In this video, Charlie Munger talks about why he believes that options and derivatives trading is like gambling. Video filmed Feb. 2, 2010. The full talk is below:

Best Investment Books:
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Principles by Ray Dalio: https://amzn.to/2Fh44a3
Poor Charlie’s Almanack by Peter Kaufman: https://amzn.to/2ZLTJfY
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LINK TO FULL TALK: https://www.youtube.com/watch?v=RtvTOJISXKg

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Hi and welcome to another video of Trading With Smartrader. In this video I talk about how I turned my 00 into 000 in 3 days of options trading. I go over the screener I use to find these stocks and the pattern I use to trade these stocks. The stocks I played all follow the 13 ema and 50 sma squeeze pattern. Look for this pattern as it has been working in this stock market crash. It is all about trading options in this stock market correctly.

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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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