Trading for a living, money management and other issues

On Sunday, I met someone who wanted to quit his job and start day trading for a living. We talked a lot about it discussing the likely pitfalls and chances of success. I am not a great fan of day trading but am not dismissive about it either. I believe that as a trader it […]

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July 2019— Options Once Again — Day 09

A day of rest for the market as NIFTY ended up flat. Not exactly. There was enough volatility to make traders worry about the direction they should take. Stop losses get hit on both sides in this type of markets. Opinion of experts is divided about the trend. Some are looking for levels below 11400 […]

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Rs. 2000 Options — July 2019 — Day 09

NIFTY ended up flat for the day and so did we. Both our trades went wrong for the day and the notional profit seen has gone away. Profit coming to us was the market’s doing and taking it away is again by the market. We just keep on doing our job. Position at close yesterday: […]

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