Full time trader, searching for a low DD trading system. Trading involves significant risk. Always do your own research before making any trading decisions.
Aug, Sep, Oct and Nov month P/L
Net profit of 1.74L
Net ROI: 18.78%
Given all details about day wise ROI, brokerage and other charges below.
Verified PNL URL: https://t.co/BPIvGmpvLm……
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On a regular basis, I get DM where traders look for guidance to recover their FNO losses. Most of these people are in big loss and have taken a big loan.
If you are trading to recover your previous losses, you will make more losses. You should stop FNO trading ASAP.
Please save yourself from the gambling trap offered via trading.
Option trading is a highly skilled activity,
Which demands deep understanding of markets, human psychology and a complete focus.
I was not expecting such a warm response on my story (6/n)
Team, Trading carries a high risk, where substantial losses can occur in a very short period, where traders experience significant losses, sometimes in a single day. This underscores the importance of not investing more than one can afford to lose.
Financial advisors often recommend having multiple income streams. This approach aligns with the basic investment principle of diversification, not just within a portfolio but in life's income sources.
The emotional toll of losing significant savings can be devastating, leading to loss of hope and direction. Here, your encouragement to find one's path reflects the psychological aspect of trading where emotional resilience is key. The trading community often discusses the mental fortitude required to bounce back from losses.
Not everyone is cut out for trading, and that's perfectly okay. The notion that some might find success in different professions or through investing rather than trading aligns with the idea of understanding one's risk tolerance and skill set. This is part of what trading risk management strategies suggest - knowing when to step back or change strategies.
Markets are unpredictable, but so is life. The ability to adapt, learn from losses, and move forward is essential not just in trading but in any career or life challenge. This aligns with the best practices outlined in trading risk management, emphasizing preservation of capital, emotional control, and the diversification of both investments and life's endeavors.
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@optionstories 1. MTM based SL or profit booking.
2. Should be able to communicate using telegram like start, stop, current mtm, status, max loss.
3. Should have the option to change manual or automatic mode, to control trades. So that we can initiate orders manually and algo can continue...