Mephist0pheLes
Arch-Supremacy Member
- Joined
- Mar 26, 2014
- Messages
- 10,465
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Seems like selling options safer den doing forex/metals
the only issue is how to automate it
I think u sld stop trying to find ways to generate money for free as this mentality is actually dangerous.
From what u wrote, it sounds like u r trying to use trading to fix immediate financial stress. Trading is not steady income, especially when u r new. It’s volatile and streaky, and once u need the money, risk control goes out the window. People oversize, break rules, and chase losses without even realising it.
The focus on VPS specs, EAs, and automation before even knowing what edge u have is backwards. Automation doesn’t make a strategy profitable. It just makes whatever u r running happen faster. If the method is lousy, it will lose faster and without u watching.
Switching from forex or metals to option selling because it “seems safer” is another red flag. Option selling feels safe as we are in a bull mkt now. When losses come, they can be big, correlated, and usually hit during stress when margin disappears. Automating that while still new is one of the fastest ways to wipe out an account.
The most dangerous part is that this probably isn’t spare money. If u r trading money u can’t afford to lose, even a good strategy turns bad because u won’t survive normal drawdowns.
If u proceed, i can almost be sure that it will end in real damage, maybe beyond just money.