A personal finance blog about trading, investing, and other wealth building strategies. Learn how to trade options, get trade ideas, and make money online from home.
Interesting, it's so difficult to put a number on it until you've got a track record. There are so many variables to consider that I don't even know how you arrive at a feasible number. At $50,000 I'm a trader and making more aggressive moves if I'm 25 and employed. At 40 with higher capital and no job I'm more in capital preservation mode with lower risk trades. Depending on your variables, goals, and style of trade, capital requirements can be all over the map. I personally have no feel for what a good requirement number is. I struggle with it, I think because of a lack of track record as my style and instruments used keeps changing.
Interesting, it's so difficult to put a number on it until you've got a track record. There are so many variables to consider that I don't even know how you arrive at a feasible number. At $50,000 I'm a trader and making more aggressive moves if I'm 25 and employed. At 40 with higher capital and no job I'm more in capital preservation mode with lower risk trades. Depending on your variables, goals, and style of trade, capital requirements can be all over the map. I personally have no feel for what a good requirement number is. I struggle with it, I think because of a lack of track record as my style and instruments used keeps changing.
ReplyDelete