One guy, who was making losses in F&O from last 3 years, contacted me 6 months ago and wanted help to trade F&O,
He sent literally 30-40 msgs, So i thought to talk to him, I sent my number and he called in evening.
For more than 40 minutes, I convinced him to leave FnO trading and try cash positional, Efforts went in vein and he continued his trading.
After 2 months making losses again, again contacted me, I was genuinely trying to help him so i thought of giving it another try.
He had lost more than 70 Lacs, luckily he was doing a good salary job.
Was left with 12 Lacs in capital.
Started trading cash,
1st 2 months went crazy and he made approx 30% return, way happy as he saw only the good side as small caps mostly trended up in Jan and Feb,
Than came march and he lost 20% of capital, Again disappointed but was happy as he didn’t lose his own money and only profit was gone, In April till now, He recovered almost his losses, and in 30% profit now,
He has a good paying job so once he learns, he can keep adding capital and recover his F&O losses in few years.
Guys, If you are not profitable in F&O in last 2-3 years, Just stop it and give cash trading a try.
If you think that you have less capital, You can get capital later if you build confidence. Even 2-3 lacs capital is enough to start with.
It takes YEARS to find a profitable trading strategy.
This simple yet profitable strategy has made me THOUSANDS.
Here's a thread on one of my favorite trading strategies 🧵
If you buy a house in rich neighbourhood, it's not only the question of buying an expensive house. From then on, your expenses would be higher and higher to match lifestyle of neighbours. Unless you're also rich, avoid rich neighbourhoods. You can copy lifestyle but not wealth.
Introverts are not quiet, they avoid conflict. They know you're wrong. How you're wrong. Why you're wrong. And the history & psychology of all your wrongs. They may stay quiet. You may think they gave up & you won. But trust me they planned the end even before you began thinking.
I've used Microsoft Excel for 20 years, and these 20 tips & functions will make you an expert and increase your productivity 100X📊
Don't ever use Excel again without knowing these 20 tips & functions: