I disagree. Not with the facts stated, but your interpretation of them. With defined risk positions, the risks are easy to understand. Of course you can't compete with the institutions, but should that be a reason not to invest at all?
Again, with defined risk positions there is no way you can blow up an account. Options expiring worthless works for you if you're a net seller. Others have written extensively about strategies: https://earlyretirementnow.com/2019/03/27/passive-income-thr...
This is not something someone should do without the prior research. It's not for everyone. But compared to something like opening a small business (which I haven't done, but would consider very risky) at least in this "business" your risk can be defined.
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I disagree. Not with the facts stated, but your interpretation of them. With defined risk positions, the risks are easy to understand. Of course you can't compete with the institutions, but should that be a reason not to invest at all?
Again, with defined risk positions there is no way you can blow up an account. Options expiring worthless works for you if you're a net seller. Others have written extensively about strategies: https://earlyretirementnow.com/2019/03/27/passive-income-thr...
This is not something someone should do without the prior research. It's not for everyone. But compared to something like opening a small business (which I haven't done, but would consider very risky) at least in this "business" your risk can be defined.