>>62156281
It is excellent if you know what you're doing and you have the time to sit at a computer all day long. 99% are too stupid and most of the last 1% are too busy because they're smart enough to have jobs in high up places, which is exactly why 0DTE is riddled with 70iq gambler scum

>coinflip gamble with zero risk management
>"investing"

>>62156287
Day trading doesn't work though.

>>62156281
They are fairly priced so its a coin flip.

I can't look at the options degeneracy the same way anymore after learning that the Indian market is obsessed with them

>>62156303
maybe if you're too dumb to learn it and lack discipline

>>62156319
source?

>>62156287
>It is excellent if you know what you're doing
I'd argue if you size appropriately 0dte is the best option (kek) for someone that doesn't know what they're doing.
It's like trying to learn glorious Japanese. Who's going to become fluent faster? Someone who practices the language maybe 20 hours total spread out over every 15 days or someone who practices 7 hours a day for those 15 days day in day fucking out?
That's what trading 45 day options is compared to trading 0 day options. The guy spending a few hours managing for 21 days in his 15 trading days, that guys simply isn't learning at the same rate as someone in the trenches all 7 hours of every trading day. He can't. It's impossible. 45 dayfag might feel better about being less stressed out and about having more free time but it's the false comfort of slow perpetual incompetence. Most people blowing up accounts aren't doing the wsb shit of throwing it all on black for earnings, they're people who are trying to do things "right".

>>62156281
Casinos at least give you free drinks

>>62156651
>size appropriately
0dte "traders" probably don't know what that means

>>62157579
???

>>62156281
Why do they explain how to pronounce basic English?

>>62156651
> Volume == experience
Sure.

That's a scam

really, what is the point of 0DTE?
from what I see
>random intraday movement
>chance of random news related to the stock market/macro
>you assume it is overbought or oversold
>you assume that you know how people will react, as it being overbought or oversold doesn't mean it will mean revert today or tomorrow or in a week, or perhaps not even for months

>>62156281
Options kinda suck for trading because the market makers can fuck you over by refusing to honor the actual value. They use this in combination with the ol' high-frequency trading scam to screw you.

The HFT scam was discussed years ago -- the trader in NYC places a thousand offers at various prices all hovering around some mark, waits for the sucker to come along and place a no-limit-price order, and before the sucker's sale can happen the trader pulls all but the very lowest bid. The sucker's sale completes for a price well below market.

Example:

Once upon a time I bought calls on an undervalued stock, watched it go up, and tried to cash out on the expiration date. I did the math, priced the options at what the market value was, and every time I placed an order, the market maker moved his price down so that he didn't have to buy. It didn't matter what I set my limit at, the market maker kept pulling the rug out from under me to try to get me to place a no-limit order that he could scoop up and fuck me over on.

So I finally called my broker and told them to force the exercise of the options. It cost me a bit in trading fees but much less than I would have lost if I'd let the NYC market maker kike me out of my money.

>>62158424
Is this the same as the bots on polymarket where they place sell orders below you immediately after placing a limit order?

>>62156281
Just abnormally high r2r