Options
Meta CommentatorAfter playing options for a long time, I've summarized some experience and interest rates, sharing with everyone:
1-Don't touch small cap stocks. Even options for stocks like TSMC and Berkshire Hathaway lack activity and trading volume.
2-Don't touch expiration day options. One-way trends still offer a chance to correct, but it's been a volatile 'monkey market' for the past few months, jumping up and down, with a high probability of losing more.
3-Don't touch Tesla. I used to like Tesla options a lot, high volatility, but this stock often wipes out both bulls and bears, lost big a few times and stopped touching it.
4-Don't play options on Fridays. Looking at returns over the past few months, basically made money during the week and lost on Fridays.
5-Staying at the table is most important. The stock market is a huge battleground, opportunities every day, staying in and surviving long-term is the key.
6-Mindset is most important. Treat options like lottery tickets, small positions, small capital, forget the money used to buy options. If you go all in with heavy positions, you might win 99 times, but lose once and it's all gone.
7-For ordinary people, your main job is the right path. Looking over a long time, the number of geniuses and experts buried in the stock market is countless.
$Invesco QQQ Trust(QQQ.US) I'm finished. Don't touch options. I used to have a very happy family, but now I've squandered it all. I feel deeply guilty. Since I started trading Hong Kong and US stocks with two accounts, I've already lost 1 million. I don't know how to face my family, my wife, kids, and parents. I only earn 100,000 a year, and now I've lost 10 years' worth in one go. Are there any brothers who can offer me a job? I want to sell my next five years. Can any brother provide a job with a higher salary? Height 185cm, weight 150kg, good-looking. I'm begging you all here to show me a way out. I'll do anything, as long as it's legal. I'll never touch options again. You can scold me if you want. Sigh.
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