How to Not Go Broke Trading Options on Robinhood

5 min read

Five simple rules for new traders The COVID-19 pandemic has shuttered most workplaces. Many people are now working from home, or not working at all. Large-scale social activities, including sporting events, concerts, bars, restaurants and casinos were closed to slow the spread of the coronavirus. Although restaurants are starting to re-open (as of June, 2020), most major sources of entertainment are still shut down.What are people doing for entertainment instead? According to a popular media narrative, millions of “bored young people” have started day-trading stocks and options. In April, the no-fee trading platform Robinhood announced that they added three million…...

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Tim Garlick Tim Garlick has been investing and trading stocks and options for over 25 years. In his professional life he worked in the technology industry, specializing in security, networking and cloud solutions. He created and delivered training courses for major tech companies such as Google Cloud, Docker, VMware, Cisco, Oracle and Sun Microsystems. He now spends his time trading options and sharing his knowledge with others. Visit Tim’s site at The Options Hive, where you’ll find free education, tools and resources to learn more about stock options trading.