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If you don't know what you are doing you shouldn't trade options. If you think you know what you are doing you still shouldn't trade options. The more I learn a
by etempleton 5y ago
If you don't know what you are doing you shouldn't trade options. If you think you know what you are doing you still shouldn't trade options. The more I learn about investing the more I think it is a terrible idea for even the most well informed retail investor.
I don't hate Robinhood like a lot of people, I actually think they have a nice UX, but they probably are acting a bit irresponsibly in allowing option trading to be so easily enabled.
If you want to get into individual stock investing read up on the topic and then start with a little bit of money that you are willing to lose. You will make mistakes, but that is part of the learning process.