


It didn’t take me too long to sign up for the challenge. To my surprise, he responded almost immediately. I messaged him shortly after asking for his opinion on a few points.

I read his book on a recommendation by Amazon. I still wasn’t making money, but I sure knew how I was losing it. Wiser and poorer, I invested in options books and started poring through Black Scholes and greeks and all the related jargon option traders love to hate. This started my love affair with options trading, and like all new chefs who buy a shiny knife, it didn’t take long before I cut my hands. Until I realized how much I was leaving on the table or how much more profitable and less risky my portfolio could be with options. Stay objective while you are learning and paper-trading is the best way to do it.īefore I met Nishant, the stock market for me consisted of a very simple strategy – buy a stock and hold it for eternity, It didn’t matter what price it traded at, it didn’t matter what day I bought it at. Putting real money into trading brings emotions with it and emotions cause people to make mistakes.

In fact, this is the reason why I tell all our members to take their time, try to rationalize it yourself, or wait for a day and see how it plays out. So you will notice that after putting on a trade the stock could continue to go against me for 7-10 days. My general mindset is to go against any kind of knee jerk reaction whether it is to the upside or the downside while keeping the dominant long term trend in mind.
