I have read a few books and have become interested in stock options. I am a looking for a way to test myself without losing my shirt. Ultimately, my goal is to work from home around trading hours so that I can support my children in their after school activities. I don't need to be rich but it would be nice to be self sufficient.
2007-01-24 08:36:15 · 8 answers · asked by lead_dogg_one 1 in Business & Finance ➔ Investing
I personally use "thinkorswim" trading platform. Their trading software is made specifically for options - and they are a very nice group of people who like to help people. You can call anytime and they answer questions. They have a paper trading account for options - you would have to open an account online, but you don't have to fund it right away. Once you get the account open, you can paper trade every day as if you were using real money. Then when you are ready you can fund the account at that time. This is very advisable for trading options. I don't know where you live but they have many free option trading courses - because they want you to learn and use their software (which is free as long as you have an account with them). Some of the courses are the same as others out there that are charging lots of money for.
I would think this paper trading platform for options would be what you need.
2007-01-24 09:08:15 · answer #1 · answered by School Is Great 3 · 0⤊ 0⤋
Trading↔Software
2016-04-24 14:13:44 · answer #2 · answered by Sufwaan 1 · 0⤊ 0⤋
Options are not marginable therefore they have no loan value which means they can not be used in a margin account. If you are going to to covered calls you will need the security or equivalent. Most listed stocks are marginable which means they have loan value for margin purposes. But using other securities for covered calls is not practical since securities only have 50% loan value in meeting a margin call while you could just deposit the underlying security to cover a call writing. Most investors do not, and should not use margins, it's not a good practice to use margin either for trading and investing unless your well versed in the rules & regulations of margins.
2016-05-24 05:12:57 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you want to earn money with binary trading and you aren't a big expert you definitely need some kind of support. I use a software called "autobinary signals" and I earning good money with it. Here you can find all the details and also some video proofs: http://tradingsignal.toptips.org
2014-09-24 09:45:49 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I'm making big money with binary option, I use this software ( http://forexsignal.kyma.info ) My software delivers signals only when the five indicators (bp trend filter, market deviation, price pattern, rel. price impulse, stat. price range) are aligned together and we have an extremely high confidence rate, it must then co-exist with my proven secret strategy before a trade be detected… as a result, we get a guaranteed Highly-Accurate ’80-100%’ Signal.
2014-10-03 18:07:50 · answer #5 · answered by Carolus 1 · 0⤊ 0⤋
That would be like trying to build the Brooklyn Bridge after reading a few Architecture Books.
2007-01-24 10:32:41 · answer #6 · answered by Anonymous · 0⤊ 1⤋
www.cboe.com and www.optionsxpress.com both offer virtual trading for options including spreads and such. Very nice and useful tool. Good luck.
2007-01-24 09:35:23 · answer #7 · answered by sader 2 · 0⤊ 0⤋
use charts to catch top bottom
aptistock or medved freeware
2007-01-24 20:10:04 · answer #8 · answered by dinu_pawar 5 · 0⤊ 0⤋