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

Hey everyone, welcome back. This is Kirk here again from Option Alpha and on today’s daily call, we’re going to be talking about trading options with a little bit of money and some best practices around this just as another reminder of things you can do. I really want to focus on five things in today’s call because I keep getting lots of emails from people on trading options with a little bit of money or they’re just starting out and maybe they’re just allocating a little bit of money to options trading just to see if it works before you allocate more money. But whatever the case, I think there’s a couple of best practices that you can follow, so make sure you're doing these five things. Number one is before you even start, try to reduce your commission cost. Now, look. This can be hard depending on what broker you’re at or where you’re at the country or the world. I get that. But try to go towards one of these lower cost brokerages. That's probably the easiest way. Yes, it might take some time to move your a