25.9.09

trade nifty options

nifty options are the best and highest return giver if traded properly with proper management and discipline.just set a few rules for the trading and follow the trades accordingly .i will share what i do
first rule .keep your lot equal for every trade in nifty the lot size is 50 so whatever number you decide keep it same .pls don't change
second rule do only one trade in a day keep one stop loss and for target follow trailing stop loss once your target is crossed and also close the trade maximum by 3:25 if target is met or not .i do not carry overnight positions also anytime during the trade if i feel uncomfortable with the trade i close the trade immediately.
profit and loss is part of the trade.

i follow the above rules set by me very religiously .i also don't carry overnight positions as naked options are very risky also time decay eats your premium. one more thing you can set your own rules for your trades but you should follow them strictly and you should write down all your trades daily along with nifty levels and review your trades every fortnight to check whether you have to modify your rules for better results..

i will also share my experience that everytime i break my rule i have lost more

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