My experience with banks
I did my first stock trades in 2009 – used Swedbank and bought stocks in Baltic stock market. Later I also made couple of trades in US market, but was not happy about it. Paying $25-27 per each trade seemed too high. If I invest $1000 in one company and pay $50 in commissions to Swedbank, then I need to get at least 5% return just to cover trading fees. Not cool. Spent 250 EUR in fees.
Continue reading How to avoid high fees when investing in stocks?
After I spent about 1 month opening a trading account in Norvik bank, on October 25th I finally bought my first options. I chose Herbalife PUT options with the longest term and with the lowest strike price that were available: $35 strike price, expire date: 2019-01-18
Continue reading First option trade: Herbalife
If you read my last post „How to buy options in Latvia?” then you know I planned to open a trading account in Norvik bank. In this post I will describe the process in more detail.
It is not easy to trade options in Latvia, so I will describe the process how to get started and what to expect in terms of costs.
Continue reading How to buy options in Latvia?