Look up greentradertax.com That's the best site I found about this subject. I even read their trader tax guide, very informative.
From what I read, they don't accept nor deny it. After you file your MTM return next year though, they'll decide whether they want to challenge...
Hmm, the sequence of questions you asked remind me of something...and it's right here on ET! Check out the training section on the top of this...
Hmm, things are making more sense the more I follow your adventures. Had to say $1k margin on ES sounded very aggressive, reckless even, when I...
It mostly depends on your time frame I'd think, a successful long term investor should have a much higher profit:commission ratio than a skalper....
You can read about them in Reminiscences of a Stock Operator.
I position trade stocks and get about 7:1 for the last year, before that I was a consistent loser.
The damn market likes to call the shots and tell you whether it wants to pay you or rip you off.
You're way ahead of most people on ET already. Good luck.
Doh! I was expecting a "good bye ET" letter from you. Guess I'll have to stay disappointed ;) Seriously though, good stuff.
Hey Ripley, How's your credit-card funded futures account doing? ;)
Haha I think you've got the answer you're looking for in your post. So you can't learn much about swimming by reading about it, you prob can't...
K's last post should mark the end of this thread. Are you a gambler? Better quit now. Are you a businessman? Stay.
Are those hedgelets glorified gambling or are they liquid enough to trade? Got this from a book. Private Mortgage Insurers. They are used to...
Ok so the equivalent strategy for a single trader is to NOT TAKE A POSITION until one of the imaginary traders cuts his loss, at that point you...
That's the age old question of whether you can make money using money management alone. Good luck with it.
While following this thread I kept wanting to bring up the issue of mental flexibility. Is mental flexibility not a key ingredient to succeed in...
...and those that quit and win some other way
That's a lot of good alternatives to explore. Thank you.
Today's mortgage rates are at all time lows, it surely represents a historic opportunity to lock in 30-year rates to buy a house. In a region...
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