They’re brutal, I trade directionally because I don’t understand the god level mind/strategies of Lord Dest. He prints money all day long and that really hurt’s Mandy Brown’s ego.
What's their to know. With options everything is magnified. Suppose you nail an intraday movement on a stock or index, instead of a tiny gain...it's larger. That's pretty much it. Don't make things complicated. Use 0 days to expiration, at the money or slightly out strike price.
I wrote this on Saturday. Mark had a nice educational thread on tape reading(2019?), too bad he lost his mind. It was a quality and worthwhile read until someone started attacking him like he does to us. “ Likes Looks like volume is up again. Wanted to buy some on Tuesday @ 2.5I bought common, we can potentially ride to $4+? #379 Saturday at 3:53 PMReport Reply Sekiyo likes this.” https://www.elitetrader.com/et/threads/breakout-stocks-grinding-higher.384301/page-38