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Is a forex trade considered a "foreign currency contract." I'm actually very close to taking this to a professional preparation service, just curious for my own future knowledge. Thanks

I've always prepared my taxes myself using Turbotax, they've been very simple and easy to do in the past. I've traded a futures speculative account with my company, but never traded an account using my own money. I'm just not familiar with the tax preparation and the next step to take...

Well, maybe there is no 1:1 hedge against the apocalypse (as far as money is concerned)... In his book, Pit Bulls, Marty Schwartz explains how he had gold bullion stored in a safety deposit box. On one occassion he felt the US economy was near collapse and describes lugging a briefcase full...

Thanks for the info - but I'm still wondering exactly what's on these sheets. What is the most basic information a market maker would need in pricing an option on the floor? I would guess the trader inputs a vol then receives a printout of strikes on Y axis with underlying price on X...

I've seen photographs of options traders on the floor holding pieces of what appear to be 8.5x11 paper folded in half the long way (presumably so they can fit in the trading jacket pocket). The papers seem to have columns of data printed on them. I'm not talking about the trading cards or...