I am a newbie looking to open a future account. But I have a question that I know many of you knows about it. I would appreciate if some one give me some info on this. Here is the question: 1. Is it possible to carry both long and short position in future account? So far this is some of the info that I got> 1. Govt. regulation prohitbit you do that. 2. It is possible if there are different month contract, but not the same contract. 3. No it is not possible, you would have to open 2 accounts, one for long, one for short. This is from Tradestation brokerage. 4.Govt regulation prohitbit you to carry long and short in different account in same brokerage. But on the same account it is OK, becase they cancel each others. As you can see, some of the answers contradict each other, of course it could be just brokerage specific. I do not know. So can some one clear this for me.