This is my last opportunity to take the AMC 10 and I am hoping to at least make AIME. I think I can achieve this and I am willing to put in at least 3 hours a day. Should I start with the intro books or just go right into vol 1, as I have 5 months.
I am a rising 9th grader and I have tried my hand at some of the AMC 10 past tests and I can barely solve any problems. I would not say I’m amazing at math, I get As but I’m not super good. I have never studied for these tests and I am wondering when you first tried them how intuitive was it for you?
Just curious as a beginner trying to understand.
I fully understand the dangers and risks of using leverage, but I was wondering if trying to grow a small account it is acceptable. I have been paper trading crypto perpetual contracts for about a month and a half to try with $100 to see if I could be profitable. So far I have been making decent money, but I have been using 10x leverage (The sim does not allow for leverage between 1:1 and 10:1). I have been trading about 80 dollars margin using 10x leverage, putting my stop loss at 10 dollar risk with a 40 dollar take profit. I don't want to mess around with leverage with real money unless I know if it is acceptable.
Thank you for your time.
I fully understand the dangers and risks of using leverage, but I was wondering if trying to grow a small account it is acceptable. I have been paper trading crypto perpetual contracts for about a month and a half to try with $100 to see if I could be profitable. So far I have been making decent money, but I have been using 10x leverage (The sim does not allow for leverage between 1:1 and 10:1). I have been trading about 80 dollars margin using 10x leverage, putting my stop loss at 10 dollar risk with a 40 dollar take profit. I don't want to mess around with leverage with real money unless I know if it is acceptable.
Thank you for your time.
Do you have a strategy, go with news, or ride on waves?
I know I’m probably going to get flamed for asking this, but I just can’t seem to understand it.
Say you buy a put contract for $200 total with a strike price of $10, and then the stock price goes up to $11. I understand that this would make the contract basically worthless, but I don’t understand why.
What confuses me is: why wouldn’t I just sell my shares for $10 anyway and avoid losing the $200 I spent on the contract? I know I could sell the shares on the market for $11 instead, but then why does the contract lose value completely? I know this is wrong but idk why.
Please be kind. Thank you
can’t tell because it felt like I was flipping forwards almost