Full transcript (2540 words)
Hello friends, welcome back to my channel. This is Subasish. I promised you that we are going to launch
an option buying course on YouTube. I am going to give you end-to-end solution in this. First, you can see on the screen in the
video, what topics I am going to cover. It has psychology, money management, risk to reward, strike price. And after this, how to scale, how to increase scalability
on option buying if profit is being made. We will discuss in detail about this.
Some live trading is also going to be there. Just one request is that you need 100%
commitment because money is going like this. Losses are happening or you are learning
something new, then losses are happening. So at least you continue this whole series.
I will continue this video for you. Whenever 15,000 likes will come in this video,
then I will make a video on it next week. On the second part, then we will continue like this. First ask yourself as an option buyer,
why do you want to buy options? People also ask you this question again and again. Why trading? I am asking you in this way. Why option buying? Pause the video and think in detail. I know that 99% of people will have the answer that. Because money is less. Think yourself, why not stock, future, option selling, MCX or other things. Because there the cost of business is a little more. It is less in option buying. It means that everyone can come and do option buying.
If they have 5k, 2k, 10k or 20k That means you need more skills to earn money here. Many people have this misconception that you
get money very easily in option buying. This is the hardest way to make easy money. Because everyone can do it. Think yourself, if you are the owner of a store,
it will take a little less money for it. Compared to if you are the owner of a mall. If you are the owner of a mall, you can earn money from the parking lot. Or you can earn money by taking rent from the store. Because there is more money. But if you are the owner of a store, you have to understand this. You have to understand the game properly. You have to understand the psychology. You have to understand the probability. How the market works, how the business works. Similar in trading also, option buying also. You have to focus here. How does probability work? How does the risk to reward work? How does money management work? Where should you utilize maximum money? On which day should you be conservative? Until you learn all this, you will see money in the end. You will double or triple the money in a day. But in the long run, you will see that money going. Or you can't earn a sustainable income. Or you can't understand this game properly. You won't understand how money is earned in trading option buying. I have thought of 12 videos. I will add it after this if needed. We will learn in detail. Probability is the most important thing. Many people ignore it. They run after the setup. But once you understand probability, it will change your trading. If I give a small example on probability. Those who are already connected in the application. I taught you on the first day, learn to take loss. Learn how to take loss from the market. But I told you a condition. I didn't tell you any setup. I told you a condition. I will show you an excel sheet on what people have planned and traded. It will be interesting. Because you have to understand trading first. What is option buying? What is probability? Otherwise, you will do unnecessary things. In the end, money will be empty. If you look at the top of the screen. I told them 3 stocks. HDFC, Reliance, BPCL. There was no setup. No candlestick pattern. I just told them a time frame. I told them some conditions. I didn't tell them the risk to reward. I told them that you have to buy or sell. You have to hold all day. And you have nothing to do. I told them to do 5000 loss. If you do 5000 loss. Because if you trade generally, you will definitely make a loss. But if you look there, in the end, if you look at P&L. Not according to H, but you have to hold till the end. Even then 5000 loss was not happening. If you look at the sum here, it is of 800 rupees. But if you add risk to reward on it. Risk to reward in the sense 1 is to 3, 1 is to 2. Here you can see the sum of maximum profit in our trade. Which is 44000. But it is not so much end to end. If you get 10, 15 or 20, then it is enough. That means if you work on probability, then also money can be made. Those who have been added, they know. You can comment in the comment box. The exercise I gave you was so helpful. Don't worry, we will learn end to end in YouTube. I will tell you how to do scalability in a setup. What should be the money management? What should be the overall scenario? We will learn this in detail. But everything is done, your pattern is done. Price action is done or candlestick is done. Each and everything I am going to teach you in a longer time frame. If you want to learn free of cost, then there is a link in the description box. Those who are already trading in Fires, they can map their account. I will flash the code below. You can message the customer care and tell them to map in the code. If you are eligible, then you can check every month on the 5th. If you are eligible, then you can continue. You can see free of cost. Which is going to be very beneficial. If you want to open an account, then there is a link in the description box. If you become an active trader, then you can see free of cost. Like me, keep one point in mind. My trading career has changed there. Since the time I have worked on probability with risk to reward. I see the setup later. Probability in the sense, where is the most probability to work in the market. Option buying means momentum. The probability should be more to move in your favor. If it moves, let's say you bought at 11 o'clock and moved it till 1 o'clock. By that time, it may lead to volatility or time leakage. This happens for a long time. First it leads like this, then it does momentum. That means you have to find such a probability. You have to find the time frame where your maximum probability can be. It will move in your favor. After that, your money management and psychology should be in these details. Only then you can work in option buying. So, I will request in the first introduction video. Get ready first. It will take time. And stay in the game. You have to be in trading. If you are thinking that you have made something of 30 rupees. You have earned 300 rupees. But what about tomorrow morning? Tomorrow morning you are going to come in the market again. If you don't know how to trade properly, money management, and if you have greediness. Then this 300 will go in 3-4 days or 5-10 days. Many people earn money but don't know how to save it. For that, you have losses in net to net. After that, taxes, charges, and many other things come. Because of this, the net to net account remains negative. So let's understand first why it is difficult to earn money in option buying. First thing, time is against you. If time decay works against you, then it is difficult to earn money. Second thing, taxes and charges are over trading. You need more screen on time. Because if you don't see the screen, you will miss the momentum. You won't be able to trade. You won't get money in option buying. Second thing, you will get maximum profit in intraday. Because if you do positional, then the profit will go because of time decay. That means money management is right on top of it. Today your money is made. You earned 100, 150, 200 from intraday. But tomorrow, if your account was 10,000. tomorrow, it was 20,000 or 25,000. Today, you have earned 10,000 to 25,000 or 30,000. Tomorrow morning, you are going to trade on an account of 30,000. If there are losses, then it will be above 30,000. If the account is empty from there, then it becomes very difficult to recover it. Because you have already lost a lot of money. This is a big issue. How to do scalability? You must be understanding. There is setup issue, money management, psychology. Time, momentum, probability, risk to reward. After that, you will get profit. Let's say I will teach you how to drive. I will say that clutch, gear, accelerator, etc. You have to steer, the car will run. I will teach you in detail. But when will you learn? When you will practice it patiently, in a disciplined manner. Then you will understand how the car runs. After that, it depends on the individual people. How will they trade? How will they accelerate? How will they drive? Can't everyone learn trading in a similar manner? Or can't everyone process the same result in a similar manner? That means you have to focus on the individual level. How much disciplined manner do you want to trade? Often you want to earn profit in buying. Because there are many ways to earn money. I want to ask you three commitments in this video. After that, we will continuously upload the part. First, you have to start with less money. First, you need less money in option buying. You are not getting profit in option buying. That's why you are watching this video. That means if you have lakhs of rupees in option buying. It will be used in the future. But now you have to start with a couple of thousand. So that you learn by giving less money to the market. And when you learn, you can use all the money. Then you can recover or earn money. But don't think by mistake that if I tell you everything today. Tomorrow morning you will be able to double or triple the money. This never happens. Make sure it will take time. Everyone takes their own individual time. You have to be in the market to find that sweet spot. So the first commitment is that you have to utilize less money. Whatever I will teach you, you will utilize it with less money. The second is discipline. Discipline in the sense, whatever I will tell you. You will follow in a disciplined manner. The day I told you to learn to take loss. People will find it boring for one or two days. But when they see the result for 10 days. It will definitely improve. Because trading is a long term game. You have to put in new efforts every day. Today let's imagine you have learned all the rules. But tomorrow morning the market can come in a new condition. Some extraordinary scenario can come. So for that, you have to have a plan in advance. So until all these things are not aligned. It is very difficult to earn money in option buying. So after that, discipline. The first thing is that you have to start with less money. The second is discipline. The third is to plan for a longer time. It may take 3-5 months. Keep in mind that you have to practice option buying for 3 months. Then you will see the result. People think that they get money very quickly. The first thing is that people do option buying
because they get money very quickly. The second is that you need money very quickly. If you get money today, then you will get double the amount. So you need this kind of trade. The issue with this is that even if you earn money. But in one wrong trade, all the money goes. Then you have a psychological issue. If that money is an emergency, then you do a wrong trade. 10,000 goes, 20,000 goes, 1 lakh goes. Then you put more money to recover it. You take a break for some time. If you are going through this process, then it will be very difficult. Initially, bring less money to learn in the market. Then what will happen is that if you learn to make a loss. Then you can recover that money easily with more money. Keep enough room that the money should be recoverable. It is not like you have lost in crores and then you are learning in thousands. It is going to be very difficult. The second is that you have to learn to follow the rules. Because the market is a random place. The market moves according to the mass psychology of everyone. You cannot predict what is going to happen at any time. For this, stop loss, risk to reward is most important. In option buying also, in trading everywhere. So, discipline. Third, think for a little more time. I will focus on a setup for 3 months. Like I told you in this. I will tell you one setup, everything will evolve around it. First, I will correct your psychology. Then money management will be there. Then we will see risk to reward, some live trading. We will see previous data. If it had been traded, how much money would have been earned. We will see all these details in the end. How to scale? I will tell you about this too. Because as you know, I used to buy options first. Then stocks, future. Then I started selling options. So, I will tell you in these details. Which will make your journey a little smooth. If 15,000 plus likes come, then after this series is over. I will make a video of option selling. If you are interested. If you want the second part of this video. If you want this series to continue. Then like the video quickly. Share and subscribe to the video. Because a lot of people struggle. Keep looking for setups. You get a setup. But they don't know how to manage it after earning money. Then money goes away because of it. So a lot of things matter in option buying. Which we are going to learn slow and steady. We are going to learn week on week basis. If 15,000 plus likes come, then we will continue the next video. That's all for now friends. Like and share if you like the video. Thank You.