Shernice:The Danger of Dollar-Cost Averaging in Options Trading

Shernice軒嬣 2000
05-14

Dollar-cost averaging with options can be very risky.

My option ranges from 1 month to 1 year

You can see there are both gains and losses, there's no such thing as a get-rich-quick scheme.

$Reddit(RDDT)$ 

@TigerPM  @Daily_Discussion  @TigerObserver  @Tiger_comments  

Modified in.05-14
💰 Stocks to watch today?(23 May)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Ah_Meng
    05-14
    Ah_Meng
    So you were basically adding target price and period without closing off the old trades? On top of that, I see that you have increased the bet… [OMG][Thinking] Yup, kind of risky… luckily they all turned good… eventually
  • SPACE ROCKET
    05-14
    SPACE ROCKET
    Agree with you :) I myself take some losses at times 😅
  • Shernice軒嬣 2000
    05-14
    Shernice軒嬣 2000
    @Ah_Meng I did lose money on option trades.
    • Ah_Meng
      Thanks for sharing… i will take note in my trial and error [Heart]
  • Zarkness
    05-14
    Zarkness
    Is this one way option?
  • Sloth16
    05-14
    Sloth16

    Great article, would you like to share it?

Leave a comment
12
381