J Jayford Feb 4, 2003 #12 For futures trading, 60% of profits taxed at long term cap gains rate. The rest at regular income rate.
For futures trading, 60% of profits taxed at long term cap gains rate. The rest at regular income rate.
B BobbyMurcerFan Feb 4, 2003 #13 Thanks, BTW, I believe 60/40's also the case for DJX, OEX & SPX options, but possibly not for DIA, QQQ & SPY options (which seems weird, but I have been told this).
Thanks, BTW, I believe 60/40's also the case for DJX, OEX & SPX options, but possibly not for DIA, QQQ & SPY options (which seems weird, but I have been told this).
