Options Wonderland

[Dzielak51]

My tip to you is money management. Never put all your eggs in one basket. Personally the maximum i will invest into a postion is 10% of my portfolios value. And usually i leave 50% of my portfolio in cash (reserves). For example if i have $50,000 in my account, the most i will place on a trade is $5,000 and i will only use $25,000 of my portfolio to trade with. So that gives me 5 plays if i use my max of 10% per trade