Why You Shouldn't Trade Options

Hey, Darold here.

In today’s newsletter we will go over:

  • Why I Don’t Think Beginners Should Do Options Trading

  • Staying Away From Discord Groups

And much, much, more..

Undervalued Stock Pick Of The Week

My stock pick of the week is Paypal.

You can watch my analysis here:

  • Million Dollar Lessons I Wish I Knew Earlier (link)

  • Tesla Stock Analysis (link)

Deep Dive

I’ve been getting this question a lot lately and it’s “Should I trade options?”

My answer is typically no.

And It’s not because I hate trading options.

It’s simply because not people understand it enough.

I mean let me ask you this:

“Would you drive a car if you didn’t know how to drive?”

Probably not…

That should be the same for trading options…

Most people never learn how to trade it properly because they are stuck with in the mentality of getting freebies.

They join a discord group for $50 and are handed signals and call outs.

All that gets you is you throwing your hard earned money away.

I mean it’s pretty much gambling if you think about it.

You can never learn how to trade this way.

When you understand the fundamentals, and are you are starting out with limited capital.

You can trade options.

After you have accumulate more and more capital, get straight into value investing.

That’s where you can actually build sustainable wealth.

Just my 2 cents.

Darold

How I Can Help

  • I have over 200 hours of free video training on my Youtube (link)

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