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Old 02-12-2008, 12:20 AM
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Re: Need Advice
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cmc
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what is ES, NQ and YM?cmc
They are basically stock index futures instruments equivalent to SPY, QQQQ and DIA, respectively. There are liquidity, leverage and tax (60:40) and reporting advantages (1 statement /yr) to trading futures vs actual ETFs : http://www.investopedia.com/terms/i/indexfutures.asp http://www.investopedia.com/terms/e/emini.asp

Last edited by thrunner; 02-12-2008 at 12:34 AM.
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