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]
Modify on 2024-06-14 16:23
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woww, that’s an impressive spike
true, and thanks