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

by admin on June 8, 2009

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.

{ 4 comments… read them below or add one }

School Is Great June 10, 2009 at 5:34 am

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.

Crusader June 12, 2009 at 6:03 am

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

Frank Castle June 15, 2009 at 12:55 pm

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

dinu_pawar June 17, 2009 at 12:12 pm

use charts to catch top bottom

aptistock or medved freeware

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