THREAD - (Short term Options)
Many of the messages I get regarding options are referencing outside the money (OTM) calls w/ expirations a week or two out (or less)
It's no wonder these traders are often very concerned (even frantic) about the outcome of their trades.
a.k.a. Long term options typically w/ an expiration of longer than a year)
While playing OTM weekly options has the potential for huge returns, & will undoubtedly get your adrenaline pumping, it's also an easy way to lose your💰
Each trade should be a *very* small percentage of your account, and you should assume that every trade you make is going to zero.
You can still make massive returns on options that have expirations that are 2+ months, even 2+ years out without taking on so much immediate risk.
Once you take the time to fully understand the power of compounding, you'll be much less likely to want to trade vehicles with extremely high risk.
When I started placing more focus on consistency, protecting my capital, and compounding my money instead of hitting home runs, my account grew exponentially faster 📈
More from Economy
Thread on eminent people supporting farm laws:
Dr. Gita Gopinath, Chief Economist at IMF says "Farm bills are in right
Dr. Surjit Bhalla, executive director at IMF support farm
Godrej Agrovet Chairman Nadir Godrej tells Bloomberg that agriculture reforms are important for
Prof Ashok Gulati supports new farm
Vice-Chairman of Bharti Enterprises Rajan Bharti Mittal supports the new farm
Dr. Gita Gopinath, Chief Economist at IMF says "Farm bills are in right
Dr. Surjit Bhalla, executive director at IMF support farm
Godrej Agrovet Chairman Nadir Godrej tells Bloomberg that agriculture reforms are important for
Godrej Agrovet Chairman Nadir Godrej tells Bloomberg that agriculture reforms are important for India. pic.twitter.com/N6rnelLn0E
— BloombergQuint (@BloombergQuint) December 11, 2020
Prof Ashok Gulati supports new farm
Vice-Chairman of Bharti Enterprises Rajan Bharti Mittal supports the new farm
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Recently, the @CNIL issued a decision regarding the GDPR compliance of an unknown French adtech company named "Vectaury". It may seem like small fry, but the decision has potential wide-ranging impacts for Google, the IAB framework, and today's adtech. It's thread time! 👇
It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha
I've read it so you needn't!
Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.
The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.
Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.
It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha
I've read it so you needn't!
Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.
The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.
Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.