The first step in being able to actively trade your IRA account is to transfer your account to a broker that allows all aspects of trading in the account. Many online brokers impose trading levels based on experience and account balance. Some brokers only allow mutual fund trading in IRA accounts.
I moved my IRA accounts to ThinkOrSwim (http://www.thinkorswim.com) where I am free to undertake any type of equity or option trade that has "defined risk".
