I have an account of around $550 and can't do spreads since I don't have $2000 yet. I'm just looking for a strategy to slowly grow my account while depositing monthly.
Best strategy for small accounts?
byu/Helpful_Gap9633 inoptions
Posted by Helpful_Gap9633
4 Comments
I’d say stick to swinging shares of cheaper tickets until you can at least do spreads. Even just trying to swing calls and puts would be taking huge risk as a percentage of your portfolio.
Sell cash secured puts on sofi
The wheel with a $5 stock?
Make more money and don’t trade until you can make trades that take 10% or less of your account