Thinking About Full Time - A Few Basic Questions

Discussion in 'Professional Trading' started by Lapdance Jockey, Dec 9, 2005.

  1. What the fuck..Monday we start. Be there you fucking idiot

    or you lose by default
     
    #41     Dec 10, 2005
  2. esmjb

    esmjb

    may the best man win
     
    #42     Dec 10, 2005

  3. LOL

    Too late the gaunlet has been thrown down and it's official now be a man !!!
     
    #43     Dec 10, 2005
  4. Hey your the one "going on vacation" all of a sudden. Make that a permanent vacation you fucking loser.

    Be a man?, I am not the one "going on vacation" you wussy. You must be the weakest excuse for a trader that I have ever seen.

    See you Monday.

    Steve
     
    #44     Dec 10, 2005
  5. ladies - where did we get off track? :cool:

    i think i still have a my questions that sort of got answered

    why does everyone have a hard-on for futures/options
    - i got the msg about taxes and under funding - but im still a little new to understand what you mean when you say people like them b/c of the 60/40 rule - whats that?
     
    #45     Dec 10, 2005
  6. esmjb

    esmjb

    i think people are more amped about futures than options but i will give a few reasons why futures are awesome:

    volume is up huge year over year

    no up-tick rule for shorting, if you want to sell you can just sell (unlike stocks)

    less margin is required than for stocks (i believe)

    the bid/ask spread is tight as can be with good size on each (fo ES, NQ, GE, DAX, FESX...)
     
    #46     Dec 10, 2005
  7. "60/40 rule" refers to the tax advantage that a trader (in the United States) enjoys IF they are profitable trading futures.

    Steve
     
    #47     Dec 10, 2005
  8. 60/40?

    isnt capital gains the same all around?
     
    #48     Dec 11, 2005
  9. omniscient

    omniscient Guest

    #49     Dec 11, 2005
  10. thanks!
     
    #50     Dec 11, 2005