Creating Income with Options | Trading a Smaller Account | Barbara Armstrong | 9-9-24
Trading a Smaller Account | Barbara Armstrong | 9-9-24
Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D
Do you have a smaller account ($5,000? $10,000? $25,000?) or are you interested in trading a smaller portion of your larger account? Explore ways to trade, manage, define risk and learn about options strategies in this Active Trader class. 1023-3KVR
In this webcast, we discussed generating income using options and shorter term trading strategies with a smaller account. We also discussed the importance of having a trading plan and trading with discipline and consistency. We reviewed several example positions in our current portfolio and demonstrated how to adjust stops and exits on both stock and options positions. We also placed 3 new example trades on the thinkorswim paperMoney platform.
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction.
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