F.A.Q. | F. A. Q.
Can you guarantee that I will make money by trading stocks and options?
There are no guarantees especially when it comes to trading. Do not invest money with the hopes of a get rich quick scheme, plan for the long-term.
Can I get a refund on a 1 on 1 options/equity mentoring course?
No, all sales are final.
How long does each 1 on 1 options/equity mentoring course take?
This depends on how much each individual wants to learn and how quickly they learn. Some courses can take only a few sessions (1-2 hours long) and others many take 10+.
Do I need a margin account to trade options?
No, simple long call or long put strategies that require a margin account. If you want to trade option spreads or sell naked options you will need to a margin account.
How much money do I need to trade options?
The minimum account size varies from broker to broker, but some will let you open an account with as little as $1,000.
What percentage of my portfolio should I allocate to each trade?
We believe in allocating no more than 5-15% of your portfolio into each trade, but this depends on each individual. If you have never traded options you might only feel comfortable allocating a few percent of your portfolio into each trade. It ultimately comes down to each individual’s risk tolerance.
Can I trade options in my IRA?
Yes, most brokerage firms allow you to trade long calls and long puts in an IRA. Some brokers even allow investors to trade option spreads as well.