1 April - 12 Aug 2020 P&L. Trend following to financial freedom with zero leverage nifty option trading.
Option buyer or seller ??
I am an Option buyer always and so I have only the premium amount exposed to market always. Option selling needs one to have margin money and is leveraged as per the broker or exchange margin rules.
What is capital used here!!
I try to keep my trading account max draw down to less than 30%. So I allocate Rs.160000 per lot. Currently am trading with four lots of Nifty Options and so my capital is Rs.640000.
Which software do you use for Trading? Looks good for options
I guess you mostly scalp options, am I right?
No. Am a positional trader. I hold option position for an average of around 5 days.
Is there any specific strategy you use ?
Only option selling… both positional and intrday.
Bro did this happen to you once?or often?
but for this to happen it has to be near stop loss price right?
6Th now
Oct 2019 Series : Started Trading with 20 lakhs
Aug 2019 Series : Closing the series with 80.21 lakhs
Initial Capital = 20 lakhs
Profits in 11 months = 60.21 lakhs
Made 300% returns in 11 months
PS:-
Till March series , i withdrawn all the profits.
My best regards to you on your profits! Would you mind sharing how much of it was taxed?