Here are some do’s and don’ts to keep in mind when trading options

             Don’ts :–    

  • Educate yourself: Before trading options, make sure you have a solid understanding of the underlying  asset, option pricing, and option trading strategies.
  • Start small: If you are new to options trading, start with small trades to gain experience and  confidence.
  • Use stop-loss orders: Stop-loss orders can help limit losses if the trade moves against you.
  • Have a trading plan: Develop a clear trading plan that includes your goals, risk management strategies, and exit points.
  • Stay disciplined: Stick to your trading plan and avoid making emotional decisions based on fear or  greed.
  • Practice risk management: Use risk management strategies such as diversification and position sizing to         manage your overall risk exposure.

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