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To: Jill who wrote (63505)1/23/2000 1:16:00 AM
From: Jon Koplik  Read Replies (4) of 152472
 
Warning to all on option trading. When I see things like :

<<Your original post was simply a genuine, polite, and friendly reminder that options are not the road to disaster >>

And then I look at SI profiles (of people saying things like this) to see what they put down for number of years of investment experience, etc. ...

I just want to remind people ...

Based on my (now) 25+ years of investment experience (including some time as an options arbitrage trader on Wall Street)

Do NOT kid yourselves into believing that trading options is simple, easy, safe, etc.

It is not.

If you do not really know what you are doing (and, even if you do), chances are -- you will give back most or all of your "winnings" later in your investing career.

Jon.

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