“We all want progress, but if you're on the wrong road, progress means doing an about-turn and walking back to the right road; in that case, the man who turns back soonest is the most progressive.” – C.S. Lewis
Many a times I see retail participants buying Call and Put options based on hope. Even on 10th December 2020, Data analysis suggested retail participants were buying 13400 Puts and 13500 Calls in hope of big movement which never materialized.
Our F&O data analysis shared on 08th Dec 2020, when Nifty was at 13413 odd levels gave us an indication of a rangebound movement for Nifty index and accordingly a short strangle strategy was suggested to sell 13500 Call option and sell 13200 Put option for 10 Dec 2020 expiry.
Nifty closed at 13478 which means the strategy gave us the desired results.
One of the fundamental factors that can make a difference in your trading success depends on Are you willing to put in efforts to do your study / home work ?
Let me put it in simple way for you to understand.. - In exams, who do you think has a higher probability to score better marks – one who has prepared well for exams or one who is giving exams based on luck
- Who has a better chance of cracking an interview for a job – one who has prepared well for it or one who goes unprepared
- at interview the interviewer asks questions and is willing to let go 10 candidates in search of that 1 Mr Right Fit candidate. Why if you are an interviewer you are willing to reject... Because the person getting selected will get salary but for Company that is an investment and we want to be sure that would be a good Return on Investment, Isn't it?
- and Why as an interviewee we prepare for the interview... Because we want to start earning, right?
If we can do this for the Company where we work or want to work, then why in trading (where we are dealing with our own hard earned money, we want ROI and want to start earning) we neglect the importance of these 2 factors... - ignore the importance of preparation. & - Can you let go 10 trading opportunities for that 1 opportunity that has a higher probability of success with better risk::reward ratio.
Can you not be more selective in your trading decisions...?
My Mission is to - empower retail traders with the right information before they enter a trade in Nifty Futures / Options, - rationalize your expectations - help you avoid make mistakes and - realize your true potential to be profitable by being selective and trading with knowledge…
For details you can get in touch...!!!
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