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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (853)	5/9/1999 8:29:00 AM
From: Nelson Chang	Respond to of 1383

>>>Though I am not currently a futures traded, I plan to look into it. To be able to save 50 percent on taxes its worth a shot. <<< Thanks for the suggestion, John. I trade equity options, and have done quite well w/ them, but never futures. So I am familiar w/ options in general. I'll look into it; however, I am very VERY hesitant to change my trading strategy simply based on taxes. Besides, while this strategy may be taxed less, it does not really "reduce" taxes from my primary gains from stocks as do deductions. ...And yes, I trade 80% on technicals. What other people call tea leaves, I call a written explanation of what people are likely to do again...and again...and again...