Make $800 A Day – Really

Trading Options

The way I’ve been able to make $800 a day so far has been Day Trading Options. This is not easy but it can be done.

Startup Costs

Best to start with at least $3000-$5000 in your Brokerage account to be able to take advantage of market moves.

Required Tools

You will need at least one Brokerage account and access to a trading platform. Robinhood has a nice app you can trade with on your phone. Charles Schwab has StreetSmartedge. TradeStation has their own great trading platform. These last two are designed to be used on a laptop or desktop.

You will also need to be approved to Trade Options by the brokerage. Typically, they will approve you if you just ask for it.

Training

Start out paper trading. Which means, DON’T USE REAL MONEY, to start. You write down the trades that you would’ve made so that you get comfortable trading and understand better when to buy and sell and how to use stop losses. Trading options is very risky and you can loose all your startup money.

It is best to take some time and learn different ways to make money from options trading. Choose the ways that make the most sense to you and you feel comfortable applying. Tastytrade.com is a site that has a lot of great tutorial videos that range from beginner to expert levels. If you have signed up for a brokerage account, check with them also for the training courses that they offer.

Wealth Builders Club

MyBB Forum for Investors
B.I.O. (By Invitation Only) Forum for Investors by Bill Spetrino. For Beginning Investors, As Well As Experienced And Professional Traders. There’s Open Exchange Of Financial Information, Ideas, Theories And Strategies For Trading The Financial Markets. “near Real-time” Trades Are Posted On Stocks And Options

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