Allstocks.com's Bulletin Board: Couple Questions

This is topic Couple Questions in forum Options Picks and Talk. at Allstocks.com's Bulletin Board.

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Posted by tntrader on :

1) Can someone please explain to me what the QQQ is exactly and what scalping the QQQ means.

2) I'm interested in learning more about trading options. I understand options as I have a finance degree, am currently studying for the CFA and have worked in the industry for a few years. I haven't ever traded options though. Any suggestions would be awesome.

3) Any thoughts on eMinis?

Thanks in advance for any insight. I moved this here, after glassman pointed me this direction [Smile]

Posted by Bob Frey on :

The QQQ is now the QQQQ's they are the 100 largest NASDAQ stocks. "NASDAQ 100 Trust Series 1" Scalping just means grabbing a quick profit during a run.

http://finance.yahoo.com/q?s=qqqq

http://finance.yahoo.com/q?s=%5ENDX

http://finance.yahoo.com/q/cp?s=%5ENDX

Paper trade till you are comfortable.

EMinis no thoughts.