Only for Option Buyer -BANKNIFTY : MY TRADES

Hello There,

I would like to share my MAY 2022 Trades with you (calculation is as per 1 lot) : I started with 1 lot (6 month back) and have increased lots to 3 now (From Feb onwards).
If you notice, I did not Buy any CE though marked also gave good movement in Bull side as well BUT as I told you Phycology and Trend is important in market.

Date Trade Strike Buy Price High Sell Price RR - 1:3 Points
4-May PE 36200 341 1097 1023 1023 682
5-May PE 35300 310 950 930 930 620
9-May PE 34100 351 360 230 1053 -121
11-May PE 34700 360 620 340 1080 -20
17-May PE 33400 361 380 245 1083 -116
18-May PE 34600 349 1218 1047 1047 698

1 Lot Total Loss point = -257
1 Lot Total profit points = + 2000

Someone told me in past "You will never make money with option buying, you have to start option writing"
It took me 2.5 years (approx.) to figure out my failures and market behavior and today I am proud that I have started earning with only option buying.
I was following someone (do not want to share the details) and I was admire there work because that person always used to say that " I am sharing my ideas to help people and society" but slowly that person started paid classes and paid membership. I asked that why you are asking for money and that person said " everything that I did is for money". I felt very bad that day and decided, the day I will start earning and able to figure out the little about market I will show that person that no everyone wants to share information and Ideas for money.

My intention are not here to sell any course after sometime or start any paid membership It was a promise which I did to my self to help every option buyer trader and I think its time to fulfill it.

I would happy to answer if you have any question about option buying or how you can improve YOUR option buying strategy.

Regards,
Anonymous