When it comes to stock trading, timing is everything. If you delay selling your stock by 10 or 15 minutes, the profits you expect might be converted into losses. In order to avoid such untoward repercussions, you need a software that can get you real time quotes.
Finding Hot Stocks: let’s face it, finding hot stocks that are ready to explode is what every trader is looking for. Combine that explosive price movement with the potential gains of it goes here and you have a winning combination.
First you go online and sign up. You’ll need to use a real e-mail address as a confirmation notice will be sent out to you to that e-mail address. After you receive the confirmation e-mail simply click on the provided confirmation link inside the e-mail. This make certain that you were the one requesting to open a mock stock account.
You may also be unaware of other incentives that increase conflicts. When a stock broker transfers to a new firm, he may be offered, in addition to a signing bonus, an accelerated payout–a higher commission for the first month or year.
2) GET YOUR SYSTEM PROGRAMMED: Put your system into a program that can be run on a computer. You are a stock market dummy so now let your computer do the thinking for you. You do not have to understand technical analysis; you just need to love and follow your computer. You do not even have to think about markets; you just need to place the orders your computer tells you to place.
Now the problem is how to do the trading? Now it is very easy to do the stock trading online. All that you need is a computer and internet connection. Then you can do this through the online brokerage. Online trading will be a best option for you not only because it is less having less trading charges but also it will be the easiest method to have more opportunities in it.
At this point you may choose to sell the call on the open market. This makes you a guaranteed profit. Remember, that options are decaying assets and decrease in value the closer to expiration. So if the stock begins to lose value the call will also.