How much money does it take to trade options?
Due to the way options work, you will typically only require 10% of the money you would normally use for buying shares. So, if you have invested $50,000 in the stock market, then you would only invest $5,000 in the options market. However, Daniel recommends that you trade with no more than $10,000 for the first 6 months of your trading, regardless of how wealthy you may be. Remember, Daniel is turning $10,000 into $100,000 for the Children’s Charity Challenge. So, all you will need is a minimum of $3,000 to a maximum of $10,000 capital to trade options. The first year of trading you should focus on LEARNING, not EARNING. After a year of experience, you will know exactly how to trade successfully, and can then be the best judge of how much money you wish you place into the market. I’ve been to other seminars where there are hundreds of people attending. Whilst I enjoyed the seminar, I don’t believe I really learnt anything because I didn’t have personal attention. What sort of attention
