Options Trading Tutorial

need help on trading?

i wanted to know how much capital to start option trading and also could anybody give me a good site for tutorials so i can practice also as a beginner would anyone recommend that i start with something like cfds.

Public Comments

1. 888options.com has great info on options, free video tutorials and test as well. You can also give them a call, they're very helpful. As a beginner you should start with something unleveraged. The ideal set up is that you would have a low commission broker so that with each trade you would be risking say 5 dollars. The problem with leveraging is that you leverage what you are. If you're a newbie, then you're multiplying your newbiness. If your unsuccessful, then you're multiplying your losses. Leveraging is really for those who are already highly successful and are looking to leverage their success.
2. If you need help with this you should give up now. Option Trading is very risky and best left to experts.
3. You will need something like 5k to start trading options; sure you can start with less but this will allow you at least a chance (start with less and you're end up wiped out on a single miss). The problem with options is that time works against you and options can expire worthless, CFDs are great for a simple punt; up or down and time isn't a concern.
4. hi there !! as I see you are a beginner I would like to suggest you gnutrade trading platform. Learning center of gnutrade will help you know the stockmarket, how the markets work? how to trade? analysis of the market..
5. Try http://www.plus500.com/?id=690&tags=yg1en&pl=1 Trade Stocks, Forex, CFDs, Indices, Oil and more, no commissions and free demo account