 Good day subscribers! Today is July 20th. Thank you so much for joining me here today. I'm here with an update. Yesterday I wasn't able to actually place a trade. I was watching the market more so and doing a lot of research on Facebook and Apple. I am thinking about trading Facebook and Apple on top of SPI of course. And today, guess what? I traded Facebook. I'm out of my comfort zone. And so I only traded with three contracts. Yes, three contracts. And guess what? I made money. I made a whopping dollar after commission fees and everything after it was said and done. I actually made three cents on that trade. And I made a dollar overall. And so with that being said, I do use e-option guys. And they're great on commission. Three dollars to execute in order to buy and three dollars to sell. And then 15 cents a contract. They're really good. Especially if you're just starting out another one. I've been getting a lot of questions about Tasty Works. They're a dollar. A dollar contract to open a position. Just one dollar per contract to open a position and no closing costs. You got to watch it there. If you are trading with seven contracts or less, it's your benefit to trade with Tasty Works. With eight contracts, excuse me, or more, it's to your benefit to use e-option or a different broker. Anyways, I did want to give you that update that I traded Facebook. It was out of my norm. And it kind of psyched guys. The reason why it psyched, I'm so used to having a penny spread at the very most. Sometimes two, you know, rare occasions, three or more on spy. With Facebook, there was always a five cents spread on those options. With those five cents spreads, it made it a little difficult to use market orders. When I trade spy, I do use market orders. It gets me in and out quickly. I don't ever really have to worry about being in the red the moment that I buy in. But with Facebook, when I bought in, I was immediately in the red. The moment that I bought, I was in the red and I actually had to wait for a little bit. So that's why I cut out, cut loose after I was up only three cents. And it was okay. It was okay. And it actually reversed on me. And then it finally dropped just like the markets. They follow the markets very well. But I just want to give you that update. And also today is Trading Tip Thursday. For today's tip, we're going to talk about starting capital guys. I've been asked many times, how much money do I need to start? How much money do you trade with? And so, so, so, and so on. $500, guys, start out small with $500, no less, no more, especially if you're completely needing to the markets. You don't know exactly what it's like. Try it with $500. If you're successful with $500, you can be successful with $50,000 of $5 million, guys. Again, it's not enough to break the bank in case you do get into a bad trade. And still enough for you to actually make a profit. Sure, five to 10%, you might make $25, $50 at the very most. And then minus commission fees, of course. It's still okay. It's not about making your million dollars tomorrow. It's not about making a huge, you know, a game percentage game, your very first trade. It's never going to happen like that, guys. I've been trading these markets for years. And I still lose, not necessarily on a daily basis, but I do lose money. I do lose trades. Not all the time, not 100% of the time, you're going to get into a winning trade. So start out small. Don't get greedy, guys. Take your profits when they're there for the taking. Again, five to 10% is absolutely okay to start off with $500, especially. It won't seem like much. It's not about that. You've heard me preach so many times. Take your profits, cut your losses quick. Move on to the next trade. There's always the next trade. You got to understand that, guys. And be patient. I always say this. I probably say this in every video. Be patient and disciplined, guys. $500 is going to get you exactly where you need to be in six months to a year, guys. Don't rush it. Thank you so much for watching here today. I'm so sorry that I didn't update you guys yesterday, but I did update you today. I did trade Facebook. I made a whopping dollar, and I'll be watching the markets tomorrow. Hopefully, I can figure out a good way to record my screen out since I am watching Spy Facebook and Apple. And it's a little cram, it's a little crowded, and you don't know exactly what's going on, but I'll try to figure something out for you guys. Thank you so much for watching. Hit that subscribe button down below if you thought this video was helpful. Thank you, and good nights.