Hello All - Neew your guidance in recovering loss

[hkashikar]

Hello All,

I am Harshad from Pune ans has recently started trading in options. On daily basis I am loosing almost 2k - 3k because of one on the below reasons
1. Did not exit the stock at right time
2. Stock did not perform as per expectations.

Any help regarding trading tips, strategies is highly appreciated. Please note that I am not ready to pay to advisory firms.

Thank you
Harshad

 

[simplebuthard]

Hello All,

I am Harshad from Pune ans has recently started trading in options. On daily basis I am loosing almost 2k - 3k because of one on the below reasons
1. Did not exit the stock at right time
2. Stock did not perform as per expectations.

Any help regarding trading tips, strategies is highly appreciated. Please note that I am not ready to pay to advisory firms.

Thank you
Harshad

Welcome hkashikar,

To trade well in stock options, you need better understanding of stock price action, time-sensitivity of option prices, Right entry & exit management. First start learning price action of the stocks you follow for 3 months before trading in them.

 

[johnanthony]

Try and use support and resistance, will help u to entry and exit from the trade