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Alias Born 08/30/2007

Re: The Night Stalker post# 1398

Friday, 11/25/2011 5:31:28 PM

Friday, November 25, 2011 5:31:28 PM

Post# of 1511
IDK. I think $75 is too little. Mikey told me the same thing, but I'm pretty sure he trades with much more than that. I've done a few of $100 or less trades and I've never made enough to make it worth while. My best trade was turning $300 into $750. I think a good trade with real profit potential would require $200-$600. The biggest key is being able to get enough contracts. If the contract is trading at .30, it actually costs $30 to buy. So far it seems like you need to have at least 5 contracts to really make okay money, but 10 contracts to make good money. Once you get "in the money" for every dollar it drops you'll make about $100 a contract in profit. I'd prefer to make $1k per dollar vs. $500. imo

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