price:22
whenever I see such huge move, I think I can get atleast 5% gain per month with Trading, but I know its not easy. It needs Experience, Discipline,....
I request you to share your valuable Experience. It will be a great help for me, if you could share the following.
% of Gain per month (avg.):
Exp. in trading (Years) :
Trades in Equities/Options/Futures:
Trades Day/Swing/position:
Indicators/charts (what are they?):
Thank you all
About Me: I quit my IT Job in 2010 for trading with Capital 2L with no trading experience, lost 2L in one and half month or I say, I paid 2L to stock market as fees to learn valuable lessons. I failed because of in-exp, greed, depending on tips, not exiting at Stop Loss, averaging the same call when it was coming down. Since then to till date I have not traded even once, but I watch stock market daily. later on came to know about types of charts,Indicators,TA and trying to learn them when ever I get time.
Now I am in IT Job and wanted to trade while doing Job with Rs.10K/- (10K will be my capital till I feel confident about me), this time I want to learn, will try to overcome my mistakes done in May 2010, even if I loose my 10k- I am not going to leave Trading- I will be in Market
The main reason for starting this thread is to control my Greed and learn the facts.
I am interested in option trading, any day when I see a stock moving up or down, I see its options like below example AXISBANK on 20-Jan-2012, Call 1000 total gain from its previous close was 191%
Expiry Date:25-Jan-12 Option Type:CE Strike Price:1000 Prev Close:7.55 Last Price:22
whenever I see such huge move, I think I can get atleast 5% gain per month with Trading, but I know its not easy. It needs Experience, Discipline,....
I request you to share your valuable Experience. It will be a great help for me, if you could share the following.
% of Gain per month (avg.):
Exp. in trading (Years) :
Trades in Equities/Options/Futures:
Trades Day/Swing/position:
Indicators/charts (what are they?):
Thank you all
About Me: I quit my IT Job in 2010 for trading with Capital 2L with no trading experience, lost 2L in one and half month or I say, I paid 2L to stock market as fees to learn valuable lessons. I failed because of in-exp, greed, depending on tips, not exiting at Stop Loss, averaging the same call when it was coming down. Since then to till date I have not traded even once, but I watch stock market daily. later on came to know about types of charts,Indicators,TA and trying to learn them when ever I get time.
Now I am in IT Job and wanted to trade while doing Job with Rs.10K/- (10K will be my capital till I feel confident about me), this time I want to learn, will try to overcome my mistakes done in May 2010, even if I loose my 10k- I am not going to leave Trading- I will be in Market
Last edited: