Began dabbling in IPOS in 2004, slowly migrated to shares. Trying to not to lose money in fno since 2009! Normally failed traders become investors. This one is different - a failed investor trying to learn trading. :))
@r m That's a good experience. I think you trade in options regularly. I was backtesting some data about option premium. I came to a conclusion that it was better to sell option premium than buy for positional option trades. What is your experience with this?
My trading experience with options has been a "dukh bhari kahani" but that may be because I was a buyer all the time!
I did a screening of past three years data on option premium and found out that if one sold a strangle at beginning of expiry and went to sleep till expiry, one would have ended up with a decent 20% annual returns on maximum margin required. This period included the steep fall in 2008 and vertical climb in May 2009 when supposedly the writers went bankrupt.
Just goes to show that tortoise always win the race ultimately. :))
Good Morning Anuj!
ReplyDeleteAnuj,
ReplyDeleteGood morning,
Thanks for update.
Good Morning all
ReplyDelete@r m
how long you have been trading/investing?
@Anuj
ReplyDeleteBegan dabbling in IPOS in 2004, slowly migrated to shares. Trying to not to lose money in fno since 2009!
Normally failed traders become investors. This one is different - a failed investor trying to learn trading.
:))
did anyone try using algo-mentor.com working with the UK market ? I know/heard they cover the US market but not sure about the euromarket.
ReplyDeleteTnx,
Jay
@r m
ReplyDeleteThat's a good experience.
I think you trade in options regularly.
I was backtesting some data about option premium.
I came to a conclusion that it was better to sell option premium than buy for positional option trades.
What is your experience with this?
@Anuj
ReplyDeleteMy trading experience with options has been a "dukh bhari kahani" but that may be because I was a buyer all the time!
I did a screening of past three years data on option premium and found out that if one sold a strangle at beginning of expiry and went to sleep till expiry, one would have ended up with a decent 20% annual returns on maximum margin required. This period included the steep fall in 2008 and vertical climb in May 2009 when supposedly the writers went bankrupt.
Just goes to show that tortoise always win the race ultimately. :))