Online Stock trading--and those little old ladies.

[Tylers]

Ashedfc - I check interactive brokers - that deal sounded great. Unfortunately, they require $5k to open the account and a minimum of $10/month in commissions. Almost a great deal.

[mhk]

We should make up a group on Smart Canucks!!!

[ashedfc]

We should make up a group on Smart Canucks!!!

And trade virtual money- to understand how the mechanics of trading works
1. Instead of buying a stock - sell a naked put option on the stock.
2. Instead of selling a stock - sell a covered call option on the stock.
3. Buy & Sell a out of the money call option spread on an index.

Lot of people jump into trading with very little patience, & end up loosing money. In fact 2 enemies of traders - Greed & Fear -

[Natalka]

There's an article about women getting together for investing in the new Canadian Living magazine.

[mhk]

And trade virtual money- to understand how the mechanics of trading works
1. Instead of buying a stock - sell a naked put option on the stock.
2. Instead of selling a stock - sell a covered call option on the stock.
3. Buy & Sell a out of the money call option spread on an index.

Lot of people jump into trading with very little patience, & end up loosing money. In fact 2 enemies of traders - Greed & Fear -

Thank you for your input. Now I am even more confused. Clear as mud to me! ha ha

[julie.leeds]

Thank you for your input. Now I am even more confused. Clear as mud to me! ha ha

I'm confused too *lol*

no wonder the rich get richer, they are the only ones who know the rules...I know they also get poorer too though *grin*