Mistake 1:
Buying Options without thinking of how volatile the market is.
Mistake 2:
Selling Options without having a proper risk management plan or hedging.
Mistake 3:
Having a mindset of “make-it-all-back-in-one-go” or placing too many directional bets
.
Mistake 4:
Doubtful to trade long-dated Options.
Mistake 5:
Trying to adopt complex trading strategies.
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