NYSE bigcap trading

Quote from Ron In-a-sauna:




not assuming you trade futures, but alot of traders here do, somoene tell me what the edge is in trading futeres; as far as i can telll there is less edge in futures

1. No market makers or specialist. Its first come first serve and takes less than a second for a fill.

2. No short sale rule.

3. Lower transaction costs.

4. Leverage. This could be considered an edge in that you can make good money even in "dead" markets. (range trading).

And finally, if you are profitable, you pay 60% long term cap gains, 40% regular rates.

Jay
 
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