Thanks for the tip. Is it only available from their mobile app? Can't trade on desktop yet? Or so Perplexity says ... As of March 4, 2025, you...
If desired you can go both long and short in your IRA if you are trading futures.
yes that and any other income
The IRS has released the tax inflation adjustments for the 2025 tax year. Here are the key details: The tax rates remain unchanged at 10%, 12%,...
I'm paying about 45% the past several years. Planning to dial back this year. I guess paying 45% is a good problem to have.
For a single taxpayer, the rates are: Tax rate on taxable income from . . . up to . . . 10% $0 $11,000 12% $11,001 $44,725 22% $44,726 $95,375...
If you become a tax resident in the U.S. and your only income is from trading futures (with trader status as per IRS criteria), your capital gains...
Nine states currently have no income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming....
Column A shows the theoretical number of trades for each bracket setting. In these 3 cases (3 brackets) the first and last bracket, results were...
Ironchef - i tried 1:1 and i couldn't make it work well enough to please me, but i will show you what can work. Volpri sharing what he has is the...
Volpri - you probably covered it and i didn't catch it, but when trading NQ, please say what the average stop loss you recommend?
It's not too late. Make your dreams bigger than your memories.
A good CPA will earn you more than they charge you but you might find this useful https://www.forbes.com/advisor/income-tax-calculator/
LightSpeed might have a policy of requiring an LLC to have an EIN but not all brokerages do. Business Structure Considerations LLCs vs. Sole...
In addition, while a sole proprietorship and a 1 member LLC can choose to use their SS # for taxes and not have an EIN, a general partnership is...
You will have to disolve the LLC and start over with the new entity, be it a sole proprietorship or general partnership. Remember to complete...
In 1975 i was a deckhand earning $25 per day. Home port was Houston and we pushed diesel and gasoline barges mostly up the Mississippi. I was...
You might like https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=mstr&insttype=&freq=9&show=&time=1
I like that Volpri and Ironchef my hats off to you for having the patience and wisdom to spend this time on demo trades. You've done well :)
Good info Steve. Do you suggest a wider stop for the first 5 minutes?
Separate names with a comma.