Media are ridiculing teenagers and new traders for speculating in stocks....the most corrupt people along politicians are trying to stop u and steer u away from trading to just investing in index funds. Well i disagree! I remember in 1995, a teenager then, i opened an options
Account and the first trade i did was to buy an $SPX OTM call option which quadrupled and gave me the drive to do it professionally and 3 years later i became an options market maker on the floor of the AMEX. If u dont trade u will never loose and you will never learn.
Loosing money and studying why u lost and how you could have not lost or how you could have reduced ur loss with a stop loss or hedging with options, is the best capital-risk management learning method.
If you do not master a capital-risk management method system u will never succeed in this game.
You can follow @stevekavdc.
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