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Single-leg vs. Multi-leg: Which one is for you?
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A true beginner

As someone new to options trading, I'm really interested in learning more about these strategies.
From what I understand, single-leg options trades involve buying or selling a single options contract, whereas multi-leg options trades involve combining multiple contracts to create a more complex trade. As a beginner, I think it would be best to start with single-leg trades to get a better understanding of how options work.
That being said, I'm also curious to learn about more complex strategies that traders use with multi-leg trades. It seems like there are many different ways to combine options contracts to manage risk, reduce costs, or increase potential profits. However, I think that these types of trades can be more challenging to understand and execute correctly.
I've been doing some research online and have found a lot of helpful resources, including websites, blogs, and YouTube videos. I have been using moomoo paper trading account to practice and test out different types of trades and gain more experience before investing real money!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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