Now after reading books and watching youtube videos I have a good idea how options work. But my current questions are simple ones.
- if a newbie wants to trade options what is the minimum/safe amount (total price+ buffer price) required, specifically if hedging with a buy and sell?
- Do any brokers in india allow margin on already leveraged option selling for day trading?
if u r a newbie and if i give a bike what u will do ?
1. take it to a ground and practice and then ride on city busy road
2, straight away take it to city busy road ?
the point 1 here is investing and point 2 is trading ( particularly in options )
Many including me did opposite.. means did second one first and learnt a lesson .
this applies to any profession.
if ur just qualified doctor ( note the word qualified .. here that qualification too not required ) the hospital will assign u with some small cases not heart surgery straight away .
I saw a book in resource section uploaded by traderji .. the winning strategy in stock market .. have a look .
all the best