3 महीने में 73 लाख Profit बनाया Option Trading से | Option Trading Strategy | Intraday | SAGAR SINHA

Summary

The video script features Chirags Patel from Gujarat, discussing his trading strategies and experiences in the stock market. He emphasizes the importance of discipline and understanding market trends to achieve profitability. Patel introduces his 'Moving Averages' strategy, using three different time frames (20, 50, and 100) to identify entry and exit points in trading. He also highlights the significance of risk management and emotional control in successful trading, sharing insights to inspire beginners and seasoned traders alike.

Takeaways

• 📊 Chirag Patel demonstrates a net profit of 88 lakhs as of December, with 73 lakhs in the last four months.
• 💰 Daily capital used by Chirag ranges between 40 to 50 lakhs, adjusting according to the market setup.
• 📉 Losses are part of trading; the strategy focuses on being profitable overall despite occasional losses.
• 🧠 Chirag emphasizes discipline and understanding the psychology of option sellers to be profitable in option buying.
• 📈 The primary focus is on option buying using moving averages (20 EMA, 50 EMA, and 100 EMA) to identify market trends.
• ⚠️ Three moving averages are named for easier recall: 20 EMA as Ganga, 50 EMA as Yamuna, and 100 EMA as Saraswati.
• 🔍 Entry signals are identified when these three moving averages converge, indicating a significant market trend.
• 📉 In a bearish setup, entries are made after confirmation with stop losses set at the high of the first alert candle.
• 📊 Target profits are set by observing the moving averages, exiting positions if the price sustains above 20 EMA in a bullish trend.
• 🔄 The strategy is applicable across various instruments, including stocks, indices, and other markets like forex and crypto.

Q & A

What is the primary focus of Chirag Patel's discussion in the script?

The primary focus of Chirag Patel's discussion is on strategies for trading in the stock market, specifically using options trading and discussing the importance of discipline and experience in becoming profitable.

What does Chirag Patel suggest is the key to becoming profitable in the stock market?

Chirag Patel suggests that discipline, following rules, and having a deep understanding of market psychology are key to becoming profitable in the stock market.

What is the significance of the term 'Daily Capital' mentioned by Chirag Patel?

The term 'Daily Capital' refers to the amount of capital that Chirag Patel uses for trading on a daily basis, which he mentions ranges from 40 to 50 lakhs according to the setup.

What is the meaning of 'Binging' in the context of Chirag Patel's discussion?

In the context of Chirag Patel's discussion, 'Binging' refers to a specific strategy in options trading where one might focus on selling options, and it is a term that seems to be causing some confusion or discussion among traders.

What does Chirag Patel emphasize about the importance of learning from one's own mistakes and experiences in trading?

Chirag Patel emphasizes that learning from one's own mistakes and experiences is crucial for growth and success in trading, as it helps in developing strategies and understanding market dynamics better.

What is the 'Moving Average' strategy discussed by Chirag Patel, and how does it relate to market trends?

The 'Moving Average' strategy discussed by Chirag Patel involves using different time frames (like 20, 50, and 100) to identify market trends. When these moving averages converge, it can signal a potential change in the market trend, providing a trading opportunity.

What is the significance of the 'confluence' of the three moving averages mentioned by Chirag Patel?

The confluence of the three moving averages (20, 50, and 100) signifies a point where all three averages meet, which can be an indicator of a strong market trend and a potential entry or exit point for trades.

How does Chirag Patel approach the concept of risk management in trading?

Chirag Patel approaches risk management by setting stop-loss levels based on the high of the first candle where the alert happened after the confluence of the moving averages, ensuring that the risk taken is controlled and manageable.

What advice does Chirag Patel give to beginners in the stock market regarding their approach to trading?

Chirag Patel advises beginners to start slowly, focus on profitability, and build confidence and self-assurance through small profits, gradually developing skills and understanding of the market.

What is the importance of understanding the psychology of market operators according to Chirag Patel?

According to Chirag Patel, understanding the psychology of market operators is crucial because it can help traders predict market movements and make informed decisions about when to enter or exit trades.

How does Chirag Patel suggest traders should deal with emotional aspects of trading?

Chirag Patel suggests that traders should control their emotions and not let fear or greed dictate their trading decisions. He emphasizes the importance of sticking to the rules and strategies even when the market is volatile.