Wealth And Health Podcast

Options Trading Strategies for Beginners and Dummies Lessons Learned from FBs Historic Bad Day

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Options Trading Strategies for Beginners and Dummies: Lessons Learned from FB's (Facebook) Historic Bad Day On July 26, 2018, Facebook had one of the WORST DAYS EVER by losing the most money (~$110 BILLION) in value. In this episode, you're going to learn how I GOT LUCKY and didn't lose any money due to Facebook's historic bay day. Actually, I'm going to make around $50,000 from it. But... to be clear, ANYONE who tells you that they made money and that they predicted this, is full of sh*t. My ability to profit from this is mostly due to luck because... when a stock has the WORST DAY EVER, it's LUCK that I wasn't hurt by this. The main takeaways from this experience are: 1) Close out your positions early 2) Don't chase stocks and wait for proper entry points (which is what saved me) 3) Don't trade too many contracts (which is what also saved me) Also... remember to be careful of fake gurus and people who buy options! I bet a lot of people were bragging about how they made a lot of money from their Google calls