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Can you recommend a good source to learn more about how options trading works in real life? Id like to know how you guys generate trading ideas, come up with b

• wtvanhest 7y ago
  I'm going to jump in here. Trading options is extremely risky and a lot of people teaching it, teach it because doing it is normally not profitable and they have already lost their money. Unless you have some huge edge, which no one does, options are the last place to spend your time and blow your money.
  • mattrp 7y ago
    Second this... even when you’re right you could be wrong. Options just amplify the effect.
  • foota 7y ago
    There's an article I read a few years ago talking about the possible outcomes from startup equity, using the analogy of a 99 sided die. It's something like: 1-50: nothing 51-70: a little 70-90: what you would get from a FAANG 90-99: millionaire 100: you're a billionaire And then goes on to note that there is no 100 on a 99 sided die, seems like options are similar :) I have no belief in my ability to beat the market and treat them like a fun thing to spend some money on, not like an investment.