First post for me.
I have been trading since Oct 07 and I haven't made money but I haven't blown up yet either. I am down about the same percentage as the market.
I tried to obtain options level 2 from E-trade but was denied. I was approved for options level 1 trading ninety days ago. How can I improve my situation so that they will approve me? Will another broker approved me if I move my account? I am somewhat conservative and I am positive I won't do anything to blow myself up, at least not, right away.
They're a shitty brokerage w/ rip-off commissions and a pain in the ass to get privileges to risk YOUR OWN MONEY.
Just go to interactive brokers if you want to trade all option strategies, they won't give you this "level" crap for options.
(btw, I opened an account at etrade, got rejected for options, and closed it within a week after i opened it)