040-Why Your Broker Will Not Prevent Death By Thousand Cuts

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OptionGig

Business


In this episode I will talk about the biggest mistake that I see rookie option traders doing Their brokerage firms are also at fault for not allowing them to do profitable option strategies. Brokerage firms give excuse that they do not want their clients to blow up their account. But the same firms do not do anything to prevent death by thousand cuts.  In fact, their, permission levels perpetrate slow death of retail investor accounts while they themselves enrich by making money on each losing trade of their clients.