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There are many sites that explain this including basic trading books.
Here's one site. I hope you have not started trading yet. If you have
your broker should have given you information re: all of this stuff. Also
try the CBOE. You can get a bunch of free goodies there.
http://www.lfgllc.com/backtool/ordent.htm
jawad wrote:
> On the other side you can choose what kind or order either mrkt. limit
> or stop. I just need to know what each of these different types of
> order means for buying or selling calls or puts.
> thanks for your help,
> jawad
>
> ---r slupsky <zzorro@xxxxxxxxxxxxx> wrote:
> >
> > Someone else may know better but if I had to guess these sound like
> market
> > orders and my personal opinion is in this market it would be suicidal.
> > With the volatility the way it is you might as well get your prostrate
> > examined. I have about 2 yrs experience which is not much but I have
> > always used limit orders with options. I may miss out on oppts but
> I am
> > not gonna take you know where either.
> > r
> >
> > jawad wrote:
> >
> > > I would like to know what each of these choices in placing an order
> > > for a put or call means.
> > >
> > > Buy open-
> > > Sell open-
> > > Buy close-
> > > Sell close-
> > >
> > > Thanks,
> > > Jawad
> > >
> > > P.S. I found out what my trading system was called. It was bottom
> > > fishing. It is not that easy to make money i have also learned.
> I am
> > > down to about 16,000. Mostly because of SMTK in which i lost all of
> > > my money. Well, i guess that's just the way the ball bounces.
> > >
> > > _________________________________________________________
> > > DO YOU YAHOO!?
> > > Get your free @yahoo.com address at http://mail.yahoo.com
> >
> >
>
> _________________________________________________________
> DO YOU YAHOO!?
> Get your free @yahoo.com address at http://mail.yahoo.com
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