For years I have been working for one of the top Indian manufacturers, but I have yet to even start investing into a 401k plan. I had almost no knowledge of the stock market and didn't know where to start.
A few years back, my cousin encouraged me to invest some portion of my hard-earned money in stocks of some profit making companies. In the beginning I was hesitant, but finally I bought few shares through a local share broker.
My first impression about the stock market was great because I got some profit in my first adventure out of the gate. This was my beginning in stock option trading system. A field which was alien to me became my part and parcel of my life.
Unlike today, back then the stock certificates were still printed, but it didn't take long to transition to paperless trading as I became more heavily involved in the stock market. My stock broker started to use a computer to execute trades as the internet quickly expanded through India.
Slowly I realized the importance of stock option strategies to progress in this field and I learn about option trading systems. Option trading, which was unknown and mysterious a few years back, has become so popular that most of the television channels started broadcasting both online share prices and option prices directly from the stock exchanges.
As stock option trading systems became popular, I applied for a demat account (a paperless account in India) and subsequently applied for an online trading account and started to trade on daily basis. I saw so many ups and downs in the market as well as in my fortune. Through mobile phone, I used to give trading instruction to my share broking agency.
Now three months back I applied for the software of the broking agency and got it installed in my personal computer at home. My wife, who is a commerce graduate and housewife, is utilizing this opportunity and trading on my behalf. Now my confidence level has gone up and I have begun guiding my friend on trading.
I now watch the world market in addition to the Indian market. Currently all of the markets are dependent on one another. Now all of the markets are dependent on the American market. As the American market improves, the whole world market improves. Every investor loves to see the index in the green.