Small Account

As an aside, I tuned into that Overwatch match on ESPN2 when whomever posted about it today up above. Had never heard of the game, and didn't even know Blizzard was making FPS games.

They've (developers) come a long way from Doom and Quake. Crazy stuff.
 
Here's the first posted to the ES Journal in the midst of a $4MM PNL run since October. You can see the account number and the time stamps that occurred a few minutes before posting. I know. $4MM is piker shit.

We'd like to see yours, stud!

https://www.elitetrader.com/et/threads/es-journal-2019-2020.328086/page-284#post-4827663

Here's a screen pic of my laptop from my phone while sitting in the hotel's restaurant. Psst, check the time stamps.

https://www.elitetrader.com/et/threads/es-journal-2019-2020.328086/page-291#post-4829276

Bro, you don't trade and if you do it's piker CFD shit for pennies.
 
Overnight said:
As an aside, I tuned into that Overwatch match on ESPN2 when whomever posted about it today up above. Had never heard of the game, and didn't even know Blizzard was making FPS games.

They've (developers) come a long way from Doom and Quake. Crazy stuff.
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The Overwatch League will be the first esport league adopting a traditional sport format. CEO Bobby Kotick is high school buddy with Mets owner Jeff Wilpon. The 2 of them got Robert Kraft to buy in. That’s how the league got started.
 
chyldom said:
Hello guys,

I would like to ask you few questions. I would like to start trading options, but I will have limited account. Lets say 4000$.

I saw some courses for 1000-3000$, do you think is it worth it to buy these courses? Or it is better to start learning from free resources and better to invest in myself and fund my account. I know sometimes you need to pay for knowledge and learning, but in world of rich trading gurus it is hard to believe someone.

I know I am not going to be a millionare from 4000$, my point is to learn how to trade small account and be profitable in a first place.

Would you suggest any paid course? Or any free courses, youtube, book or anything? I know there are tons of books and videos to watch and learn, but this is mainly for a big account about 25000$ and more.

Would you suggest TastyTrade to learn how to trade options?

I would love to learn how to trade, but when I see this big trading accounts videos, I just dont know where to start and learn..

So I will be glad for every advice, if you tell me fund your account and learn it by yourself, good but please tell me which strategies you would use for 4000$ so I can study this strategies as much as I can. Thanks a lot guys and have great and successful week!
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I have not read all responses (there are too many of them), so I'm not sure whether my comments have already been said by somebody else.
Your opening sentence "I would like to start trading options" is already an incorrect starting point. There are so many different financial instruments to trade. And each class has its own characteristics related to risk and how much investment is needed. Before knowing how to trade and what risk you are willing to take is it not correct to already limit yourself to one class (stock options).
In my view the best approach would be to first read a lot about trading in general and the many ways you could do this (some ways you'll like better, and others less). Then you do "dry runs" on a paper trading account (also known as simulation account) with various classes: ETFs, stocks, stock options, futures, forex. Those practice runs will teach you how much money you'll need and how quickly you can lose your money. This will give you an impression how much risk you are willing to take, without actually losing your real money. If, by this stage, you have not yet given up you can decide to either start trading with your own money, or spend your money on paid training courses. I have never taken any of those courses so I can't advise which one is any good.
 
Baozi said:
@destriero @dozu888

why don't you guys solve your differences with one of those old school trading competitions?
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that's pointless.

perhaps an old school rifle duel but then that's a shitty deal for me because I have too much to lose after pulling multiple 7 digits and him still living in a basement.
 
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