After all the doom and gloom posts about FnO, thought I should share this.

2024 has been a transformative year for me. I still remember telling a friend in Dec 2023, who trades alongside me, that 2024 would bring significant opportunities due to the many elections and expected high volatility. True to my prediction, the year also brought amplified volatility due to global escalations. While I had my share of loss-making days, June 4th—election results day—marked my most profitable trading day ever till date. Later in the year, around Diwali, I launched a new trading setup that has been challenging yet profitable so far. Having studied the markets since 2020 and ventured into FnO trading in November 2022, I’ve managed to remain consistently profitable. However, 2024 has been a game-changer. I deepened my knowledge this year by enrolling in a professional quant trading course conducted by professors from the UK. While I haven’t directly implemented those techniques in my trading, the insights have been invaluable for understanding how institutional players model and leverage volatility. For those struggling with losses but eager to improve, here are my thoughts: 1. Trading isn’t for everyone – It’s true that 90% of traders lose money. But only if you’re committed to learning, it is possible to succeed. 2. Start with realistic expectations – You won’t become rich overnight. Unrealistic expectations are a primary reason why traders lose money. First target should always be to match the long term index returns. 3. Experience matters more than paper trading – Simulated trading lacks the emotional weight of having real skin in the game. 4. Stay informed – Expand your understanding of not just trading but also global events and geopolitics. Knowledge is power here. 5. Find a trading partner – It helps to bounce ideas, share insights, and monitor events more effectively. 6. Reinvest in yourself – Use your profits to improve your setup and learning at regular intervals. Treat this as part of the cost of doing business. Like any business this also needs an R&D budget. 7. Discipline is critical – Even I falter at times, but it’s a non-negotiable key to success. Lastly, FIIs (Foreign Institutional Investors) are drawn to Indian markets because retailers provide high liquidity, make frequent mistakes, and inadvertently boost the FIIs' ROI. Be vigilant and aim to learn from the big players. If you’re on this journey, don’t give up, but give yourself time to grow and improve. You can find my verified PnL here: [https://console.zerodha.com/verified/390be956](https://console.zerodha.com/verified/390be956) Here’s to continual growth and disciplined trading! 🙌