One thing to remember is that Options can desensitize you to what one would normally consider “good” returns. I always say that if you remember the bank is lucky to give you 5% a year on your return, why would you be unhappy with a 20% return in a few days or even weeks.
I grasp that the allure of options and seeing people make 1,000-10,000% on plays can make it seem like you’re not doing good enough or that you have to FOMO/Gamble but you do not - that is LUCK not skill. That is not a realistic trading strategy, that’s going to the Casino.
It is better to consistently win and take profit and your account will grow before you can even realize it and I PROMISE YOU - those BIG wins will happen when you least expect it, when you have time and as an EXTRA, not a chase. Build your account don’t throw it away.
Let’s be real, you wouldn’t be expecting those kind of returns if you were trading stocks. Just because options move faster and better it doesn’t automatically mean you suddenly adjust your risk parameters. It’s a bonus and a blessing. It should make it easier not harder.
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