HOW TO TRADE A SMALL ACCOUNT

First, recognize your money patterns and own them. Choose to not allow
someone else’s past issues affect your trading results. Again, the crucial
key is to detach emotionally from your trading. The best way to detach is
to trade from a well thought out plan.
As you read this article, which points made you squirm the most? The
most uncomfortable points will be the first area to focus on to improve
your trading results. Discomfort signals denial or expansion. The great
thing is that most of the points above are absolutely free. That’s a risk
reward you don’t see often in the trading world. I’ll take it.

II. An Option strategy guide to get you started:

General Option Guidelines:

✓ When Implied volatility is high it is better to sell options

(Credit Spreads, Iron Condors)

✓ When Implied Volatility is low it’s better to buy options

(Delta 50 to 70) & Vertical Option Debit Spreads

✓ When a market is in a consolidation phase or a volatility

compression squeeze, look at this as a sign that a low volatility
environment is about to change into a high volatility environment.

✓ And change your trading style accordingly.

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