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I Set Aside $1000 to Learn Options Trading

April 07, 2018

#misc

Whew. It’s been over a month since my last post! This is mainly because of some of the projects I’ve been working on; so rest assured there will be plenty of new content coming soon. (I’ve been improving my development arsenal with Redux (haven’t had a need for it yet) and Redux Saga which leverages a lot of great JavaScript such as generator functions for async deliciousness, as well as joining a hackathon team to build a beerpong robot - but more of that in later posts.)

Robinhood - Options! AHAHAHAH! Oh wait… my money is gone 😭😭😭

Like many millennials will experience in the coming months, my options trading got unlocked on Robinhood. Robinhood is a commission free broker that initial started as a mobile-only (as far as I know Robinhood is only available for United States Citizens - sorry for everyone else - but options are definitely in the cards if you find the right broker!) Anyway, as I experiment with everything, why not also with options? What I’ve seen places for example like https://www.reddit.com/r/wallstreetbets/, options trading can be extremely lucrative, but highly risky. I wanted to learn what they were all about and if it would be indeed possible for me to make some sustainable income - not in a risky YOLO method, but a calculated method that follows mathematical principles.

The Posts - on Medium

To spare you from more of my rambling, here’s the very first post of the series:

https://medium.com/@frewin.christopher/i-set-aside-1000-to-learn-options-trading-9a018f11f69e

and the master post that I will link all further posts to (check out my catastrophic Facebook call failure):

https://medium.com/@frewin.christopher/i-set-aside-1000-to-learn-options-trading-53b934e55863

you can follow my trades on twitter @Galt_.

I hope you enjoy watching me lose all my money! 😂

Cheers! 🍺

-Chris


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