How to LOSE Money Trading Options

We realize a headline about how to LOSE money sounds kinda stupid but it’s the truth.

And it’s because the easiest way to lose money trading options is…Wait for it!… to simply start trading options.

They’re a sucker’s game.  And the vast majority of option investors lose money.

And this is contrary to all the newsletters you read about with headlines: “How to make a fortune with OPTIONS.”

But let me ask you a question.  How many people do you know have consistently made a fortune trading options?

Crickets…

So why are these option gurus (who sell expensive option seminars, books and newsletters) so popular?

One word…GREED.

You see, trading options is promoted every day on your favorite financial news show.  (That should be your first warning sign to run away)

And to unsuspecting investors it’s an easy sell.  Here’s how it works:

• You don’t put up a lot of money

• You get rich quick (according to them)

• And if you follow their PROVEN method, you’ll be a “Playa” and the envy of all your friends.

And then, at parties, you’ll be the one everyone wants to talk to and get advice from.

It’s the old “celebrity status” theme.

 

Lose Money

 

But before you get mad at me, consider this…  in over 44 years as an investment advisor, I have NEVER EVER known anyone who has consistently made money trading options.

And you’d be surprised how normal people become “junkies” to the action.

The difference is these option crack-heads are socially acceptable and esteemed…until they crash and burn…which you rarely hear about.

The bottom line is:  The Option market is more rigged (and less regulated) than the stock market.

Keep that in mind before you take the plunge.

But on the flip side of trading options learn how to use them to protect/hedge your portfolio in our upcoming September newsletter (HERE).

P.S. The article is titled: “Confessions of an option Junkie.”

Share this with a friend…especially if they crave to get into the options market.  They’ll thank YOU later.

And tell them:

We’re Not Just About Finance

But we use finance to give you hope.

“And you shall know the truth, and the truth shall make you free.”

~John 8:32~