I am new trader. I have done a little research and learnt that options and futures are good. pls advise?

Question

I am new trader. I have done a little research and learnt that options and futures are good. pls advise?

Answer 1

NO for a new trader who may not know much about intricacies of trading.

I advise, please keep urself in CASH trading while keep collecting USEFUL information about the F&O intricacies. Else easy to loss lots of money.

Compared to CASH i.e. shares, F&O provides u an excellent leverage position with same amount of investment but then the losses will be proportionately more ( profits will be more, too).

Read more- think more- study more- keep records of dummy trading ( note down rates and take a position on paper only)- see how u r faring- keep track of ur cash. Then try trading on a small scale first.

In case u need more information, ask questions (be very specific) at this site.

Am in the same field i.e. trading in both cash and F&O in mumbai city. But I wont offer any tips etc. my strategies r for myself only.

Answer 2

life is risk do u stop living .no, the f&o r risky but u have to do to make money buy tata chemicals option call strike price 230/240 which ever is available u will double ur money then contact [e-mail]                                                 o k

Answer 3

are you sure that you had done an enough search & came to the decision? my advise is do somemore little home work & then go ahead.any thing could be possible in this market.

one more thing if you have any strong idea let me know.

ALL THE BEST.

Answer 4

dont touch it with a barged pole unless you have done your study about the technicals  in the stock market

remember some wise men have said:

A man comes to the stock market with lot of money and no experience

After sometime he has a lot of experience and no money ,,,,,,,,,,,,,,he then turns into an analyst