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Reliable broker for a rookie

  #25 (permalink)

Dallas, Texas
Trading Experience: Intermediate
Platform: TOS
Favorite Futures: AAPL, /ES, IWM, SPY Options
Posts: 330 since Oct 2012
Thanks: 552 given, 176 received

Calming View Post
Is that the amount that you started with at first?

Started with 0, actually negative, lived in trailer after college and saved and bought F in 2004.

Then started buying AAPL in 2005 because I really liked the IPOD, moved into options in 2006 just in time for the recession in 2008 that cut my investments in half and had to roll all my option down or was assigned.

Started selling index, equities options mostly puts after tried numerous option strategies around 2010. Investing in companies such as AAPL and FB along the way, been doing that ever since

But yes 10k per contract for me right now on day trades on /ES. I would think 6-7k would give you a fighting chance with a discipline strategy anything less I would save that amout first. Don't waste your time on combines to get funded better off working and saving, they are just selling a pipe dream.

Volatility is good for the market and trading.

Preservation of capital is the most important concept for those who want to stay in the trading game for the long haul. - Van Tharp
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