Option Millionaires

[xtrahott]

Depends on how you play, you can play bigger money say 5 figures and play the percents. A 10% move would net you $1000. When that happens then you can move your stop up and try to grab some extra if its still going. My personal win/loss is at around 60% loss 40% win. Some weeks I'm all green, rarely am I ever all red. But I play more lower trades $500 or less. There are some plays I'll throw more in because im confident in it..like NFLX, GMCR tanks.
They trade with moves like pennies, but they have a time delta so if the price doesnt move enough to support the premium you'll lose money even if the stock is up a little bit.
Paper trade a lot, throw some trades in first dont go all in ever.
Theres some very experienced guys on this board that can answer more indepth questions you have and will be very happy to help.
The plus side..even the bashers work in our favor because we can short it :)