http://www.smartfunda.com/day-option-trading.html
What is the best way to learn options trading and day trading?
Is there a website out there that lets you interact with those trading screens and lets you play with practice accounts?
Options trading is preferential, but I am open to any ideas.
I know websites like Interactive Brokers lets you have practice accounts, but you need to already have an existing real account.
Here’s a free site which i use from time-to-time:
http://888options.com
You can also find out a lot more info about trading and options on these free sites which are recognized by Y! A as “Knowledge Contributors”
http://investopedia.com
AND
http://yahoofinance.com
As far as “day trading” is concerned:
THE BIGGEST challenge is having $25,000 CASH on-hand in a trading account at all times. This does not include any trades or positions. This is cold, hard cash.
Once the balance goes below this, certain restrictions are instituted.
Thanks for asking your Q! I enjoyed answering it!
VTY,
Ron Berue
Yes, that is my real last name!
Day Trading on Options Expiration what fun. Hit the Bid.com
