Playing since 2005 lost 13+3 lakhs

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Bro..First of all congtats for the nice 2nd innings..

My two cents..based on my experience

-- Pls don't trade in option (if atall, use only for intraday as me too lost a lot in options

-- Trade in future with stocks (becuse the stocks after a BO, makes a nice upmove unlike Nifty darling..very unfaithful)
 
so far the above statement on april 10th holds good ..
Why the need to predict a future event? dont traders just trade the " here and now" ?

If nifty expires at 6500 or 4500, what difference does it make to the intraday trader like you, who trades with the market.

Dont tie your ego to a price. If it expires at 6000..... you are wrong. And if it expires at 5750... you are right. In both the events, unless you took a bet in that direction, its of no use

Please dont get stuck in this prediction stuff.
 

ranger123

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Hello Stock 72, this is not at all good that you are doing options trade and that also a positional way. Please I tell you that what you profit will become in loss if you do position option trading. If you want to do option trade than do a close setup so you knowing what is your maximum loss and loss is limited. I think you should not do option tradig and do only Future trading in which you are doing good also.

Thank you and best of luck.
 

ranger123

Well-Known Member
Hello Stock72, this week is the expiry for options. So the risk of tradin options directional is very very much. I tell you that you please do not do option trading atlest this week. If you has to feel doing it do it after this week but not in this week. I also less my option quantity to half in the last week because of very much risk. It is good to earn less profit but very bad to make a very big loss.

Thank you and best of luck.
 
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