@DekmarTrades You forgot to add to the noob sub that by holding shorts overnight, you accrue daily interest on the capital borrowed to short.
Options is misguided. Don't be a buyer be a seller of options
@TheOneLanceB I agree with you Lance. Some of these firms not only have ludicrous fees but also rules that a normal trader wouldn't to prevent payouts. Ponzi scheme at it's finest taking funds from the 99% to pay the 1%. Reason I rather trade with my own funds
@optionscjp@womenoptionswin You talking about buying leaps. Sell leaps, delete the trading app and come back before the option expired. Just make sure to have enough capital to cover. Why so scared? H I forgot because everyone is buying leaps not selling
@garyblack00@elonmusk@MartinViecha Respectfully, that logic makes zero sense. It's like saying to NFLX in the early success day why they didn't buy out block buster. We know how that story does. Uber and Lyft will suffer that same fate.
@amitisinvesting Yes it is. What people forget is the wheel strategy gives a trader 80-90% probability of success. I think its near 99% success. The 1 % is a black swan event or if the stock goes belly up.
@Penny_Lane_BBM Don't worry. Any Traders will have large draw downs no matter what. The goal is still have capital to continue trading. Plus, you technically aren't losing that $$$ anyways. Uncle gives you back 3k a year and stock lost can be offset with other asset gains (real estate, etc).
@MFHoz Sell the house and downgrade. No one put a gun to your head and told you to buy a house you can't budget for and afford. Financial literacy is a must in today instant gratification society
@MyLatinLife I'll pass. After a handful of male American became drugged, robbed and kidnapped or killed from a bait and switch from these Latin Hoes, it ain't worth my life. Safer and cheaper places in the world like Thailand and Philippines where you don't have to risk life just to enjoy.