Thread: Side Hustle
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Old 12-31-2020 | 03:38 AM
  #564  
marcal
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Joined: Sep 2005
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As I read this and see new traders wading in I can’t help but think....

please please do not trade options in your retirements accounts if you are new to it. It’s like flying a 737 bc you want to fly when you’ve never done it. Options if used incorrectly can decimate you financially.

Start very small and outside your retirement accounts. By the way paper trading is the equivalent of using Microsoft Flight Simulator and saying you can actually fly an airplane. It’s a lot different when it’s for real. It’s best for learning the platform.

Like flying its all about risk management, knowing your temperament for risk, and be careful entering orders bc if you enter an order wrong it can really hurt you.
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