
An introduction to the course and the basics
In this video, I'll show you how I set up the chart before taking a trade. Its very important to understand the technical indicator used in this video so please do watch and learn attentively.
Every concept should have proof behind it. In this video, I will explain the entry points via simulation trading and how the profits are made.
If you are looking to increase the probability of winning a trade, this video will show you how to decide which strike price to buy at what risk.
Apart from position sizing as explained in the previous videos, its important to also manage the risk by covering the hedge strategy just in case the market is not moving in your favor.
In this course, you will learn how to hedge option buying where the risk is limited and the earning potential is maximized.
Trading in options can be very risky and the position sizing should be calculated as per your risk appetite.
Novice options traders tend to get carried away with a few winners and look to start taking bigger position sizing which can work out to be very expensive if the market moves in the other direction.
Its important to note that the risk should be planned as per the capital.
NEVER....again....I stress....NEVER use all your capital and NEVER leave a position unattended for too long.
Always keep note of the stop loss levels and don't hold a losing trade in anticipation of a turn and recovery.
Markets are not a 100% guaranteed earning arena for any trader. There will be days of losses and you will have to decide before hand how much you are willing to forego.
I hope you make the most of this course.
If you do have any doubts or would like to seek clarifications, feel free to email me and I will do my best to address your queries at the earliest.