In order to buy puts and calls on stocks, you have to apply for Level II permission. You have to fill out a form where they ask for your net worth, income, and years of experience in stock trading. You have to have a certain amount of money or income and experience. There is no way they let you buy options if before three weeks ago you never even heard of the stock market. There is no way. So, I must assume that everything you have written here is a bunch of lies. And it does sound like lies, because first you said that you only heard of the stock market 3 weeks ago, then in your next sentence you're sounding like a pro who has had years of experience: "I've seen companies go bankrupt and stocks crash bringing all their investors down with them"
"Yes, am a day time trader, that's not how I intended to start"
You are not going to last long if you start as a daytrader.
"I ended up doing it right off the bat anyway."
It doesn't matter how you start. How you finish is what matters the most.
"I've learned years worth of trading in the few weeks"
NOT POSSIBLE.
"I watch Mad Money"
LOL!
Remember to save some for a rainy day. You will have some bad days ahead. Many a day trader has gone broke
Sounds great! Now that your successful, it's time to move over to futures and futures options, where you have even better leverage and 24 hour trading.
Sooner or later you will pick a couple of losers that will take all of your profits and most of your capital.
you think I believe your bullsh//t?
then you are more stupid than you sound.
And I'm already trading options. It's true what they say, once you trade options, you'll never trade stocks again. Before three weeks ago I never even heard of the stock market. I made $400.00 in a single day on my first week. Two days ago I pulled in $300.00 placing puts on the crashing Netflix stock. I'm starting with small money here but I think making hundreds isn't bad for a beginner? I've lost hundreds as well, I am new. Yes, am a day time trader, that's not how I intended to start but I ended up doing it right off the bat anyway. I think it's much less riskier than holding, I've seen companies go bankrupt and stocks crash bringing all their investors down with them and I don't want to be that guy. I use all kinds of methods, I've learned years worth of trading in the few weeks I've been doing it, feels like. I watch Mad Money all the time, keep up with the news and research, looking for my next bull kill. I also practice a lot in virtual mode before risking my money on the real thing. Also learned about money management how to invest small and make big.
Not bad aye?