Options Trading is not investing. It is gambling. Options Trading is base on the premise that one can turn $2,000 into $2 Million overnight. The Options Trader seeks to make large gains by investing so little. They do this by trying to predict the future. They make bets the price of a stock will go up tomorrow. They make bets the Stock Market will do down next week. And when their prediction is wrong, their money just disappears in the middle of somewhere. Don't know where. It disappeared there. Their initial investment is gone. Options become worthless. The Intelligent Investor knows that not even a fortune teller or a psychic can accurately predict the future. If anyone makes money on Options Trading, that person is either lucky or have insider information.
"You can't produce a baby in 1 month by getting 9 women pregnant." - Warren Buffet
Options Trading is like trying to win the lottery. One buys a ton of tickets hoping that 1 ticket would win a little. Hoping that one day will be a great day. In Options Trading, making money is based on hope.
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