BEST PRACTICES

Options Trading Best Practices


  • Do trade in equity for 1 year with Rs.5000-10000 then start Options trading
  • Learn the Basic of Options in easy way
  • Protect the capital with Strict Stop Loss
  • Choose the best trading system
  • Follow the trend
  • Save the 3 months NIFTY Day charts to understand National Stock Exchange's ORDER MANAGEMENT SYSTEM.
  • Avoid buy Calls or Puts on Friday and before holidays
  • Sell the Deep OTM calls before 30 days expiry
  • Do trade on Index only entry and exit is easy
  • Use Options to protect your equity shares.
  • Avoid pay per lot brokerage choose pay per trade brokerage
  • Use automated scripts in Algorithmic trade to execute stop loss orders to control Human emotions
  • Do not over trade
  • Keep Strict Stop loss
  • Believe in Non profitable blogs or sites they provide true tips
  • If your mind in deadlock situation do not trade anything just shutdown the terminal
  • Everyday trading is not mandatory
  • Rs.1 lakh is good capital for options trading,Use only Rs.10000 everyday keep remaining amount in your account,If you trust 1000% on confirmed up or down move use remaining amount.

3 comments: