The Truth About Trading

People often ask me, "How much money do you need to trade options for a living?" In today's episode I will show you how to figure all of this out so you can start working on a plan to accomplish these goals, and figure out how much buying power you need to be able to trade options for a living.

Show Notes

People often ask me, "How much money do you need to trade options for a living?"

For everyone, the answer to this is different. What are your monthly expenses? How much do you need to cover your housing costs, groceries, recreational expenses, etc.?

What are your profit expectations? What is the ROI you expect to earn with your trading strategy?

These are all questions you must answer first before you can figure out how much money you have to have in your trading account to be able to live off of your profits.

In today's episode of Coffee With Markus, I will show you how to figure all of this out so you can start working on a plan to accomplish these goals, and figure out how much buying power you need to be able to trade options for a living.

Recommended links and videos:
Growth Trading vs Income Trading: https://www.youtube.com/watch?v=7aosZJwQ-kc&t=0s​
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/​
Trading With Margin: ​https://www.youtube.com/watch?v=UHy84SOGl4Y&t=0s
PowerX Strategy Book: https://bit.ly/2wMQ7zW​
Theta In Options: ​https://www.youtube.com/watch?v=kSZWxk3qCZI&t=0s
Wheel Playlist: ​https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb

What is The Truth About Trading?

This podcast is for everybody interested stock trading, option trading, investing in real estate, making money and motivation. Your host is Markus Heitkoetter, a self-made multi-millionaire, bestselling author, and the Leading Trading and Investment Expert. Markus Heitkoetter is also the CEO and Founder of Rockwell Trading.