Errol Chin on Clubhouse

Bio

6 figures Intraday Futures Trader | I help Individuals, Business, Brands and Influencers Monetize on IG.

Five reasons why I trade only Futures!

✔️Highly Liquid Markets
The majority of futures markets are highly liquid, making it easier to execute a trade quickly and at a desired price.

✔️Level Playing Field
Futures markets are centralized and consolidated whereas equity markets are fragmented and much less transparent. With futures, all traders see the same transactions and volume information since all trades are transacted in a centralized market.
Stock trading, on the other hand, takes place across dozens of exchanges. Liquidity and volume can be spread across several trading venues, obscuring volume data. Furthermore, dark pools, stock trading venues closed off to retail traders, account for an estimated 15% of trading volume.

✔️Trade the Entire Market with Index Futures
Why trade individual stocks when I can trade the entire stock market? Equity index futures allow me to trade an entire market versus picking & choosing from countless individual stocks.

✔️Diversify Portfolio & Hedge Existing Positions
As a Futures trader I can speculate multiple sectors of the economy including stock markets, metals, agriculture, bonds, energy, commodities and foreign currencies. The ability to diversify this broadly with a single asset class is unparalleled when compared with stocks alone.

✔️Futures Tax Advantages
Some of the most substantial benefits of trading futures vs stocks are the tax advantages. Futures tax advantages include:
* Capital Gains Advantages – Using the 60/40 rule for short term capital gains, as a futures trader, I can retain more than 5% of profits when tax time comes.
* Capital Losses Advantages – The 60/40 rule also applies to capital losses incurred from futures trading. Additionally, as a futures trader, I can carry back losses up to 3 years to offset gains from previous tax years.
* Futures Exempt from the Wash Sale Rule – The wash sale rule prevents a stock trader from claiming a loss he/she repurchases the same stock shortly after taking a loss on it. While this presents a significant tax obstacle for equites traders, the wash sale rule does not apply to futures traders.

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