What's the most effective commercial training available for stock options trading?
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Heard of Optionetics?\n\nThey are reputable and offer training worldwide. \n\nThey first started in USA.
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stockbrokerguide.com compares various brokers.\n\nIts possible to lose money very quickly if you are just a beginner. I would advise you to read an introductory guide to the stock market, such as Stock Investing for Dummies.\n\nThere are many different methods of picking stocks. Personally, after 20 years of experience, I find that Value Investing is the only method that generates profits for me and is safe enough to let me sleep at night. The best book by far on this method is The Buffettology Workbook: Value Investing The Warren Buffett Way.\n\nThere are certain bits of advice you need to remember for years to come :-\n\nDon't invest with money you can't afford to lose\n\nNever ever invest with borrowed money\n\nIt's highly inadvisable to get into spread betting, where your losses and gains are magnified.\n\nCharting is complete garbage (as bad as astrology). Don't let anyone else persuade you otherwise.\n\nGood Luck
1146995
I've used Scottrade and Ameitrade.  I prefer Scottrade since their commission is lower, $7 for both market and limit orders.  They have 2 offices in my city (in case I need to go there in person) and their scottrader is pretty darn good for streaming quotes and streaming Dow Jones News.  They also have a scottrader elite for accounts over $25K which offers advanced technical analysis and level 2 trading (an extra $10/month).  There is no inactive account fees and all you need is $500 to open an account.  They also offer quite a bit of other research such as free S&P reports on companies.  One final thing is that they offer access to options, bonds, and funds.  I took a look at cybertrader.com and it appears they are geared more towards active traders (at least 20 trades/month), which may not sound like a lot but in reality it is unless your an active trader.  They also offer services in the futures area, which I've never personally used but you may be interested in.  You probably need to decide what type of trading you want to do (active or occasional) and do you want access to futures, options, bonds, funds, etc. and go from there.
976500
Noone will teach you how to be a consistenly profitable trader, unless you can find a mentor who's a successful trader him/herself. Go to http://www.elitetrader.com for the list of books and reviews among other things.
439181
I've been studing the market game for about a year now, i didn't knew anything a year ago, I havent invested anything yet, i've just been practicing in stock simulators like stocktrak.com for about 2 months now, im happy i've made almost a 7% in my simulations (im happy with that since i am a rookie), I think I need to do a lot more reading, studing and practicing before I invest a single dollar for real. I think now I understand the markets much better.\n\nSince I am in a similar position as you are, just 1 year ahead studing :) , I would strongly recommend you to start by studing Profr. Peter Navarro's material. First I studied his audio course "Big picture investing", and read his books "when is raining in Brazil buy Starbucks", "when the markets move will you be ready?" and now i'm reading his most recent book "the well timed strategy", for me it was great to start with the audio course, since he explains the basics to understand the market, and it comes with a very didactic printed course guide. Profr. Navarro has been a great teacher for me, I don't think there are other books as good as this for a beginer, and belive me, i've done my research and been reading a lot!! after the audio course i was able to understand and take more "juice" from his books and other books that I have read, I recommend you to do the same thing.\n\nRegarding the Can Slim system teached by IBD's Bill O'Neal, I think he is a real master, his investing approach is great and relatively easy to follow if you use the investing tools on investors bussiness daily and do your research homework every day, actually, I just took the Can Slim Level I Seminar some weeks ago, and I am already subscribed for the level II seminar to be held at the end of this month, BUT, if i hadn't studied Profr. Navarro's material before, I am shure I would understanded much less from the can slim seminar, so I recomend you to start with Profr. Peter Navarro's material, its great material and has been a lot of help for me.\n\nYou can find Profr. Navarro's audio courses and books at barnes and noble, either in the book store or online, is not an expensive material, i would have pay 10 times its price, its worth much more.\n\nAnd, once you start to study, the learning curve never ends!! start with Prof. Navarro, before you buy any material much more expensive and not worth its price, belive me i've done it :(..im shure you will thank me.\n\nGood luck!!!
191169
The best way to get started: LEARN as much as you can about the market. And then start trading on a paper trading account to gain experience.\n\nIf you are new to trading, then you should definitely take a look at trading systems.\n\nHere's why:\n\nEvery minute more than 150 Million Dollars change hands in the electronic index futures markets like the e-mini S&P and e-mini NQ. You can win or lose thousands of dollars in a few minutes; the futures markets can make you rich in a few weeks or months or wipe out your account with no mercy.\n\nIf you want to compete in the “game of games” and play against the best traders in the world, then you need to get ready. Too many gamblers are entering the arena without any plan or strategy, completely unprepared, and that's why they lose.\n\nTrading a system will dramatically increase your chances to succeed in trading, because it eliminates five of the top six reasons why unprepared traders fail.\n\nHere are the top six reasons why traders fail,\nand how a trading system eliminates them\n\nLet's take a look at the reasons why traders lose money:\n\n    1. Lack of a Trading Plan\n    2. Lack of Discipline to Follow the Plan\n    3. Failure to Control Emotions\n    4. Failure to Accept and Limit Losses\n    5. Lack of Commitment\n    6. Over-Trading\n\nBy all means you have to avoid these mistakes if you want to win.\n\nHere's how a trading system eliminates 5 of the 6 top reasons why traders fail:\n\nSolution #1: Having a trading plan\n\nHaving a trading system means having a pre-defined set of rules you have developed to guide your trading. Therefore you HAVE a trading plan, eliminating the No.1 cause for failure.\n\nSolution #2: Following the trading plan\n\nThe easiest way to follow a trading plan is to automate it. Almost every trading system can be automated, and you could let the computer trade for you. You won't have to worry about your discipline any longer, as the computer mechanically trades every setup for you.\n\nSolution #3: Controlling emotions\n\nTrading with a system removes emotions from trading. If you don't have a strategy and you try to make decisions when the market is moving, you are liable to become emotionally attached to positions. You may experience panic and indecision when the market does not move in your favor, as you do not have a prepared response. That's when most traders lose their money. If you follow a system you will know what to do no matter what the market does.\n\nSolution #4: Controlling your losses\n\nYou probably have heard the saying “Let your profits run”. Unfortunately most traders let their losses run. A trading system will get you out of a position when the predefined stop is hit. Unless you override the system to “give the trade a little bit more room” it will stop the loss and therefore limit your losses.\n\nSolution #5: Commitment\n\nYou won't believe how many traders show a lack of commitment and therefore lose money. Lack of commitment means that they stop trading after the first loss, and don't give their system a chance to make back the money they lost. Trading is not a one-way street, and losses are part of our business. If you can't accept the fact that there will be losses, you shouldn't trade. Fortunately a trading system can help you to overcome this problem; an automated trading system continues trading according to the rules, and therefore adds much more consistency to your trading.\n\nAs you can see, five of the six top reasons why traders lose money in the markets are simply eliminated when you start trading with a system.\n\nWithout any guarantee, your chances of making money rise incredibly when starting with a profitable trading system.\n\nHope that helps.
84731
Before you trade stock options you need to be a proven money maker in the stock market. Unless you can anticipate stock movements, you have no chance trading stock options.\n\nThe way I trade stocks, I cut my losses short at about 7% Several years ago I decided to take that 7% and put it in call options 3 to 6 months out instead of 100% in shares. \n\nYour risk is clearly defined, and you are offered some protection from events such as market closures or gap downs.\n\nI would never risk more than 1% of my entire portfolio on an option position.\n\nSpreads, straddles, and the ability to hedge are other benefits of options. Only trade stock options if you are an accomplished stock trader. You could lose alot of money.\n\nWriting options is statistically a losing proposition in the long run. The risk / reward is clearly unfavorable.
597148
try charles schwab, e-trade, or ameritrade
480039
talk to a stockbroker who is a 144 specialist
818266
It depends a bit on your timescale of trading, a day trader wouldn't use the same programs as an end-of-day trader.\n\nMetastock and Tradestation are supposed to be the best, but expensive.\n\nI use Stockwiz for French stocks and end-of-day trading. It's completely programmable, which is what I wanted, but the programming language is somewhat primitive.\nBut it's free.\n\nhttp://www.stockwiz.com/
778776
Read following books:\nTechnical Analysis by Jack D. Schwager;\n\nComprehensive Course on The Wave Principle by A.J. Frost and Robert Prechter;\n\nCandlestick Charting Explained- Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris;\n\nTrading Chaos – Applying Expert Techniques to Maximize Your Profit by Bill Williams;\nNew Trading Dimensions by Bill Williams\n\nAnd for creation of your own trading system you won't need any other packages.\n\nNOTE: Don't be greedy\n\nREMEMBER: Trend is your best friend\n\nGood luck!
1173639
Hi,\nFrom my personal experience Innvestools, http://www.investools.com/home.asp, are best for investor education. They could be a bit expensive, though, by some standards. If you want to play with very little money but have a big profit potential, I recommend trading stock options. The best options broker and learning resource are optionsXpress, http://www.optionsxpress.com/.
654793
I disagree with former answer in some ways. He/She is right in stating there's is no guarantee for the results of  ANY option for stocks. But I absolutely disagree when he/she says there are no investments where there is a guarantee. We have certain guarantuees for our customers, well above this percentage, but than again, we don't trade/invest in ONE thing and certaintly not in options. There are far better alternatives. If you really want to work with options you should have a strategic plan for reducing your risks. Outcome stays uncertain. Don't trade without experience (there are enough demo's out there to practise your skills) and NEVER invest with money you cannot afford to miss. So there are possibilities for higher returns than your 5%, even with guarantees, but be carefull and think about what you are looking for.
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For you to understand option pricing at more than a superficial level you will need a certain mathematical level.  Ideally you will have had calculus and will understand the basics of differential equations and how to solve them.\n\nAssuming this, there is a very good book by John Hull which is called "Options, Futures and Other Derivatives" which is very expensive new but which you can get used for probably $60 used.  It will be worth the money.\n\nThis is the only options book I ever read (an earlier edition) and I have been trading derivatives since the early 1990s.
258989
http://www.fairmark.com/ if you mean employee stock options.
62647
Stock options give you the ability to purchase new shares of stock directly from a company (typically your employer).  In order to exercise them, you must first understand the vesting schedule will outlines when you are allowed to exercise your shares.  Typically the shares vest in annual increments over 3 to 5 years.  You exercise the shares by contacting someone in the finance organization within your company for information about this.\n\nYou will also need to understand if the shares are Pre or Post IPO shares as the tax treatment of the shares is different for each type.
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http://www.bpoindia.org/companies/training.shtml\n\nmost of these guys also teach without corporate deals, all you got to do is to speak to them