Hi Hartraft,

Yes, that's a great way to buy shares at a discount. I'm sorry I don;t know whether Commsec allows you to do that or not. I think they are more for simple share purhcase and sale transactions … but I could be wrong.

You ask about learning how to do it, well, i have to express an interest here as I sell a program that teaches people a number of different investing things that includes both these strategies. So, I guess I am slightly biased in terms of how to learn about it. But recognising that this forum is not for advertising …

I would suggest that you DO look out for a way of learning how to do this. There are right and wrong ways. One of the keys to successful investing is to manage your risk and that is more important in the share market where prices move quicker than property prices do.

My suggestion to get started is to start paper trading with a few of the bigger companies on the ASX. You will be able to get the price information from Commsec (or from the ASX website). If you start doing that WITHOUT any real money you will start to learn how it works. But I have to say that I strongly suggest you look out for a good training course to help you get started that will minimise your mistakes when you start real trading. So, check a few out. Feel free to drop me a private message if you want more help.