Newbie questions

Discussion in 'Options' started by masonyes, Apr 5, 2010.

  1. Does anyone know a Broker that offers Forex trading and Forex Options trading in the same account? Oh, and by the way, I only have $1000-2000 (not 10,000 like SAXOBANK requires) to invest in the beginning (strategy involved never has more than $1200 drawback and always at least brakes even in the expiry).
     
    #11     Apr 6, 2010
  2. In the past, when I owned stocks, I would purchase high-quality companies with a decent dividend. Then I would sell LEAPS two strikes OTM (nearest strike divisable by 5). The premium received is like extra "dividend." If the stock is called away, I make a year's dividend and premium plus a decent capital gain. If the stock stays OTM, then I keep the premium and the years dividend anyway. If the stock declined, I typically bought more, if the fundamentals changed--which rarely happens for stocks like J&J, Philip Morris, etc. I just repeated the process.
     
    #12     Apr 6, 2010
  3. Forex is a scam.
     
    #13     Apr 6, 2010