How to Trade a $1,000 Account
Once you reach $5,000, you can adjust your position size while keeping the same risk management rules.
The goal is to protect your capital, build consistency, and avoid giving back your profits.
$SPY $QQQ $SPX
- Position size: 15% of your account ($150).
- Stop loss: 35% of your position size.
- As the option gains value, trail your stop into profit. Never move your stop loss down.
- Withdraw profits weekly and keep them in a separate account.
- Reinvest carefully until you build your account to $5,000.