TheOracleOfBroMaha
:
If you don’t understand, don’t just watch a few videos on YouTube. Read everything you can paper trade. The first thing you have to know is that there can be a point where the brokerage demand you exercise your options and you have to pay for what you think you just own the options on I’m not gonna give you a course on how to do it right now right here but you need to know that you can get yourself into a world of trouble with options really really fast don’t buy into anyone’s BS on YouTube on oh you can make all this money. The truth is options are a great wayto hedge certain positions. Other than that you’re basically hoping against hope that you’re guessing which way of stock is gonna go correctly up or down and if it doesn’t go far enough, you’ll lose what you paid ! Just trust me it’s not a good idea. What you need is a friend that has traded options before not an a coach not someone that wants you to spend money on their coaching scheme like all the people on YouTube and a lot of people on here. Paper trade options and read everything you can on moomoo about beginners and options. There’s a lot of good stuff.
MoonBoy Blastoff : I would suggest watching YouTube tutorials and then Paper trading until you get the hang of it.
TheOracleOfBroMaha : If you don’t understand, don’t just watch a few videos on YouTube. Read everything you can paper trade. The first thing you have to know is that there can be a point where the brokerage demand you exercise your options and you have to pay for what you think you just own the options on I’m not gonna give you a course on how to do it right now right here but you need to know that you can get yourself into a world of trouble with options really really fast don’t buy into anyone’s BS on YouTube on oh you can make all this money. The truth is options are a great wayto hedge certain positions. Other than that you’re basically hoping against hope that you’re guessing which way of stock is gonna go correctly up or down and if it doesn’t go far enough, you’ll lose what you paid ! Just trust me it’s not a good idea. What you need is a friend that has traded options before not an a coach not someone that wants you to spend money on their coaching scheme like all the people on YouTube and a lot of people on here. Paper trade options and read everything you can on moomoo about beginners and options. There’s a lot of good stuff.