---
title: 'Paper Trading and Hero or Zero Nifty Expiry Trading Strategy'
source: 'https://youtube.com/watch?v=WF3V_qx1Bkk'
video_id: 'WF3V_qx1Bkk'
date: 2026-07-20
duration_sec: 535
channel: 'Abhishek Kar'
---

# Paper Trading and Hero or Zero Nifty Expiry Trading Strategy

> Source: [Paper Trading and Hero or Zero Nifty Expiry Trading Strategy](https://youtube.com/watch?v=WF3V_qx1Bkk)

## Summary

This video addresses common trading questions, focusing on transitioning from paper trading to real-time trading, overcoming overtrading, and identifying high-reward expiry trades (Hero or Zero). The host provides practical advice on capital management, emotional control, and pattern analysis.

### Key Points

- **Transitioning from Paper Trading to Real Trading** [00:55] — The host advises starting with a small capital of ₹5,000 instead of ₹20,000 to manage emotions and execution speed. After two months of success, gradually add more capital.
- **Overcoming Overtrading** [02:59] — A trader with 50 winning and 43 losing trades is overtrading. The host suggests finding an 'escape zone' (e.g., watching Netflix) to step away from the screen and setting pre-defined limits on loss, number of trades, and screen time.
- **Analyzing Trade Logs for Patterns** [05:13] — Review trade logs to identify patterns in winning and losing trades. The host shares his own experience of taking too many result-based trades, which led to big losses despite some wins.
- **Picking Hero and Zero of Expiry** [06:21] — Hero/Zero trades occur when low premium options experience a gamma blast near expiry. Key conditions: market in range, low premium, and a breakout in the second half (around 1:30 PM). Check index components and global cues.

### Conclusion

Successful trading requires emotional control, gradual capital deployment, and systematic analysis of trade patterns. For expiry trades, focus on low-premium, range-bound markets and use only 10-15% of capital.

## Transcript

Aashiqui series, where in my simple language. Well, if this is your first time on this channel, please
subscribe and click the bell icon so you'll be notified when we come back with new videos. And remember, I let's start this video by eating pakodas.
first question that came up was from Vicky Talk.
Bhai Sahab to do real-time trading? Look, brother, one thing I'll tell you is that Look, brother, one thing I'll tell you is that my first answer would be yes. The second answer would be yes. And the third answer would also be yes. But there are a few things you'll have to keep in mind.
Often, many people achieve considerable mastery in paper trading, but when they significant losses.  Because their confidence gets dented and after that they do not even try to go back to the trading arena. See, you have to
understand that when you do paper trading, a very big thing is missing. Hardcore emotions are there because if you are doing it seriously somewhere then emotions will be there but the hard emotions that are there, the heartbeat that happens when
you punch a real trade, are missing from there. So Vicky ji, even if you have 20 to 40 and I too am on Amazon, you are going with the mind that when I do real time trading, I will do it with ₹20000, hence I am starting from there. I will
suggest you to start with a capital of only 5000. How much capital is there, capital of only 5000. How much capital is there, why with a capital of 5000, because when you start with 5000, first of all you are not investing the entire capital because I am going to assume that
you have 20000 capital, so your emotions  Your execution speed, your brokerage and other charges, all these factors will play out and help you improve. Secondly, test yourself on this for 2 months.
If everything goes well, then you will add ₹10,000 and in this way you will add ₹10,000. But if for some reason you do not work out here and you incur a loss, then
actually your entire capital is not lost. You still have the chips to stay in the casino. So what do you have to understand friends, when you switch from paper trading, do when you switch from paper trading, do
experience, real trading definitely takes time. One thing that takes less time is liking this video. ₹10,000 likes is the fee for you guys, if you want, I regularly answer your questions like this. Next question: Funny scene, Bhai Sahab
asked and  Some funny incident has happened with him. He has been trading for six months and has suffered an estimated loss of up to 1.5 lakh rupees. He says that when he checked his trade locks, he found that there are almost 50 winning trends but 43
are using traits and due to this he is realizing that he has been overtrading a lot and naturally, due to overtrading, he incurs huge losses. In such a funny incident, brother is asking us what should we do. Look,
is asking us what should we do. Look, first of all, find your escape zone. Funny brother, what is this escape zone? Like I know that if my terminal shows me an excise loss, I exit it there and go straight to Net Flex, Amazon
Prime, Hotstar. If any good series has come, then write it in the comments. I watch all these. Now you will Look, you should keep switching, you should keep escaping. What are your escapes? I must tell him in the comments. And if I have not taken your questions yet, then write in the comments.
Funny.  What happens is that many times, if you're sitting idle in front of the screen pond inside you, you're excited to take this trade, or that trade, so you recover a little, you do this. When you switch yourself into a mode called
overtraining automatically reduces. The second thing is, set your numbers in advance. set your numbers in advance.
should know from within: this is the maximum loss today. My capital has reached here. So, this is the maximum loss which I can for you take. This is the maximum number of trades which I will take in a day. This is the maximum number of time for which I am going to spend on the screen. This is the maximum time which I want to spend on the
number of time for which I am going to spend on the screen. This is the maximum time which I want to spend on the all things, before knowing the trading time inside,
n't fix all these things in advance. Then the market starts and when the market starts  When it starts, a lot of impulsive moves start happening, you feel like doing this too, saying this on Telegram, he is saying this on Twitter, I will surround all these things with your brain,
son, if you have a planned in advance, then now your executions and results are collected, then fix them, first thing, second
and results are collected, then fix them, first thing, second thing, re-analyze, go and see your trade logs, you did a very good thing, but go there and analyze, you will see some pattern in your winning streak or winning beds, and
you will also see a pattern on using sticks, when I did this many years ago, then I understood one thing that I used to take result beds many times, TCS result was A, Ranbaxy result was A,
Sujan result was A, so I used to take a lot of K.P. Jaiprakash  I am an associate, now the work is hard format, so I used to take a lot of result based, today what used to happen, I used to count all this in Fino, so what used to happen was
a buyer remained in me that friend, I get a good return, but what I was not able to say is that my biggest losses also happen at this time, so my friend, when you go and analyze, you will see some patterns, you have to
you will see some patterns, you have to identify the pattern and remove it, let's go, in the next question, very strange names have been given, friend, funny scene Vicky Top, the third question was funny scene Vicky Top, the third question was asked by some, anything, anything,
where sir asks how to pick the hero and zero of expiry, how to pick the hero and zero of expiry, sir, please tell me a little bit, see, first of all understand what happens to this hero hero at expiry, why, there is a word,
we call it Gama Gama Pehalwan, those who are on Twitter must have heard, if you have not followed me on Twitter yet, then follow me, I also talk a lot about time pass there.  In fact, if you spend 70-80% of your time in the market, then if you buy only 20-30% of the
shares, then the gamma blast that happens basically increases the delta. In simple words, at the time of expiry, when there is no time value left in your spot price, suddenly a big price comes, then
suddenly a big price comes, then that option starts running away, it becomes 10-100, 10 or 200, any option usually gets a gamma blast, and addressing your question, the first thing is that you will not get the hero zero every day, the
date is number one, the second thing is when do you get it, this usually when you see the patterns when the premium is very low in the market on some day, like the recent expiry in which the premium is very low and when the market goes into a range, like
you must have seen in the last expiry, Bank Nifty will remain in a range for a long time, so usually breaks in any way, then what happens and especially in the second half, one  Around 1:30 pm, what will happen suddenly, the people who have sold their positions become tight and they
start running away, they will run away, so what happens because of that, suddenly whatever index it is, there is a big swing in the options, so you have to look at two-four things, first is it in the range or not, second is the premium low or not, third
how are the components of the index supported, like major components, for example, if I how is HDFC twins doing, how is Kotak Bank doing, all these things have to be seen, from Bank Nifty Global, if the European market moves there, at
negative happens, then its implication will also be here, so when you look at all these things, brother, then you get a Hero or Zero, disclaimer, I do
not increase people, if you have to do anything for Hero and Hero, then do it only with 10 to 15% of your capital, just because of this, I hope  Yes, you have learnt something new from today's video. If you want to learn more, you will find the link to the December Wagner issue
in the description and also the premium service. I hope you will like this effort. Keep learning, keep going, keep investing and keep