Results 1 to 5 of 5
Looking for a mentor in option trading
I am very new to option trading. I have read many articles and viewed videos regarding option trading but still i am afraid of trading options because my lack of full understanding of options itself. Before putting my real money into option trading i want to carry out paper trading with NSE pathshalla. But I am not able to fully comprehend the concept of options? eg what strike price should I use for a trade. Option trading is one of the most confusing concept in the market.
Can anyone with option trading experience will mentor me or others like me (using NSE pathshalla) to teach about option trading ?
Example (long call stragtgey): the mentor would recommend buy call option for certain contract (ACC nov ) with a strike price of x and tell us why we are using this strike price and when is the best time to square off.
I just want to learn the basics of option trading by experience from a professional trader.
i want also option
very hard to understand
You posted: The mentor would recommend buy call option for certain contract (ACC nov ) with a strike price of x and tell us why we are using this strike price and when is the best time to square off
Now kindly read this:
No member can post trading calls, give buy/sell recommendations, post price targets or any such opinion related to the price movement of any security or an IPO listed or to be listed in any of the exchanges in India.
which you will find here: http://www.traderji.com/rules.php
So you ask for a conflict between violating forum rules and on the other side doing teaching the way you ask for.
In your example you already point into the direction of otm, atm and itm options, but you seem to not know this.
Never mind and I by my self did not even know such things when starting with options.
I would recommend you to read certain threads here to get such basic and even more advanced knowledge about options. Threads which are for studying and with the knowledge you gather you will be able to make your own decisions which options you want to choose for your trades.
Do check this option section here in which you will find many good threads about option trading.
What about opening an account with a broker who offers option trading in India and then use the demo account as long as possible? In this way you would have all the tools for free which at least that specific broker would offer.
