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Updated over 1 year ago on . Most recent reply
Trading Stocks or Options
Does anyone here trade stocks or options on the side? It kind of fits with some REI personalities. I personally don't, because I can't stomach losing a penny, but was just curious and wondered how it was working out for you? My buddy was telling me about sites where you can mimic or copy professional trader, but I am VERY skeptical!
Most Popular Reply
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I used to trade options for several months, just like how your buddy recommends. "mimicking a professional trader" while learning the ins and outs.
I would sometimes make over $10K in a day, and lose $15K the next. Eventually, I lost more than I made, and the stress and fast pace was killing me.
When I replenish my "play $$", I would look into it again but be a lot more conservative (such as selling covered calls etc)