i'm amazed by people's reluctance to accept that indices can fall bout 12-15% and squeeze 12-15% within 3 months.
the fed will lower fund funds to 3% or lower. it's just a function of how soon.
Everyone's short this weekend. That's pretty rare too.
That assumes all your income is from trading. ie if you're into real estate and/or have a salary, you can't mark to market.
Even if you had bot it back within 31 days, u get "credit" for the loss by affecting the cost basis of ur new position.
Then u can deduct the loss, assuming you haven't bot it back within 31 days.
After the last loss, did u buy the stock back?
You can if you have capital gains to offset the 10k losses against. Otherwise, u are limited to 3k off ordinary income. McGreedy, CPA 1989-1994
Ha, those guys are good. I was at a prop daytrading firm in 02 brought over my K-1, he insisted that I show my trade log of all transactions. I...
Why are u reporting an income ($20,500) on a loss?
great strategy for daytrading. getting back to question, up or down? if ur period is longer than a few minutes or hour, then you should care....
not everyone microscalps seconds like you. that's why it matters, and the first trading day of year relative to prev year and prev month...
UP or DOWN? Place ur bets.
amen.
yes and no. it's random when it rains when there are no stormclouds. it's not random when it rains when there are stormclouds. many traders...
markets are random most of the time, except when it's not.
Well, one should not discount the fact that the first operating systems such as IBM's OS/360 and DOS 1.0 though very primitive compared to today's...
The British and Romans were brutish thieves.. They simply took by force. Sound familiar? It's time we recognize the true origins of these...
"Any free program is threatened constantly by software patents," Stallman wrote in a 1991 revision to the GPL. "We have made it clear that any...
Open-source schism Yes, free software is a more sophisticated concept than many people think, and it is subject to a legally enforceable license...
Separate names with a comma.