The Importance of Trading Options

In 1998 on the trade desk my idiot partner right let one of our clients buy 70 grand worth of options in an account with no money in it. He doesn't show up for work the next day and his boss is screaming at him about what he's doing. "I could have got it made 50 grand and then caught myself an excellent trader" says Mark O'Mara, who has never traded gold again after losing $5 million to a client that was trying to sell off its entire stock portfolio. 'You get back on the horse and you do start small,' Mr. O' Mara advises investors as they try to recover from their losses.