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Well novice Option traders always tell me I could have just made 1000% gain on a $500 bet. They make it sound so easy. But how come they don't just do that and make money if it's so easy? haha
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Replying to @MasterBJones and @traderbjones
I have heard people who play stocks generally outperform options traders. I am starting to understand why 🤣 90% of options contracts expire worthless
They are probably just experiencing beginners luck 🤣 Holding past 1-200% is very hard I doubt beginners are hitting 1000% plays. With options have to be super conservative. Something drops 5% all of a sudden the contract is down 50%+
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Replying to and
I play mostly options.. you only play momentum stocks and you run a strict risk management plan. Cut loose losses quickly and let winners run. Tbh, the best way to make money on options is scalping premium bounces in and out quickly.
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