When you start making "virtual" money, then you can risk your own.
http://simulator.investopedia.com/home.aspx
http://investopedia.com
http://investing.sitesled.com/
http://futures.tradingcharts.com/learning/
Blogs
http://winners-and-losers.com/
Training & classes
http://bettertrades.com
http://investedcentral.com
ETF news and analysis
http://ETF-World.Org/
Article: Trading is Timing
http://www.investopedia.com/articles/trading/06/TradingisTiming.asp
Stock Charts
Bigcharts.com
http://www.stockTA.com
http://www.stockcharts.com
http://www.incrediblecharts.com…
www.prophet.net
americanbulls.com
Books on Investing
"Which Is Better, Buy-and-Hold or Market Timing?"
"Do You Have What It Takes to Be a Market Timer
The Beginner's Bible in Technical Analysis is:
Edwards & McGee"Tech. Anal. Of Stock Trends"
Droke, ClifTechnical Analysis Simplified
Kahn, Michael N.Tech. Anal. Plain & Simple
Kamich, Bruce M.How Technical Analysis Works
Lefevre, EdwinReminiscences of a Stock Operator
Lofton, ToddGetting Started in Futures
Lowenstein, RogerBuffet (Warren)-The Making of a Capitalist
O'Neil, William J.How to Make Money in Stocks
Oz, TonyHow to Make Money From Wall Street
Rotella, Robert P.Elements of Successful Trading, The
Schwager, JackStock Market Wizards
If you trade on margin you borrow some of the funds that you use to purchase an investment. If the stock drops below a certain threshold, your broker may decide that you don't have enough equity to hold the investment and may force you to sell the stock. But that hopefully won't happen.
Question: "Assume I purchased call options with a strike price of 105 rs when a stock was at 100 rs per share. If the stock goes to 106 rs can I sell the option at that time?"
Answer: Yes. You can sell the option any time prior to expiration. It does not matter if the stock is (or ever has been) above the strike price.
Question: "It the stock goes up to 106 then comes back down to 99 can I say it reached the strike price?"
Answer: Yes, it reached the strike price, but that makes no difference whatsoever. The price of the option depends upon several factors, one of which is the current price of the stock. Any previous price at which the stock traded is not a factor.
Question: "Should I have sold the option when the stock was at 106 rs?"
Answer: You would get more money by selling the option when the stock was at the higher price, but at the time the stock was at 106 rs you had no way of knowing if the stock would keep going up or if it would go down. Consequently, when the stock was at 106 rs you had no way of knowing that it would be better to sell it at that time.
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From your question I strongly encourage you to learn more about options trading before investing any real money in options.
If you do buy on margin (or borrowed money) there are only two ways to change it. Deposit more cash to cover the purchase. Or sell securities which will increase your cash position.
The above is for the US.
Any ideas or experiences to share with me? Please don't be over exaggerated in none of positive or negative ways cause I know that it can be a dangerous game.
Thanks a lot
CAPITAL ON A MARGIN ACCOUNT. ANY GOOD ADVISE
ABOUT WHAT SHOULD I KNOW.
Here are four rules you must have, if you don't you will loose money
1 – A written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself.
2 – Sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you trade/invest.
3 – A written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested.
4 – A full and complete understanding of the rules & regulations of the industry.
Here are some of the rules that I follow, in additiona to the four cardinal rules above.
Never buy or sell based on anyone's, including your own, market predictions.
Stick with up-trending stocks.
Never buy stocks in danger of filing for or actually in bankruptcy.
Never average down.
Always sell when management cuts sales or earnings forecasts.
Only buy stocks with real sales and real earnings.
Always diversify between industries.
Don't buy stocks just because they've gone up.
Never sell a stock because an analyst proclaims it is overvalued.
Always look for companies with new ideas, new styles or new products.
Orders after an execution – a “stop loss”
No security is to be purchased at a price that is below the 50-day moving average price.
Good luck, based on your question, you're going to need it
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Hope this helps.
My take is that someone is deliberately swapping shares, huge chunks at a time, at ridiculously low prices to keep the stock price down? Why go to the expense?
The market is at a price consensus or is in a consolidation phase. The bulls and bears are in consensus; no one is more powerful than the other.
You will also find that penny stocks are usually less volatile than bigger value stocks.
>>My take is that someone is deliberately swapping shares, huge chunks at a time, at ridiculously low prices to keep the stock price down? Why go to the expense?
No I doubt anyone would be doing that deliberately. There is no point to such exercise – waste of time and money.
Maybe people who bought earlier at a cheaper price are taking profits and people who are hearing the news are buying in.
Good Luck!