written by reader What do uou think about these new sales pitches where you input a code and collect

By backoffice, May 29, 2018

a profit immediately with no chance of losing. What’s the downside here? They claim it’s not options although the trading screens they give
in the example sure look like options. They claim you don’t need to know very much about the stock market and an account is easy to open.
How much could be lost on this theory Travis, thanks.

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Travis Johnson, Stock Gumshoe
June 8, 2018 10:07 am

There’s a huge chance of losing — you’re not buying options, you’re selling options. That means you take risk off of someone else’s plate in exchange for cash up front — it can easily work 95% of the time, but the 5% of the time that it fails you can lose very big, and each win is usually fairly small, so it’s a stressful trading strategy that requires a lot of discipline and pretty good diversification.

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