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Quote from ttowntrader:

I disagree take your 3k and buy some options, when you blow it out on your first expiration month you have now learned something, lol. Better blowout your measly 3k, than when you have 60k in your account.

"never lose", your naivety will cost you thousands over and over again with the way you are approaching this market. This market is designed to take your money, it is dark pools, plunge protection, fed buyers, discount windows, fraudulent balance sheets, and high frequency computer algorithm. Horse betting is an easier and more fair game than this market. The market will do whatever needs to be done to make the 401ks lose the most money.

That being said a small percentage can still learn to play this game and come out ahead, just don't be silly and think it will be easy or inexpensive while you learn the mistakes we all have to learn.
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Market takes your money? Don't you mean greedy hedge fund managers, Goldman Sacks, and anyone else that trades with inside info, front runners, and any other shaddy shit they can get away with to steal everyone money.
 
Quote from never lose ever:

seriously though like i dont understand how options work please help.
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1) educate thyself for 6 months

2) pop the tit out of your mouth

3) try your inquiry again.
 
Quote from never lose ever:

I have limited capital approx 3 grand... and I hear you can make alot of money with options with limited capital.

1. is this true?

2. Explain how to trade options successfully please and thank you.
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Buy QQQQ options. This is my trade for next week.

  • Monday or Tuesday: Buy 10 contracts ATM QQQQ Calls, expiry 08:21:2010
  • Next Day: Double up if position falls in value.
  • Thursday: Close entire position.
  • Following week will be new trade, depending on the previous week.
 
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