Hey MNYC, I've been having a bit of trouble grasping how you guys all trade options for profit. Apparently I need a margin account and level three trading authorization, but after that, what do I do? What do you do? I'm literally just starting out but have fallen in love with options and stocks (have been trading stocks for a while), and want to expand a bit. Could you or anyone else please private message me and explain how you started, what you do now, what you do it for, and how you do it? I'd greatly appreciate it!
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