I wear a tin-foil hat and have been stacking physical gold as a hobby/insurance policy for a while now.
I come from an engineering background in applied mathematics. Recently, I have had some time on my hands in paying attention to the mechanisms of market movements and I want to understand how to recognise patterns in financial charts.
I have a high risk aversion and have no interest in placing any bets at this early stage of my understanding. I just want to get a grip with what tools and interfaces traders use to make assumptions and place bets.
Currently I use these tools:
My question is: How does one go about playing with Options? Where does one start? Does one need to create an account with some online brokerage that provide you with a platform for day trading? If so, could someone suggest who. Are there platforms available that can be used to experiment with real live data but at no real cost or loss?
Any suggestions would be greatly appreciated.