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Trader and educator Md. Nasir reveals his biggest trading mistakes

By Anuj Cariappa
|
Google Oneindia News

The name Mohammad Nasir Ansari is gaining a lot of limelight after his backstory started to reach the ears of people. There is no doubt that today, he is one of the successful traders who knows how to survive the volatile market conditions. But, don't you want to know what the mistakes were that taught him life-long lessons?

Md. Nasir now reveals his trading mistakes. "About three to four years ago, I used to buy in Option and make an exit on Intraday. I used to wait for the profit in the hope that it would be doubled or tripled, but in this way, my premium came to zero, and thereby even my capital became zero too. After this happened, I learned my lesson."

Trader and educator Md. Nasir reveals his biggest trading mistakes

If you too have been doing the same and have been making severe losses, it is time you should stop too. But how? Well, since Md. Nasir found a way out of this problem, he shares the solution too. Nasir said, "Whenever you buy in Options, whether it is CO or PO, make sure you book your profit in Intraday only. Don't hold on to it until its expiry because then it will eventually become zero. This is a case that happens 90% of the time."

We are confident that Md. Nasir's experience might prove beneficial for you too. Besides being a victorious trader, he is also a trading educator who runs a YouTube channel called Baap of Chart. From how to survive the shifts in the market to keeping tabs on its trend, recovering losses and everything in between, Nasir Ansari has answered every question related to trading.

Born in the small village of Jharkhand, Nasir is the son of a rickshaw puller. Though he was a brilliant student, he had to quit his college days to earn money. After several losses and unhappy experiences, Nasir finally started earning a profit through trading. He is currently based in Hyderabad and fulfilling his role as an inspiration for many.

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