BEGINNERS BEWARE
0DTE (0 days to expiration) options contracts are a gateway to suffering when new to options trading. while some see it as a gold mine others will find its the quickest way to lose a lot of money. 0DTE should not be considered unless you have extensive charting and options trading expeirence due to its volatility. 0DTE contracts are appealing to smaller accounts because they are relatively cheap to contracts with time on them and often new traders will wind up purchasing an amount that moves their account too quickly and will freak out the new trader. This results in a trading plan and rules being ignored ultimately leading to the trader losing money. Without understanding what moves the premiums on options contracts it can be hard to navigate the market. Additionally, on a day such as this upcoming triple witching volatility increases significantly making it all the more difficult for new traders to trade 0DTE contracts. No amount of tools can help a new trader that will beat experience. if you are a new trader that would like to expereince triple witching try it on a demo account first and take notes and learn from the experience!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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