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He talked about options, which is unfortunately where a lot of beginners go, but stocks or futures feel like a much easier path Options has so many variables to it, it could go your way and you could still lose. Futures and stocks is simple
Also PDT rules and he had an account below 25k. Futures would be simpler though but sometimes taking advantage of the various factors in options just work. Futures have high margin requirement.
@mechy2k2000 depends on your broker for the high margin requirements, Tradovate/Ninja Trader is only $50 for S&P 500 micros, so a person could potentially start with a $150-$200 account But yeah, options can be started cheaper, and the lack of PDT rules with futures can lead beginners to over trade, so they both got pros and cons
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5:50 Equity curve
12:50 META example
23:00 Having a max loss
26:50 When to size up
36:00 Numbers guy
40:10 Lighting round
It’s always interesting to hear how others did it. There is always something to learn. Thank you both ❤
VERY relatable, thank you both for the time and sharing.
This was one of the best interviews. Great job on this content.
This is a big motivation to me
I have seen his journey personally, growing as a trader over the time. He is an inspiration 😊
Nice to hear from another successful trader🙏.
Impressive n very helpful.
good going mate !
Estoy en cartahena soy nuevo
This guy doesnt Yash around. 🥁
Thnk u for making video
Can u pls share his tweeter link
twitter.com/simpledaytrader
He talked about options, which is unfortunately where a lot of beginners go, but stocks or futures feel like a much easier path
Options has so many variables to it, it could go your way and you could still lose. Futures and stocks is simple
the reason that is because of the profit/lost volatility, option is a wild west for that.
Also PDT rules and he had an account below 25k. Futures would be simpler though but sometimes taking advantage of the various factors in options just work. Futures have high margin requirement.
@mechy2k2000 depends on your broker for the high margin requirements, Tradovate/Ninja Trader is only $50 for S&P 500 micros, so a person could potentially start with a $150-$200 account
But yeah, options can be started cheaper, and the lack of PDT rules with futures can lead beginners to over trade, so they both got pros and cons