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

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

Intro: 0:00
How Much Do You Want To Make A Month?: 2:15
What Is The ROI of Your Trading Strategy?: 5:35
Use A Formula To Determine Your Account Size: 9:12
Real-Life Example: 15:07
Deep Dive Q&A: 20:41

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 today's episode of Coffee With Markus, I will show you how to figure all of this out 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 and videos:
Growth Trading vs Income Trading: https://www.youtube.com/watch?v=7aosZJwQ-kc
Wheel book: https://www.rockwelltrading.com/wheelbook
Trading With Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&feature=youtu.be
PowerX Strategy Book: https://bit.ly/2wMQ7zW
Theta In Options: https://www.youtube.com/watch?v=kSZWxk3qCZI
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb

#StockMarket #TradingOptions #OptionsTrading
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Видео Trading For A Living - How much money do you need? (- Coffee With Markus - Episode 160 канала Markus Heitkoetter