Tui Jude
06-10
I don’t trade options yet, too risky until I can understand them more. Also I don’t want to get recognised by the IRD as a day trader! Taxed at 33%! Highway robbery! And no tax break for losses, unless you are a business. Outrageous. I’ll stick to common stocks, too much excitement for this little bird haha.
@nomadic_m：*Do you prefer the simplicity of buying calls for potential large gains, or do skillfully crafted option strategies produce more consistent results?* For seasoned traders: Sophisticated option strategies offer enhanced control, income generation, and potential downside protection, but require advanced knowledge and active management. For beginners: If you're new to options, consider starting with long calls, a straightforward and accessible strategy. However, it's essential to understand the associated risks and start with a modest position size. For novice traders (like myself): Stick to traditional stock trading, focusing on buying low and selling high. Consider leveraging ETFs in opportune situations to amplify potential gains. @Barcode @SPACE ROCKET @Hen Solo tiger coins giveaway
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment