• NewToOptions : Hi bull Very new to trading, opened this account mid last year but never did anything with it until this year.
  I'm very committed to learning options, I have a lot of free time in my afternoons and i stumbled upon options trading when looking for a side hustle. I've delved fairly deep into learning the risks, theory and different sorts of option trades you can apply depending on where the market is/single stocks vs ETFs etc, so I understand the basics of how it works. Although I am in Australia it makes the timing a bit more difficult for market open but I get up early and have a few hours each morning of market open left to do trades, if I need to be there at midnight for the start of the market I'm willing to do that also.
  I have roughly $1000 USD in cash to start, if I need to add a bit more I can I buy thought I might be able to start something with this maybe. The few groups I've looked at for advice have all told me don't trade options just put it into a ETF, would you also recommend this? I feel an opinion from someone like yourself who clearly knows what they are doing has more weight behind what they say then people I'm not sure about. As I said before I'm not just jumping in head first, I've watched hours and hours of videos on strategies and how to lower risk and what can happen if you get in over your head, I'm taking it step by step.
  I'm very very new so they may be right I'm not sure, I just feel a bit deflated and confused after seeing people saying I'm out of my mind, but I feel like i have the patience to do this, but then being told that without at least a few thousand dollars there's no way which I can also understand if that's true.
  Sorry for the long message, I'm just trying to get some real feedback about my choices as I feel very passionate about wanting to do this for myself.
  On the off chance that there may be something in the options world I can start in id love to hear your opinion, anything you recommend I'll take on board good or bad.
  Sorry for the longggg message, just wanting to know where I should be going at this point.

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• ひな☆彡 SOXL(Bull) OP NewToOptions : Given that you have studied options and know their basics and risks, I see no reason not to trade them. If you want to mitigate the risk, focus on selling options rather than buying options, which I think you already know. Ignore people who told you not to do options. They either do not want you to know how good it is or their ability to analyse the direction of the underlying stock is lacking. even if you know the basics of the options, and different strategies, if you cannot correctly evaluate the stock valuations, it will not work…
  First 30min-1h of market opening will kindof determine the intra-day move (unless reporting) maybe you can stay up late.

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• jinyongoh : I'd like to learn your Option trading skill with high respect on your insight and instict.
  I am following you and will pay attention to your guidance.
  thank you so much!

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• ひな☆彡 SOXL(Bull) OP jinyongoh : tbh i am not very good at trading options but i am starting to learn how to mitigate the risk. I suck at buying call options so you will see me selling options alot more than buying options from now

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• jinyongoh : Thanks a lot for your quick reply. Anyhow, I am ready to learn your skills..

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• xanaz : nice

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