I want basic information about future and option trading so inform me which web side is better or good ?

Question

I want basic information about future and option trading so inform me which web side is better or good ?

Answer 1

For options there are two excellent sites for basic information:

http://www.cboe.com/LearnCenter/default....

http://www.optionseducation.org/

Both sites are free and have accurate information. They are both produced by professional options organizations.

I know less about futures trading, but I would use similar criteria in looking for a free tutorial. I would want one created by an exchange, not one that will be trying to sell me a specific product. Hence I would probably a tutorial such as

http://www.cbot.com/cbot/pub/page/0,3181...

or

http://www.cme.com/edu/res/intro/trading...

Please remember that such on-line tutorials only give you basic information, but that should be enough to help you determine if you want to pursue your education further. For options, and I assume for futures, there are several excellent books. Such books will teach you everything you need to know without spending thousands of dollars on expensive seminars.

Answer 2

Out of those two choices I would start with options trading because futures trading is very risky.  On the other hand you also make a lot of money very quickly on the futures market.  Most brokerages maintain a futures customer for only around 6 months, because they lose a lot and get out.  Future accounts often work from margin and require a heft minimum maintance balance.

I would start by learning some basic combination options strategies such as a straddle, covered call, and collar.  By utulizing some of these techniques you can really limit your down-side risk.

Answer 3

There are a couple of articles on my website for options for beginners. http://www.shareworld.co.uk

Also there is a Q &A on the home page where I would be pleased to answer any problems you have.

Answer 4

Well, I have a Yahoo group about investing :

http://finance.groups.yahoo.com/group/sc...

you can sign up with the username and password you commonly use for all Yahoo services