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Politics : Formerly About Advanced Micro Devices

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To: Kenith Lee who wrote (106804)4/19/2000 12:22:00 PM
From: that_crazy_doug  Read Replies (1) of 1574856
 
<< If you are new to options. You won't be getting Level 3 soon. You may get Level 1 after reading the handbook (required by law). After a probational period, you may apply for level 2 (they require you to read that damn book again). Level 3 varies from broker to broker. Some review your option trading history. Some require years in trading options. Level 3 requires a margin account and a large equity balance. >>

Hehe, I got level 2 right away in 2 days without reading any book. (well I got the book a week after I started trading options). Though I may have some limits into what percentage of my portfolio is allowed to be in options. However, I'm probably about 15% right now because I've done so well on them.
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