Recent Content by dethkultur

  1. How to buy married put when volatility is through the roof?

    Try a collar. Sell a higher priced call to finance the cost of the put. Often, you can do it for no cost if you go out a number of months. This...
    Post by: dethkultur, Sep 16, 2008 in forum: Options

  2. Monarchy is BETTER than democracy

    There's never been a war between two mature democracies. (Mature defined as - a peaceful change in power when a party loses an election) Theory...
    Post by: dethkultur, Sep 15, 2008 in forum: Politics

  3. Lost my account

    Trading is brutal, and it seems like everyone rejoices on ET when anyone loses big. Keep that in mind. "Get right back out there kid" is not the...
    Post by: dethkultur, Sep 15, 2008 in forum: Professional Trading

  4. How do you structure yourself financially for trading full time?

    Ok I'll answer directly, your quote is above this. On reading what you said - you said someone has to pay social security on gains through an...
    Post by: dethkultur, Sep 9, 2008 in forum: Professional Trading

  5. How do you structure yourself financially for trading full time?

    First of all, that's not true. An LLC is a legal entity, but profits and losses get passed right through, and you pay taxes on them as if there...
    Post by: dethkultur, Sep 9, 2008 in forum: Professional Trading

  6. IRS denies trader tax status

    I haven't used their service, but their book is gold. Tax Guide For Traders, I can't imagine trying to be a trader in the IRS' eyes without having...
    Post by: dethkultur, Sep 3, 2008 in forum: Taxes and Accounting

  7. Recommended Programming Language for Finance

    Amen. Start with something, anything. Hell, I'd say start with Google Spreadsheets, all the GoogleFinance functions that is. You can trick some...
    Post by: dethkultur, Aug 29, 2008 in forum: Professional Trading

  8. Raising money - what am I doing wrong?

    That's probably the #1 nugget of wisdom so far. It's the same when you startup any business that is asking for tens of thousands of dollars based...
    Post by: dethkultur, Aug 29, 2008 in forum: Professional Trading

  9. Deducting trading expenses with a full time job (job not related to trading)

    What GermanTrader said. Here's the line of thinking... The IRS says that person or entity doing the trading must have trading as their...
    Post by: dethkultur, Aug 28, 2008 in forum: Professional Trading

  10. Why are Republicans such a nasty bunch ?

    Here's two: Some scholarly stuff from the President's Press Corp (more recent stuff toward the bottom):...
    Post by: dethkultur, Aug 27, 2008 in forum: Politics

  11. Why are Republicans such a nasty bunch ?

    It's the press. They do have a huge influence on how things are quoted, what gets quoted and the context it is provided in. Many surveys show 80%+...
    Post by: dethkultur, Aug 27, 2008 in forum: Politics

  12. How do you structure yourself financially for trading full time?

    I got the book recently - it is what you need. It goes into what is deductible and what isn't, and like anything having to do with the IRSit has...
    Post by: dethkultur, Aug 6, 2008 in forum: Professional Trading

  13. Equity System for Options: Feasibility Guidance

    Not exactly... quoted delta is the change in premium for a one point move in the underlying, not a 1% move. You can do a simple ratio to get an...
    Post by: dethkultur, Jul 25, 2008 in forum: Options

  14. ssooooo elementary

    Whoever wrote it is just getting a little fancy with his math. Short answer to your yes/no question is "yes." 1.37 = 1/.73 reward/risk =...
    Post by: dethkultur, Jul 23, 2008 in forum: Options

  15. How do I backup my emails?

    I'm not sure copying the raw files will work... I would test it first. It used to work with outlook and outlook express but Outlook 2003 has some...
    Post by: dethkultur, Jul 18, 2008 in forum: Networking and Security