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The Option Alpha Podcast

121: Small Tweaks When Managing Larger Trading Accounts

The Option Alpha Podcast

Kirk Du Plessis

Education, Options Trading, Trading, Investing, Stock Market, Business, Finance

4.81.2K Ratings

🗓️ 15 March 2018

⏱️ 26 minutes

🧾️ Download transcript

Summary

Show notes: http://optionalpha.com/show121 Trade long enough and save enough money and eventually, you'll need to make a couple small tweaks to your options strategy as you start managing larger trading accounts. Today's show is all about transitioning your options strategy in a way that optimizes the increased capital you have to invest. If you're not yet at the "large account" level we talk about, don't worry. One, you'll get there over time if you stay committed. Two, the concepts are impo...

Transcript

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0:00.0

You're listening to the Option Alpha Podcast from Option Alpha.com where we show you how to make

0:06.3

smarter trades learn how the stock market really works and generate consistent monthly

0:11.2

income. Now your host and head trader at option alpha.com, Kirk depluses.

0:17.0

Hey everyone, Kirk here again from option alpha.com, working every single week to make this the most popular

0:24.7

investing podcast offered online and in iTunes because it's based on one thing and one thing

0:29.6

only and that's helping you guys make smarter trade. So again, thanks so much for tuning in today.

0:34.3

On today's show, we are going to be talking about some small tweaks

0:38.5

that you can make when managing larger trading accounts.

0:41.5

So oftentimes I know there's a lot of people that we have

0:44.0

that are part of our community that have small accounts but there's a good group of

0:48.0

people I think in this community that have larger accounts and so making tweaks to how you trade options or the way you go about

0:55.7

your strategy as you start to transition to larger accounts can be important and I think it's

1:00.8

a topic that we haven't really broached that often on the podcast and so I wanted to kind of dedicate this week's show to it because hopefully all of your accounts are starting to grow over time.

1:10.0

And as you get to you again, larger trading accounts, you might need to do things just a little bit differently so I have a couple things that we'll go over there's no

1:17.6

Necessarily particular order into this list so it's not like a you have to do these five things but just more like thoughts that I think

1:23.9

you should go through and consider as you start gravitating towards larger trading accounts.

1:28.6

Now first thing I will say is that what do you define a larger trading account, right? So a large account for

1:33.2

somebody is going to be different than another person. I really think that once

1:36.4

you start crossing multiple hundreds of thousands of dollars, then you can start

1:41.4

to start you know transitioning towards towards these higher end type things that we're going to be talking about in today's show.

1:47.0

Really, if you want to use like a hard line in the sand, not that it's that so hard line in the sand, about a half a million dollars I think when you start

1:53.6

getting over that amount it starts to become a little bit more difficult to allocate funds and some of the things that we're going to be

...

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