Psychology of Option Trading Book - Mahesh Chandra Kaushik

Earlier I have read his books each one has very good content and most useful. It gives confidence. Thanks guru ji. 🙏

'Mahesh Chandra Kaushik's "Psychology of Option Trading" is a comprehensive guide for traders seeking to navigate the complex world of options. Kaushik, an experienced author and SEBI Registered Research Analyst, presents his insights with clarity and practicality.The book begins with a crucial reminder of the risks associated with options trading, emphasizing the need for prior knowledge and experience. Kaushik's analogy comparing option trading to riding a high-speed motorcycle effectively communicates the need for caution and preparation.One of the book's strengths lies in its focus on the psychological aspects of trading. Kaushik delves into the emotions, biases, and decision-making processes that impact traders, offering valuable strategies for developing a disciplined mindset. The emphasis on mental maturity and position size management sets the foundation for successful trading.The author's writing style is engaging, making complex concepts accessible to both novice and experienced traders. The chapters cover a range of topics, from index trading to reducing margin requirements and generating regular monthly income through advanced methods like the Short Straddle.Kaushik's book stands out for its insightful guidance, strategic decision-making advice, and emphasis on discipline for success. Traders looking to enhance their understanding of option trading, especially in the Indian stock market context, will find "Psychology of Option Trading" a valuable addition to their library.'

You should read 1st this book "option trading handbook " then read this book.This book have 7 intraday strategy, 1 weekly strategy, 3 monthly strategy.And all are good. It help a lot.

Overall it seems to me just okay. Can be read thoroughly.

This is the trading book for those who want to know about trading and its psychology in detail. I like how the author has explained the realistic methods of the option trading with the easy examples in this book. This book has covered the details such as how being mentally ready for trading is needed, a few trading strategies, how frequently staying in the same option helps, etc in the most elaborated baby steps. I also like how at some places we are asked to reread a few chapters again for better clarity, these types of detailed reads are so useful for beginners as well. I can able to feel the author's own experience with his words presented in these chapters.