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Then why aren't you a multi-millionaire yet? One can easily multiply their pot every 3 months playing a few companies with simple option strategies, provided it
by H8crilA 5y ago
Then why aren't you a multi-millionaire yet? One can easily multiply their pot every 3 months playing a few companies with simple option strategies, provided it's really that predictable. More importantly, if this is predictable then why is there volatility around earnings? Surely enough people would have figured it out by now.
- vineyardmike 5y ago> Then why aren't you a multi-millionaire yet? Well, as you said, not everything is a win, and sometimes you lose. Some people don't have the money to deal with options and handle a loss. But who said i wasn't a millionaire ;)
- smabie 5y agoHow do you know he isn't?
- rurp 5y agoOkay then, why aren't a million people doing it to the point where the "free" money has been squeezed out of the price?
- vineyardmike 5y agoMost people can't afford to invest significantly enough to buy into expensive trading opportunities like options or day trading, and "buy and hold" investing doesn't yield enough to justify the efforts in research.