Options are derivatives and can cause your account destruction.
Options are the best tool for managing risk, generating income and occasionally generating asymmetric gains.
You are your own worst enemy on options by being greedy, unknowledgeable and inexperienced.
Control your emotions, learn how options work, what options are for and practice trade in a paper (no money) account at your brokerage before ever using your hard earned money.
"You never have played poker before, you say," says the gambler.
"Well, the best way to learn is to jump right in and give it a try," he encourages. "Sit right down here at the table, you're smart, you'll figure it out."
Person who never played poker before, sits down at the table and takes out his wallet...
If you haven't done significant studying about options before using these investment contracts, then you are the sucker at the table!
Read more: Don't You Dare Trade Options Until You Read This!!!