Need to make 25 Lakhs in 1 year.

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Sultaan

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Jaan Ki Baazi Lagaane wala hota hai Jaanbaz aur maal ki Baazi Lagaane waala hota hai MALLMAAL:thumb::clap::p
:clap::thumb: lol PTBhai, but ya its very much poss in less time too if you read the mkt correctly & stick to your conviction with leverage... & usually its easier for newbies than established traders cause over analysis usually clogs the minds...:D
 

onlinegtrash

Well-Known Member
Not getting the point on your small point gains... megapixel:confused::confused:

Today onlinegtrash's capital deployed has appreciated more than 40%...:clapping: but where is the small point gain???:confused:

am i missing something:confused:???
yes you are, if you understand the term: 'fragility'

Day trading options is quite fragile business, unless you have things almost mechanized approach(const. discipline, trade screening, trade management etc).
Options price easily fluctuate by +/- 10-20% so tight stoplosses are guaranteed fail (except when u spot the end of trend).

Then there are deadly price spikes which often occurs in lower time frames...
which instantly drains your investment by 20-40% when dealing with front of the month strikes....price spikes hits your SL order and keeps it open if u ve entered SL limit or if you have entered SL market, you are dinner for the market makers !

moving to higher time frames with proper hedging practice makes your business more like insurance company rather than fragile gambler !

usually traders in higher time frame, make more money than intraday traders.
(I ve made small fortune in intraday options and lost big fortune too :( )
That's why am keen on moving to higher time frames, making the business less fragile.

btw 'fragility' is the word I borrowed from Nassim Taleb.
 

onlinegtrash

Well-Known Member
Its quite possible to do 1 lac to 25 in one year but lots of risky trades & luck needed...
you are plain wrong !

lots of risky trade = you will never recover from your previous losses, no matter how lucky you are !

1 lac to 25 lac in one year assumes big leverage, more leverage => more fragile
now if you couple leverage with more risk, that's like throwing porcelain cup from your roof top and expecting it to make a dent on the concrete floor !

some guys say, they can... then its not porcelain cup,
they should have some form of information edge not available to 99% of other traders, like guys in Facebook IPO ;) !
 

Sultaan

Active Member
you are plain wrong !

lots of risky trade = you will never recover from your previous losses, no matter how lucky you are !

1 lac to 25 lac in one year assumes big leverage, more leverage => more fragile
now if you couple leverage with more risk, that's like throwing porcelain cup from your roof top and expecting it to make a dent on the concrete floor !

some guys say, they can... then its not porcelain cup,
they should have some form of information edge not available to 99% of other traders, like guys in Facebook IPO ;) !
just cause u have not seen it , does not mean its not there.... I not giving fiction, i know so i can say & i did add what is required... a good reading of direction , luck & guts & ready to blow your account if things dont happen your way... but since newbies dont have that fear, its easier for them...
 

onlinegtrash

Well-Known Member
just cause u have not seen it , does not mean its not there.... I not giving fiction, i know so i can say & i did add what is required... a good reading of direction , luck & guts & ready to blow your account if things dont happen your way... but since newbies dont have that fear, its easier for them...
alright ! power to newbies! :thumb:
 
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