How to Not Go Broke Trading Options on Robinhood

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…...