Liberal Forum

LowIQTrash » Yesterday, 5:42 pm » wrote: ↑

Yesterday, 5:42 pm

What happens when millions of jobs (most of which are **** anyway) are erased to usher in the "Great Reset" as the WEF wants it?

Hopefully these newly unemployed noobs don't mind trading against LowIQTrash "The Clairvoyant"           

If not me, those Wall St goons will take what little money they have left

I see the SEC got rid of the $25k minimum account balance for day traders. That will produce a lot of misery for the minnows hoping to eat a whale.

Came across these helpful (or not) tips on options trading:

3. How to Tilt the OddsConsistently profitable options traders focus on strict risk management and edge rather than raw win rates:Volatility focus: Understanding "implied volatility" allows traders to know when options are historically expensive (good to sell) or cheap (good to buy).Position Sizing: Never risking more than 1% to 2% of total trading capital on a single options trade.Trade Frequency: Statistical probability requires a large sample size. The "law of large numbers" means high win-rate strategies only become consistently profitable across hundreds of trades.

I still consistently see the news articles saying only 5% of day traders and 10% of option traders make money in the long run and many of those don't make enough to live on.

There is nothing wrong with being the exception.