Learn Live Market Option Trading Strategy, Analysis, Risk Management with Praful Kulkarni

In this video, Mr. Praful Kulkarni will help us explore the complexities of options trading. This video covers strategies, risk management, market analysis, and more, offering traders key insights for success. The speaker emphasises the value of transparency in trading, especially when it comes to authenticated profit and loss (P&L) statements. They talk about how many clone apps are available and how this damages the reputation of real traders. Traders can combat fraudulent practices and foster trust in the trading community by showcasing their performance and integrity through the provision of certified P&L statements.  

The speaker highlights the need of risk-adjusted returns and stresses the need of controlling drawdowns in trading. They talk about how they keep the equity curve smooth by keeping drawdowns to less than 3% and modifying position size in response to market conditions. Traders can maintain consistent performance and minimize possible losses by giving priority to risk management.

The speaker addresses how to modify trading tactics in response to shifting market conditions, stressing the need of modifying position size and trade strategy. They assess market circumstances and modify their approach accordingly, concentrating on risk management and aiming for certain profit targets while maintaining flexibility to respond to changing market trends.        

The speaker stresses how crucial it is to modify trading plans in response to erratic markets, especially when dealing short wall or short gamma positions. They emphasize how important it is to comprehend the volatility, liquidity, and specific index behaviors in order to navigate market moves effectively. They also talk about how stop-loss hunting moves are inevitable and how to be patient and defensive when they happen.  

 The speaker stresses the value of being price-sensitive rather than time-sensitive and cautions against giving in to FOMO (fear of missing out) during expiry trading. They advocate for a strategy that responds to market movements rather than trying to foresee them, highlighting the dangers of chasing time-specific straddles and triangles. They also emphasize how important it is to manage positions steadily and keep a consistent profit and loss (P&L) throughout the trading day.Watch the complete video to learn to navigate volatility and make informed decisions in the dynamic world of options trading.