This review of Tastyworks options trading platform highlights how to trade options for beginners and features a small account of $5,000 that was funded in August 2019 and accumulated a profit of $9,061 in 5 months. No more than 1/3 of the value of the account was risked at any given time. Most of the time, at least 85%-90% of the account was all in cash. All options position were risk-defined. As a bonus, I share all my options trades on the tastyworks options trading platform, including all winning and all losing trades.
Disclosure: While, I have met and spoke with tastytrade’s Tom Sosnoff at various online trading tradeshows (Traders expo, money show, etc.), I am not affiliated with tastyworks, tastytrade or any of the brokers mentioned in the video. I did not receive any compensation from anyone mentioned in the video. This video reflects my own personal opinion on 12/30/2019, and may change in the future for various reasons (like product enhancement, change in pricing, changes to the industry, etc.)
Disclaimer: This video is to be used for informational purposes only and without warranty of any kind. The materials and information in this video are not, and should not, be construed as an offer to buy or sell any of the stocks, options, futures, commodities, and forex named in this video. The risk of loss when trading stocks, options, futures, commodities, and forex, can be substantial and may not be suitable for you. You must be prudent and consider all applicable risk factors including your overall financial situation before you place any trades. You are advised that when you are trading stocks, options, futures, commodities, and forex you could potentially lose your entire investment. You could even lose more than your entire investment when you use leverage through margin and end up owing your broker additional money. Please consult your financial advisor before making any trades in stocks, options, futures, commodities, and forex. Under all circumstances, you the viewer, assume the entire cost and all risks involved with trading any stocks, options, futures, commodities, and forex based on strategies illustrated in this video. Past performance is not indicative of future results.