Comments on: where can i go to learn more about trading options OR stock options and futures? http://www.onlinetradingprofits.com/2008/10/26/where-can-i-go-to-learn-more-about-trading-options-or-stock-options-and-futures/ Follow the transition from a hobby trader to a trader who trades for a living! Wed, 04 Nov 2009 03:07:05 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: j2 http://www.onlinetradingprofits.com/2008/10/26/where-can-i-go-to-learn-more-about-trading-options-or-stock-options-and-futures/comment-page-1/#comment-121 j2 Tue, 28 Oct 2008 17:48:32 +0000 http://www.onlinetradingprofits.com/2008/10/26/where-can-i-go-to-learn-more-about-trading-options-or-stock-options-and-futures/#comment-121 If you really want to start trading futures, check out my blog. If you really want to start trading futures, check out my blog.

]]> By: OPM http://www.onlinetradingprofits.com/2008/10/26/where-can-i-go-to-learn-more-about-trading-options-or-stock-options-and-futures/comment-page-1/#comment-120 OPM Tue, 28 Oct 2008 01:26:07 +0000 http://www.onlinetradingprofits.com/2008/10/26/where-can-i-go-to-learn-more-about-trading-options-or-stock-options-and-futures/#comment-120 Also. The IRS has very unusual rules for options and futures. You do not need to engage in a closing transaction for you to be taxed on your positions in quite a few cases. It is very important that you understand the tax rules before you engage in a transaction. They do not work like the rules for stocks. As a very very experienced investor, stay away from options and futures until you really understand them. Futures in particular are more dangerous than options. The laws governing futures permit and expect insider trading. That is the reason that when Hilary Clinton invested $1000 in pork bellies and walked out with $100,000 a year later no one could do anything about it. As a governor's wife she was not violating the law to have trades placed that were set up to win. If you are not rich, or the spouse of a governor, expect to be taken advantage of. Also. The IRS has very unusual rules for options and futures. You do not need to engage in a closing transaction for you to be taxed on your positions in quite a few cases. It is very important that you understand the tax rules before you engage in a transaction. They do not work like the rules for stocks.

As a very very experienced investor, stay away from options and futures until you really understand them. Futures in particular are more dangerous than options. The laws governing futures permit and expect insider trading. That is the reason that when Hilary Clinton invested $1000 in pork bellies and walked out with $100,000 a year later no one could do anything about it. As a governor’s wife she was not violating the law to have trades placed that were set up to win. If you are not rich, or the spouse of a governor, expect to be taken advantage of.

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