F&O changed my life
From 20 lacs losses until now for the last 3 years, finally made some good profit this year and earned more than 50 lacs this financial year. Super excited for the future.
If done in the correct way, F&O can literally change lives. Good luck to all those who are interested and want to make their career out of it. Be patient, your time will come. :)
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If you have made 50 lakhs, someone has lost that 50 lakhs.
Others should not be influenced by this post. Analyse the risk involved.
My neighbour was in F&O trading, he was in total loss of 70 lakh and commited suicide due to loan burden and huge loss last month
Hello Thomas Shelby, curious to know the capital you have deployed and the strategies you use. Also the instruments.
I trade in Nifty, ITC and Maruti with a capital of 10L and most of the time the strategy is Short Straddle.
Never do f&o that is the rule. A crorepati lost all and now living in a rented home. Dude if you have earned 50lacks then don't go for f&o. Do delivery trading. You will make good secure money
To everyone who is reading this, please don't get influenced by this post. Just because someone says he made money in F&O doesn't mean you should go that route.
It's Highly risky and i have heard of people losing their lifetime of wealth in this.
💯💯 Please do your research before entering into the market.
What is the objective of sharing this on Grapevine unless, either you need appreciation or want to share your strategy for the well being of others.
all the numbers you have said does not give the exact picture. You cannot just look at absolute numbers when it comes to trading. What is your capital? Risk Per Day in percentage terms? ROE and Drawdown? What is the percentage of your total networth that you invest for trading?
This puts things in perspective when someone is trying to compare their performance or looking to get into trading.
Most sensible comment by far!
Capital was 5-10 lacs always. No defined risk per day. Mostly my RR was 1:3. But it’s not fixed. It entirely depends on the trade. I am a discretionary index option seller. So all my trades are upto my discretion. Some good, some bad.