Take Barclay Hedge for example. Looking at their January monthly, top CTAs managing <$10M earned 8.93-38.76% while CTAs managing >$10M earned...
Managing 2% monthly return on $100K vs $10M is a totally different ball game, both psychologically and in risk.
I don't really think it's about % earned more then money made. Making 2% a month on $100K isn't that hard. That's only $2,000. The big...
I'm done for today. $720 net.
None the less, I turned over $608.75 net last night/this morning.
I'm not too sure either. I'm new to trading. The 50 trades has been since I begun, not tonight. I average $94/contract on /zb, $2.50/side commission.
Tonight has been much slower. New to futures. Figured trading at night would pose less risk. So far so good. 15 winning trade streak. My total W/L...
From last night. I believe my commission left me at $460 net. Tonight, I'm $170 net. Will be $225 once my current contract fills.
I had to deposit $2500 to open the sub-account to cover any losses the firm gets from my trades. However in the section, it says this. To...
I have only spoken to 3 people. An inactive CPA SCORE mentor told me it's considered ordinary income since I am a contractor to the firm and they...
Basically I trade their capital in the sub-account created when I applied. The account, capital and stock purchases are their property. I was just...
My name is on the sub-account, which the contract states is for accounting purposes only. All stocks and capital is owned by the broker.
Well I get paid a cut, which is a commission. This would be ordinary income, not capital gains.
And that was just an example.
I'm just trying to determine whether capital gains applies to me or not. I've gotten differentiating opinions from several CPAs. I reviewed...
So basically, traders never win. $78,000 GROSS -$15,356.25 Federal Income Tax -$19,500 Capital Gains Tax -$5,205 VA State Income Tax...
I have an Indie Contractor status for an offshore firm trading with their capital and sub-account. I am a US resident. Should I pay capital gains...
Is there anything illegal in using an offshore account? Or is it just the risk of the firm stealing my money?
I took that test 3 times and they all varied greatly. First was 92. Second was 131. Third was 122.
I smoke weed 30 minutes before market open and take some addy. I quit for the day when I make my goal. This is the only preparation I have mentally.
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