A brief review: Let's talk about yesterday's bet on Earnings Reports in AMD and Google. In fact, the predictability of Earnings Reports is sometimes unpredictable, so we can only roughly determine whether it will rise or fall based on years of experience. Therefore, considering that Meta's Earnings Reports were good, I naturally felt that Google's Earnings Reports should also be good, so I chose to Call. As for AMD, in the next few months to a year, whether it's financially or in terms of future product value, it's not looking good. Therefore, the probability of Put is higher. As everyone saw today, both went down, fortunately I guessed one correctly, preventing me from incurring losses. However, I must emphasize the high risks of Earnings Reports, so do not follow blindly.
Furthermore, today I actually noticed a trend in AMD for intraday trading, so I bought Call Options for AMD an hour after the market opened. However, because AMD was too indecisive, exhausting my patience, I chose to take profit and exit in a situation of small profit (almost no profit). It now seems like a wrong decision as I sold prematurely, missing out on approximately 30% profit (slowly wondering why I was so impatient, what was the reason behind it?). In fact, I had already planned to Call AMD before the market opened today, maybe because I rarely trade this stock, my confidence in it is really lacking.
Another example is the trade today that wiped out profits: I saw tsla falling by 1% before the market opened, but in fact there was a supporting situation yesterday during trading hours, so I naturally thought that 380 had been defended...

Hohoho, back with another post. One thing that is very daunting or hard for new investors to grasp is the concept of options. And as usual, I'm here to try to make it simpler to understand in layman terms, or at least I hope, its hard to simplify options, but I'll try my best!
What is an option?
An option is essentially a contract that represents 100 shares (for US options, or 1 lot). You will thus need to x100 the price of the options price. An option consist...

The sharp rise in the JPY/USD is causing a massive unwind of Yen carry trade positions and contributing to the sharp decline in US stocks. For those who do not understand how this works, a brief explanation：
1) Many traders were borrowing Jap Yen (JPY) at low interest rates, converted them to USD and used this to buy US stocks
2) Now that the Bank of Japan (BOJ) is raising interest rates, the JPY has strengthened significantly against the USD.
Now, these traders ar...

I believe hard work is important and you must choice a right platform too