Trading stocks under an LLC, what kind of business is it?

[Grant]

Im hiring a CPA and they said that i should do my persional day-trading under the LLC to both shield my personal property from any substantial losses i may incur if the market decides to turn on me. and that taxation laws are more lenient...

My question is:
should an LLC be established for the soul purpose of trading stocks, were it invests it's own capital into stocks, and any proceeds go right back to the business, what kind of business is that considered to be????

[DerekS]

Your capital is the LLC's capital- so either way you're taking the loss.