March Pnl || If Options Trading Was Easy Everyone Would Billionaires

Ladies and gentlemen, traders from around the world, welcome back to the electrifying world of market trading. The month of March has been quite a rollercoaster ride, hasn't it? While the market itself might have seemed as immobile as a statue, the intraday swings were high enough to give anyone an adrenaline rush. In this thrilling journey, we're about to unveil just how much we've managed to snag from the jaws of this March madness.

But before we dive into the numbers, there's a little secret I'd like to share with you. I've decided to make a significant change in how we present our trading results. You see, I've stopped flaunting those eye-popping Marked-to-Market (MTM) profits. And yes, I've certainly displayed my fair share of MTM losses in the past. But why, you might wonder? Well, I'm putting an end to this spectacle because it can be dangerously misleading.

It's time to set the record straight. Making money in option selling is anything but a walk in the park. If you've ever thought it's as easy as pie, let me burst your bubble—it's not! In fact, it's incredibly challenging. When I flaunt those astronomical MTM profits, I inadvertently contribute to a common misconception: that making money in option selling is a cakewalk. Trust me; it's not. It's a rigorous, uphill battle.

And those ostentatious MTM profit displays on social media? Well, they're not to be trusted. They're not ethical, and here's why.

The Myth of Easy Money

What I'm about to share is nothing short of a revelation. The figures I'm going to show you are from my personal account. It's an unfiltered look at the raw numbers, stripped of any exaggeration.

Over the last three months, we've diligently documented our trading results. This isn't smoke and mirrors; it's the real deal. So, let's get right to it.

In this fearless foray into the financial wilderness, my personal account stands strong with a capital of approximately 11 lakhs. Now, let's break down the numbers.

I'll take you through our profit journey from February 25th, 2023, to March 31st, 2023. Drum roll, please! Our total profit for this period? A staggering 28,376 rupees. With the aforementioned capital, this equates to a remarkable 2.5% return.

I can already hear your brains whirring with the math. But wait, there's more. We've also got some open positions that are yet to be squared off. They're the wildcards, the unpredictable elements. So, in the spirit of complete transparency, we'll let these positions play out and see where they take us.

The Reality of Volatility

Now, let's address the elephant in the room. The volatility in today's markets is akin to a tempest in a teapot. Even with record-low interest rates, the market can unleash its fury and surprise even the most seasoned traders. Just recently, the Nifty moved a whopping 450 points in a single trading session. It's like trying to ride a tornado on a unicycle.

Given the unpredictable nature of the market, especially when diving into weekly options, trading can be an exhilarating yet perilous endeavor. The twists and turns, the heart-pounding suspense—it's not for the faint of heart.

And here's the thing: Size doesn't matter. Contrary to popular belief, having a small account doesn't guarantee that you'll struggle to make profits. It's a myth. Let me say it again for the people in the back: having a small account doesn't mean you can't be profitable.

The Perils of Instant Gratification

Now, let's talk about the siren call of instant gratification. In a world where overnight success stories flood your social media feed, it's crucial to remember one simple truth: overnight success is a myth.

Good things take time. Patience, diligence, and a relentless pursuit of excellence are the key ingredients in the recipe for success in trading. If you can consistently make a mere 1% profit each month, you're in for a delightful surprise. By the end of the year, you'd be looking at a 12% return on investment, a performance that would easily place you among the top traders in the country.

So, don't fall for the allure of astronomical returns. Steer clear of those claiming 100% or 50% monthly returns. Are there traders who achieve such numbers? Perhaps, but what are they not telling you? Keep in mind that the CEO of Zerodha, a major brokerage firm, has openly stated that 95% of traders lose money. Those overnight success stories you see might just be hiding a more complex reality.

In conclusion, my fellow traders, let's embrace the unpredictability of the market with open arms. Let's acknowledge the challenges, respect the volatility, and approach trading with a mindset as unyielding as steel. Remember, the road to trading success is paved with hard work and perseverance, not with shortcuts and miraculous returns.

Stay strong, stay smart, and keep trading on your own terms. Until next time, happy trading, and may the markets be ever in your favor.