Futures and options are designed to induce greed by giving carrot leverage and eating your capital.
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It’s not always greed. Someone told me about options trading in June of last year. I didn’t even have a demat account and didn’t know anything. I watched videos on youtube and started trading. I lost about 20k on the third day of trading and all I tried to do was get that 20k back and I kept losing until I finally lost about 3 lakhs. I took a break for months, watched a lot of selling videos, interviewed experts on this forum, and started selling with limited capital. I make around $750-1200 for a few days and then lose 4k-11k in a single day in a one-way motion as I’m still trying to find adjustments. Combo shorts came as a relief for a few days. Carrying even that in a considerable loss today for tomorrow in a hope. All I want is to recover my loss by earning small sums and leave in peace. I never had the opportunity to feel greedy.
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It’s not always greed. Someone told me about options trading in June of last year. I didn’t even have a demat account and didn’t know anything. I watched videos on youtube and started trading. I lost around 20,000 on the third day of trading and all I sorted…
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