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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Price($) | Vol. | No. |
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