DerpyMuffin
DerpyMuffin

Do you make money by options/future trading?

We See posts and stories on Instagram/Twitter with people making 50-60k daily trading. Some even make lacs. I am wondering if it is legitimate and can we also do it? Because the last time I tried and I lost 15k. What are your comments?

22mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
SqueakyPancake
SqueakyPancake
TCS22mo

Yes sometimes I make a couple thousand rupees, but mostly by end of month I loose 15-20k. I have decided to dedicate more time now so that I can reach my monthly Target of 50k per month. Finally I would like say I am really proud of my efforts 💪

DerpyMuffin
DerpyMuffin

Can we connect and learn together. It might help us

SillySushi
SillySushi

Which broker do you use? Zerodhas 20 bucks per trade really eats in to my profits when I'm trying to adjust a position.

SparklyRaccoon
SparklyRaccoon

Stay away from options/futures trading if you don't want financial and mental pain.Being a trader myself, if you wanna get into options trading try to become a profitable trader in equities first. If you cannot make money trading equities there is no way you can become a profitable options trader. Getting into options from the get go is a sureshot way to blowing up your capital multiple times.

All the screenshots you see most of them(90%) dupe people so that they can sell their courses. Training and brokerage is their major income not trading.

BouncyBurrito
BouncyBurrito
Student22mo

15 lakhs capital min with modest returns of 1-2% a week max then you can make money with high probability , no chance of 50k daily with small capital.

JumpyPotato
JumpyPotato

Trading is a full time job. No one can manage it with corporate.

If one manages it with corporate, tell me the firm he is working in, because I want to work in an organisation with no work and free money.

SquishyLlama
SquishyLlama

You have your answer in the last line.

JumpyPancake
JumpyPancake

Only 1% do. Don’t even bother. You will Lose money,life everything

SparklySushi
SparklySushi

Those screenshot are fake*. Anyone who is earnings thousands or lakhs daily would not require to post on SM nor they'll need to sell courses. F&O is a zero sum game and trading works because of information asymmetry or propriety models. If everyone knows/does the same stuff, then it stops working. So think why would someone sell you a course that endangers their earning potential? Ever wondered why successful HFT firm are super secretive?

*Some stats : 9 out of 10 retail traders lose money in F&O. Top 1% and top 5% of traders account for 51% and 75% of the profits made in F&O

Source : https://www.sebi.gov.in/reports-and-statistics/research/jan-2023/study-analysis-of-profit-and-loss-of-individual-traders-dealing-in-equity-fando-segment_67525.html

SwirlyMuffin
SwirlyMuffin

No one makes money "daily" in F&O. For me there are good months and there are bad months, mostly based on how the overall market does.
Option buying is simply not worth it, selling is high risk and capital intensive. Futures are also high risk but that is what I am comfortable with. It is very difficult to make money consistently with trading. Took me 3 years of no profit no loss to reach here and have been doing good for the past few months but even now the future is uncertain so I have to be very diligent with the risk management.

CosmicRaccoon
CosmicRaccoon

It is profitable but not to the scale which is shown by the so called wannabe finfluencers. You can make a decent amount provided you do a through back testing and put your emotions out of the game. Most of the times you might lose but at times you will win too… The idea is to generate +ve outflow at the end of month… that’s it

DancingBanana
DancingBanana
Amazon22mo

There is a reason why everyone who has done it tells you don't do it.

Discover more
Curated from across