- Since I don't have a margin account, I can do multiple trades each day/week without worrying about the pattern daytrader rule.
- Options give good leverage for big gains, so I can still make serious progress in a small account.
- Cash trading puts a hard ceiling on how much I can trade each day. Once I'm out of cash, I'm done for the day.
- Options settle in 1 day. The next morning, I'm back in business with a fresh head.
Monday, September 23, 2019
Trading options in a cash account
I trade long options in a cash account.
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