Re: Newbie Questions.....
Thank you for all of your responses, they were all helpful, and appreciated. I will look into the e mini futures also, to be honest, I never contemplated doing anything other than equities, although as an investor from time to time used put options for insurance and also some income selling calls on underlying equities I held. I will look into futures also, thanks for the tip.
A couple of other questions that I have been wondering about also when you have some time. Does anyone know a good resource that can show me how to set up my trading as a business? Since I will not be 'quitting my day job' and probably actively trading also, how will I be treated by the IRS, since I will be deriving income from my primary job and also deriving and income (or loss) trading actively? Any suggestions, thoughts? Thanks for the help.
MPBigley
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