my 5yrs alrady passed and lost 5 lakh only but still nothing leaned even though i trade with low qty to test all time and EOD the volume is high lel haha.still novice nothing haha nothing works in market really every thing has a counter and it will cost u big time that will wipe out all profit made earlier
The day I stopped trading in options my profitability increased. The above reports are F& O. Mostly Futures. In Feb I lost about 20k in options selling.
Now options trading is less than 1% of over all trading. The amount lost in Options is more than two lakhs.
It is better to completely avoid trading options.
At the start we start with low capital and end up trading options.
My profitability in equities trading is more than 90%
And in futures it is neutral as of now.
New traders should stick to equities. This will have less fear factor. I prefer to trade in India focussed consumption stocks.
Does not listen to Market Analysts on media. Mostly read scrolling news about market.
I use F & O data to find direction and strength.
I Keep 30% cash always in account and 30-50% cash used for equities positional trading and remaining for trading in futures positional and intraday. Reduce exposure in futures positions when India VIX goes above 14.
I don’t use stop loss and mostly go long on dips in futures.
I learned that positional futures trading is better than intraday.
I wanted to share my experience so far so that you can benefit from it.
My target of earning one Lakh per month is achieved with in two years.
Thanks to ZERODHA for the support and low brokerage. Low brokerage is also one of the reasons for better profitability.
In a recent webinar Nitin told that a minimum of 25 Lakhs needed to earn one lakh rupees consistantly. If you missed that webinar, you can find it here. (From 44:00 to 45:10)
India VIX is the volatility on NIFTY 50, it measure the moment on Nifty. so if you see INDIA VIX 11 it means it is 11 % for last 1 year. i.e Nifty is can trade 11 % up and down for 1 year.
Hi @AkashKB please can u explain in detail…because I am unable to enjoy some big profit…right now I m consistently earning 3k per month. I m New to trading world…
Came across this infographic from clearnifty. They claim one can earn Rs 10 lakh starting from Rs 2 lakh in around 2 years using their options strategy.
I found they stock option recommendations good but nifty and banknifty recommendations need to be improved.
If we accept their claim, then around Rs 15 lakhs are needed to earn 1 lakh per month.