Can anyone recommend a site where I can paper trade options . I've been using http://www.optionsxpress.com/ but it has a habit of forgetting my trades and wiping my book .
www.poweropt.com has paper trading in the My Portfolio section. This is a very good site with lots of excellent tools. I use it to evaluate positions and trade with IB. Good Luck, Steve Rosenbaum http://www.options-trading-resources.com/EliteTrSig Option Trading tools the pros wish they had! A former Chicago Mercantile Exchange employee reviews stock option trading software, books, and web sites and online income opportunity.
If you have an account at IB, they add on a free paper trading account. Not entirely sure how they simulate the back end, or if that's proprietary. They only released this 5 or 6 weeks ago. You get used to their interface and so far it seems 100% identical to real trading. Minus some of the sweat. There is some other site, I can't remember the name, you can pay like $30 for 3 months, they use it in classrooms too. I was going to use that, but then the IB paper account came along.
Hi, what exactly do u mean by forgetting your trades and wiping ur book? You do know that when options expire, ur positions will be cleared, right? Or maybe u can talk to their online help rep abt it.