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In a message dated 98-03-28 12:53:26 EST, you write:
<< You can't trade futures the way many
trade stocks. >>
What most people fail to understand is the each trader creates his own risk
with the amount of leverage he decides to use. IMO, there is much more risk
with most individual stocks than with the S&P Index. How many times has the
S&P moved 10% in a single day? That happens frequently with individual stocks.
The difference, of course, is in the leverage. However, although there are
minimum margin requirements, there are no maximum margin requirements. As I
said before, each trader creates his own risk.
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