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moomoo Option Paper Trading Forum
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I so desperately want to learn options I’m 52 and have less ...

I so desperately want to learn options I’m 52 and have less than 10k in my sad 401k account t and I don’t want to work forever…someone help lol
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  • MsWildcatOP : What is moass what is moass

  • Birdistheword : It’s referring the the short. Short squeeze. Look up what that means. Gains can be made but you gotta research a bit, stay informed, and stay on your toes. Likely to continue Tomorrow morning. Keep an eye out. Assess your risks. 10k is a lot of money to put on the line. Gains would be huge but so would be losses. I’m not being negative at all, just make your own educated decisions. I’ll be watching amc myself tomorrow. I most likely will still be in the game.

  • Riding Star : Buy stock related to war.

  • MsWildcatOP : I don’t think my 401k allows me to trade options. I have about two grand I saved after my emergency fund. But that seems a lot to me as well. I traded amc I bought a call on AMC and made $17 lol but I got chicken and sold it. Then I dappled in another one and lost $100 ugh 😢I don’t like losing. But it seems better then we’re it seems you never really gain but just adding and the market always takes it back. But that’s just my take so far.

  • MsWildcatOP : I think I like this app so far though!

  • MsWildcatOP Riding Star: Yikes 😳

  • Birdistheword : The market is so turbulent right now. I took a little loss from last week. Nothing is safe. Inflation is high. Feds are hiking rates. Current events are making the market fluctuations happen as well.
    I will make dam sure I really like what I invest in the coming “week/near future”. Until the market is more stable.

  • MsWildcatOP : That is very good points. I am not currently invested in anything but 1 share of apple besides my 401k. I keep hearing but the dip but the way the market has been and your poor like me it’s tough to see it keep going down. My 401k has been a huge roller coaster last two months

  • Josh Goughenour darkwishes: wow another conspiracy nut you must not known thats a crackheads pipe dream get real

  • Josh Goughenour : you want to learn how to option trade start slow only grab 1 contract at a time study the market and see how much volume is coming in and out use a candle stick chart on a 10min variable buy and close to the support as you can for the most gains and then ride up to the level of resistance if your serious about learning hmu you should know how to analysis a chart as well as set stop losses trading options is risky but if you get into the swing of things it does become easier

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