Saw the everest mountain hill

Saw the everest mountain hill at 14,625? [Surprised] Yup thats me discovering options... Options are addictive because of the high return you get with extreme leverage. NEVER touch options, unless you have good risk tolerance!!

Many investors get hooked onto options, the first time they generate massive profits. Similar to a casino, where a gambler won his first bet and they are addicted.

But neither did they know that they could also lose all their money. For every winner, there are losers in the market.[Heartbreak]

[Bless] Do not think you will "win" everytime. Your trade can go against you. Always enter the market with a strategy, and if it does not go your way, Its time to exit.

My best advice to new investors like me, is to invest in companies that have great fundamentals, and DCA monthly. Investing is a journey not a sprint! [Heart]

Modified in.06-14

Why options are addictive?

Options traders said options are addictive because it can gain 2000% but only lose 100%. ------------- Do you agree with them? Do you find options trading addictive? What's your attitude towards options?

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

singsongone 10
06-14
singsongone 10
woww, that’s an impressive spike
WalterD
06-14
WalterD
true, and thanks

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Your trade can go against you. Always enter the market with a strategy, and if it does not go your way, Its time to exit. My best advice to new investors like me, is to invest in companies that have great fundamentals, and DCA monthly. Investing is a journey not a sprint! 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