I have been looking and reading up on options and warrants as an alternative to the stock tradig. I realize that options and warrants are high risk instruments which can earn/lose substantial amount of money pretty quickly, which is why (especially that losing money part) I havent tried trading them yet at all.
I do have a basic understanding of put/call principles, timing issue etc. but I was not able to work out how to actually go about trading them.
I mean I tried to add an options trading feature/permission to my basic ComSec shares trading but ran into some obstacles there. They basically wanted to know how long do I trade shares and how much finance I have etc. on which base they rejected me as not suitable (or something on those lines).
So finaly to my question: is the options/warrants trading for everyday not-multimillionare-yet man like me or is it basically only reserved for big shots and financial institutions with large capitals?