Guys post your daily trading status

1 April - 12 Aug 2020 P&L. Trend following to financial freedom with zero leverage nifty option trading.

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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.

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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.

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Which software do you use for Trading? Looks good for options

13th aug expiry

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@rbtj Do you scalp or swing 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?

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6Th now

Annotation 2020-08-28 160439 Annotation 2020-08-28 160206

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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 :star_struck:

PS:-
Till March series , i withdrawn all the profits.

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My best regards to you on your profits! Would you mind sharing how much of it was taxed?

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