When I pick strike prices, I check out market trends, volatility, and potential rewards using technical and fundamental analysis. But hey, I've had my fair share of slip-ups, especially when I didn't pay enough attention to how wild the market can get. Lesson learned: always do your homework and manage risks wisely. To balance making money and staying safe, I stick to stuff like adjusting position sizes, setting stop-loss orders, and spreading my bets around.
However,...