I get too many phone calls of losses in options and futures trading. 1 to 10 lakh loss is common so I do not mention in my site. However some losses needs to be mentioned.
But most small traders fall in this category:
Warning:Now this one is NOT for the faint-heart. Listen to this mp3 file yourself (its in Hindi). This trader lost 3 crores trading options.
The Audio story in short:
This person is a businessman related to real estate. He made good money out of his business. He learned about options trading from a friend. His friend told him he made good money trading options and lured him to try trading options. He got lured and since he was a rich businessman making 5k or 6k did not attract him. So he started buying options worth lakhs of rupees in stocks and Nifty out of pure speculation and greed to make lakhs in every trade.
In three years of speculative options trading his total loss stood at more than 3 crores. 🙁
His recent loss before talking to me on phone was 9 lakhs Nifty option call expiring worthless. Imagine 9 lakhs going down the drain in one single trade.
After talking to him on the phone I was like this:
FIRST GREED OF MAKING UNLIMITED MONEY TRADING OPTIONS AND SPECULATIVE TRADING BECAUSE “I THINK SO THE STOCK WILL GO UP/DOWN” IS A SURE SHOT WAY TO LOSE MONEY TRADING OPTIONS.
That’s the reason I have been telling for years please NEVER DO SPECULATIVE TRADING. THE ONLY RESULT OF SPECULATIVE TRADING IS NOTHING ELSE BUT LOSS.
GET PROPER KNOWLEDGE BEFORE TRADING EQUITY OR DERIVATIVES (FUTURE & OPTIONS)
Its my right to teach you but its your right to listen to me or not. Hedging your traders will ensure the losses will be minimized to a large extend and profits will come more often.
My option course teaches you exactly that – the best way to trade options – BY HEDGING. This is how traders have be benefited since 2015.
Links to All Course Testimonials Pages:
What Traders Say About This Course
Testimonials Year 2015
Testimonials Year 2015 Page 2
Testimonials Year 2015 & 2016
Testimonials Year 2016
Testimonials Year 2017
What People Say Just After Reading My Course
Emotional Testimonial by a Young Woman Trader and Her Mother
WhatsApp or Call me: 91-9051143004
If you have any question you can contact me.
You can read about me here and my trading mistakes here.
Dilip Shaw, Founder
Copyright Infringement: Any act of copying, reproducing or distributing any content in the site or newsletters, whether wholly or in part, for any purpose without my permission is strictly prohibited and shall be deemed to be copyright infringement.
INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However every trade depends on the trader and his level of risk taking capability, knowledge and experience. Moreover stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
DISCLAIMER: I am NOT an Investment Adviser (IA). I am an Authorized Person (AP) of a Stock Broker. In other words I am a sub-broker. I DO NOT give tips or advisory services by SMS, Email, or WhatsApp or any other forms of social media. I strictly adhere to laws of my country. I only offer education for free on finance, risk management & investments in stock markets through the articles in this website. You must consult an authorized Investment Adviser (IA) or do thorough research before investing in any stock or derivative using any strategy given in this website. I am not responsible for any investment decision you take after reading any article in this website. Click here to read the disclaimer in full.