@yathishpoojary5 In order for me to make money in trading someone else has to lose it. It's not possible that everyone uses AI and make profits because there will be no losers then. No losers means no gainers. So there will he no point left in trading anymore. Chess is a very goo...
Currently I don't see many people who trade algos let alone use AI. In future there might be a possibility that AI becomes more relevant in trading but the more people use AI the less efficient it will be. It's not like everyone will make profits using AI and there will be no los...
@yathishpoojary5 I think algo trading is not artificial intelligence. You still have to choose the right strategy which will be executed by a code. It's not like an AI bot takes trade for us.
Majority of us are not good at predicting directions. Non-directional trade is very feasible for beginners. You will require large capital though. First learn this straddle, strangle strategies along with adjustments. Modify and trade them according to your risk profile and expec...
Don't look at returns for 5 years. This is a long term game. Understand you risk profile and adjust your portfolio according to it with minimum portfolio overlap. Keep investing. You will see real magic of compounding only after 15 years.
You need large capital for option selling. I would suggest at least 4 lakhs ( for non-directional trades) for one lot even with hedging. Then learn basic non-directional strategies like strangles and straddles along with adjustments. If you are good at predicting direction then y...
Good funds selection just watch out for portfolio overlap and with your salary you are probably not paying any taxes so ELSS fund is unnecessary. I would suggest 40% in PPFS Flexi cap, 40% in Quant small cap and 20% in Nifty 50 index fund. Since your investment horizon is long en...