Posted by From October 2021 to February 2024, after nearly 2.5 years of options trading, I decided to give it a break.
Fast forward to today March 2026, after a 2 year break, I have restarted trading with following evolutions:
- 2 years back was pure technical analysis based trading This is News based Trading.
- That was blind setup and only technical analysis. This is fundamentally news backed trades.
- That was Index Options. This is Stock and in Cash Market.
I would like to state famous poker player Annie Duke’s quote here from her book Quit.
“Success is not achieved by quitting things just because they are hard. But success is also not achieved by sticking to hard things that are not worth-while. The trick is in figuring out when to persevere and when to walk away”.
I walked away from Trading as that current scenario/setup/system wasn’t working out. I have re-entered trading with new insights and new evolutions as stated above. Let’s see how this works out.
Above is a video from another succesful day trader. He explains about the Dunning-Kruger effect. I was in the valley of despair 2 years back. Now I think I am in the phase 4 (at 04:48 mark) the informed optimist!!