MagicalBurrito
MagicalBurrito

perseverance, a structured approach, and effective risk management, You got it!!

This verified screenshot is from one of my trading account. The capital at the time this portfolio was deployed was ₹50 lakhs, starting in mid-October 2023. It has already generated returns of over 52%, with just over a month remaining to hit the target of 55-60% for the year. This reflects both gross and net profits. I invested in a few good mutual funds in this account and pledged them to generate trading capital. The returns from these mutual funds are additional, and I am using them to offset all government taxes and charges. Additionally, I never carried any positions overnight; this is purely day trading, using sound risk management principles.

PS - For the haters: I’m sharing this to show that these results are achievable. And yes, for me, 35% over 5 years is insufficient. You can call me "kitty aunty" or say I’m not an investment banker, but the facts speak for themselves.

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3mo ago
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GoofyWalrus
GoofyWalrus

There are aways nay sayers buddy. I shared my algo trade P&L so that people can learn from it but eventually I just stopped because it wasn't worth it.

What you're doing is good 🙌🏼

GoofyWalrus
GoofyWalrus

QQ: are you selling options?

MagicalBurrito
MagicalBurrito

Yes option selling only. Consistency comes only with option selling. By the way, it is not to prove anything but one genuine person asked if he is doing well but here ppl rather than guiding him in right direction, asking me how can you say this?

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As they say; Personal finances are 'personal' :)

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