Buy or Sell During Option Expiration?

June 1st, 2010 4 comments

I was wondering if it was a smart decision to buy options for the next month on the day before the current month expiration or after the month expiration. Basically I am asking if options trade a certain way before and after option expiration.

Here is an example of what i am asking, say I wish to buy Feb calls and it is Jan 16th, the day before the January calls expire, should I buy my Feb calls before or after Jan option expiration, do stocks follow some sort of general trading trend of expiration day?

P.S. I am intelligently aware of option trading I understand the risk and I have traded them before successfully. I was wondering if there was a general strategy for buying options close to a existing option expiration. I know the stock will do well, but I don’t want to buy just to see a dip on expiration day, therefore i ask if there is such a rule for this specific scenario.

Bookmark and Share
Categories: Option Trading Tags:

How do I open a Singapore Forex Trading Account?

May 17th, 2010 No comments

I am interested to start an account in Singapore for Forex Trading. However, there are many things which I do not understand.

When I register an account with SaxoBank SG for example, I will make the necessary application procedures… But how do I actually transfer the real money to my account if I win money?
Does that mean that they will need my private bank account number? So that when I earn money from my Forex Trading Account, they can send my profits to me?

Another question: Besides Saxo Bank SG, which platform is reliable and safe for me to start my Singapore forex trading account?

Bookmark and Share
Categories: Trading Stocks Tags: ,

Can someone help me with Stock Trading Terms?

May 6th, 2010 4 comments

I need help with the stock trading terms in order to learn how to trade stocks online. When I go to the website, there are five ways to order: ‘market’ (which I think means I buy and sell the stock at the market price), but what about ‘limit’, ’stop limit’, ’stop’, and ‘trailing stop’? And re: transactions, I can buy and sell, but what does it mean to ’short’ and ‘cover’? (How are those different from buying and selling?) And for duration, there is ‘day’ and ‘GTC’–to what do these refer? Thanks for any help you can offer with the stock trading terminology.

Bookmark and Share
Categories: Trading Stocks Tags:

Online trading, stocks and mutual funds?

May 4th, 2010 3 comments

Can someone give me just a basic rundown on how this works?

Question 1: Is this something you can start doing with little expense, or does this fall under ‘you have to have money to make money’?

Question 2: I’m not trying to get rich quick, but like many of us, my family is short on money right now. Internet jobs are pretty much all a scam, and the job market where I live is awful. I am just looking for a way to get extra cash from time to time and a friend mentioned ameritrade. Comparing stocks and mutual funds, are either something you can do to help pay the rent next month, or are they both long term multi year deals?

Yes, I know I sound desperate, but I figured it wouldn’t hurt to ask about something that can potentially help my family.

Thanks in advance for ANY help.

Bookmark and Share

How Many “Paper Trading” Methods Exist?

May 4th, 2010 3 comments

I know share trading, a little about options, other type I do not knows. I would like to know more about the available trading type. like forex trading, security? what are the paper trading methods available?

Bookmark and Share
Categories: Option Trading Tags:

How old do you have to be to buy and sell stock online?

April 23rd, 2010 1 comment

I would like to trade online but not have my parents name on everything, I would like everything in my name. I am 18, but some people tell me I have to be 21. I am looking to trade on web sights such as etrade, sharebuilder… Etc.
F.Y.I – I do have a checking account to link to an online trading company.

Bookmark and Share

What is the first step to start stock trading?

April 22nd, 2010 2 comments

How can I start stock trading, online?

Bookmark and Share

How to trade stocks online?

March 9th, 2010 3 comments

I just want to buy and sell stocks, when I want, and buy what I want. How to trade stocks online? Which are online brokers that are reliable? I’m just a beginner, anyone have any tips?

Bookmark and Share

How to do Options Trading?

March 6th, 2010 4 comments

I think I understand the how to do options trading like calls and puts. What I need help is why an option May put has a strike price of 55 when it’s underlying stock is at 52.03 in Feb? Isn’t the put for buying it down?

Bookmark and Share
Categories: Option Trading Tags:

What are traded in currency trading?

February 24th, 2010 2 comments

Ok so I just trading currency and have a conceptual problem with the process. Say that I have 10,000 dollars in the account and buy one lot of EUR/USD pair, does that mean I spend money buying the Euros or I spend money buying the symbol EUR/USD like a security?

Thanks a lot the pros

Bookmark and Share
Categories: Forex Tags: