Thread: Side Hustle
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Old 12-18-2020 | 05:19 AM
  #362  
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Trip7
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Originally Posted by Seneca Pilot
I wouldn't risk my retirement account on any put plays, especially naked puts. Covered calls would be my retirement play. Covered calls can really juice up the returns.



Naked options are for play money.



Ask him:

Hedge Fund manager James Cordier apologizes after losing almost all of his clients money - YouTube



Or her:

Karen The Supertrader from Tastytrade: Is Karen Bruton the Supertrader a FRAUD? - YouTube
Ouch! Permanent loss of Capital is real and VERY difficult to overcome. That's why I'm attracted to Value investing which has you investing with a Margin of Safety.



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