3 Deadly Mistakes Beginner Options Traders Make

I've learned a lot about trading over the years, both from my experience working as a forex trader on Wall Street and also from my 5 years of trading options on my own at home for side income. I wanted to save you from some of the pitfalls that happen to many people who are just starting to dip their toes into options trading, and I've got some stories to share with you as well (since no one is immune to making mistakes) - so watch this video to hear my take on the major pitfalls to avoid!
***ATTENTION: I have a new Instagram and TikTok handle @itsrosehan ***
That's my official account, and I will NEVER message you about investment schemes, so please be careful and block & report any scammers posing as me.

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***THINGS MENTIONED IN THIS VIDEO! 👀***

💫 My $400/Day Side Hustle

💫 Options Trading for Beginners (WITH DETAILED EXAMPLES)

💫 Best App For Trading Options

💫 Is Options Trading GAMBLING?

💫 ***OR CATCH THE WHOLE 6-WEEK SERIES W/ THIS PLAYLIST!***

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***BOOKS I RECOMMEND 📚***

I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)

The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)

InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)

Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)

Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)

Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)

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***MY FAVORITE MONEY TOOLS 🖤***

YNAB (I literally can't live without this budgeting app, so obsessed)

Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)

Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):

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DISCLAIMERS & DISCLOSURES ❤

This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

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SAY HI ON SOCIAL! 👋🏼

[corbinvail]

you're basically the only person teaching options that doesn't lead with "This guy over here is up $500K in a year after using our teachings!" Thank you for being real and teaching us long term skills with attainable goals!

[edkoehler]

From someone who lives on dividends and options you do an excellent job of explaining both. I am a pretty savvy investor and you go beyond explaining both for the novice and the expert.

[syedarmaghanhassan]

Moral of the story: always buy call/put options because you only lose the premium (purchase ptice you already paid). Never sell them, ever!

[DreadMike]

I had my share of losses in option trading. I fell back and started to study and watch videos on option trading, few videos were simple like yours Ms. Rose and the rest is so confusing. Since I downloaded your options notes, I understand it now.

[ChosenMJ]

What's up Rose! 😁
Got #1 covered. The stock market itself is a risk. You win, you lose. Got #2 covered. My daily mantra when it comes to investing. Got#3. I've learned to step back when I make a very successful trade(s) because I have to absorb how to best invest the funds. Nice tips!

[orawancarlile]

I follow your van life to this video clip and I have to say "Thank You for making the video about investing." Many women have no financial security due to no fault of their own from divorce, being laid off because they are over 50, and a situation with family to be caretakers of the elderly...so on and so forth. This is enlightened me to more options for earning and being financially independent.

[enjay]

These are all great points. I have been a long-term investor but am interested in doing some stock trading, as a side hustle. As for trading stocks, I personally am beginning to think that simple stock trading of good companies would be the way to go, for me. That way, if the stock goes down, I can simply wait for it to bounce back in price to sell. There isn't a deadline to worry about, and i don't have to commit to purchasing 100 shares, etc. But I really appreciate this video series, because I have learned more about the stock market, namely options, calls and puts, etc. Knowledge is power!

[trinastiff]

As a super newb investor, I'm quickly becoming a huge fan of yours, Rose! Thanks for making these videos! Can't wait for the live training!

[flyingostrich]

Thank you so much for making these videos! I got into options a few months ago because of a side comment you made in an older video about covered calls. I never would have even known what options were if it weren't for you! Your content is so easy to understand and makes the whole process less scary and more realistic 🙏🏻🙏🏻🙏🏻

[IanSRutter]

Looking forward to the live training.
Good advice on the video.
I've been practicing with Interactive Brokers TWS. So far, I've been doing well, but I have limited myself to only buying contacts no more than $200 as that will be 5% of my fund when I add real cash.
I have to say, even when I am only using fake money I was worried as I've spent a few months studying Options and didn't want my first few trades go belly up.
So far so good, but can't wait for your seminar.
You seem very genuine and you want to really help.
Keep up the great work.

[donaldschultz]

Maybe I missed it in this video series. Do you need to own the stocks before you can sell an option? Or can you buy it after the buyer wants to exercise that option?

[Jayee]

You should make a video on how you pick options or how you pick which stocks to play options with

[martinvanburen]

Thanks Rose for all these great informative vids. In college all my buds went to Wall Street but honestly, I was too intimidated by it all. I had no ideas what anybody was talking about and it seemed very fast paced. Anyway, no that I’m older and have a bit of perspective and money, I’m interested in learning all about trading thanks to you.

[jenn]

Hi Rose, would you be able to share quick market tips for stocks such as Tesla? is it worth to buy now?

[danielwilson]

So, do you have or is there a good source to explain option spreads with tutorials or examples?

[roychastain]

Rose, Thank you for your explanations and I look forward to seeing your training. But, I don't think you've explained that some of your examples involve naked calls, which is Uber scary. Your example of buy to counter the sell I guess is "insurance" but I need more information to see how to do that safely.

[tomdixon]

$20 a week? How do I do that when the options are covered with 100 shares of backup on the regular price of the stock?

[blackdiamondrob]

so selling a call seems to have the most risk without a creative strategy?

[obiwon]

How can the lose be infinite? I thought you can only lose the cost of the premium?

[ericksonimanzi]

Hello Rose thank you for this video, Do you have a walkthrough video where you demo trading options on TD ?