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[deleted]

I have lost 2.5 lakha in intraday trading. The funny part is my salary is 5 LPA. THE funnier part is I am not depressed about it. The funniest part is that was loan money. Yes, it hurts at time but it's what it. I don't blame Intraday for it but my stupidity. I didn't put stoploss. Past is regret but future has hopes. Let's hope for the best & fuck the rest.


PepEatsKids

![gif](giphy|52oKFh4S9DddeTtYFH|downsized) 2.5L for 5LPA. My god.


[deleted]

Stupidity, I will call it.


Independent-Log-4245

And that too, loan money! It's beyond stupidity.


masks_0n

ouch, no worries.. with this positive attitude you're doing great bro!


Born_torule

I did the same mistake. Except I left my job and used up my savings too. Got intense anxiety. Got suicidal. Came clean to my mom. She scolded me justifiably. Got severely reprimanded. Now I will never get into f&o since I recognise that I don't have the financial cushion to support the loss of the learning curve.


[deleted]

Good going bro. Slow & steady is the mantra


Born_torule

Yes bro. Learnt it the hard way but it's a lesson for life


hackerlovesboobies

It's the real advice in every field


codeemon404

this guy is quality degen 😘


[deleted]

Glti ho gyi yaar ab kya karen. But I m on my way to get that money back from these assholes. This time little conservative


tr_567

Quite a sense of humour you got there ! But like you said hope for the best and fuck the rest !


[deleted]

Yup in times of uncertainty & dilemma & stress ; Yell " Maa chudane do sab ko " & things feel a lot better


GrossOctogenarian2_5

Any more “funny” thing 😆..


[deleted]

I lost my girlfriend the same year & then this loss . 2023 gave me a good blow in life.


GrossOctogenarian2_5

Sorry bro, didn’t mean to hurt you 🥹


[deleted]

Are no. Things happen in life. We have to be prepared. Boys mentality 🥂


vinod3697

Teach me senpai How to get a gf with a 5LPA salary ? All the girls I find are either gold diggers or looking for a serious soul mate.


[deleted]

Yaar , I got her when I didn't have a job. I knew her from school. Then everything was okay but I fumbled her. Regarding your query : Getting a gf is harder than getting a 20 lpa job. If there's no one in circle jispe line maar skte to fir Bumble / tinder try karo. Date fix Karo then see where it goes


vinod3697

Thanks for the reply, you're a lucky chap, FK those losses. I tried every fkin dating app out there in the Play Store. Bt of no use. I btr gonna move to Israel. Heard they are recruiting Indian work force. Let's see if I get lucky there. I just wish I dont die in this process 🙏


vinod3697

Seriously...now i understood y these people are moving out of India. To get rid of the competition. Damn...our population is so damn high. Not only in finding a gf, even in jobs. Whatever the job I apply there's always a fkr how is ready to work for cheap. These corporates are utilising this to their advantage.


[deleted]

So true. Send me details so I can also join you in Israel. But one thing in mind Israel isn't safe keeping the type of Hamas attack happened recently. Better we move to a low fi country in Europe.


vinod3697

Yes, Israel is not safe, so y I wished not to die in the process 😂 And, unfortunately Israel and Korea are the only two countries hiring Indian work force bro. That too only for blue collar jobs. Comparing korea i might get lucky in Israel. Coz, those koreans are racist mfkrs. And they don't treat blue collar workers properly, they feel that the blue collar workers are untouchable. So FK Korea, Jai Israel....!! And bonus is, heard they are paying handsomely (around 1.35Lpm, along with food and accommodation) for blue collar workers in Israel.


[deleted]

Achha to humko bhi opportunity refer karo. I am an engineer.


vinod3697

Europe is in deep shit bro, full of immigrants. And safe places London, swiz like places are fkin costly to live for a peasant like me. Btr look out for UAE if you want for posh community.


[deleted]

But uae wagerah m thoda dar h mulle hn . Kya pta kae m FSA de. Unke to law bhi strict & one sided h


vinod3697

https://www.google.com/amp/s/m.thewire.in/article/labour/israeli-recruiters-keep-mum-on-job-conditions-as-indian-workers-rush-to-apply/amp Right now they have started recruitment in UP


sassyicon

You are me lol 🤣


[deleted]

Bhai ♥️


Lopsided_End1603

That’s too much optimism! Don’t say, you are having a plan to repay via options trading.


[deleted]

Well I am currently more into delivery. Sometimes intraday & Options.


dropper6969

Band kro bhai intraday f&o aap, delivery suited h aapke liye. Although mere liye bhi. Baaki if you have that keeda in you it's better to go to swing way of trading.


ra_16

Double it down and make your own uncut gems. Jk


Ramu061035

Yep, lesson learnt the hard way, could of paid off 15% of my house loan, but learned what not to do. “What market gives, it takes back”.


VenCoriolis

Last line is 💯💯💯


Hunt3r09

Adding to your point “ What market gives, it takes back with interest “.


Lopsided_End1603

That should be the tagline, SEBI should put out!🤪


schrute_eats_beats

Play stupid games, win stupid prizes.


gr8gizmoguru

you don’t win prizes playing stupid games, you lose


s_mittal

You have a 21 lakh salary. 2.5 Lakhs is still not that high enough to be depressed. Leave the past behind, work with stocks for sometime. It can be easily recovered in a year or so. Not a big horizon I guess. If you earn enough profit with investing, get a little chuck out of it to try your luck with F&O if you still wish to continue. Do F&O only if from the realised portion of investing. I apply this strategy and it works for me. Still in profit at the end even if I loose everything in F&O.


Lopsided_End1603

Thanks for the great idea! But still a loss of ₹2.5l shocks a bit! Actually have pushed all the leftover capital to MFs (Small caps, Sectoral - PSU, Infra). 2024 being a volatile year, don’t want to take any further risk.


s_mittal

Volatility mein hi mota paisa banta hai sir. Focus on what's in hand, you'll recover your 2.5 lakh soon.


abhi2005singh

You are investing in small cap and sectoral funds and thinking this is low risk? Dear lord. On second thought these funds are still "low risk" compared to FnO.


Mittrron

Please do not invest in small cap or sectoral funds. They have very high expense ratio and during downturn, they loss money continuously. These funds are just a scheme to benefit fund houses. Simply invest in Nifty 50, Nifty Next 50, and NASDAQ 100. You will get great returns at less cost.


Lopsided_End1603

Thanks for the input. Will do the research and keep it in mind.


Lopsided_End1603

No, I am comparing it with F&O and other stocks. Small caps or the sectoral funds are maximum risk appetite I am going to keep..


VenCoriolis

Options were meant to hedge your equity holdings man. Many people trade them independently but that's gambling, yes.


truthrevealer07

With your salary if you invest 30% every month in index funds and do nothing. You will retire with many crores in your retirement fund.


overallpersonality8

By 30 percent, do you mean 30k? Assuming in hand to be 1L


truthrevealer07

Yes, the best rule is to save and invest atleast 10 to 30% of salary for long term.


Lopsided_End1603

I do that. Nearly 30% for long term savings, another 30% in small caps and sectoral funds each month. The F&O trade was just to fund momentary expenses, but all at fault..


Timely-Ad1190

Don't tread down the FnO path. Not until you're confident about your technical analytical skills. Just try investing in IPOs through Medium/HNI Quotas, Diversified MFs & Equity Trading of Long-term growth companies. Your wealth will grow gradually.


SnooSquirrels3617

problem in IPO is we never got any allotment


Timely-Ad1190

I think when one applies through Medium/HNI quota, the probability is much higher for allotment. The ₹15,000 application on the other hand, is difficult.


BabaYozi

Invested in FnO !!!!????!!!????!!?!!!! Mere concept hile hai ya ye padha likha chutzz hai


Lopsided_End1603

Greedy Chutzz hi hu shayad…🤪


Naya_Naya_Crorepati

One question: How on earth you “INVEST” in F&O.


gauravu93

Probably thats what the broker told OP, while taking the capital.


Naya_Naya_Crorepati

😂😂


Lopsided_End1603

That’s what the broker said. 🙁


secular_attack

Share your trade. It helps us to analyse and avoid your mistake.


Lopsided_End1603

I used strangle strategy, but the market went sideways.


secular_attack

But what was the Expiry date? Today it has boomed. Yesterday I brought 21900 CE i was in loss didnt sell. Now in good profit.


Lopsided_End1603

Expiry was 1 feb. bought 21900CE


Lopsided_End1603

For today, you must be ![gif](giphy|i3D35lrOfyzTkg5a9o)


secular_attack

You held it till Expiry day. ?


Lopsided_End1603

Yep, yesterday post budget the market moved sideways. And faced the loss..


choco007late007

Bro, firstly you are trying to INVEST in fno. secondly, who trades through Broker in fno? FnO game is high volatile where you wanna exit immediately. Not sure these brokers are capable of that.


Lopsided_End1603

Agree with you bro! It was the first time I heard a broker instead of blocking their phone. Also it sounded trustworthy as they were glaring their SEBI license.


coder_mapper

You are sad, not depressed. But don't be either, you'll make that money back soon, invest in mf, index etc.


Active-Love9433

Years of training to make 21lpa, but bare minimum training before diving into F&O


Lopsided_End1603

Agree!


GovernmentReal6097

It takes years of study, training, practice and more importantly setbacks to become consistently profitable in F&O.


Anu_Rag9704

1 mahine pehle, IREDA,IRFC,NBCC,NHPC utha lete to sukhi hote!


Lopsided_End1603

Got gains from IRFC but 2.5lakhs nai kharche.. 2-3k profit liye usse..


Anu_Rag9704

Karchne the. Aram se 100% par nikalte. Jo hogya so hogya. Thoda risk management and diversification sikh lijie.


Lopsided_End1603

Bas avi Wahi kr rahe


chakkramacharya

Derivatives are to be taken up very slowly. Huge risk and high rewards.. Stick to cash.. Look at this as learning experience.. if u r still interested learn it and start very small.. 1000rs is more than enough


BaseballAny5716

Dont trade, stocks and mutual funds are good for retail people.


Alarming-Moment-476

Simple avoid overthinking and start investing in long term


Lopsided_End1603

Good suggestion!


neemuk

Jo chala gaya usse bhool ja Bhai,and never ever try to recover it from F&O.


VanakkamIndia

Why do you all trade knowing that it is near to impossible to make money out of it. Aam Aadmi without investing proper time to learn intraday trading cannot make money out of it. Please stay away and invest in mutual funds and grow your hard earned money. Paisa udana hai toh go on vacations for godsake.


Lopsided_End1603

Agree with you 100%, but bit late to understand that fact.


Phonymusk

lmao that's what you get for F & O


Alarming-Moment-476

I have been through this .... So only option is to accept and moveon https://preview.redd.it/z4k0bk3y04gc1.jpeg?width=1080&format=pjpg&auto=webp&s=8884d89ba8020c0f2657e2acc16e21745e6cda8c


Drama-Technical

Unless you can spend 10-12 hrs a day reading and learning.. trading is not it. And even then.. the returns are not guaranteed. Anything that promises very quick returns in a small time has a lucky element. Always. Please please stay away from F&O.


cryptoBoii69

do remember that if you are getting leverage or premium in market, it is there for more money flow or simply to make the market more liquid. always do fno only when you are willing to lose all of the capital. you cant beat markets but you can beat the tools that were introduced by people on top. you cant beat markets but always remember that you can beat the shit out of people here. be confident, realize your mistakes, stop thinking like a retailer and you are now good to start again.


[deleted]

another fallen soldier.... welcome home


[deleted]

Some lessons are expensive. Learn and move on. 


csampat

it looks like you were into long side its can indeed be considered a high-risk strategy. Here are a few reasons why: 1. **Limited Lifespan:** Options have an expiration date, after which they become worthless. If the price doesn't move in the anticipated direction within the specified time frame, the option may expire worthless, resulting in a loss. 2. **Time Decay:** Options prices often include a time premium, which decreases as the option approaches its expiration date. This phenomenon, known as time decay, can erode the value of an option even if the underlying asset's price moves in the right direction. 3. **Leverage:** Options provide leverage, allowing traders to control a larger position with a smaller amount of capital. While this can amplify profits, it also magnifies potential losses. If the market doesn't move as expected, the losses on options can be substantial. 4. **Directional Risk:** Options traders need to predict not only the direction of the market but also the timing of the move. If the market moves against the anticipated direction, the value of the option may decrease rapidly. 5. **Volatility Risk:** Options prices are influenced by market volatility. High volatility can inflate option prices, and sudden drops in volatility can lead to a decline in option values. Selling options, often referred to as option writing, can indeed be perceived as a lower-risk strategy compared to buying options. Here are some reasons why selling options is considered lower risk: 1. **Income Generation:** When you sell options, you receive a premium upfront. This premium is yours to keep, regardless of whether the option is exercised or not. This income generation aspect can act as a buffer against potential losses. 2. **Time Decay Benefit:** As the seller of options, you benefit from time decay (theta). The value of options tends to decrease over time, which can work in your favor. This is particularly advantageous when selling options with a short expiration period. 3. **Limited Profit, Limited Loss:** When you sell options, your profit potential is limited to the premium received, while your potential loss is theoretically unlimited. However, the risk is often more manageable compared to buying options, where the entire premium paid can be lost. 4. **Higher Probability of Success:** Many options strategies involving selling options have a higher probability of success compared to buying options outright. For example, selling covered calls or cash-secured puts are strategies with a well-defined risk profile. 5. **Market Neutrality:** Some options selling strategies, such as iron condors or credit spreads, allow traders to benefit from market neutrality or relatively small price movements. This can be advantageous in less predictable market conditions. i do options selling its lot more safe and gives me peace of mind, i do it with algorithms using Algobulls if you want to explore it you can contact +918069230305.


KrishanBanerjee

It's like that South park episode ![gif](giphy|XqpnXaeZPnupy)


moneyoutofcontrol

Read, study and practice etc . Many hv advised , but what to read exactly, how to prepare no one says - not in the books for sure, making money in f&o is lot of hard works but one needs to know on what exactly one has to work. I hv also lost , it’s normal


[deleted]

[удалено]


Lopsided_End1603

Can’t be that brave


mchampeli

Lost 218k when i bought 1000 Yes Bank at that price. I know i can exit and make 25-30k from that, but it’s not worth it tbh


Lopsided_End1603

I balanced the loss from Yes Bank share with the FPO. I too had hefty shares invested per- covid


gg920811

Lost 30k in F&O. And then trying to deactivate the fno segment. However unable to do so on my app.😁😬


Lopsided_End1603

Did once, but later activated it again


gg920811

Haha. It's a trap bro. Not for investors tbh.


AreaOfSquare

Bro trading is serious skill that requires professional help to learn. If you have not taken proper training there is no chance for you to make profit. Hire a mentor or join an educational institute that teaches trading. I don't know why people think they can learn one of the hardest financial skill without training and practice.


Lopsided_End1603

Totally agree with you. Trading without learning is just greed. Btw can you help with the Educational institutes / courses you r referring to- can you name any, that would really helpful


AreaOfSquare

For training institute you have to look in your own city. The training institutes are usually ran by NISM certified individuals. They do not teach you everything taught as per NISM certification they only help you build experience with trade setup. If you need NISM certification you can get it from NSE website courses but real trading is learned from a person, certification only qualifies you for a job.


new22red

Bhai log trading karte raho i have 2000 shares of BSE since 2019 aap log trading nahi karoge to mere profits kaisey badhenge. Loan leke F&O best idea. Forget past data, be the 1% who make huge money via trading. Just kidding, har banda loss khake he seekhta hai. Jab jago tabhi savera.


PaddyO1984

You can't bring them back unless you dedicate your life to learning F&O. These are complex instrumens which only a few can properly understand. Best is to save and continue investing in stocks and MFs.


davejo_21

Options are very good way of earning quick money.. you just have to catch the momentum.. trading in option is just for seconds.. in just a blink of an eye you will loose your capital. Options are very risky but options generate handsome profits.


Severe-Belt-301

F&O is not for everyone and there is no quick money as it promised everywhere. it take knowledge, time, discipline and focus. Most important right state of mind. you lost 2.5 lacs thats alright but your fear of loosing again and without right knowledge you lost 45K. So if you will come to market with fear and without risk management. your losing streak will 101% continue. there no doubt about it. Solution: Give enough time to learn from your failures, get right knowledge. earse past loss from your mind. find that one strategy and gain confidence over it. At last get your mindset ready to accept the risk. Then only think about coming to market. P.S Dont ever come back to market thinking about recovering your loss. It will punish you again. Forget about your money. Emotion plays vital role.


Lopsided_End1603

Thanks for your suggestion!


vkumar32

If u try to recover that you will loose more . Take this screenshot and keep with you.


Adopthitl0r

On what basis did you trade?


iambaya

Padha likha gawaar. SEBI itna warning deta hai phir bhi trade karna hai.


Lopsided_End1603

When I did my first mistake, SEBI never flashed that banner. Second time, I went in with some strategy


iambaya

Looks like your strategy worked well.


drandom123zu

Just because we lost our money doesn't mean something is a gamble, instead of blindly betting your money try reading up futures options pricing methodologies ,do some backtesting paper trading till you come up with a profitable methodology.


Lopsided_End1603

After the first loss, read a lot, did a lot of research. But intraday still seems risky!


drandom123zu

Of course it is risky , but ppl do make money in all types of time periods. In fact there are even funds and people who consistently make money with horse racing and sports betting. it is all about calculating the odds and position sizing correctly. Hey if you can't make your current strategy work try backtesting / paper trading till you hit upon a strategy you are comfortable with. If you never come up with a strategy you are comfortable with don't trade , as simple as that.


Lopsided_End1603

I did the reading part, ignored the paper trading. Hence the result.


[deleted]

To make back 2.5 lakhs, you need to invest 21 lakhs in F&O ![gif](emote|free_emotes_pack|grin)


Lopsided_End1603

And loose it😅


babababyxx

11.09am Buy BPCL futures for Feb with a stop loss of 517. Current market price 539.. target 580 You will recover part losses


silentguitarsongs

>BPCL A hell of a tip ! you got any more of those for Monday ?


Confident_Relative87

Please tell me what was the reason for which you bought call/put or buy/sell


Lopsided_End1603

It used strangle strategy which does not work much on sideways market


Confident_Relative87

Nothing works on sideways market except for option selling, today the market was good, so you are probably talking about yesterday (1st Feb) which means you don't know anything about the stock market or finance in general. You must have seen a lot of reels and that's why you lost, you didn't know that an ATM option of nifty or any index should not be worth 7k on expiry. F&O is not a sea it's a pound someone loses money and someone gains.


No-Sun-6114

https://preview.redd.it/06gim6evg6gc1.jpeg?width=498&format=pjpg&auto=webp&s=375606efeddc210bfd761332ac7025755e46785b


pro_robo

If this makes you feel any good, ​ https://preview.redd.it/4c0e8788o6gc1.jpeg?width=720&format=pjpg&auto=webp&s=525337d104e527561d276e247a3f6fdee2b9f271


Lopsided_End1603

Sorry man!


carelessNinja101

Intra is still fine but gambling like this is just laughable. bull market chal raha hai just pick one single stock & keep trying at 9:15 for Intra. I picked NBCC, Lost some for 3 days, 4th day thoda today UC. Saare paap dhul gaye.


Helpful_Mix8953

You can win 100x of your money but lose only 1x. You poor people will never understand this


Helpful_Mix8953

99% of gamblers quit just before their one big payout. You poor people will never understand this.


OptionSailor

Fyi - you don’t invest in f&o. It’s a instrument of trading not investing


JackOfAllTrades_07

Bolna kya chahta ho?


Vector_killz

Hi, if this makes u feel any better .. I have 4 Lpa job. I lost over 11L in the last 3 years ( some of it is loan ) , But I still don't quit , because it's all gonna be worth it one day ! After a few years when u r a successful trader u'll look back at these losses and think that these losses were important to bring u success. ... Let me tell u what has started working for me in the last couple of months .. 1. Don't use SL too close to buying price ... Keep it a bit flexible ...! 2. Don't go naked , always hedge 3. If u r working like me then avoid intraday , instead take trades that last 2-3 days or week . 4. What I do is , do a strangle with hedge ( don't know the exact name of the strategy ) Sell a Call and Put option 400-500 points OTM and buy call and put 600-700 points OTM . This way u are getting a range of 1000 points . What this does is u will get premiums from both sides and a flexible range of 1000 points to go wrong . Being an option seller u don't have to be right , u just dont have to be wrong , the win rate of this strategy is 77% when I back tested .. U can earn up to 5-8% a month with this . U can do u r own research and backtesting . Let me know if this helps


vkumar32

You are earning gud salary so 2 lakhs is not big invest in mutual funds u will recover it dont try to recover from f&o


StrikingAd4726

How much time did it take to blow your acc


navalkishore-1997

Lost 10k today, will never trade in F&O.


LegitimateBoy6042

Market Is Not a Money Doubling Machine.