Are you a new trader and losing your capital? BANKNIFTY INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NSE:BANKNIFTY1! jellygill Short term lure of doubling your money in few days looks lucrative in this bull-run . As per a Business Today report, almost 4.9 million new demat accounts were opened during financial year 2020 in India. Most of the people out of this young crowd, are newly excited traders, targeting Weekly or Monthly options hoping to strike gold every day which is not possible. If your current strategy is not making money for you, it is always good to stop trading and analyze what is wrong. You can not make money going against the flow of market. Also, perishable asset classes like Futures /Option do not give you a chance to bounce back when your contract expires in loss. In comparison, if you buy some shares in cash segment at wrong price, there is always a chance that someday the stock will bounce back in this bull run but same is not true for Futures /Options. Once a contract gets expired, there is no way your loss will ever be recovered from that contract. Yes, you can make money in Futures & Options but you need good knowledge, trading psychology (both skills take some time to mature) and good tools of the trade. Futures & Options are not recommended for newbies. If you are a new trader, you will burn your fingers because Futures and Options are a zero sum game. It means your loss is someone else's gain and someone else's loss is your gain. That is why, new people in the market, should concentrate on cash segment assets and hold them for a longer period of time. Once you get the required knowledge, develop trading psychology and are well versed with tools of the trade, then only start trading in Futures & Options. However, It does not mean you should stay away from this bull-run . If you are new trader, learn to use Volume Profile and based upon that, buy and sell shares in cash segment. A moderate rate of return of 5% to 10% per month is achievable when you swing trade using Volume Profile tools. Over a course of 01 year, this adds up to 50 to 60% return which is good. Even if some trade goes wrong, the shares bought in cash segment never expire like your Future or Option Contract, so there is a good possibility of its bounce-back in this bull-run . In case some seriously bad news comes about the stock you are invested in, you may also decide to exit early instead of waiting for the bounce back and re-invest your money in some other stocks. Remember, the smart people first focus on not losing the money, if your money is intact, it will grow. If your current strategy is making a hole in your pocket, it is time to stop the madness.