So I have been studying options for income trading for a little over a year off and on when time allows. Have a beginners understanding of the strategies and the greeks. I am profitable in paper (Yea I know not a big deal) but have done very little live trading.
I am seriously considering buying into the Sheridan mentoring program because I am going to have around 5 months off of work and would like to make the most of my time and get moving in the right direction with my investing. The big holdup is that I only have 20K total in my investing account and I am having a really hard time knocking that down by $6500. This could workout fine because from what I have seen Dan want you to keep your live account at $10k the first year anyway and I should have some much bigger capital to work with in the next few years.
My question to all of you (especially those of you who have been through the program) is it realistic to think that I could be making 3% to 4% a month (on my whole portfolio not just the income portion) two years down the road if I am willing to put in the work? I know there are no guarantees in investing but I donât want to jump into this with unrealistic expectations.
Thanks for an input
Dave
I am seriously considering buying into the Sheridan mentoring program because I am going to have around 5 months off of work and would like to make the most of my time and get moving in the right direction with my investing. The big holdup is that I only have 20K total in my investing account and I am having a really hard time knocking that down by $6500. This could workout fine because from what I have seen Dan want you to keep your live account at $10k the first year anyway and I should have some much bigger capital to work with in the next few years.
My question to all of you (especially those of you who have been through the program) is it realistic to think that I could be making 3% to 4% a month (on my whole portfolio not just the income portion) two years down the road if I am willing to put in the work? I know there are no guarantees in investing but I donât want to jump into this with unrealistic expectations.
Thanks for an input
Dave