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Options Beginner's Guide -- Basic Logic and Rules
I've made fortunes in bull markets and weathered storms in bear markets. I've also seen too many young people thinking they can "turn things around with options," only to lose everything. I've made 10x, 20x, or even more from options, but I've also suffered losses. I believe many beginners or even those who haven't tried options yet would ask: "I saw some options surge 300% in a day. Can I buy some and take a chance?" After hearing this, I just want to say four words: Slow down. You only see the high returns of options, but you must understand that high returns come with high risks. Before diving in, first understand what options are...
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