FMG 0.10% $19.20 fortescue ltd

fmg and fe, page-34

  1. 642 Posts.
    lightbulb Created with Sketch. 23
    I agree, start with level 1, then level 2 etc for few months

    Baby steps

    Also I would suggest only trading on one stock, not multiple


    I started by writing covered calls Way Out of the Money, it might be slow and boring......a lot like me, but this is no race.

    I read as much as I could on subject,

    I must admit I have never bothered buying calls/puts......always written them for $$$

    Never been exercised, always closed my position, if trade goes against me, well before I lose on trade

    Level 3 and 4 Option traders need to understand the RISKS!!!!!!

    Especially writing puts............

    I understand them and gladly take $$ for doing so....

    But this side of the market isn't for everyone

    DYOR
 
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