Comment on Mr Consistent returning incredible returns

Madan commented on 08 Jan 2014, 10:07 PM

Hi there,

Congrats on making 5% in your challenge. Good start. According to Zerodha, only 10% of the people made money in a quarter.

I am not a big fan of options and please read one of the previous posts where i gave some idea to a person on ‘how to start trading'(according to me)

As i mentioned somewhere earlier, the only reason people buy options(in their early years) is because of ‘less money’ needed. You are not alone. Do you want to be in this profession for long term? You are also pretty young. Why can’t you wait to trade in futures until you have a lac in your account? Only you can answer this question.

I also hope that you know why options lose value when the market does not move much.

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