Yesterday I was watching an interview of Zerodha's Founder & CEO Nithin Kamath and a statement that hit me hard so I thought of sharing -
"BEFORE I DO ANYTHING I KNOW MY MAXIMUM LOSS ON IT AND IF I CAN MAKE PEACE WITH THAT LOSS I GO AHED"
@zerodha@Nithin0dha#zerodha
Tough day! Though it was going up but kafi choppy price action and also good decay in option so hard for buyers and with bearish bias it became more tough!
#BankNiftyOptions#StockMarketindia
Decent expiry! Gave a good sl at morning taking trade on breakdown then took time to understand market and took advantage it😄 Only 1400 profit only from selling rest buying
#BankNiftyOptions#volatile#rangebound#expiry