Does option trading really make money?

Literally no, it is the most thought segment in the SHARE MARKET. It has the highest risk as compared to other segments.

Most of us trade in nifty and banknifty which are highly volatile. The institutional traders who drive the market make a win in the market. They and a few people from retail traders are counted in the 5% of the people who are successful in the market rest of the 95% are like you and me (retail traders). Most of us fight with the market after loosing our money in the market which leads us to overtrading and more losses the loop continues.

The key to not to fall in the category of 95% people is to flow with the Institutional traders which is very difficult, it needs patience, discipline, deep knowledge of market and many more things. Most of the traders doesn’t have these qualities.

Here knowledge doesn’t mean technical analysis or using indicators. The knowledge of how the market is driven by big players where they enter where they exit, why they enter and exit at a any particular point and why some news changes the sentiments of the whole market.

Nowadays everywhere we see the advertisement of many traders who sell their courses by showing us their profits, the glamour bla bla. We get inspired by these advertisement and we start trading with zero knowledge. The reality is that they don’t make money with trading they make money by selling their courses in high rates 40k, 60k etc. They make lakhs and crores with courses, they show their profits not their losses. I ask you did you ever see any advertisement where the person show their genuine P&L with loosing trades? Literally no, we think there is something extraordinary in their courses by which we will be billionaire, did you ever see any trader who does the advertisement is a billionaire by the profession of trading?

Their courses are all about support & resistance and indicators etc. which you can get easily from youtube and google for free, there is no rocket science in their courses. Also the more you learn technicals and patterns and other related things the more you will get confused while trading. You will see patterns forming everywhere while trading which can lead you to a wrong decision.

If you will keep yourself in the category of 5% definitely you will be a successful trader. For that I think you should take your first step by reading a book which is very famous for trading, where you will know the reality of the trading world. The book is TRADING IN ZONE by Mark Douglas.

Before leaving you must see the recent scam of courses in the stock market.👇