MNQ expiry on Mar 17 and I plan on rolling over to the next contract, questions.

How does a realized debit differ from a realized loss?
It has been years since I taded futures (day trading) and for tax purposes I recorded a debit as a loss on a long position.


The operative is REALIZED. Generally speaking, only realized values are tax events.
 
I might be bat-shit crazy but I don't trade options. Could never figure them out. Too many people trying to convince me that it was easy money and thats a red flag. Why would anyone want me to make money??

OMG, so you are saying you are a normal person. *phew*!
 
I may be mistaken, but I don't believe you can "roll a contract forward". You can roll your position forward... but that involves closing out the current month and opening a new position in a later month.... paying commission/fees on both sides. That right??
 
I find this kind of thread re-assuring that there will always be opportunity to make money.

To OP, you should probably step back and educate yourself on the basics before continuing to "trade" futures.
 
Rolling is selling current month and buying future month, as simple as that. Yes if you are in red, it is money lost but you open a position at a lower cost basic.
 
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