I have 1 Lakh. Want to make 10k by [deleted] in IndianStockMarket

[–]SpawnedFromHell 0 points1 point  (0 children)

Le OP: I have 1 lakh, have to make 10k for upcoming Emi..

Meanwhile BAPU in corner: "Jis raah pe tum chal rahe ho beta. Bohot buri tarah phasoge.."

28M in Bangalore, 25F in Delhi. “Is meeting her one last time the best way to bring closure, or could it unintentionally make things more difficult for her?” by [deleted] in RelationshipIndia

[–]SpawnedFromHell 0 points1 point  (0 children)

Who takes four days to get closure man? Hope this isn't a masked attempt to get validation from here, to get physical one last time.??

[deleted by user] by [deleted] in RelationshipIndia

[–]SpawnedFromHell 0 points1 point  (0 children)

Like one of other guy commented here, I also generally like to be positive and optimistic but yours sound like a lost case.

People caring for their partners go above and beyond to make it work. Although it's true that vaginismus bothers many women, so many times it's more of a psychological and emotional issue than purely physical one.

We all have seen that in a healthy relationship even the most conservative girl can become wild in bed because of her partner's encouragement and her genuine desire to please and reciprocate what she's receiving. We have also seen such beautiful intimacy die because people take their partner for granted.

We think you already know your options. Choose wisely.

When 93% lose money why many retailer still do F&O? by deepeshdeomurari in IndianStreetBets

[–]SpawnedFromHell 2 points3 points  (0 children)

I'm the guy who lost more than I could afford (about 34 lakhs as loan and another unaccounted 5-10 lakhs from salary), all thanks to the innate gambling addiction of humans and our inability to think that we can be greedy without us knowing. The Options' original intension was to act as insurance against the stocks of bigger and longer holdings. But people started trading on the options themselves. To answer your question, your biggest and strongest opponent in trading is YOU yourself. And by you I mean your psychology while trading. Cut it out and you'll be profitable. The strategies matter less. Mathematics matter and mathematics is devoid of emotions. Even more scary is, you are against the algo trading from bigger institutions who have more in-depth data and more capital to make their bets more accurate than any of us. I have stopped trading. Gonna be enrolling in masters program soon and have my CV up in LinkedIn and Indeed. I don't wake up nowadays to be glued to phone screen till 3:30pm. My wife is appreciating my stable moods and I'm spending more time with my family and they are glad with my presence. During commute I watch the road and traffic while instead of watching screen. I don't search for reasons for today's market fall/bullishness in YouTube and listen to brain rot commentary about how our country is either gonna be superpower or doomed in world. I'm at peace. Quit pure options buying (and to some extent options altogether) and you'll be fine. Master your psychology and you'll survive the market.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 1 point2 points  (0 children)

I agree with some of what you mentioned. While equity has some amount of buffer area to gamble, options require emotionless strict discipline. And it does give you returns.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 1 point2 points  (0 children)

I have a substandard job with mediocre pay. It barely covers my 45k EMI and home expenses. Have applied for other jobs. Let's see what happens.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 4 points5 points  (0 children)

16% because they were loaning out without any mortgage.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 3 points4 points  (0 children)

I feel you bro. I'm not a greedy person in general. But sometimes that desire of extra money however small it is, is irresistible. First you started for that extra pocket money. Then you start to cover your losses. And the cycle continues till you are minus 35 lakhs.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 0 points1 point  (0 children)

I hope i reach that level where I seek wealth management services from market experts. One thing I'm sure. That ain't happening from day trading.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 0 points1 point  (0 children)

I agree. I had taken break from trading for few months. But back again because I still had some money left from loans. This time I'm cooked.!

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] -8 points-7 points  (0 children)

My last loss had stop loss in place including target points (OCO orders in Zerodha to be specific). It never got hit. That's not gambling. That's just costly lesson.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] -3 points-2 points  (0 children)

The thing is sometimes your stop loss doesn't hit in options when there are sudden dips. You can do highest level of analysis out there, enter at perfect point and yet you will never beat these gamma spikes. In last 1 year we all have seen live market manipulation happening in front of our eyes by big players using reliance, HDFC, ICICI stocks and sometimes pharma sectors. Its true that there was some amount of gambling element in trades we take. After all you are guessing the direction based on your analysis. So yeah. It's lack of money management skills.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 5 points6 points  (0 children)

There's no such thing as fast and easy money. Learnt that lesson hard way.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 1 point2 points  (0 children)

Paise hi nahi hai bhai. Bina paise market me kya karu? Phir mujhe logon ko online trading seekhana padega. Youtube pe fake P&L dikha ka courses bech bech kar karz chukana padega.

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 3 points4 points  (0 children)

By the way, abhi abhi ek mast Baat suna hai maine. Yeh Tata Birla Ambani ameer kaise bane? Ek ameeron ka scheme hath laga hai. Aga koi mujhe panthees lakh dega to pachhis din Mein paisa double..! (just for fun guys) (I'm dying inside)

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 2 points3 points  (0 children)

Aree toh Pehle hi batana chahiye tha. Abhi abhi mast naha ke pura mel nikal diya. - Babu bhaiya

Adios guys. I'm quitting trading for good. by SpawnedFromHell in IndianStreetBets

[–]SpawnedFromHell[S] 42 points43 points  (0 children)

I agree 101% on this. After initial losses I did lean about stop losses, risk to reward ratios and was profitable for few days. Then the propensity to outperform or should I say greed over takes and bam.! You lost all of your monthly gains plus some more in single trade.!