If I study options and trade with good risk management can I be WSBgod (except real)?

Just 10x 4 times...

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just be like me desu. this is unironically what happens when you play options.
>the $200 is what I just deposited a few days ago to buy stonks instead of being a degenerate moron 2 times in a row

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Why didn't you cut your losses... risk management bro

>what is hedging
Never change biz.

Options are so damn risky. You have to 100% certain. Not 99.9%, 100%. In this market, you've got balls of steel if you're going options.

Good luck.

Your direction has to be right, AND your timing. It took me years to get that. Friday I made a play on Docusign calls, ended up taking profit at 30% instead of getting greedy wanting 50%, guess what? It tanked 5 minutes later from IV crush.

Get smart or get got

Yeah that's good. I feel like I would be even more conservative than that. 20% maybe. And cut losses at like 10% max. So then it's just up to hit rate / selection of plays and you're not subject to the giant swings that blow people out to -80% all time

Yes, you have to watch some positions like a hawk. I'm talking, 10 minute hold times. Look at what happened to Zoom on Friday, one Facebook announcement wiped out tons of Zoom call holders

You can set up stop-loss and take-profit can't you? Or will they slip

>the $200 is what I just deposited a few days ago to buy stonks instead of being a degenerate moron 2 times in a row
Buying stocks with $200 wont do shit, your definitely going to blow it on options