Simple and Safe Option Strategy !

[niftyexceltrader]

I too lost a good amount of money in last 3 years. But in jan this year I made a good fortune (I will call it a fortune, after loosing so many months ), feb was so so after a good profit ended in a small loss, in march (till now) I am at par or in some little profit. But, I think, for retail trader writing options, should be a no no.

 

[adg123]

But, I think, for retail trader writing options, should be a no no.


Yea, you are right,
But it is almost impossible to be consistently successful trader in OPTION trading without WRITING option. It may be Institute, retail whatsoever...
(from my personal learning experience)
Profit Target should be small, frequent and consistent...:thumb:

 

[oilman5]

i can tell my view- any thing u do can be profitable ,by luck or by ur experience /timing skill , -normally u should expect 10yr to learn. Only after one can shift to leverage product.
Directional or spread or non-directional - only after hell lot of a practice one should put money.
The persons who dont have a decent software to study MM, effect of GREEK ,should not come here.
Plan should be in detail,as 5% opp. direction move can give 100% loss in naked play.Below 5yr knowledge of real trade -trying to be an option PRO -too risky business proposal.
.....................
views r personal , u dont have to agree