Amateurs Pile Into 24-Hour Options: ‘It’s Just Gambling’

Discussion in 'Options' started by ETJ, Sep 12, 2023.

  1. M.W.

    M.W.

    Sounds like right up the alley of the average ET crowd.

     
    #11     Sep 12, 2023
    Snuskpelle likes this.
  2. M.W.

    M.W.

    That mentality that you suggest has to go along with a healthy mindset in other areas of life. Because even if you are a little faithful saver but shove macaroni cheese into your pile hole you won't make it till retirement anyway, then better to just treat all income as fuck-you money.

     
    #12     Sep 12, 2023
  3. Yes, the wheels could come flying off of everything. But in that case, it won't matter what you have your money in. We would all be in dire trouble. I still think at a young age investing safely for the long-term is better than losing over and over again in a risky area hoping that one of the lottery-like investments might someday pay off. But it is of course up to the individual. At my age, I WISH I had thought more of the future and invested in safe mutual funds or EFTs. But hindsight is 20-20.
     
    #13     Sep 14, 2023
    NoahA likes this.
  4. Jdesey

    Jdesey

    I agree. I think the 0DTE thing is just a craze. It’s definitely not trading, you better get it really right a whole lot of times because the time decay is extreme.
     
    #14     Sep 30, 2023