So,
I was thinking to make quick money... so is it a good idea to start FnO trading... ? anyone doing FNO here, can share there experience.
Do you want to see hell from earth? this quickly
it takes lot of learning and HUGE capital to balance things:)
IF YOU SEEK QUICK MONEY ONLY HELL AWAITS TO WELCOME YOU
all now i can say is be careful
Yes immediately, if you don't have sufficient amount take loan. I can see your future already ☺️
millionaire
better start doing drugs
I personally know atleast 20 people who are doing F&O and not single one of them are in profits.
One out of that 20 is myself.
I've quit trading since 2023 and my life has never been this better.
Recently started Options Selling though.
Option selling me profit hai over all?
Sorry for writing in wiki. Didn't mean that honest mistake
No.
definitely yes, people are trying to stop you from succeeding with so much negativity
if you want to become rich after doing SIP for 30 year then do not start
if you want to become rich within 2-3 years then start learning.
Only 10% of traders are profitable, so you need to come in that 10%, and have your limits/boundaries properly set.
A big NO. For being profitable F&O requires years of experience. Don't fall prey to those fancy youtubers promising quick returns with their holy grail strategy. There is no free lunch.
Were you thinking to LOSE money quickly I suppose?
Download bible of options pdf and read and understand all the strategies and experience is the most important thing. so try to stay in market for long time and don't bet all your capital in 1 or 2 trades.
I am starting with Rs.2000 .. ll update p/l in comments.
Start with 1 lot only for a month , buy Banknifty around 200 OTM (bcoz here premium is ~Rs200) CE/PE(depends) and try to capture momentum (since if u hold long, the premium would anyways start to vanish due to theta decay!!)
And always aim to exit using Trailing SL!!! (+Dont forget Discipline & consistency ,..& ❌GREED❌ )
Why not? Start small and be disciplined. Don’t target huge returns, be consistent.
Start with options in small lots,I earn decent return with option trading
Fno is like blood money
You earning is some one loosing
Stocks and mutual funds are ok
Win win for everyone
And not everyone can win
So better do swings in etf and mutual funds
Target 30 percent in one year
Only Option selling is profitable with some adjustments. Also don't trade overnight
What do people chase quick money? There is no such thing as quick money.
With FnO it takes a lot of patience and time for a trader to become profitable (starting 2-3 years go in loss and to come to breakeven).
If you have that much time you can start, otherwise it will be like you are inviting monkey to snatch your hard earned money.
Used to do earlier but, as a part time (profitable but not much).
This year, started F&O full time in Jan. [Have been doing Stock market trades since 2009]
1. Never think that you could earn unlimited with small capital. You need at least 10L as capital. Don't do FnO trading with that amount but, you will need that much amount for emergency (Near expiry). Due to limited capital, I had closed several positions and booked loss and right before expiry, the same stock had given 6-7% movement (Imagine Future movement).
2. Always follow your strategy and never do F&O trading on hopes
3. Never try to cover your losses otherwise you will loose everything. Learn with every trade but, do every trade with fresh mind.
Do you want to see hell from earth? this quickly
it takes lot of learning and HUGE capital to balance things:)
IF YOU SEEK QUICK MONEY ONLY HELL AWAITS TO WELCOME YOU
all now i can say is be careful