IMHO, a finacial advisor poistion is essentially a type of sales position, dealing with finances of course. The CFA will qualify you to be an...
If you have three taxable accounts, one of which you use for trading and two which you use for long-term investing, can you elect MTM on only the...
I have not gone the hedge fund route -- at least so far -- but I do not see the need to use a prime broker if you have $1MM lined up and that is...
I believe the IRS wants to match the figures reported to them by the broker and the figures reported by you. If your borker reports only one...
I used TurboTax together with TradeLog last year. For my trading account, I used TradeLog to create a document that itemized the trades and...
The FTC's complaint: http://www.ftc.gov/os/2001/03/tcic_cmp.pdf
I am not an attorney, nor do I manage money at the moment, but this is my understanding: If you manage equities as a traditional equity...
As I remember, Frankie Joe was the subject of a cover story interview in Barrons in the mid- to late-1980s. You might be able to find it in a...
Page down at http://www.interactivebrokers.com/cgi-pub/exchange_display_web.pl?einfo=usCME2&file=GLOBEX.html The E7 and J7 contracts are the...
From page 19 of the 10-Q for the perioed ending 3/31/04, which can be found at www.sec.gov: "Item 2. Managementâs Discussion and Analysis of...
I'll be watching IFN -- the India Fund.
Thanks for the insights!
Certain exchanges prohibit orders on both sides of the market. AMEX prohibits it. A number of options exchanges (all?) prohibit it.
Cutten - great quote. Thanks for reminding us of that gem.... "I have stated before that whenever your worst fears are not realized about a...
debt is not a problem, until it is a problem. debt could suddenly become a problem due to a surprise -- like a perfect storm. higher interest...
This clip below was copied from TradeStation's recent quarterly earnings release. The other publicly traded brokerage firms likely provide...
alanm, this might be what you are looking for: http://www.irs.gov/pub/irs-pdf/i1099b.pdf
For $100 per month, the NYSE sells information called "Post & Panel Locations", which, the NYSE says, is "available at approximately 5:30 am each...
Good points. Thanks for the insight!
For a trader that does 1000s of short-term trades per year, does very few long-term trades, and does not have a tax-loss carryforward, what is the...
Separate names with a comma.