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now ..
tradin' options is like tradin' collectible cards but .. instead of you tradin' actual cards .. it's contracts !
there is uh lot that goes into it but the foundation of the game is simple .. price prediction ..
that's it 😀
the price of uh stock can only move in 3 ways : ⬆️ 👉🏾 ⬇️
you can make uh play for when uh price goes ⬇️ n .. you can make uh play for when uh price goes ⬆️ .. the money behind the play thoo .. depends on ya prediction n .. that's where the analysis part come into play ! you know .. the charts .. news .. studyin' .. number crunchin' n so forth ..
the resource " i " use for that is tradytics.com .. every trader has their own style .. come up with their own strategy n .. utilize their own ( what people call ) indicators that .. help them come to uh price prediction on uh particular stock ..
let me pull ya coat on somethin' thoo .. this is uh " pay to play " game n .. risk is written all over it ..
but ( most uh time ) you can't lose more than you put up .. i say most uh the time because of " margin accounts " which .. i won't get into now .. but later !
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