2021/1/10. The Option trade
I got ¥100,000($1,000) with option trade.
I have done good trade, but I am worrying about the stock markets now.
The stock market is booming now.
It’s not bad at all.
But it seems to be dangerous.
Everybody becomes greedy, so take care!
I recommend that keeping high cash position and entering into stock market with the money which you can lose.
When everyone becomes greedy, it’s time to stop dancing on stock market.
I have bought Gold & Silver.
They are not so high prices.
And I will bet my money with option trade again in near future.
This site provides how market is greedy or fear.
https://money.cnn.com/data/fear-and-greed/
Now it’s 77 points greedy.
There may be some space to raise stock prices.
But I feel something is going strange.
This is because nobody can stop money financing by central banks.
I guess that stock prices will get higher till July in this year.
But I don’t have solid confidence.
This stock market’s booming will end in one day.
But I don’t know when it will end.
Of course, if I know it, I will be richer.
So I prefer to trade with option or similar features.
Because they limits how much money I lose.