$1,000 *Starting* Options Trading Account (lets see how high or low i can go)

How far do you think I can take this in one month? place your bets!

  • Total voters
    44
Esko said:
Hello,

I've been browsing these forums for a few days and finally decided to share my trading story with everyone daily as it unfolds starting Thursday September 17th.

I will start with a $1,000 account and try to build it week after week trading Options (calls and puts direction wise only, nothing complicated).

I will post daily screen shots as proof of my gains/losses.

Before anyone steps in here and advises me not to do this please know Ive done this before and am a somewhat seasoned trader with a few year of experience under my belt. I appreciate all the advice this forum has to offer and I'm always open to learning new things from everyone I come across in life.

Please note that Options trading is extremely risky and can be mentally, emotionally and financially draining (its a casino). Trying something like this you have to go in already accepting that you've lost the $1,000, this is my mind state. Although I'll be cautious and respect my trading rules as strictly as I can.

I'm excited and this should be fun and rewarding if done right, Happy Trading!
More...

What underlying stocks are you going to use?
 
Options trade, is high risk / high reward, you'll either blow it or double++++ it, not much inbetween, 50/50 totally, but the issue is no matter how many times you can double it, eventually you'll blow it, yes I have experience in doubling it many times just to blow it all over night on a gap up LOL

Good times !! NOT!!
 
Esko said:
Hello,

I've been browsing these forums for a few days and finally decided to share my trading story with everyone daily as it unfolds starting Thursday September 17th.

I will start with a $1,000 account and try to build it week after week trading Options (calls and puts direction wise only, nothing complicated).

I will post daily screen shots as proof of my gains/losses.

Before anyone steps in here and advises me not to do this please know Ive done this before and am a somewhat seasoned trader with a few year of experience under my belt. I appreciate all the advice this forum has to offer and I'm always open to learning new things from everyone I come across in life.

Please note that Options trading is extremely risky and can be mentally, emotionally and financially draining (its a casino). Trying something like this you have to go in already accepting that you've lost the $1,000, this is my mind state. Although I'll be cautious and respect my trading rules as strictly as I can.

I'm excited and this should be fun and rewarding if done right, Happy Trading!
More...

Good luck! :banghead:
 
Don't know you but the Stats I know however I didn't want to bring you bad luck by filling a bad destiny. You're free to double it up (at least) ! Enjoy.
 
Esko said:
I use Etrade, and thats one of my accounts. Not sure why a broker would'nt allow someone to trade with a $1,000 account, am i missing something?
More...
Call Tradestation, but they require 5k to open a paper trade account. You maybe better off buying lottery tickets. Good luck
 
Options. You don't even need margin account so no 2k requirement, I was down to $70 at one point and still trading lol

Opening used to be $300 but a long time ago
 
Turveyd said:
Options. You don't even need margin account so no 2k requirement, I was down to $70 at one point and still trading lol
Opening used to be $300 but a long time ago
More...
Used to be. Call them now and see for yourself...
 
Esko said:
Hello,

I've been browsing these forums for a few days and finally decided to share my trading story with everyone daily as it unfolds starting Thursday September 17th.

I will start with a $1,000 account and try to build it week after week trading Options (calls and puts direction wise only, nothing complicated).

I will post daily screen shots as proof of my gains/losses.

Before anyone steps in here and advises me not to do this please know Ive done this before and am a somewhat seasoned trader with a few year of experience under my belt. I appreciate all the advice this forum has to offer and I'm always open to learning new things from everyone I come across in life.

Please note that Options trading is extremely risky and can be mentally, emotionally and financially draining (its a casino). Trying something like this you have to go in already accepting that you've lost the $1,000, this is my mind state. Although I'll be cautious and respect my trading rules as strictly as I can.

I'm excited and this should be fun and rewarding if done right, Happy Trading!
More...

This didn't last long. He must have got wiped out Friday. Trading is not an easy gig.
 
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