Thread by @Jagdish_M23

Thread About of My Trading Journey #3years
I placed my 1st intraday Trade on 12-03-2020 it was ITC trade😀 it was random trading as newbie news based, Calls based trades. I was not aware about trading system, Risk management nothing and I lost 64 K in 1st month on 1 Lac Capital.

Side by side I got to know about F&O through some Youtube channels, Started my hands their too mostly it was all about random scalping trades without system and some cash secured puts and this was the period between June 2020 to Dec 2020.

That time I did not even realise that market has crashed and recovery has started and my cash secured puts gave money but it was over trading and call based. I was trying so many thing in this period.

In November 2020 I was introduced to @SquareoffIn after reading @kirubaakaran post about systematic Trading on Quora platform and simultaneously I also started exploring thing about Trading @LearnApp_co which I came to know from @zerodhaonline Completed reading @ZerodhaVarsity

From Jan 2021 I started trading so many systematic setups (Mean Reversion, Golden Ratio Futures, BN Straddle, Strangle, Cash Secured Puts, Expiry Setups) still that holy grail search🧐 mode was on.😄

Year 2021 from January to July 2021 was all about trading so many strategies without knowing my trading style, my mindset, for which I am comfortable. Though I was profitable in this period but still It was not clear direction and charges were high because of trying so many thing

Then I came across video of @vishalmehta29 on DOS (Directional Option Selling) in F2F series with @vivbajaj . Then I explored their @marketscanner1 website and found some strategies in Nifty Option Selling and It was very simple and Effective and started developing my own system

Then I backtested my system on @stockmock_in and started trading live with 2 lots between April 2021 to July 2021 and It went good 2-3 Months and then I decided to trade same system with 15 Lacs Capital form Aug 2021, soon I started big Qty & system went is DD and it was tough.

But I was confident about system and I had conviction of past 4 months also I continued with System now it has clocked 40% ROI in 7 Months 8 Days.( 88 Trades)

Few Learning :
✅ No Holy grail System Exists.
✅ Holy grail is Money Management, Discipline, Execution and Trading Psychology
✅ Everyone has different Mindset & Style, Find your Style
✅ Slippages are overrated , Execution is underrated.
✅ Over analysis leads to Paralysis.