Archive for January, 2010

I’ve heard of many different stock option trading strategies and would like to know which are the best ones to use. If you’ve had experience with any, please share your results in general.

To be successful at trading options in the stock market, you’ll need practice. The best way to get practice is through paper trading, that’s where you follow a stock and pretend you are actually putting trades in and then taking them out, hopefully for a profit.

You can also find books on the subject, like on amazon or barnes and noble. You’ll need a good foundation on the basics. There are also different strategies when it comes to trading options so you’ll need to learn those first as well.

For more advanced ways on how to trade options, there are sites that offer guidance. The advantage with these sites is that they will take you beyond the basics and offer you a better chance at higher returns on your trades.

I’ve listed some sites below that you can check out, they are for information purposes only and not a recommendation. However, you will learn a little more than what you can get from reading books.

http://www.stockoptiontradingsystems.com

http://optionsexpress.stockoptiontradingsystems.com

http://tradeking.stockoptiontradingsystems.com

I think if you start your learning this way, you will be able to succeed in trading options. Others have done it so there’s no reason why you can’t learn how to do it too.

Hope that helps and good luck!


What stock?

Can anyone recommend me an online trading company such as ScottTrade, eTrade, AmeriTrade, etc. Which one offers low fees and can u tell me about your experiences? I want to purchase a thousand or two of a low priced stock, what are the boundaries if I wanted to take the money back out after a year of positive growth? Please help, economy sucks.

I love Scot trade . It works good for me. Scottrade 7 free trade number: MRPK4807 . Open the new Scottrade account? Type this referral number: MRPK4807, both you and me can get 7 free trades. Thank you! Hope you make great money with Scottrade.

Where would we go to do simple stock investing?

I’m interested in investing a miniscule amount of money (around $1000) in the stock market just to get my feet wet. I’m in no way looking to make some huge profit or anything of the sort…just wanting to throw some cash out there, buy and sell a few stocks and just get a feel for things.

What is a good website to do that sort of thing through? With such a small amount I obviously want to keep fees to a minimum so my money doesn’t get wasted on that junk.

Zecco: 10 free trades with a $2,500 minimum balance otherwise it is $4.50 a trade.

TradeKing: $4.95 for every trade.

Scottrade: $7.00 for every trade.

These are the 3 best options.

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