Why one should invest in what suits their true risk appetite? #story
Generally my father in law does not introduce me to his friends for investment guidance. 1. Because generally I am extremely blunt when it comes to investment guidance 2. I only mostly explain #risks involved
But I think his friend really forced him so he finally introduced me to this gentleman who retired from government service, has good pension and also has a frugal life style so has lot of money saved. He wanted to invest his just matured FD into a MF because FD rates were low.
After few minutes of talking to him I realised he had never invested any money in #stocks#mfs or any equity instruments ever. As I continued I realised that he wanted to invest this money for a long term and wanted the wealth generated to be transferred to his son.
I have received lot of queries on #OptionsTrading.
Specially on the trades that I take on expiry day where option prices move 10 times in last one hour. Let me tell you that this happens only 1 in 3-4 weeks.
Few pointers that I look at.
Expiry day trading in options few tips. I hope it will help others.
So what I look for is following 3 things. 1. Open Interest Build Up on expiry day 2. Trend of the market from start of the day 3. how to trade 3. Time when breakout or breakdown of critical levels happen
#OpenInterest Build Up #Optionwriting has become very popular & there is heightened activity of the same on expiry day. This is clearly visible through OI buildup in specific strikes where OI goes up significantly & price goes down. Now these strikes become our boundaries