We will also discuss and evaluate how to handle the max loss via firefighting strategies (mostly intraday) so that on a weekly basis we either
· Close the positional trades in profit
· Reduce our losses even below the defined max-loss.
This handbook will be 100% beneficial if you are starting your options trading career. If you are already trading, most of these strategies outlined might be familiar to you. Have an open mind and try to re-learn these the right way so that you know which strategy to pick based on the market conditions.
I have been fascinated with the writing world from 2007. I used to publish weekly newsletters back then, these days I publish independent market reports on a daily basis - absolutely free of cost.
The financial markets interest me - mostly banknifty, nifty50 and finnifty indices & the options trading happening around them. Most of my reports are highly technical and would require some background into technical analysis to understand & appreciate them.
Practical stock market trading is 20% technical skills & 80% psychological skills. Occasionally I write about the behavioral aspects about trading in stock markets, which is easy to understand for all. Currently I am working on a new book "Why 99% traders fail to beat the fixed deposit returns....." which should be helpful for all participants.
I am a certified research analyst from National Institute of Securities Markets.