The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to answer the question, “How much do you need to start trading.” I think this is a two-part answer. I think the first part of this answer is if you’re going to start trading and just learning the mechanics, learning how brokers work, how order entry and position flow works, then you don’t need any money to do that. You can use a paper trading account at many of the brokerages that are out there and start to get a feel for the mechanics and the way that the markets work, how pricing works, how positions react to different news environments. That is all something that you can do for free. Now, we do suggest that people start paper trading and use paper trading for what it’s meant to be which is this mechanism by which to practice a lot of different repetitions in order entry and trade management and rolling, etcetera. When you start gravitating towards actually really trading, so starting to actually p