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drader77

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Everything posted by drader77

  1. 1-Why. I realize that trading will have a learning curve and I will have to be disciplined and patient. I don't want to trade for a living because I want to have the freedom to make good decisions without worrying if I'm going to be able to pay the mortgage. But I'm not going to lie, I want to be financially independent which to me is the same as being rich. 2-Commitment. I can commit about 10hours a week 3-Timeframe and method. I will use options to take advantage of a huge news opportunity, but I will primarily either use options strategies to trade directionally or non-directionally as the market lends itself. 4-Account/investment size. I've got about 5k to trade, and I would like to have a minimum 20% ROI per year. Realistic? 5-Money management. I understand that losses are part of the game from playing poker, but if one consisting makes trades with a positive expected value, he can come ahead over time. I plan to limit losses using stops. 6-Product. Options 7-Broker. Options House 8-Platform. Options House Platform 9-News source. Need to learn more about this. I have been using Google Finance. 10-Computer. Computer is ok. 11-Internet Connection. Have reliable high speed internet Thks, Drader77
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