You are 100% correct and quite honestly folks should be treating this challenge like I am 1 for 100. Options are extremely risky....
The second time I ran the challenge I was balancing way too much and wa not able to give timely trade info. The account t did go from 2k to 5k in a few days. But then dwindled away and I stopped showing the trades.
It may seem like you were pointing that out in a negative fashion but I think anything that installs caution into folks trading is a good thing.
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