Trading Mentor

If I trade options in my account and I make a substantial amount in one day and sell what are the tax implications. Do I just get tax as if I were trading stocks?

I want to trade penny stocks and a few regular stocks. I don’t have a lot of money to spend paying the site, but I would like to at least have a feature where if a stock lowers to a certain point it will automatically sell if that’s available. Other than that I just want inexpensive service.

Might be nice if someone can simplify how it works. I am also looking for an automated forex trading system too.

Where can I view this information? How?

I want to quit my job but still need a solid source of income. Some friends of mine have suggested trading stock options, but is this really possible to make enough to replace my normal income or my job?

I have done over 100 stock option trades. I can enter them in manually or i can use quicken. BUT How do i import the stock trades into quicken and then export into turbo tax?

This question is regarding an online futures trader with a low risk trading system that is highly profitable. He wishes to use his trading strategy/skills to make money for an institution or an individual. However the trader does not have any financial degrees, or experience working as a "professional" trader; only personal trading experience. The trader does not have any "start-up" capital of his own that he is willing/able to risk and is wondering what would be the optimal place to look for employment. Any details would be very helpful, especially from anyone else that has been in a similar situation before.
Thanks in advance for all replies.

http://games.espn.go.com/nba/features/traderesult?players=378~497~3838~2789~255~532~1722~615&teams=10~10~28~28~9~9~28~10&te=&cash=

Golden State: A very talented offensive threat with TMac and an expiring contract of Steve Francis, who could work his way into the rotation. Trading away Jackson and Maggette could help with the development of the younger guys like Brandan Wright and/or Anthony Randolph. Tracy McGrady could also be a great mentor for Anthony Morrow. Trading for McGrady gives the Warriors cap flexibility for the Summer of LeBron, when they could make a potential run at Chris Bosh, who would seem like a great fit in the Bay Area.

Houston:With Jermaine O’Neal’s expiring contract, Rockets could potentially make a run at some big names in 2010. O’Neal could also dominate the post for Houston. Stephen Jackson knows Artest from Indiana and will help spread the floor with his three point shooting. Maggette also adds some depth on the floor with his ability to get to the free throw line.

Toronto: Getting Yao Ming would be a welcoming move by Jerry Colangelo, who loves adding international players to his already mixed team. Yao Ming would be more of a true big man who would help Chris Bosh not have to grab so many boards and get out more in transition. Turiaf is a great shot-blocker against smaller teams and would help with the lack of shot blocking ability that Toronto has needed. DeMarcus Nelson is a young prospect who is a great defender and could back up Jose Calderon potentially if he were to flourish in Toronto, could pass Roko Ukic in the depth chart. Nelson is also very athletic, we’ve seen some flashes of his athleticism in the China Games with his posterizing dunk over Richard Jefferson.

Thoughts?

I have been reading about trading forex but I am unsure about the strategy I should be using. I have read about so many different strategies and they all claim to be the best and easiest. I was just wondering if anybody had any real experience trading forex that could recommend a good strategy to start out with.

I would like to conduct a stock trading seminar. I was wondering if you needed any credentials to do so, such as taking the series 7 exam. If so is there any disclaimers or warnings you can give to avoid having to take the exam?