Post by Fletchsmile on Jan 5, 2017 10:58:00 GMT 7
SET50 Options trading (and to a lesser extent SET50 futures trading) has been a hobby of mine for the last few years.
In each of the last 4 calendar years I've made over 50% trading SET50 options and futures, with 2016 being the best so far at +62%. In contrast the SET50 index (excluding divs) was up 19.6% in 2016 and showed negative returns in 2013 and 2015. So it can be a useful string to your bow in addition to long term long only investing in difficult years
With a bit more time on my hands this year I thought I'd start taking it a bit more seriously, and with BM looking like a decent place to collect relevant info, thought I'd start a thread.
It's definitely not something to just dive into unprepared and the leveraged nature carries higher risks than just equity trading. Additionally SET50 options liquidity can disappear at times so there's the risk of not being able to exit at decent prices sometimes. Futures are more liquid but very occasionally liquidity also disappears.
But despite the high risks: As the market in Thailand isn't that professional compared to futures and options trading in say UK, US, there's a nice space for small retail investors to make money in my view if they understand what they're doing.
In each of the last 4 calendar years I've made over 50% trading SET50 options and futures, with 2016 being the best so far at +62%. In contrast the SET50 index (excluding divs) was up 19.6% in 2016 and showed negative returns in 2013 and 2015. So it can be a useful string to your bow in addition to long term long only investing in difficult years
With a bit more time on my hands this year I thought I'd start taking it a bit more seriously, and with BM looking like a decent place to collect relevant info, thought I'd start a thread.
It's definitely not something to just dive into unprepared and the leveraged nature carries higher risks than just equity trading. Additionally SET50 options liquidity can disappear at times so there's the risk of not being able to exit at decent prices sometimes. Futures are more liquid but very occasionally liquidity also disappears.
But despite the high risks: As the market in Thailand isn't that professional compared to futures and options trading in say UK, US, there's a nice space for small retail investors to make money in my view if they understand what they're doing.
) if it holds at 972 next resistance at 990/998, on the other hand if it fails to hold support is at 972/962
