Why Am I Losing Money

[westbamlove]

Total Newbie to options. Watched some videos, and placed some orders. I'm using ETNA demo account

As far as I know, every order should have been a winner @ expiration, however, i'm at a $270 loss

Can anyone tell me what I'm doing wrong? (see attached P/L)

 

[Vasey]

Options trading is very risky and most of the traders loose their money because they lack knowledge and skills. Always start with some experience and knowledge.

 

[timsk]

. . . Always start with some experience and knowledge.

Starting with some knowledge is sound advice and achievable, but starting with experience? Not sure how that works! Perhaps you mean that 'westbamlove' should start out trading a demo account until s/he's gained sufficient experience to trade a live account? But, given the size of the account, it's reasonable to assume that s/he is already doing just that.