If you have a smaller trading account, there’s something that’s vitally important for you to understand before you start trading… And that’s your buying power.
If you don’t, there’s a good chance you could blow up your account before you ever even really get out of the starting gates, and no one wants that.
So in today’s short video, I’m going to break down how to understand your buying power and give some guidelines to help you.
Now, this is your account. And only you can push the mouse button to enter and exit trades. Only you can fully understand your risk tolerance.
Understanding buying power is crucial, especially when you’re with a small account. Day trading options can replenish buying power if you break even or sell for a profit — but it’s important to be cautious and not risk more than 10% of the account on any one trade.
Check out my video up top and I’ll break it all down for you in a few minutes flat!
Lance Ippolito Trading Team
Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators, scammers and crypto bros.
You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito
And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Tired of Staring at Stock Charts? Then Stop!
An upcoming government meeting could shake things up in a big way over the next two weeks.
And options expert Nate “The Income Kid” Tucci believes it’s setting up an opportunity for you to pull in SAFER profits by “hijacking” options targeting $1,250 with a $2,500 starting stake.
And he’ll show you how to do just that starting at 1 p.m. ET on Wednesday, May 29!
As you’ll see, you don’t need to stare at charts…
And you really don’t need to click ANY extra buttons.
You just need to deploy a certain type of trade before the end of the week…
And once the trade is activated, you can sit back and let it do its work… AUTOMATICALLY.
If you ask me, the timing for this is perfect.
Although we can’t guarantee results or against losses…
Join Nate this Wednesday and he’ll share the details of this special trade with you LIVE.
