A successful self trader – Rule # 30
According to a global study, over 90% of people who buy options lose money. It may appear that selling options is a safer proposition. Not exactly! When you buy options, there are components to that decision. What strike to buy; at what premium to buy; how much time value to pay etc. Unless you understand these finer points of buying options, you will be on the losing side. How to join that other 10%?
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