What is the best approach to paper trading stocks, specifically Options?

May 2nd, 2008 | by Adam |
trading
lead_dogg_one asked:


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.

  1. 4 Responses to “What is the best approach to paper trading stocks, specifically Options?”

  2. By School Is Great on May 6, 2008 | Reply

    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.

  3. By Crusader on May 6, 2008 | Reply

    and both offer virtual trading for options including spreads and such. Very nice and useful tool. Good luck.

  4. By Frank Castle on May 9, 2008 | Reply

    That would be like trying to build the Brooklyn Bridge after reading a few Architecture Books.

  5. By dinu_pawar on May 12, 2008 | Reply

    use charts to catch top bottom

    aptistock or medved freeware

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