I can't argue with that.
I do not believe that "paper" trading accurately reflects what would have happened had the trades actually been made. The market reflects the...
Easy to cheat -- no verification that you actually made the trade.
shortened name of my professional corporation.
Wow. That's pretty impressive. In fact 9% average per month for 20 years on starting capital of $1.00 equals $960 million bucks! Oh, I know,...
So Norm...what have you learned so far?
Questions: 1. How much risk capital do you use? 2. What security instruments do you trade? 3. Who's your broker? 4. What is your average...
The big issue that you may confront is that the IRS could choose to treat one of your long term profitable investments as short term, so you would...
As for having to revoke the election, there's really no need. If you want to retain the benefits of long term investment, you need merely indicate...
1. True, although, I'm pretty certain that IRS Ruling 99-17, which requires the election by 4/15, is an unlawful reg. But, that's another issue....
Regarding IRS crackdowns, if you have specific evidence of this, I'd like to read it. Unsubstantiated rumors about IRS crackdowns are always...
OK, I've looked up the relevant law, and I have what I believe is a fair interpretation. 1. The MTM allows the taxpayer to treat all trading...
You are correct that trader status and the mark to market election are different issues. However, in order to deduct ordinary expenses on Sched C...
All you need to do in order to deduct your ordinary and necessary costs of doing business from your income as a trader, is to make the "mark to...
The price field peg is a nice feature, but that's not my complaint. We chatted at length on your support board about this issue, and it's been a...
Pros: Excellent program for tracking a diverse portfolio, especially if you have accounts with multiple brokerages. QT has an amazing array of...
The theoretical capitalism that you suggest as having positive attributes, doesn't exist, any more than does Marx's ideal of the perfect communist...
"Socialism" is the distribution of private property and its incidental ownership rights to members of society on the basis of need, rather than on...
By the way, professor -- when will you grade our essays?
Please read your PM. Thanks!
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