Hi Friends...
I am quite old member in Traderji... but due to my other engagements find much lesser time to read threads... a few days back while going through new posts @amrutham's post encouraged me a lot... and I posted about my trading experience in his thread...
As I have decided to start my own thread to share with my fellow traders old and new about my strategies I am rewriting for readers reference...
I am also an option premium eater for last several years... I use spreads in BN weekly options... and my current strategy is working well... I am not a full time trader... currently with minimum capital to get a habit in this... will think of scaling up when this strategy becomes my habit... my monthly ROI is about 2% with yearly target is 20-25%...
I am trading since 2009... started with stocks... got hit during 2009... initial years... then lured into premium eating... used to trade in currency, USDINR Fut and Option combined... but during Rajan's time... suddenly currency margin got doubled (with notification) and then got quadrupled (without notification) and broker closed positions... got severely hit
then came back to NF option Iron Condor... worked well for a few months... but after BN got its weekly options shifted to BN...
This is my trading history in short... but I am quite sure and confident that at least with control and discipline it is not much hard to make at least 20% ROI by option premium eating...
Lastly I am also having the desire of becoming full time trader one day... and threads like @amrutham's are the biggest inspiration...
In my following posts I will start sharing the strategies.
Thank you all.
I am quite old member in Traderji... but due to my other engagements find much lesser time to read threads... a few days back while going through new posts @amrutham's post encouraged me a lot... and I posted about my trading experience in his thread...
As I have decided to start my own thread to share with my fellow traders old and new about my strategies I am rewriting for readers reference...
I am also an option premium eater for last several years... I use spreads in BN weekly options... and my current strategy is working well... I am not a full time trader... currently with minimum capital to get a habit in this... will think of scaling up when this strategy becomes my habit... my monthly ROI is about 2% with yearly target is 20-25%...
I am trading since 2009... started with stocks... got hit during 2009... initial years... then lured into premium eating... used to trade in currency, USDINR Fut and Option combined... but during Rajan's time... suddenly currency margin got doubled (with notification) and then got quadrupled (without notification) and broker closed positions... got severely hit
then came back to NF option Iron Condor... worked well for a few months... but after BN got its weekly options shifted to BN...
This is my trading history in short... but I am quite sure and confident that at least with control and discipline it is not much hard to make at least 20% ROI by option premium eating...
Lastly I am also having the desire of becoming full time trader one day... and threads like @amrutham's are the biggest inspiration...
In my following posts I will start sharing the strategies.
Thank you all.