Dear Readers,
In last few days ,we have seen several scams where innocent people (especially youngsters) are being tricked into playing options by some people on social media - lots of Face2Face videos , fake P & Ls , Quick-Rich-Scheme ideas can be found everywhere.
Big brokerage companies are pushing this trend (as they make huge money out of it ) as well as some other genuine-sounding people are building their own businesses around this risky part of the market by enticing people by conveying that it is too easy.
Options trade has grown in a huge manner in last 3-4 years due this push.
Sad part is that SEBI has come out with the data that 89% of the option traders loose money.One can read so many tragic stories about the people who have been devastated by options .
Keep in mind that these companies, these trainers are not your friends - they’re there to make money . This raises a genuine question: If these trainers are so smart that can mint crores by options-trading, then why they’re selling courses and other products related to this r?
Now with the scams coming out ,whole fin-social -media is now being looked upon with suspicion .
Looking at this scenario, our sir has asked us to opt-out of social -media as we don’t want to be doubted or counted among these scamsters though we’ve never talked about options anywhere.
He also joked with us that social-media is addictive 
and the team wastes lot of time here , the time that can be used to go more deep in fundamantal and technical analysis.
We don’t want to sell any services . We believe that if you’re good enough you can create wealth by yourself by investing itself and not by selling services.
On this platform , our plan was to spread knowledge about the charts .
But off-late , we have realised that people don’t want to learn by themselves.They just want stock-tips and get their charts analysed by us.
That goes very much against our original efforts of spreading different aspects of technical analysis.
We have already put lot of study-material ( with examples ) on this thread . If someone is really serious ,please give some serious time. This may help you to improve your investment journey.
For youngsters , just a word of caution if you want to jump in the world of options !
Keep in consideration that in options ,there are two key factors .
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Your Thesis i.e. whther price should go up or down. This can be on the basis of fundamental -studies or based on certain technical -analysis.
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Time Time is an important element in options . Price of a certain option can fluctuate to extremes in the matter of minutes.
This 2nd factor causes lot of damage to most of the people. Even if the thesis is correct but it does not play out with in a stipulated period, you would loose money.
Hence be cautious.Based on our multi-years experience , we would suggest that please stay out of options unless you have spent years in learning the technicals as well as have a right aptitude for this kind product.
Final word :From now onwards , our team won’t be active on this thread or anywhere on social -media.
At the same time , would like to say that here are many genuine people also on social media who are out there to help others . But be very careful in following/paying to anyone who promises quick-rich-schemes and strategies to you.
