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Learn to appreciate and measure the impact of overall market dynamics on individual securities.

There were more 'day-trading' rooms than Starbucks.

When your net worth reaches zero, 'unlimited' becomes theoretical.

Correct. Then you get to have all the fun of owning a trashed stock and trying to work your way out of it. Learn to trade the underlying before you consider options, short or long.

On what planet? Short put - Very limited upside, unlimited downside. And particularly dangerous for the inexperienced.

The basic intent of the IRS wash-sale rule is to discourage investors from selling losing stocks at the end of the year in order to book a loss, then immediately buy back the same, or a similar investment. This will be an issue for you if you sell an instrument in December, then buy it back...

It is difficult for anyone to obtain and maintain trader tax status with the IRS.

That may well be true, but before accusing a private individual in a public forum of criminal activities, you and Red Duke would be well advised to become familiar with libel laws.

Cohen was never charged with insider trading. You might want to be cautious when linking names with criminal activity on a public site.

Or, simply do not buy in January what you sold in December, 30 days prior. Otherwise, keep calm and carry on.

Buy property.

Governments and central bankers have a valuable role to play in regulation of financial markets and instruments, if only for maintaining some degree of stability and safety. There are countless markets and instruments where traders can play. I wouldn't be freaking out about lack of government...

I avoid charts with dark red, as the color tends to blend with blood on my screens.

In what way is this simple? This is, in fact, very complex.

Sorry, but if I was managing money I wouldn't need to look any further than to see that you've traded GME.

If you can't consistently predict the timing and movement of the underlying instrument at least 65%-70% of the time, then you are unlikely to ever win the war against the greeks, and overcome the drag of spreads and expenses. Your own experience has shown this to be true. So stop wasting your...

That's a good measure of success. "Forget the S&P. Have you beaten cash?" In most cases, the answer would sadly be no.

There is a third instrument called cash. And much more efficient that puts or futures.

Not concerned. Just surprised.

The shocker here, at least to me, is that over 10% of client equity is in margin loans. Yikes!