What is the most useful tools for making profit from trading stock options?
461112
There are people that do make money trading options, but it is not for the faint hearted. You are paying a premium for the right to buy or sell the stock at a particular price within a certain amount of time. \n\nLuck is your most useful tool. If you get lucky and hit a stock during a major move, you will make a lot of money. If you hit a stock at the end of its move, you will loose the amount paid for the options. The more volatile the stock the higher the premium for the option. \n\nMany professionals use the Black-Scholes Pricing Formula for Call Options. Look it up on Yahoo to determine how it works. It is too complicated to go into here.\n\nPersonally I think the best way to make money on options is to write covered calls. That way you get the premium. Of course, if the stock makes a big move on you, some one else gets the benefit of that.
1145611
Ah, you are asking for something magical and unattainable, like drinking from the fountain of everlasting youth.\n   Option trading is a highly leveraged skill.  If there were a firm that was successful at it, they would have exited the "advisory" business and gone into pure options trading itself.\n   The many popular advisors are rolling the dice, but with your money.  I know because they threw too many "snake-eyes" with my money.
164649
Depends which market you are talking about.\n\nBasically any stock that is indicating a very strong uptrend (or downtrend) you can make money on in an intraday trade.\n\nOr you can base your one day trade on a volatiliy based on news reports.
282266
You might want to try out Stephen Cooper's teaching on how to trade stocks and options. It is good !
1074930
forex trading free resources on: \n\nhttp://umgarticles.atspace.com/forex-trading.htm
143658
Use stock screener from:\n\nmorningstar.com or finance.yahoo.com
354883
Metastock from www.equis.com has a good reputation\nTradestation (www.TradeStationWorld.com) seems to be the thing for professionals.
13926
Yes, optionsXpress.com has "virtual trading" and other tools like watchlists that are valuable. Also go to CBOE (Chicago Board Options Exchange) and 888options. Optionetics has some limited info but their goal is to sell you the seminars and courseware. Watch out for Optionetics and their free seminar which is a total joke where the host (not George Fontinills) insults everyone there. Online Webinars will be more value and you can get courseware on ebay from infomercials if you are curious about Optionetics formula.
1158763
You can honestly do it trading options.  You could get a margin account which would automatically give you a $20000 account, $10k yours and $10k borrowed.  Then buy "calls" on stocks you think are going to go up and "puts" on stocks you think are going to go down.  If you chose wisely you will get rich quick, if foolishly you will be over $20,000 in debt in a matter of days.
197335
Invest in the stock market, if you do it carefully you can make a good deal of money pretty fast, and you don't have to go to work!
6103
Hmm...I found a few things that might be helpful, in order of usefulness:\n\nhttp://www2.barchart.com/tools.asp\n\nhttp://www.thefinancials.com/mfr_free.html\n\nhttp://www.bravenet.com/?afilid=3116782582
1173639
Hi,\nFrom my personal experience Innvestools, http://www.investools.com/home.asp, are best for investor education. They could be a bit expensive, though, by some standards. If you want to play with very little money but have a big profit potential, I recommend trading stock options. The best options broker and learning resource are optionsXpress, http://www.optionsxpress.com/.
358312
go to the finance home page (the link is on the main yahoo page) and then type in the symbol of the stock you are interested in.  It will then give you a list of several options, one of which is the message board.
383728
What exactly do you want to do?  If you want professional software there is a lot of stuff out there.  If you just want to mess around with option pricing stuff you can look at \n\nhttp://www.derivativesmodels.com/DerivativesModels/index.php - and here is a great bunch of free option pricing spreadsheets:\n\nhttp://www.global-derivatives.com/spreadsheets.php
86028
Depending on which country you're from you have many alternatives on how you can trade shares.\n\nYou can use plain shares, warrants, options, futures and CFDs.\n\nEach financial instrument has its own advantages and disadvantages.\n\nTo use plain shares you need heaps of capital.\n\nThe others are derivatives - or products that derive their value off the shares. These don't normally require as much money to gain a profit. But on the other hand potential losses are greater.\n\nYou should start by reading - reading a lot.\n\nThen by paper trading.
1017513
You can open a share builder account. I can't tell you which stocks to buy, that would make me your broker.\n\nYou can also learn to trade options, which can also make you alot of money in a short amount of time.
985987
I think the best way to invest is to first see what the best traders are buying and selling.  Then use that knowledge to hopefully improve your portfolio's return.  This is the idea behind the site http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money.  Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors.  You can also read posts on investing from the best traders, as well as share your own investing ideas.\n\nHere are this month's best traders:\n\nhttp://www.top10traders.com/Top10Standings.aspx\n\nGood luck.