can i trade futures in an ira account?
Question by Raymond L: can i trade futures in an ira account?
what broker allows me to do this?
Best answer:
Answer by Thor
Last I heard you can’t. It is too risky and prohibited for retirement accounts that get tax deferred status.
Like a trust, a tax deferred investment account is considered it’s own entity in a sense and both you and the account holder have a fiduciary responsibility to protect the account.
High risk investments are considered irresponsible and a breech of that fuduciary responsibility.
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Categories: Futures Trading Brokers Tags: account, Futures, Trade
Forex Trade Signals – How To Spot The Most Profitable Ones?
www.diyforextradesignals.info offers forex trad signals which are profitable. It’s not only profitable, it’s also hands off. You don’t have to take my word till you visit the website. You can thank me later.
Categories: Forex Trading Signals Tags: Forex, most, Ones, Profitable, Signals, spot, Trade
what stock would you consider for a swing trade tomorrow?
Question by : what stock would you consider for a swing trade tomorrow?
there seem to be a lot of low prices right now as long as the stock market doesn’t have a down day.
Best answer:
Answer by manav
bac or rf
can use scottrade Choose “Referred by a friend” and enter Coupon Code ZKJY0395 for three free trades (for sure) might get 7 depend on when you use this coupon
Add your own answer in the comments!
$2800 Trading today with the DAX; Learn to trade Futures & FOREX with the SChooloftrade.com
Learn to trade futures forex stocks with SchoolOfTrade.com, James Wave, Day trading, education, learn to trade, futures, forex, stocks, DAX, Emini, EUREX, CME, pivots, moving averages, stoploss, profit, profit target, market profile, volume, momentum, swing trading, scalping, DOW
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The Forex Signals – Forex Trade Signals Service
www.forextrainingsource.com Best FX Signals | Forex Trade Signals: Two Pro’s are COMPETING to give you THEIR best signals. Trade with competitively and professionally generated Forex Signals. 100% LEGIT.
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www.forexstrategysecrets.com You can learn to trade the forex market if you have the proper Education, Indicators, and Signals to work with.
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Categories: Forex Trading Signals Tags: Forex, Service, Signals, Trade
How to Trade Commodities for Beginners
Beginners guide, for people interested in trading commodity futures markets. Magazine article converted to audio. www.titansecurities.com.au (hard-copy displayed under website menu item: Trading Strategies)
Video Rating: 0 / 5
Categories: Commodities Trading Tags: Beginners, Commodities, Trade
who r the pretty good online commodity brokers that allow me to trade oats,corn,oil,gold,cotton etc
Question by Akay: who r the pretty good online commodity brokers that allow me to trade oats,corn,oil,gold,cotton etc
Best answer:
Answer by Learned guy
There are too many brokers who does commodity too. You can choose from the stock brokers, These day all stock brokers also specialises in commodity. Commodity is a good trade and safer because you can speculate a commodity more precisely than a share
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Categories: Commodities Brokers Tags: allow, Brokers, Commodity, good, oatscornoilgoldcotton, Online, pretty, Trade
Philippine shares end nearly flat amid cautious trade
Philippine shares end nearly flat amid cautious trade
MANILA (Xinhua) — The Philippine stock market continues to trade sideways as most investors remain cautious in buying stocks. The bellwether Philippine Stock Exchange index slipped by 0.07 percent or 3.46 points on Wednesday to close at 4772.27.
Read more on Philippine Star
China's Stock-Index Futures Rise on Greece Bailout Optimism
A rising wedge pattern refers to a trading range on a chart that begins wide at the bottom and contracts as prices move higher. LDK Solar Co. led a drop in Chinese solar stocks in New York after a French materials supplier said the companies are …
Read more on BusinessWeek
3 Heavily Traded Stocks To Buy, 2 I'd Avoid Now
Morgan Stanley is an investment bank that had 21980642 shares traded on Friday. One piece of news for the company has been the combining of its marketing and communications groups, with Jeanmarie McFadden as the unit's new leader.
Read more on Seeking Alpha
Inside-Trading 'Club,' Citigroup, Total, Glaxo in Court News
Prosecutors from the office of Manhattan US Attorney Preet Bharara said the ring, which allegedly involved five hedge funds and investment firms, is the largest identified by the US to date tied to a single stock. One trade earned a $ 53 million illegal …
Read more on BusinessWeek
Categories: Stock Trading Tags: amid, cautious, Flat, nearly, Philippine, Shares, Trade
Q&A: how do you trade future contracts without using leverage? I am so confused please explain me ?
Question by : how do you trade future contracts without using leverage? I am so confused please explain me ?
Hello people I have been trading cfd’s and forex based on leverage (1:100) since 2 years , but recently I have switched to future trading in which I cannot use leverage and the margin requirement is set by the broker ! It is 350 to 800$ by them ! Now I do I calculate my risk management % how much money will I make per point and all that
I only trade djia and s&p 500 future ,
I have 5k capital
suppose I want to trade CBT DJIA ($ 10) Futures and the initial margin requirement is 8,750 USD set by the broker ! and on the cbegroup website. the broker said that as I have only 5k and the margin requirement is 8,750 I cannot carry the position overnight and I can only do intraday trading with my 5k
Now they said the required margin is 15%-25% of the equity for intraday trading! how do I calcualte this that IF I open 1 or 2 lot trade how much money will I make per point?
btw I have a lot of exp in trading these but based on leverage I have no idea How to trade them without leverage and how to calculate
Note – do not tell me to trade based on leverage as it has been banned by the country’s law
Best answer:
Answer by David
You should trade the E-mini and Dow mini contracts rather than the full contracts. The earlier mentioned contracts are digital/electronic traded around the clock, whereas the latter are pit-traded during normal market hours and more than twice the value of the mini contracts.
The notional value of the E-mini is $ 50 times the value of the S&P 500, or about $ 60,000.
To trade without leverage, you would need $ 60,000 in your account, so your question is confusing. (Required margin would be 15% of 60000 = $ 9,000 approximate)
I trade both mini contracts with only $ 500 margin to day trade (that’s the lowest I’ve ever seen it). Initial margin to hold the E-mini overnight is $ 5,625. The Dow mini is $ 6,500. Initial margin for the full S&P futures contract is $ 28,000 to hold overnight. I doubt you have “a lot of exp in trading these” if you don’t know the difference.
http://www.ampfutures.com/index.php
You lose/gain $ 5 per point on the Dow mini, or $ 10 per point on the full Dow contract.
You lose/gain $ 12.50 per quarter point on the E-mini, or $ 50 per point change in the S&P.
Your broker should help you with this and give you exact figures — it’s their job — it’s what they do. You can check gains and losses by using a simulator.
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Online Stock Trading: Freedom of Trade
Article by Christopher Smith
I remember the first time I started to trade online. It was just before the tech bubble of the late 1990′s and the internet was still something new for most people. Purchasing the now forgotten company was easy, and I made a few dollars on that trade. It was so excitingly simple.Flash forward a couple of years and I have made and lost my share of money. While still ahead of the game, I learned a few things about online stock trading. Freedom is great, but it comes at a cost. Lets have a look at the benefits and the trade offs of online stock trading:The Benefits of Online Stock TradingLow commissions – for most people, this is the number 1 benefit of investing online. For .99 or less, you can buy and sell your favorite stock. Full service brokerage fees are usually over 0. If you are an active trader, that can start to eat up your profits very quickly. For every 000 you invest, you have to make 2% (0 – 0 to buy and 0 to sell) just to break even. Quickly act on price moves – another great benefit of online stock trading is being able to quickly act on price moves. With the click of a couple of buttons, you are able to take advantage. With a full service brokerage, you’ll have to call first, explain what and why you want to trade that stock and then wait to see what price you were filled it. Odds are, you may have missed the best entry point, and paid 10x the commission for that privilege. No middle men – No justifying why you want to trade, no having to have someone suggest that a stock might be too risky. You call the shots. Information – at your fingertips online stock trading can bring much needed and real time info that can help you when to buy and when to sell. Technical charts, real time prices and information sharing can be easily accessed online. The Drawbacks of Online Stock TradingNo middle men – while I just listed this as a benefit, its also a drawback. The majority of my losses were from stocks that did not meet my investment plan but were simple stocks that were being pumped and hyped up. Often, you end up buying a stock that is moving higher, and end up having to sell at a loss. When you trade at a discount broker, there is no stopping you from making a mistake. With a full service brokerage, your financial planner can help filter out the bad plays from the smart ones. This advice alone can more than make up for commission fees. Investment Plans – online stock trading doesn’t automatically come with an Investment Plan. Why are you buying a stock? What is your exit plan if things don’t go right? Will you use margin? Will you buy penny stocks (and if so, what percentage of your portfolio will be at risk)? A full service broker can help create an investment plan. Trading outside of your risk tolerance is one of the biggest risks your portfolio will face. The best suggestion I can make for you is to look at a combination of both. Trade stocks online, but talk to an investment planner, develop an investment and trading plan first. While you may have to pay for his time, your trading plan will help you to avoid unnecessary risk when you on online stock trading.
investment strategies for trading penny stocks.1source4stocks.com provides traders with online trading and investment startegies and tips. Free stock picks for subscribers to the Leading Source