Directly from Our Co-Founders: Personal Blogging and Our Direct Responses from Q&A Sites.
My broker’s website appeared online but orders weren’t being accepted. I tried and tried again until I really needed to exit the trade. The loss was growing quickly and I risked assignment on a big position.
The majority of the big online brokers are fairly safe. I use TDAmeritrade.
However, don’t think all the discount brokers are made equal. I have to share my story as a word of caution.
In a very technical sense, a long gamma means that the delta of the trader's position will increase by a certain amount described by gamma for each $1 move in the underlying stock. Now, let’s cut through that jargon and simplify a bit (without oversimplifying).
You want to get into options trading but are worried that options trading is "too risky". You can control your risk with spreads
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