Trading For A Living - How much money do you need? - Trading Basics

Trading For A Living - How much money do you need? | Coffee With Markus | Episode 160

How Much Do You Want To Make A Month?: 0:48
What Is The ROI of Your Trading Strategy?: 3:19
Use A Formula To Determine Your Account Size: 6:15
Real-Life Example: 11:44

People often ask me, "How much money do you need to trade options for a living?"

For everyone, the answer to this is different. What are your monthly expenses? How much do you need to cover your housing costs, groceries, recreational expenses, etc.?

What are your profit expectations? What is the ROI you expect to earn with your trading strategy?

These are all questions you must answer first before you can figure out how much money you have to have in your trading account to be able to live off of your profits.

In this video, I will show you how to figure all of this out with a simple formula, so you can start working on a plan to accomplish these goals, and figure out how much buying power you need to be able to trade options for a living.

Recommended Links & Videos
Trading The $500,000 Account Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2kQMFb5UaY9mLx8kH7MOye0
The Wheel Strategy Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
Get Your Copy of The Wheel Book: Wheel book: https://www.rockwelltrading.com/wheelbook

To get the transcript and MP3, go to: https://www.rockwelltrading.com/articles/coffee-with-markus/trading-for-a-living-how-much-do-you-really-need/

#StockMarket #TradingOptions #OptionsTrading
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Видео Trading For A Living - How much money do you need? - Trading Basics канала Markus Heitkoetter