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all true, I admit that this thread my be putting the cart in front of the horse a bit but started it anyway just to satisfy my curiosity. trading since June 2019.

Not willing to put my wife and kids through selling the house. Appreciate the reply I'll take the rest of it into consideration.

the honest answer is because I never learned how to trade options...and still don't know how. I was lazy and avoided the hard stuff. I tried to apply strategies better suited to equities or futures to options thinking the convexity would shoot me to the moon when in reality IV+theta smacked me...

the math is so much better with a larger account. I could take my (current) account balance of $6,700 to about $150k in 5 years with current stats...or $100k to over $2m. I get that as money increases...so do the challenges, and I also know for a fact that I am being naive in the assumption that...

I agree with you that timing has to be on point trading long options (especially short date)...and I just cant survive in that environment. Maybe in the future I will revisit but for now I have to turn my back on them. As to the become a teacher comment...I get that it was said in jest...

Honesty is everything as the truth is all that matters...so here is some brutal, embarrassing honesty: Long story short...my education as a trader has cost me ~$140k...And I absolutely do not have anymore to lose. My primary choice for gambling was long options believing that "it has to...

^^^ prime example of why many successful traders have left this site. Bums talking shit constantly just to troll.

There are still some major players on this site...there use to be a lot more. Probably a combo of more online social outlets becoming available and dip shit sim traders or trolls running them off. Some of the old ET treads are an absolute goldmine of info.

he offers some workshops on youtube also that cover much of the material in his books...I have pages of notes from them and looking back years later I will say that it was good advice, I just applied it poorly. something not emphasized in his books...or most others...Is that trading is fu**ing...

yes exactly, the dude is basically saying zero interest rates create bubbles...so don't do that again lol. seems like a fair statement to me.

ET is trader skeptic HQ...they cant help it honestly, this business is like a magnet for scammers.

dude referred to bitcoin as a tumor lmao

Legit IMO. I like his first two books. Honestly I think they are a great place to start for beginners wanting to trade equities.

Damn total bummer. Thanks for clearing that up.

yes, usa. why problem?

says "page not found"

50x leverage on highly volatile instruments => Yacht & tutes....or cardboard box and crack. Either way I'm down. anyone have experience with these?

google sheets / excel

Oooooooo yea that's fucky lol.

In OP's case, since he is unable to be short shares...more than likely the broker will just liquidate the position prior to expiry.