I’m trying to learn about F&O trading and I wanted some advice on this. What parts are the most difficult to do? What should I be prepared for?
My personal view on hardest part.
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Putting Capital, for worth the time you should bring 5x of your yearly income .Considering you earn 20% Roi.Otherwise even your successful its not worth the time.Fno is full time job.
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At least 3 years of experience full time. I feel just like engineering, MBA or Medical, trading requires 3 years or 10000hrs of experience just like professional sports to build psychology and learning.
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Learning attitude, so no system works forever so you need to adapt quickly.
You need to develope a strategy that is well backtested…Backtesting builds confidence …The hardest part in trading is planning the trade before execution … You want to trade F&O…Pick the instruement from that segment and build a strategy… A simple strategy is Trading with pivot points … Either Camarilllla equation or Floor Pivots
Predicting the future.