options trading is like crack

[Brocken]

Carrying out FX trades based on technical analysis is pretty interesting [img]/images/graemlins/smile.gif[/img]

[OrrLives]

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ok ... but isnt trading with $ like gambling with playmoney ?

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I don't know why, but I lol'd at this.

[PITTM]

you bet on shoes?

[thatgirl]

MBS anyone?
shortsell puts? or pretty much anything
what should be a lot of fun right now is shortselling google
leverage your money as much as you can
and go big or go home lol

[toutatis70]

I remember 6 and a half years ago a friend told me google was the future and I laughed at him cause of the name.

[Flip-Flop]

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Crack trading is an option

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FYTitle

[WithWhatMoney?]

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i agree with ahnuld, i get 3 breaks during work and i can check the internet (not 2+2 though...boo...)

yesterday i dropped $6k, today up $4k, overall last 4 weeks or so up $11k, ill probs end out busto but it really is good fun.

problem is whenever a position goes wrong you wish you hadn't done it, whenever it goes right you wish you'd put more on.

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so it's like sports betting...

[yellowjack]

Where does one's edge come from in options trading?

[nutsflopper]

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Where does one's edge come from in options trading?

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delta

[lwlee]

Buying straight calls/puts is considered the riskiest strategies. You're dealing with multiple factors working against you, picking right direction, time decay, volatility, etc.

Smart people sell or spread options.

One thing I will say options have some of the most colorful monikers. Iron Condors, Butterflies, Vertical Spreads, Bull Put Spread, Bear Call Spread, etc.