Laid Off From Work? Here's How You Can Earn Anew – Online

Getting laid off from work is never a pleasant event in anyone’s life. But with a little ingenuity, a computer, and the desire to change things up a bit, you might want to think about a new opportunity for financial gain via e-mini trading.

Why E-minis?

Stock index futures are contracts to buy or sell the value of a specific stock index at a specific price on a specific date in the future. Mini contracts are smaller versions of regular contracts and require less money to trade. Consequently, someone who has just lost his job wouldn’t have to tap out the savings account to get involved.

History

E-mini contracts were launched in 1997 for the S&P 500 index with great success. Now they’re available on a wide range of stock market indexes, commodities, and currencies. As of April 2011, CME lists E-mini contracts — and about 10 of them have average daily trading volumes of more than 1,000 contracts.

What are the advantages?

Some E-mini contracts feature trading advantages, including high liquidity (and therefore tight spread), greater affordability for individual investors due to lower margin requirements than full-size contracts, and round-the-clock trading (23.25 hours a day, from Sunday afternoon to Friday afternoon). Under U.S. tax law, E-minis may qualify as 1256 Contracts, and benefit from several tax advantages as well.

Increasing popularity

As a result of these advantages, the E-mini has been a huge success with both non-professional and professional traders. Trading volumes have increased rapidly. Monthly traffic figures are averaging in excess of 40 million contracts and the average daily volume is currently more than 2 million contracts.

Get more information on E-Mini trading

Founded in 1994, Trading Concepts quickly established a reputation as one of the industry’s finest educational companies in the world.

And as one of the oldest, most respected trading education companies in the industry, they’re proud to have mentored more than 6,000 traders in Forex and E-mini futures, providing them powerful trading strategies and money management techniques that have previously been available only to professional traders. Their ongoing blog and videos are excellent educational resources for anyone who wants to learn more about E-mini trading.

E-mini trading might not be the ultimate solution for people who have lost their jobs, but it certainly offers an easy opportunity to recapture some of your lost payroll in the short term

About Author:

SB is a financial writer who has profound knowledge on the contemporary financial world. He loves to contribute his articles to various financial communities, websites and blogs so that people who are going through distress, can read and help themselves get out of the debt mess.